If you make a mistake by getting charged with a DUI or other kind of serious traffic infraction, you may need to jump through some extra hoops when it comes to your auto insurance. In many instances, SR-22 insurance is necessary for you to stay on the road. An SR-22 form is required and provides proof that you have the minimum insurance coverage required by your state. Here's what you should know about SR-22 insurance coverage.
Where To Get It
The first thing to know about SR-22 auto insurance coverage is that it's not a type of policy; instead, it's a form you need to fill out. An SR-22 is a certificate that provides proof of financial responsibility, and it shows that you have auto insurance coverage. There are a few places where you can obtain an SR-22 form, including your Department of Motor Vehicles (DMV), Secretary of State (SOS), and even via some insurers. Where you can obtain this form will vary depending on your state of residence.
Your Rates Will Increase
If you require SR-22 car insurance coverage, you should expect higher premiums. However, it's not the SR-22 form itself leading to this increase. Rather, it's your traffic infractions causing the higher costs. Filing fees for an SR-22 form are usually around $25. However, the corresponding increase in your auto insurance costs can amount to hundreds of dollars or even upwards of $1,000. Therefore, if you are in a situation where SR-22 insurance is a necessity, expect to pay more for auto insurance for some time.
How Long You Need It
Another thing to consider when it comes to SR-22 insurance coverage is how long you will need it. The answer to that varies by state and on your offense. The good news is that you won't require SR-22 coverage forever as long as you avoid new traffic infractions. In most instances, you will need SR-22 auto insurance coverage for anywhere ranging from one to five years. Once you no longer need this type of coverage, your auto insurance rates will go back to close to normal.
SR-22 insurance is something you may need after a traffic infraction, and there are a few things you need to know. First, knowing where to get an SR-22 form is crucial. Second, if you require SR-22 car insurance, expect your rates to increase significantly while you require this type of coverage. Finally, while you won't need SR-22 insurance forever, it may be a few years before you can go without it.
To learn more, contact a company like Bill Blake Auto Insurance.
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