SR22. What is an SR22? An SR-22 certificate is a document that proves a driver has the minimal amount of liability insurance required by their state. This form indicates financial responsibility, which is required for those that have had their driving privileges revoked or put on hold as a result of an accident or violation. Insurance companies file this type with the Department of Motor Vehicles (DMV) on part of motorists that require it. The cost of an SR-22 differs depending upon the insurer and state requirements, but it's generally more than normal insurance policies because it's considered high-risk insurance coverage. Drivers should preserve their SR-22 certificate for a details period, generally three years, without any type of lapses in coverage. If they fail to do so, their insurance provider will certainly alert the DMV and also might lead to license suspension or abrogation. Just how does an SR22 function? Why is an SR22 called for?
How much does an SR22 price?