3 Facts You Should Know About Your SR-22...Before You Get It

Insurance Blog

If you have recently been caught driving without the amount and type of car insurance required by the state in which you live for all drivers, you might find that in order to retain your driving privileges, you must work with your insurance company to obtain an SR-22. Although the SR-22 is often referred to as a specific type of insurance policy, it is actually the proof of your insured status that must be submitted by your insurance company to the courts in order for you to maintain or regain your legal right to drive. In addition, it is also a good idea to be aware of the specific rules that could impact your situation, that you will be expected to comply with as long as you have the SR-22. Therefore, the following information will be very helpful.

#1—The SR-22 Is Not Actually A Type Of Insurance

One common misconception is that an SR-22 is a new type of insurance you must take out. However, the truth is that it is merely a verification of your insured status that is provided to the state on your behalf. It is commonly required for high-risk drivers, and failing to comply with the need to consistently provide the appropriate SR-22 forms to the courts in the future can result in having your driving privileges removed.

#2—Discounts May Still Be Available

It is easy to forget that the need for an SR-22 does not mean that you are automatically ineligible for the discounts that your insurance company might offer, like the good student savings or multiple drivers savings. Even though the SR-22 addendum to an insurance policy is not available from every car insurance company, you should still consider taking a few extra minutes to consult with the different insurance companies.

The SR-22 is common enough today that you should not have trouble finding multiple companies who provide it. You may be pleasantly surprised to learn that there could be significant financial savings from one company to the next.

#3—An SR-22 Is Typically Required For Three Years...But That Could Vary

Since you will be responsible for making sure that the state consistently receives the SR-22 documentation on time in the future, it is a good idea to verify how long you will need to maintain that coverage. While the average is three years, your experience could be more or less. In addition, this would also be a good time to see if there is any type of grace period after the due date for that SR-22 to arrive at the appropriate office.

In conclusion, an SR-22 is often required by the courts in order to reacquire or preserve your driver's license. As a result, it will behoove you to be aware of the facts listed above. Click here for more info about the SR-22.


3 October 2016

Auto Insurance:  Even High Risk Drivers Need It

About ten years ago, my auto insurance was cancelled. This took place after one too many accidents. I was now a high risk, and my provider was not willing to keep me on any longer. Since there was no way that I was going to get behind the wheel without coverage, I started checking out plans with high-risk insurers. Some were not all that great, but others offered benefits that were very close to my old plan. I soon found a provider who would accept my application, and I began to be a little more careful with my driving. If you are having trouble buying auto insurance, let me help. I'll tell you what to look for in a high-risk provider, and how to find the best one in your area. In no time at all, you'll be covered and ready to get back on the road again.