What Is An SR-22 Insurance Policy?
You have just found out that you are required to carry a SR-22 insurance policy by your state DMV and you may be wondering what is an SR-22? Quite simply put the SR-22 is a certificate that is attached to a automobile policy. It obligates the insurance company to issue the SR-22 to your state DMV when the policy is purchased notifying them that you are complying with the your states minimum liability requirements. The SR-22 also requires that if the insurance company cancels for any reason they are obligated to inform the DMV that you are no longer insured.
What happens when my SR-22 Insurance Policy cancels?
If you are still required to carry SR-22 Insurance and you let the policy cancel your insurance company will send a notification to the DMV called a SR-26 which cancels the SR-22. When the state DMV receives this notice they will send you a notice of suspension of your drivers license. If you ignore the suspension letter and do not repurchase a SR-22 Insurance Policy they will suspend your driving privileges until you comply. You will also face a reinstatement fee from DMV to receive your license back.
What if I do not own a car but need SR-22 Insurance to keep my license?
You can file a SR-22 on a Non Owner Policy which is a liability only policy that follows you when you drive cars that you have no ownership in. If you acquire a vehicle you must change the policy and add the vehicle to the policy so you will have coverage. The insurance company will notify DMV that your non owner SR-22 has been changed to a Auto Policy and they will send a new SR-22.
How long is the SR-22 Insurance requirement?
For most states the SR-22 requirement is 3 year period from when you start the SR-22 insurance policy.
What if I need the SR-22 in a state I no longer reside in?
That is usually not a problem we have several companies that can issue out of state SR-22 insurance certificates to the state that is requiring it.
What does SR-22 Insurance cost?
The SR-22 cost is minimal a lot of companies do the SR-22 Filing for free and others may charge a small fee of $5.00 to $20.00 for the extra paperwork involved. The real cost is the insurance you are buying not the SR-22 itself. You can get a free SR-22 insurance quote by clicking here.
How do I get SR-22 Insurance?
If you currently have an insurance policy call your existing agent or company and request they add the SR-22 to your insurance policy. If your not insured or your current insurance company cannot help you can get a SR-22 quote by clicking here. We represent multiple SR-22 insurance companies and will look for the very best rate.