SR22 insurance is a unique type of financial liability coverage that is primarily utilized when a driver has encountered certain traffic violations or offenses, such as Driving Under the Influence (DUI) or Driving While Intoxicated (DWI), and requires proof of financial responsibility to reinstate their driving privileges.
After a traffic violation, the at-fault driver may be mandated by the Department of Motor Vehicles (DMV) to obtain SR22 insurance. SR22 insurance verifies that the driver maintains the required level of auto insurance, ensuring they are financially responsible in the event of an accident.
SR22 insurance principally functions as proof of financial responsibility and does not typically provide actual insurance coverage. The coverage limits and specific requirements may vary among different states.
To acquire SR22 insurance, drivers must contact their insurance provider or an insurance agent. The insurance company will verify the driver’s eligibility and file the SR22 form with the DMV, confirming the individual’s compliance with the financial responsibility requirement.
Failure to maintain SR22 insurance may result in severe consequences, including:
It is imperative for drivers with SR22 insurance to adhere to the terms of their policy and maintain continuous coverage throughout the required period.
Despite the circumstances that necessitate SR22 insurance, it can offer the following benefits: