Auto Insurance for SR22 – Everything You Need to Know

Auto insurance is essential for anyone who owns a car, but obtaining it can become complicated if you are considered a high-risk driver. One of the most common reasons for being labeled as high-risk is receiving an SR22, which is a form that proves you have valid insurance coverage. In this article, we will cover everything you need to know about auto insurance for SR22, including what it is, who needs it, and how to find the best rates.

What is SR22?

SR22 is a certificate that your auto insurance company files with the Department of Motor Vehicles (DMV) to prove you have the minimum required liability coverage. The SR22 is required if you have been convicted of certain driving offenses, such as a DUI or driving without insurance. It is not insurance itself, but rather a proof of insurance.

Having an SR22 on file means that you are a high-risk driver and that you pose a greater risk to insurance companies. As such, auto insurance for SR22 holders can be more expensive than standard auto insurance.

Who Needs SR22 Insurance?

If you have been convicted of certain driving offenses or have been caught driving without insurance, you may be required to obtain SR22 insurance before you can legally drive again. Some common situations that require an SR22 include:

If you are unsure whether you are required to obtain SR22 insurance, you should contact your state’s DMV or a qualified insurance agent.

How to Get Auto Insurance for SR22

Finding auto insurance for SR22 can be more challenging than getting a standard auto insurance policy. Many insurance companies do not offer insurance to high-risk drivers, and those that do may charge significantly higher premiums.

Here are some steps you can take to obtain auto insurance for SR22:

1. Know Your State’s Requirements

Each state has different requirements for SR22 insurance, so you should make sure you understand your state’s specific requirements before beginning your search. Your state’s DMV can provide you with this information.

2. Shop Around

When you are looking for auto insurance for SR22, you should shop around and get as many quotes as possible. Be sure to compare quotes from multiple insurance companies to find the best coverage and rates.

3. Look for Specialized Insurers

Some insurance companies specialize in providing insurance to high-risk drivers, including those who require SR22 insurance. If you have difficulty finding insurance through a traditional insurer, you might consider contacting one of these specialized insurers.

4. Consider Bundling Policies

To save money on your auto insurance for SR22, you might consider bundling your policies together. Many insurance companies offer discounts to customers who purchase multiple policies, such as auto and home insurance.

5. Maintain a Good Driving Record

Improving your driving record can help you lower your insurance rates over time. If you maintain a good driving record, you may be able to qualify for lower rates on your auto insurance for SR22.

FAQ

Q: How long do I need to have SR22 insurance?

A: The length of time you need to have SR22 insurance varies by state and offense. In most states, you will need to maintain SR22 insurance for at least three years.

Q: How much does SR22 insurance cost?

A: The cost of SR22 insurance varies by state and insurance company. However, you can expect to pay significantly more for SR22 insurance than you would for standard auto insurance.

Q: Can I still drive if I don’t have SR22 insurance?

A: No. If you are required to have SR22 insurance and you do not have it, you are not legally allowed to drive. Driving without SR22 insurance can result in fines, license suspension, and other penalties.

Q: Will having SR22 insurance affect my credit score?

A: No. Having SR22 insurance does not affect your credit score, as it is not reported to credit bureaus.

Q: Can I cancel my SR22 insurance once I am no longer required to have it?

A: Yes. Once you are no longer required to have SR22 insurance, you can cancel your policy. However, you should make sure you have obtained the necessary documentation from your state’s DMV before canceling your policy.

Conclusion

Obtaining auto insurance for SR22 can be challenging, but it is essential for anyone who wants to drive legally after being convicted of certain driving offenses. By understanding your state’s requirements, shopping around for quotes, and maintaining a good driving record, you can find an auto insurance policy that meets your needs and budget. Remember, driving without SR22 insurance is illegal and can result in significant penalties, so be sure to obtain the required coverage if you need it.