What is a sr22 insurance and what makes it different from other types of insurance policy?  What are the best SR22 insurance companies to work with?

Patrick

Omaha, NE

SR22 insurance is basically a certificate issued by an insurance firm which removes any suspension order on one’s driving privileges. This filing gives notice to a state’s department of transportation that an individual’s insurance company has provided at least the minimum liability insurance coverage to the person which requested the filing.

Drivers suspended due to the following reasons- driving under the influence, minor moving violations, uninsured accidents, suspensions stemming from unpaid fines and parking violations, and failure to comply with laws and regulations on use of motor vehicles- are usually those in need of a sr22 insurance.

The common misconception is that sr22 insurance is a type of insurance policy. However, in reality, it is not. It is only an extra feature to traditional automobile insurance policies. Automobile insurance companies have different rates for issuing SR22 insurance certificates, although usually the bond can be given for below $20 annually. The amount is paid on top of the monthly insurance premiums charged by the automobile insurance company.

In most states in the US, drivers with violations stated above must have a copy of their insurance anytime they operate their vehicles.

Does one person with an sr22 affects the insurance rate of all the drivers in the household?

Richard

Thank you for asking Richard.

If one individual in the household is mandated to acquire and maintain an sr22, this should not affect the insurance rate and policies of other drivers within the household.

The insurance policies and rate of these other drivers will need to reflect that driver with which is required to carry an sr22 and exclude the driver. If those insurance policies will not exclude the driver and is included in the coverage then those insurance policies and rates could be affected.

If the driver does not have an SR22 on any policy, then the policy in the household will need an SR22 or financial responsibility certificate for the driver.

Goodluck!

MariCAR