SR22 Insurance Comparison

SR22 insurance comparison will make sure you are getting the best rate you can for your auto insurance needs. This is a type of bond auto insurance that is typically required for higher risk drivers and provides the minimum liability coverage required by law in that state.  It makes sure that the operator of the vehicle is covered in case an incident occurs.  

Anybody can request SR22 coverage, but it's mostly used by the office of motor vehicles and most judges in DUI cases, along with at-fault accidents, license suspensions and insurance lapses.  Getting an SR22 insurance comparison is the right thing to do in this situation.

Purpose - The purpose of the SR22 is to provide drivers with the minimum amount of liability protection coverage in accordance with the laws of the state.  In turn, the SR22 is usually meant for motorists who are labeled high risk by the bureau of motor vehicles of the state, the courts or an individual insurance company.  An SR22 is often required by law after numerous accidents, at-fault accidents, driving without a license, driving without insurance or a DUI conviction.

An SR22 insurance comparison can't hurt, as it will allow you to see what the best rate is for you situation.

How Much Coverage with SR22?

As with most of the insurance guidelines, the SR22 coverage varies, depending on which state you reside in.  In general, the state’s minimum liability protection is at least $15,000 for bodily injury, $30,000 for every accident and $10,000 for any property damage as a result of the accident.  

Most states mandate this coverage for three years.  As well, the SR22 rates will be higher than normal auto insurance rates.  This makes sense because with this label you are considered a high risk driver.  In this situation, it makes even more sense to make an SR22 insurance comparison because it's highly important that you make sure you find the best rate out there, even though you are paying a little more than a low risk driver.  

Process - If an SR22 has been ordered by the court of the state or the DMV, a copy of the documents is filed with the state that issued it.  There must also be proof of auto insurance coverage by the motorist in the vehicle.  If the auto insurance coverage lapses for any reason, such as expiration or non-payment, most of the states will require that the insurance company let them know.  This will lead to an immediate suspension of the license.

By taking a few minutes to do an SR22 insurance comparison, you will be confident that you are making the best choices for you.

Claim Rules - An SR22 is not the same as having comprehensive auto insurance coverage.  When making a claim, the bond makes certain the other driver in the accident is covered, to the policy limits.  Damages or lost property to the SR22 holder's vehicle are not covered at all.  

So it really is a risk if you are just paying for the basic liability coverage with you SR22 rating. You may want to consider paying a little more for better coverage.

Premiums - As with each and every auto insurance policy, the premiums are based on numerous factors.  Some of them are where you live, what type of vehicle you are driving, your age, your credit score and, of course, your driving record.  

The premiums for a driver with an SR22 rating will be higher than a 'normal' driver, generally at least double the cost.  This is expected because as SR22 driver is considered high risk, and high risk equates to more money in the insurance world!  

Of course an SR22 insurance comparison is a great way to get your auto insurance rates a little bit lower.  Remember that rates are affected by the nature of the infractions and the record of the driver, along with the amount of coverage and often the person's credit report.  

It is so very important to make sure you obey all traffic laws, avoid accidents and ensure you have the proper auto insurance coverage.  In a perfect world, this would be the case for everybody. Of course it's not, and circumstances may arise that result in you needing an SR22 to legally drive.  Think of it as a second chance to drive.  Remember that driving is a privilege, not a right.  

A suspended license is serious and should not be taken lightly.  Most of us depend on our license to get to work and to function in everyday life.  Life is costly enough, and you don't want to spend more money on car insurance than necessary.  

Take a few minutes to do an SR22 insurance comparison and make sure that you are making the best of your situation, and that includes getting the best rate for your SR22 rated auto insurance policy.

SR22 Insurance Quotes

State Insurance Information