How Does SR-22 Insurance Work?

The SR-22 is a form for drivers categorized as high risk, but it doesn’t have to be a roadblock. You can secure the coverage you need by understanding how SR-22 insurance works, consulting with your agent and shopping around for the best rates.

An SR-22 is not a type of insurance but a certification used by the Department of Motor Vehicles (DMV) to ensure that specific drivers have adequate auto insurance coverage.

If you’ve received notice that you must file an SR-22 form with your local DMV, you may wonder about the types and amounts of auto insurance you must maintain to meet your state’s minimum auto liability insurance requirements.

Illinois drivers must maintain specific minimum amounts of auto liability insurance to comply with state laws. This coverage may help pay for third-party accident-related property damage and injuries you cause in an accident.

How to File SR-22

To obtain an SR-22, you must go through an auto insurance company. After purchasing a policy that meets your state’s minimum auto insurance requirements, the insurer will file the SR-22 form on your behalf with the DMV.

Drivers Who Need an SR-22

Not all drivers need an SR-22. It’s generally required for those considered high risk due to previous driving infractions. The requirements for filing an SR-22 vary by state, but you’ll typically be informed by the court or your state’s DMV if you need to file one.

Non-Owner SR-22 Insurance

Non-owner SR-22 is an option for those who don’t own a vehicle but still need to file an SR-22. This policy provides liability coverage for drivers who operate a car they don’t own, ensuring they meet the minimum insurance requirements.

SR-22 Insurance Cost

One common concern among drivers needing an SR-22 is the cost. The price of SR-22-compliant insurance can vary depending on several factors, including your driving record, age and state of residence. While filing the SR-22 typically has a nominal fee, insurance premiums can be higher because the insurance company classifies the driver as high risk.

Finding Cheap SR-22 Insurance Near Me

Shopping around for the best rates is crucial if you must file an SR-22 form. Comparing quotes from different insurance providers can help you find the most affordable option. Remember, each insurer evaluates risk differently so that premiums can vary significantly.

Contact Us

If you must file SR-22, contact Hanway Insurance in Oak Lawn, Illinois, for help evaluating options for high-risk auto insurance.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.