SR-22 and Your Auto Insurance

April 25, 2017

sr-22 insurance carrierFew of us have a perfect driving record. And for drivers who have multiple accidents, moving violations, or those unlawfully driving without state minimum auto insurance and motorists convicted of a DUI, having to file an SR-22 form is a reality. The good news is that we can help you find the perfect SR-22 car insurance company for you.

Contrary to what you might thing, there is no such thing as SR-22 insurance. SR-22 insurance is just the name of the form, which is formally knows as the Certificate of Financial Responsibility. The SR-22 provides proof of insurance for those who engaged in high-risk behavior when behind the wheel. It’s important to know that the requirements for filing this form, how long it’s valid and other criteria vary from state to state, so be sure to check your local laws. We’ve put together some more helpful SR-22 info.

Why Should You Compare SR-22 Auto Insurance Companies?

If you need to file an SR-22, you’ve probably been placed in a higher risk bracket. And with the higher perceived risk often comes higher rates. But don’t worry, there are a number of steps you can take to bring your rates back down. You can take driver’s training classes, or maintain a clean driving record over an extended period of time.

It’s important to carefully vet a SR-22 car insurance company, especially when you’re paying a high premium. In fact, if the insurance company you have at the time of the incident that necessitates an SR-22 allows you to keep your policy – just at a higher rate – it’s still an ideal time to compare car insurance companies. While your current company may provide policies for high-risk drivers, it doesn’t mean they’ll offer the most competitive rate.

Who are the SR-22 Car Insurance Companies?

If you think that you have to turn to a car insurance provider that you’ve never heard of when you’re required to file an SR-22, think again. A number of nationally known, well-established insurance providers will still provide policies for those who have engaged in high-risk driving and need to file SR-22s. That said, there are also many agencies that specialize in non-standard or high-risk policies.

The General is one insurance company that specializes in high-risk policies. Their custom rating process could lead to lower car insurance premiums for those that filed an SR-22. SafeAuto is known for working with customers looking for the state minimum insurance.  Infinity Insurance also offers insurance for drivers who have DUIs, car accidents and moving violations on their records.

Please remember that the insurance companies providing policies to holders of form SR-22 can vary from state to state. You’ll need to compare insurance companies to be sure a specific auto insurance company will extend a policy to you.

What should you look for in SR-22 Car Insurance Company?

The actual cost of filing an SR-22 isn’t much, ranging from $15 to $50. Again, the increase costs you may face have more to do with covering the high-risk behavior behind the form: multiple violations, driving without state minimum insurance, a DUI, etc. If your policy has gone up too much, or your policyholder dropped you, it’s time to compare auto insurance rates. Your insurance company may ask for a policy to be paid up front, rather than in monthly or quarterly installments. Be sure to ask about this and any other requirements!

Filing an SR-22 may require a little extra legwork and a few extra dollars. However, with research and vetting, you’ll discover that you still have choices.

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Based on a survey of 100 California Residents. Average savings determined via a comparison of their selected policy against their self-reported annual premium.