An SR-22 is a form given by your auto insurer to your state’s DMV to prove that you carry sufficient liability coverage. You can only get the form from the insurer through which you’ve bought a policy, and in most cases it’s filed electronically. Here, we will discuss the SR-22 in greater detail.
Who Needs an SR-22?
This form is not a universal requirement. Most states only require it where a driver has demonstrated insufficient responsibility with their insurance coverage or their vehicle. Below are some reasons why you may have to have st insurance in St Charles MO:
1. A past failure to have enough insurance
2. Accidents that happen while you are not insured
3. A DUI conviction
4. Reckless driving convictions
5. Traffic infractions amounting to “habitual offender” status
6. Getting your license back after a suspension
Your State’s Requirements
Every states rules on SR-22 filings are different. Some states might require it in all of the instances listed above, and some may not. States not requiring SR-22 forms are Pennsylvania, Oklahoma, North Carolina, New York, New Mexico, Minnesota, Kentucky and Delaware. The time for which you must have st insurance in St Charles MO depends on your offense and your location. Forms are required for an average of three years, but can be as long as five years.
How SR-22 Affects Your Insurance Rate
Many people believe that an SR-22 will raise their monthly premium. The form doesn’t impact your rate, but the traffic offenses for which it’s required can significantly raise your insurance expenses.
Relocation Requirements
If you move out of state while you have an SR-22 form, you may encounter difficulties. Moving from one state to another doesn’t absolve you of your responsibilities, and you are still obligated to the state requesting the form. You’ll need to keep a policy in that state, as well as in the state where you currently live. An easy way to limit your expense is to do business with a provider licensed to do business in both states.
The Cost
Traffic violations and DUI convictions can raise the rate you pay for car insurance, and your insurer may charge you extra to file the SR-22 on your behalf. The one-time fee can vary widely depending on the company you choose.
