Liability insurance coverage. After several years she expanded her insurance expertise, earning her license in health and ad and d insurance as well. U003ethere are quite a few factors that go into determining the cost of your auto insurance premiums, such as your age, driving record and the type of car you drive. Again, subsequent serious driving violations or additional dui convictions may result in longer license suspensions and sr-22 requirements. In virginia, a form for sr-22 certificate of insurance needs to be filed with the virginia department of motor vehicles to prove that the driver is financially responsible for carrying the state required minimums for auto insurance on the vehicles that they drive or own. If the dmv finds out that you cancelled your sr-22 insurance early, you could face serious consequences that include a driver's license suspension, vehicle registration suspension, and hefty fees.