If you have a DUI charge or have run into serious trouble from other driving offenses, you need to SR-22 coverage to get back on the road. SR-22 car insurance is often necessary before you get your license back or to keep your license. If you still want to get around despite your legal troubles, finding the right SR-22 insurance services is crucial. Here are three things that you may not know about SR-22 coverage.
It's Not An Insurance Policy
The first thing that you may not know about SR-22 insurance is that it's not an insurance policy. An SR-22 is a certificate required by the state that verifies that you carry the minimum amount of liability coverage. This form is also referred to as a certificate of financial responsibility, and it indicates that you are covered in the event of an accident. If you do not maintain your coverage, your insurance company will let the state know, something that may lead to some serious consequences.
It's Not Just For DUIs
While SR-22 insurance is often associated with DUI charges, there are many situations where this type of coverage may be necessary. If you have multiple traffic infractions within a short time period, are caught driving without insurance, are dealing with reckless or negligent driving charges, or have an accident while not carrying insurance, SR-22 auto insurance coverage may be required by your state. How long you need to carry SR-22 coverage will vary depending on state laws and the offenses you commit. It may be years before you do not need SR-22 insurance.
You Will Pay More
Another thing that you may not know about SR-22 insurance is that it will likely mean a spike in your premiums. The more serious your infraction, the pricier your premiums are likely to be. The impact on your car insurance costs will vary depending on the state you live in and the extent of your charges. Some insurance companies may not offer SR-22 services, meaning that you will need to seek out a new insurer. If you are shocked by your new rates, shopping around can help you find a more affordable policy.
If you require SR-22 coverage, there are a few things that you may not know. First, SR-22 is not insurance. It's a form you will need to fill out with the state. However, finding an insurance company that offers SR-22 insurance services is a necessity. Second, SR-22 may be necessary for various infractions, not just DUIs. Finally, another thing to note is that SR-22 coverage tends to cost more.