When you get behind the wheel, you can drive reassured that you’re backed by an insurance policy. In addition to standard auto policies, SR-22 insurance allows high-risk drivers to maintain their mode of transportation. If you’re unfamiliar with this policy and its benefits, take a look at these frequently asked questions.
What You Should Know About SR-22 Insurance
What is SR-22 insurance?
SR-22 isn’t actually a type of insurance at all. Instead, it’s a certificate of financial responsibility, or proof of insurance. When you present it to the state, you are promising to continue paying for the minimum amount of car insurance they require.
Why would I need it?
This certificate is often required of drivers who have been caught driving without the necessary insurance requirements. However, the BMV may also direct you to get SR-22 insurance if you are considered a high-risk driver. For example, you might have too many points on your driver’s license, been convicted of a DUI, or caused injuries in a car accident.
What are the benefits?
In many of the cases above, your license may have been revoked or suspended. To get it reinstated, the BMV will likely require you to file an SR-22. This insurance is also crucial if you are dropped from your current policy due to becoming a high-risk driver, as it will prevent you from a lapse in coverage.
For how long do I need it?
In most cases, you’ll have to file SR-22 insurance for three years. After that time, you will no longer be considered a high-risk driver and can switch back to your standard car insurance.
If the BMV has required you to obtain SR-22 insurance, contact Bob Shropshire Bail Bonds of Cincinnati, OH. They are proud to help individuals work through unfortunate situations, whether they need to make bail or reinstate their license. With 24-hour bail bond service, you can trust their staff to be there whenever you need assistance. To learn more about their services, visit the website or call (513) 721-3915.