What Is SR-22 Insurance and Who Needs It?

SR-22 forms can be an integral part of auto insurance. These are certificates of financial responsibility often required for certain high-risk drivers. Your insurance company files this form with the state’s Department of Motor Vehicles (DMV) to prove that you carry the minimum liability coverage mandated by law. Essentially, an SR-22 can serve as a guarantee that you have the necessary auto insurance coverage.

Who Needs an SR-22?

Drivers typically need an SR-22 after being convicted of specific traffic-related offenses. These offenses can include driving under the influence (DUI), driving without insurance, reckless driving or accumulating too many traffic violations in a short period. The requirement for an SR-22 can be court-ordered or mandated by the state, and it usually lasts for a specified period, often three years.

How Can I Get an SR-22?

Obtaining an SR-22 typically involves contacting your insurance provider, who will then file the form on your behalf. If your current insurer does not offer SR-22 filings, you may need to switch to a company that does. It’s important to note that having an SR-22 can lead to higher insurance premiums due to the increased risk associated with your driving record.

In some cases, drivers who do not own a vehicle but still need an SR-22 can opt for a non-owner SR-22 insurance policy. This policy provides liability coverage when driving a vehicle you do not own, ensuring compliance with state regulations.

What Happens if I Don’t Obey These Requirements?

Failing to maintain the required SR-22 coverage can result in severe consequences, such as the suspension of your driver’s license and additional fines. Therefore, adhering to the terms of the SR-22 requirement is crucial to avoid further legal issues.

We’re Here to Help

Contact Insure One Way in Joliet, IL, today to learn more about SR-22s and discuss your auto insurance needs.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.