What Is SR-22 Insurance?

An SR-22, or Financial Responsibility Form, is a certificate of insurance issued by an insurance company that shows proof of liability insurance to the Department of Motor Vehicle (DMV). An SR-22 is a tracking device, and the insurance company that issues the SR-22 filing will notify the DMV any time the policy cancels, or is changed. An SR-22 insurance policy is normally required for reinstatement after a license has been suspended or revoked.

If you’re required to show proof of Financial Responsibility, or SR-22, to the DMV in order to have your driver’s license reinstated – your insurance card or even your insurance binder is not considered proof. An SR-22 is a separate filing by an insurance company that is sent to you directly from us to be presented. This can also be done from us directly to your State’s DMV, usually the SAME DAY and in most cases filed electronically with the State’s DMV office.

Facts About SR-22 Insurance:

  • Can be purchased whether you own a vehicle or not.
  • Can be purchased as a liability only policy on an auto, or liability plus full coverage (comprehensive and collision).
  • In many cases, SR-22 insurance needs to be kept for a period of three (3) years.
  • Can also be applied to a motorcycle policy.

Some Common Reasons Why You May Need SR-22 Filing:

  • Conviction of DUI / DWI offense
  • Exceeding the maximum allowable points on your driver’s license.
  • Failing to provide proof of liability insurance upon demand.
  • Involved in an uninsured accident.
  • Applying for a hardship license.

Do I Need To Have A SR-22?

If your driver’s license has been or was suspended, then yes, you’ll most likely need one. You are required to provide an SR-22 in order to get your license back.

Why can’t I just get the same insurance I had before my conviction?

Because your license was suspended, you will need to provide a SR-22 to prove you have insurance. Also, most insurance companies do not offer SR-22 insurance.

What are the penalties for driving without SR22 insurance?

The penalties for driving without SR22 insurance definitely vary from state to state, but some penalties that could be imposed are:

Your vehicle getting impounded and your vehicle tags seized

Additional and heavier fines may be imposed

Your license will be suspended for a longer period of time

What is non-owner SR22 insurance?

Even though you don’t own a vehicle you may still be required to carry an SR22. This is called a non-owners SR22 insurance policy. The vehicle isn’t covered by the SR22 or the non-owners policy. This type of insurance policy only covers liability up to the limits purchased. It does not cover the vehicle that you are driving, only the liability that you the driver may cause if you are involved in an accident with another motorist or cause property damage.

How long do I need SR22 auto insurance?

Expect a long relationship with your SR-22 — most likely three years — similar to a probationary period after a criminal offense. You must carry continuous insurance during the specified period of time before SR-22 status is removed. If your policy lapses or is canceled, your auto insurance company is required to notify the state immediately and your license will be suspended again.

How Will Filing An SR-22 Affect Your Auto Insurance Rates?

An SR-22 is a Financial Responsibility Form, an official statement from your auto insurance company certifying that you have liability coverage.

Drivers are typically required to file an SR-22 if they are involved in an accident or if they receive a traffic ticket and they cannot show proof that they have insurance. Some states require an SR-22 if you exceed the maximum number of points permitted on your driver’s license, or if you are convicted of a serious offense such as DUI or DWI. You may even need an SR-22 if you have a large number of unpaid fines or parking violations!

If your license has been suspended or revoked, you may need to get an SR-22 to have it reinstated. In these cases, an insurance card, or even a copy of your insurance policy, is often not enough. The state will not reinstate your license until your insurer submits an SR-22.

Each state has its own requirements concerning the amount of liability insurance that drivers must carry. If you are involved in accident, even if it is not your fault, you must be able to prove that you have adequate coverage. If you are insured for less than the minimum amount, or if you do not have liability insurance at all, you will be required to purchase insurance or increase your coverage. Then your insurance company may have to submit an SR-22.

When a company submits an SR-22 for a customer, it must notify the state if coverage lapses for any reason. Typically, this requirement stays in effect for three years. After that, the company is no longer required to inform the state about changes in your coverage.

An SR-22 requirement is likely to increase the amount you pay for insurance. The amount of the increase will depend on the reason for the requirement. If you have been convicted of a serious offense such as DUI or DWI, your rates will increase significantly. Your insurer may even cancel your policy and you will have to buy non-standard insurance, at a higher rate, from a company that specializes in insuring high-risk drivers.

On the other hand, if your overall driving record includes no serious violations, the SR-22 requirement will have a smaller effect on your rates.

Basically, your rates will depend on your driving record, your location, and the number of years you have been driving.

As with any type of insurance, it pays to shop around. It is fairly easy to get quotes online from several companies. Just make sure that you are getting quotes on the same coverage. It might make sense to start by asking for prices on the minimum basic coverage you need for an insurer to issue an SR-22 for you.

If you pay your first premium by credit card, some insurers will issue an SR-22 immediately. This can be important because if your license has been suspended it cannot be reinstated until your insurer submits an SR-22.

 What if I move to another state?

If you currently carry an SR-22 in one state but move to another state, you must fulfill the SR-22 filing period for your former state, even though you no longer reside there. Also, your insurance policy for your new state must have liability limits which meet the minimums required by law in your former (SR-22) state. Though the SR-22 concept is similar from state to state, you always should check with your insurance company or agent to verify SR-22 specifics for your state.