What is an SR-22?
An SR-22, also known as Certificate of Financial Responsibility (CFR), is not a type of car insurance, rather verification that you are maintaining car insurance liability coverage. This certificate guarantees that the individual has obtained the required minimum limit of liability coverage. An SR-22 form is a state-mandated certificate filed by your car insurance carrier with your state's Department of Motor Vehicles.
Who needs an SR-22?
You might need an SR-22 if you had any of the following:
· A DUI or DWI
· Repeat traffic offenses
· Too many tickets in a short period of time
· An at-fault accident while driving without insurance
· A revoked or suspended license
How much does an SR-22 cost?
The cost of an SR-22 varies by state, but typically car insurance companies will charge a nominal fee of $15 to $25 for filing an SR-22 form.
How do I get an SR-22?
To acquire an SR-22, you will have to go through your car insurance provider. Only car insurance companies that are filed with the state can issue an SR-22. Once you have obtained SR-22 insurance, it must be maintained for 3 years. Also in that time, continuous coverage must be maintained. If there is a lapse or cancellation of insurance, your car insurance company is legally required to notify the DMV and your license will be suspended.
Go to the “Resources” page on our website, joneslaw.us, for links to insurance brokers that specialize in SR22 forms and insurance for DUIs. Companies that specialize in SR22's for DUI can save you hundreds of dollars.