SR-22 Insurance | Everything You Need To Know
If you've been asked to get SR-22 insurance, you might be wondering what it is and how you are supposed to get it. Here's everything you need to know about SR-22 insurance, FR-44 insurance, and more.
What is SR-22 Insurance?
SR-22 insurance is a type of auto insurance that is required for high-risk drivers. If you have been involved in a serious traffic violation, such as a DUI, or if you have been caught driving without insurance, you may be required to get SR-22 insurance.
SR-22 insurance works like any other type of auto insurance. It is, however, more expensive than regular auto insurance. This is because high-risk drivers are more likely to get into accidents and file claims. Therefore, insurance companies that offer this type of coverage charge more.
How Do You Get SR-22 Insurance?
If you are court-ordered to get SR-22 insurance, your first step should be to contact your auto insurance company. Many auto insurance companies offer SR-22 insurance and can adjust your existing policy accordingly. However, if they do not, or if you do not currently have a traditional auto insurance policy, you will have to call insurance companies to find a company that offers a policy that meets your new requirements.
Once you have found an auto insurance company that offers SR-22 insurance, you will need to fill out an application and pay the necessary fees. The insurance company may request to see documentation from the court regarding your requirement for SR-22 insurance. Your application will need to be processed through an underwriting department, which may take several days. Once your application has been approved, your auto insurance company will file an SR-22 certificate with your state's Department of Motor vehicles. It is important to note that you are not a legally insured driver until the certificate is on file with your state's DMV.
What is FR-44 Insurance?
FR-44 insurance is a type of auto insurance that is required for drivers who have been convicted of DUI/DWI. It is similar to SR-22 insurance, but it has higher coverage limits, typically higher than those required by law. Additionally, drivers who are required to get FR-44 insurance typically have to maintain it for several years. After that, the court will determine if they can switch back to a traditional auto insurance policy if they have maintained a good driving record.
SR-22 insurance is a type of auto insurance that proves you have the financial means to pay for damages or injuries caused by an automobile accident. Once you have SR-22 insurance, it's important to keep up with your payments and avoid lapses in coverage. Contact your auto insurer today, and they will be able to guide you through the process of getting insured with an SR-22 or FR-44 policy.
For more information, contact a company such as Clover Insurance.