Every motorist needs auto insurance to cover damages that could occur from accidents. But high-risk drivers may be required to carry an additional form of protection known as SR-22 insurance. If the state you live in requires you to have this certification, it’s important to make sure you know the ins-and-outs of the process. Otherwise, you might end up putting your driving ability and finances at risk.

5 FAQ About SR-22 Insurance

What Is an SR-22?

An SR-22 is not insurance. It is a specific certification that proves that you are carrying the minimum auto insurance coverage that’s required by law. This certification must be filed directly to the state by a qualifying insurance company.  

Why Might I Need an SR-22?

SR-22 insurance is typically required for high-risk drivers. The state may determine you are a high-risk driver if you get a DUI, are involved in several accidents that result from reckless behaviors, or receive a high amount of traffic tickets.

How Will SR-22 Requirements Affect My Rates?

The fees for filing an SR-22 are minimal. However, the requirement to have SR-22 certification will likely designate you as a high-risk policyholder from your insurance company. As a result, you can expect your auto insurance premiums to go up until the required filing period has been satisfied.

It’s important to note that these rates can change depending on the provider. To make sure you’re not overspending, compare quotes from different insurance companies.   

How Long Will I Need to Have SR-22?

On average, individuals are required to file the certification for three years. However, this length can vary depending on the circumstances of your case.

What Happens If I Lapse on My Insurance?

If you lapse on your insurance payments or cancel your policy, insurance companies are required to immediately notify the state. Lapsing could cause your filing requirement to start over, as well as result in fees and possible license suspension.

For these reasons, it’s critical to make sure you make all premium payments on time. If you decide to switch insurers, start your new policy and file the new SR-22 before canceling your previous plan.

If you’ve been designated as a high-risk driver, Siemers Insurance Agency offers SR-22 coverage in Ohio, Florida, Indiana, Kentucky, North Carolina, and South Carolina. Understanding the importance of this coverage and its impact on your legal driving ability, this Cincinnati, OH, insurance agency will optimize your plan to ensure it meets state requirements. Working independently, this team will also connect you to many different providers so you can get the best rates for your situation. To learn more about their personalized coverage options, visit this local company online. For auto insurance quotes, call (513) 469-8877 to speak with a friendly agent.