SR-22 insurance is a certificate of financial responsibility required by certain states for high-risk drivers. It proves that you have the minimum required liability insurance coverage. Typically, it's needed after serious violations like DUIs, major accidents, or driving without insurance.
Here’s what you need to know:
1. Not Insurance Itself: An SR-22 is not a type of insurance; rather, it's a form that your insurance provider files with the state on your behalf.
2. Duration: States usually require the SR-22 to be maintained for a specified period, often three years, but this can vary.
3. Costs: You may face higher premiums due to your high-risk status. The cost will depend on various factors, including your driving history and the state you’re in.
4. State Variations: Not all states require an SR-22; some use similar forms like an FR-44. Check your state’s specific requirements.
5. Maintaining Coverage: If your insurance lapses during the SR-22 period, your insurer must notify the state, which could lead to further penalties.
If you’re considering getting SR-22 insurance, it’s best to shop around and compare quotes from different providers. Let the agents at All American Insurance help you find the best SR-22 insurance to fit your needs.