How much does SR22 car insurance cost?

First of all, it's important to understand exactly what SR22 car insurance is and what it's not. SR22 certification is essentially a legal obligation for a car insurance company to ensure that you are continually covered for liability damages in your state. All states require financial responsibility for liability damages you may cause in a car accident. All states have minimum liability requirements and expect everyone to have this coverage. An SR22 is an insurance policy rider that is in place that requires the insurance company to notify the state when your policy renews and if you let the coverage lapse.

SR22 is not a type of insurance and doesn't have it's own cost with the exception of the small fee charged by the insurance company for SR22 certification. The certificate itself does not affect the actual premium charged by a car insurance company with the exception of a $15-$20 fee that is charged with each renewal. However, any negative events on your driving record that may have resulted in your mandatory SR22 certification will affect your rate. The important thing to remember is that the SR22 certificate is separate from the policy itself.

Some reasons for the state requiring SR22 certification includes violations and suspensions from driving uninsured, driving under the influence (DUI), failure to comply with verification requests, point suspensions and/or a court order.

The usual amount of time required for SR22 certification is 3 years from the violation that resulted in needing the rider or from the time your license is reinstated. You may be required to maintain coverage during your suspension even if you don't have a car. Non-owners SR22 insurance is available for those who require it.

Where can I find the best deal on car insurance with an SR22 rider?

If your rates have gone up after a DUI or other driving record issue , then you should definitely look around to see if you can find another insurance company that has a lower premium compared to what your currently paying. Most car insurance companies offer SR22 certification on their policies. If you are shopping for SR22 car insurance and want to compare rates, then we suggest that you compare policies and rates from several insurers. We recommend Insureme who allows you to compare several rates from dozens of major, highly rated insurers such as Met Life, Allstate, AIG, and more. They are also unique in that they include independent insurance agent quotes as well.

This should not be considered financial advice which can only be given by a qualified financial professional. We suggest you consult with a qualified financial planner and/or insurance professional who is most qualified to consult with you regarding policy decisions. Many factors are involved in your policy premium some of which may not be mentioned in this article. We are an affiliate of the Bankrate Insurance Network.

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