SR-22 Insurance Document
What is a SR-22 Insurance Document?
Each state department uses an SR-22 to ensure that drivers meet the minimum auto-liability insurance requirements. It is mostly required for drivers who were into trouble like road accident and drunk driving. It is an essential document that proves that the individual is financially responsible, and he has an auto-insurance to drive a vehicle. Some states call it FR-44 or SR-22 Bond, while some refer it as Certificate of Financial Responsibility. It is not a type of insurance, but rather a document that serves as a proof that you are appropriately insured.
You need to file an SR-22 as ordered by the court. The judge will then notify you to attend a hearing at the specified schedule. However, if it is requested by the state, the Department of Motor Vehicles/Bureau of Motor Vehicles will notify you via email or letter that you need to file. Then, you need to inform your auto insurance company to fill out the SR-22 form. You may just add the SR-22 to the existing policy if you already have auto insurance. If you don’t have one, then you must buy a policy. Take note that not all auto insurance company offers an SR-22, so make sure that they have it before requesting a quote. If so, they should then submit the completed document to the appropriate authority to prove that you have insurance. You will also receive a copy of the form.
Who is required to file an SR-22?
Keep in mind that not all citizens need it. Depending on the state, you may be required to file an SR-22 when:
- You have been proven to be driving while intoxicated;
- You have been involved in an accident but couldn’t show financial responsibility through insurance;
- You are not paying child support as ordered by the court;
- You were caught for repetitive traffic or serious offenses;
- Your license was previously suspended or revoked.
How does the SR-22 works?
The regulations for acquiring an SR-22 varies by state, but there are general guidelines to follow.
You have to show an SR-22 with continuous coverage of three years, while it may take longer on some states. It is also an imperative that your insurance company must notify the state whenever your policy has expired. Your license will be temporarily suspended until you have fulfilled the entire process of reinstating the car insurance.
Strict compliance with these rules is crucial to prevent the suspension of your license. Once you are required to file an SR-22, you must carry this document with you for three years or more when you drive. Make sure that you are aware of how long you need to maintain it and you understand the obligations associated with it.
Since the regulations of SR-22 vary by state, take note that you need to file an SR-22 again when you transfer to another state. You may also be required to modify the insurance policy to ensure that you maintain your eligibility even when you move.