SR-22 insurance is suited to high-risk motorists attempting to rebuild their driving records after one or more infractions. Understanding the basics is imperative if you’re required to have SR-22 in place. The following information explains why you might need this coverage and what it can do.
Understanding SR-22 Insurance Coverage
Who Needs This Type of Insurance?
While circumstances can vary, people with DUI convictions, those caught driving uninsured, and people involved in serious accidents are often obligated to get SR-22 coverage. You may also need this coverage if you acquired numerous points against your license through multiple traffic violations.
What Does It Cover?
SR-22s are actually certificates of financial responsibility that state you have the minimum amount of auto insurance coverage per state laws. In Tennessee, drivers must have bodily injury coverage totaling $25,000 per person/$50,000 per accident and $15,000 per accident for property damage. Additionally, the state also requires uninsured motorist coverage in the same amounts.
How Much Is It?
Price typically depends on the insurance company you work with. Because you’re considered a high-risk driver, it’s safe to assume that insurance costs will be greater than under normal circumstances. Also, keep in mind that not all companies issue policies to high-risk drivers.
How Long Will I Need SR-22 Insurance?
In Tennessee, SR-22s can be issued for up to five years from the date of your suspension. In some cases, they may only be applicable for three years. It typically depends on the severity of the offense and other extenuating circumstances.
Lafever Insurance Agency can help you secure SR-22 insurance to protect your driving privileges. Because they have experience working with high-risk drivers, they can provide you with all the information you need, from advice on how to file for SR-22 to finding an affordable insurance policy. They also offer other products, including mobile home and motorcycle insurance. If you need high-risk coverage in Cookeville, TN, be sure to call (931) 526-3377 to speak with an agent.