How Does SR-22 Insurance Work?

Rates as low as $14.75/month

In this article, you’ll find everything you need

If you’ve been a driver for some time now, you’ve probably heard about SR-22 insurance, especially if you’ve had an accident or a misdemeanor charge before.

But what exactly is SR-22 insurance? How does SR-22 insurance work, and how can it help you when you need it?

In this article, we’ll discuss everything you need to know about how SR-22 insurance works.

All About SR-22 Certificate

The first thing that you have to know is that SR-22 is not an insurance policy. By itself, it doesn’t cover anything and won’t reward you or an accident victim any financial compensation.

Instead, SR-22 (also known as an FR-44 in Florida and Virginia) is attached to your existing car insurance. It’s also known as a Certificate of Financial Responsibility.

This certificate acts as proof that you have sufficient insurance to cover any accidents you may get into while you’re driving.

It’s also why SR-22 is usually only given to people who were involved in a driving incident and are now considered high-risk drivers.

High-risk drivers are typically stripped of their driving privileges. Only with an SR-22 certificate can they be allowed back on the road.

How to Get SR-22 Insurance

An SR-22 document certifies that you’re up to date on the minimum payments for your liability insurance.

This is so that if you get your temporary license, you will at least have the financial ability to pay for your liabilities.

However, the first step to having an SR-22 certificate attached to your car insurance policy is to have a policy in the first place.

Here are the two ways you can acquire your SR-22 document.

With Active Car Insurance

If you already have an active and updated policy in place, the process will be much easier for you. All you have to do is to contact your insurance provider and tell them you need an SR-22.

However, keep in mind that not all insurance providers offer this service. You may have to consider switching providers if yours doesn’t have one.

Fortunately, we do offer SR-22 here at Magnum Insurance, so if you need a reliable and affordable policy, be sure to give us a call.

Without Car Insurance

If your insurance policy has already lapsed, you need to get a new one before you can get SR-22.

The insurance premium will most likely be higher compared to the average since you’ll be considered a high-risk driver, though.

Don’t worry – here at Magnum Insurance, we offer the best policy for you at a price that you can afford. Contact us today to get a quote!

How Long Do I Need SR-22 Insurance?

This certificate will be active as long as your auto insurance policy is active.

If your insurance lapses at any point in time while you’re carrying the SR-22 certificate, your insurance providers are legally required to notify the relevant authorities.

This will get your driving privileges revoked once again, so be sure to always pay your insurance on time.

How To Get SR-22 Removed

As for how long you will be required to carry an SR-22 certificate, the policy varies by state. Some states will need you to be up to date in your insurance plan for up to six months, others three to five years. In Illinois, for instance, you’re required to carry your SR-22

However long it is, your SR-22 certificate will automatically be lifted once the term is over.

If, for some reason or situation, you don’t mind not having a license to drive, you will need to contact your provider to unsubscribe you from their insurance or simply stop payments.

Getting SR-22 Insurance with Magnum Insurance

An SR-22 certificate is important for those who need to get them. That’s why you need to make sure that your provider carries SR-22 features and is convenient and helpful.

In that respect, Magnus Insurance should be your agent of choice. We are an insurance provider with a wide variety of expertise, so we are sure that we can assist you. Contact us today for a quote!