Most people have a hazy idea of what an SR22 insurance is. In plain English, it is a certificate that will help you to get back behind the wheels after a slip up like speeding tickets, parking fines or DUIs. Here are 5 things you need to know before getting an SR22 insurance.

What is an SR22 insurance?

The first and foremost thing you need to know is what an SR22 insurance is. This certificate, also known as the Certificate of Financial Responsibility (CFR), is a vehicle liability insurance document you need in order for the state judge to reinstate your driving privileges after certain offenses. This isn’t a type of car insurance, but verification that you’re maintaining car insurance liability coverage. It is a state-mandated certificate filed by your car insurance carrier with your state’s Department of Motor Vehicles (DMV).

Who needs an SR22 insurance?

A person who was in an accident or convicted of a traffic offense and couldn’t show financial responsibility should have an SR22 insurance. Regardless of the reason for an SR22 filing, once the requirement is issued it must be honored for the amount of time required by the state. The length of time that an SR22 must be fulfilled is defined by the state.

Why you need an SR22 insurance?

The state judge will most likely order you to get an SR22 insurance if you couldn’t show financial responsibility after an accident or a driving offense conviction. You might also need an SR22 for any of the following reasons:

• A DUI or DWI or any serious moving violation
• An accident without insurance
• A revoked or suspended license
• Repeated traffic offenses or too many tickets in short time period
• Accumulated recurring citations for speeding or illegal parking

How much does an SR22 insurance cost?

You might think an SR22 will burn a hole in your wallet! It is a valid concern after a major infraction. The good news is, it’s not that expensive. Although it differs from state to state, the SR22 filing costs usually around $15 to $25. Keep in mind that you first need to have a car insurance policy before filing an SR22.

How to get an SR 22 insurance?

To obtain an SR22, you will need to go through your car insurance provider. Only an insurance company that is filed with the state can issue SR22s. In case you move from one state to another, you will need to fulfill the SR22 requirements for your former state, and your new liability limits will need to meet the minimums required by law in your former state.

Remember, most states require drivers to carry an SR22 for 3 years. So as long as your insurance policy is active, your SR22 should stay valid. But if your insurance lapses or cancels, your license will be suspended because your insurer is obligated to notify the DMV.