SR-22: 6 Things You Should Know

Let’s be honest. If you are told that you need SR-22 insurance when you are shopping for car insurance quotes, it’s not fun. We can certainly hope you don’t need to look for SR-22 insurance quotes, but it’s not as bad as you think. Many people get needlessly afraid when they need to get high risk auto insurance because they don’t truly understand it.

People wonder where to get an SR-22 insurance policy. Others want to know how to get rid of the need for an SR-22. A great number of people don’t even know what “SR-22” means!We don’t blame you for not knowing. It’s not very well-known. However, if you find out that you need to get SR-22 insurance, here are some answers to the most prominent questions regarding it.

An SR-22, which is also known as a “Statement of Responsibility” form or a “Certificate of Financial Responsibility,” isn’t technically insurance. It’s a verification that you have sufficient liability insurance to drive. Basically, it’s your car insurance company vouching for you to your state, assuring state officials that you are properly insured to legally drive.

Video link :

Well, it’s a complicated answer. You can get cheap SR-22 insurance and it usually costs around $25 for it to be filed. However, because you need an SR-22 to legally drive, most insurance companies will only offer you high risk auto insurance premiums and costs for your coverage given your driving record. Depending on your state, you might even have to pay everything in full instead of installments. It’s important to do your research and shop around to find the best offer for your budget.

Article Source: