{"id":656,"date":"2021-07-09T00:02:26","date_gmt":"2021-07-09T00:02:26","guid":{"rendered":"https:\/\/www.sr22adviser.com\/guidance-and-tips\/?p=656"},"modified":"2021-07-09T00:02:29","modified_gmt":"2021-07-09T00:02:29","slug":"how-does-sr-22-insurance-work","status":"publish","type":"post","link":"https:\/\/www.sr22adviser.com\/guidance-and-tips\/insurance-facts\/how-does-sr-22-insurance-work\/","title":{"rendered":"How Does SR-22 Insurance Work?"},"content":{"rendered":"
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SR-22 insurance is an insurance policy that drivers with restricted licenses must use to get their vehicles\u2019 liability coverage. It is usually classified as a \u201chigh-risk\u201d plan that comes with extra costs and restrictions.<\/p>\n

It\u2019s not easy to find an insurance carrier that provides non-standard plans like SR-22 insurance<\/a><\/strong>. This is why it\u2019s best to work with an agent to obtain multiple quotes from all the best carriers in your area. You won\u2019t waste your time calling insurance companies just to find out they can\u2019t help. Instead, get the peace of mind that an insurance agent who specializes in high-risk insurance is prepared to get you the coverage you need.<\/p>\n

If you find yourself in need of a high-risk plan for the first time, you are bound to have many questions. This article will explain how SR-22 insurance works and what your options are. When you have more choices, you can find the most competitive rates for your needs. If you\u2019re ready to make this happen, pick up the phone today and speak with one of our insurance partners<\/a><\/strong>.<\/p>\n <\/div>\r\n <\/div>\r\n <\/div>\r\n<\/div>\n\n

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What Is an SR-22<\/strong>, and Are There Other Variations of It?<\/h2>\r\n
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Though the term \u201cSR-22 insurance\u201d is commonly used, an SR-22 isn\u2019t really insurance. It\u2019s actually a document that your insurance provider must attach to your high-risk plan. The purpose of an SR-22 addendum or document is to prove that there is liability coverage on your car insurance policy.<\/p>\n

An SR-22 is also referred to as a certificate of financial responsibility. It proves that the driver is prepared to help with any costs in case of an incident since they are not driving while uninsured. Your agent will file this document when they issue you a new non-standard insurance plan. There are different variations of this document in each state.<\/p>\n

For instance, Florida and the Commonwealth of Virginia require an FR-44 for drivers with a DUI. This document carries stricter requirements, such as a minimum $100,000 liability on the policy.<\/p>\n

Meanwhile, an SR-22A is used in Georgia, Missouri, and Texas. It\u2019s typically not issued to first-time offenders but given to people who repeatedly violate traffic laws or have a history of not paying SR-22 insurance faithfully. For instance, in Texas, drivers must prepay their SR-22A insurance plans six months in advance to get the policy.<\/p>\n <\/div>\r\n <\/div>\r\n <\/div>\r\n<\/div>\n\n

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How Do You Get SR-22<\/strong> Insurance?<\/h2>\r\n
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After a traffic violation in which the driver\u2019s license is revoked or suspended,<\/a> the only way to get back on the road quickly is to apply for a restricted license. To have the vehicle covered while operating under a restricted license, the driver must have their insurance company file an SR-22, SR-22A, or FR-44 form with their state\u2019s department.<\/p>\n

While an SR-22 addendum<\/a><\/strong>\u00a0is usually associated with driving under the influence, there are many other circumstances in which drivers can be required to file one. For instance, there can be repeat traffic offenses, a suspended license for a reason besides a DUI or traffic violation, or getting into an accident without insurance. Since an SR-22 or similar document holds the driver financially accountable with liability insurance, it serves multiple functions.<\/p>\n

It will be clear when you need to get one. After one of these incidents, you will be ordered to file for an SR-22. To get started, you must inform your current insurance provider. Though your carrier may be able to offer you a plan, it\u2019s possible you won\u2019t get the full picture of what is available to you.<\/p>\n

Shopping with an SR-22 agent<\/a> <\/strong>will put you at an advantage. Not only will you be able to see multiple quotes from different carriers simultaneously, but you get to talk to a professional who specializes in cases just like yours.<\/p>\n

An expert will know what you should look for and what types of plans could protect you the best. Don\u2019t just settle for your state\u2019s minimum liability requirements, but speak to an agent first to see what your money can really get you.<\/p>\n <\/div>\r\n <\/div>\r\n <\/div>\r\n<\/div>\n\n

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How Much More Does an SR-22<\/strong> Policy Cost Than Standard Insurance?<\/h2>\r\n
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To get the most accurate estimate of how much more you\u2019d pay for a plan with an SR-22, you should talk to an insurance agent. Many factors influence your high-risk insurance premium, such as your age, location, marital status, driving history, and why you were ordered to get an SR-22.<\/p>\n

These criteria, along with the loss of a \u201cgood driver discount\u201d for a set number of years, will inevitably make the cost of your SR-22 insurance premium higher than a standard plan. Typically, a high-risk policy can cost around $230 a month or $2,760 a year. However, each state has its own cost of living that can affect insurance rates. For instance, in California, the average SR-22 plan can cost around $3,920 per year.<\/p>\n

The only way to be sure you get the most competitive quote with the best liability coverage per cost is to compare as many quotes from reputable insurance carriers. Getting help from insurance pros will streamline the SR-22 document filing process.<\/p>\n <\/div>\r\n <\/div>\r\n <\/div>\r\n<\/div>\n\n

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Find Cheap SR-22 Auto Insurance Quotes<\/h2>\r\n
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