Did you know that the risk of driving while intoxicated is higher than the risk of being in a car crash overall?
From DUIs to accidents, being a
driver carries all kinds of risks. If you get too many moving violations, your
insurance can increase. One easy insurance solution is an SR-22 form.
But what are SR-22 insurance forms?
Keep reading to learn more.
The
Basics
An SR-22 is a certificate of
insurance that proves you have the minimum amount of liability insurance
required by your state. If you have been required to get an SR-22, you probably
have a history of traffic violations or accidents, and now you are considered a
high-risk driver. Your insurance company will file the SR-22 with your state's
department of motor vehicles, and if your insurance should lapse, they will
notify the DMV, which could result in the suspension of your driver's
license.
SR-22
Insurance for High-Risk Drivers
SR-22 insurance is a type of
high-risk insurance that is typically required by state law for drivers who
have been convicted of serious traffic offenses. DUI/DWI, reckless driving,
driving without insurance, and multiple speeding tickets are some of the
most common offenses that may require an SR-22 filing. Drivers who are required
to carry SR-22 insurance must maintain it for a set period of time, usually
three years, in order to avoid having their driving privileges revoked.
Types
of SR-22 Insurance Coverage
These are a variety of SR-22
insurance plan options, each pertaining to the driver. We have:
1. Owner SR22: For people who own
and drive a car and have been convicted of a DUI or other serious traffic
offense.
2. Non owner SR22:
For drivers who do not own a vehicle but who are required to maintain SR22
insurance.
Casual Lease: For people who don’t
own a car but drive one that is leased or rented to them. If you don’t have
your own insurance, the owner or leasing company’s insurance may not cover you,
so you may be required to get a Casual Lease SR22.
Commercial: Typically required by
drivers who have been convicted of driving a commercial vehicle without the
proper insurance.
Other
Types of SR-22 Insurance Coverage
There are types of SR-22 insurance options that will protect you financially in the event of an
accident. These are:
Liability insurance: Covers damages
from accidents where you're at fault. This includes injuries to other people
and charges for property damage.
Collision insurance: covers damages
to your own vehicle, regardless of who is at fault.
Comprehensive insurance: covers
damages from non-accident-related events, such as theft, vandalism, or weather
damage.
Worth
the Peace of Mind
If you are looking for SR-22
insurance, this guide will help you understand the different types of coverage
available and hopefully help you find the best policy for your needs.
The most important thing to remember is that SR-22 insurance is a type of
financial responsibility insurance. While it will be more expensive than
regular insurance, it is worth it to have the peace of mind that you are
protected.
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