What is an SR-22 Car Insurance?

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SR-22 Car Insurance

What is an SR-22 Car Insurance

“SR-22 Car Insurance” In the USA, an SR-22 is a vehicle liability insurance document required by most state DMV (Department of Motor Vehicles) offices for high-risk insurance policies. It is also known as a financial responsibility filing certificate of insurance.

A Department of Motor Vehicles may need an SR-22 from a driver to return his or her driving rights following an uninsured car accident or opinion of another traffic-related crime, such as a DUI (Driving under the influence).

An SR-22 may be needed for 3 years for a punishment of driving without insurance or driving with a suspended license and up to 5 years for a Driving under the influence (DUI).

If an SR-22 should lapse or be canceled, the insurance company is required to issue an SR-26 form, which certifies the cancellation of the policy.

Some states accept an SR-22 as an option to a deposit in cash or security as proof of financial trust. In Arizona, for example, a driver trying reinstatement under some conditions may submit an SR-22 in lieu of depositing $40,000 in cash or documents of deposit.

SR-22 Car Insurance Video

Do I Need An SR-22?

SR-22 Car Insurance

While every state has its personal demands, examples of conditions that generally require an SR-22 Insurance include the following:

  • Repeat traffic offenses or getting too many tickets in a short time period.
  • To reinstate a suspended or revoked license.
  • DUI (Driving under the influence) or DWI (Department of Motor Vehicles) or any serious moving violation.
  • At-fault accidents while driving without insurance.

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