Most people have little or no clue how to go about getting an SR22 insurance after getting their driver’s license suspended. In fact, some haven’t even heard of an SR22 until after getting their licenses revoked due to causing a car accident without carrying insurance, had been pulled over for drunk driving, or has had too many unsettled traffic tickets. If you are in a similar situation, here are some very important information if you need to know what is an SR22.
What Is An SR22?
This is a certification provided to the state Department of Motor Vehicles (DMV) by an authorized car insurance company. It serves as proof that someone, who has exhibited risky or unsatisfactory driving habits, carries the required levels of car insurance. In case they manage to cause an accident and a third-party incurs injuries and damages, the state wants to make sure these driver have enough financial means to pay the third-party.
Where Do I Get One?
You must find an authorized car insurance carrier to process this form for you. Most companies that offer SR22 insurance rate and coverage can easily be found on the Internet, through car insurance websites or portals. The state may also impose some administrative fees in order to facilitate the return of your license. It is very important to maintain continuous SR22 insurance coverage to avoid more severe penalties or fines in the future.
How Much Does It Cost?
This kind of coverage usually costs more due to the high-risk nature of the drivers requiring it. Every car insurance company has its own model for computing rates and the difference between carriers can be worth hundreds, or even thousands, of dollars annually The smart buyer would know to shop around and compare SR22 insurance rate quotes and offers before deciding to go with a certain company.
There are quite a number of dedicated SR22 insurance websites or portals these days. using these websites can help you find the best SR22 insurance rate and specialized provider in your area in a quick and easy manner. the best thing about this is that it wouldn’t cost you a cent to use these portals at all!