By understanding more about SR22 insurance you can ensure that your full range of coverage requirements are met. Our team at SR22 Bond of Ohio has significant experience in this area of the marketplace, and in this latest post, we’re highlighting the answers to common questions about SR22 insurance.
Is SR22 a form of insurance?
SR22 insurance is not a traditional form of vehicle coverage. It’s a bond filed by the insurance company to the state of Ohio showing that the person holding the policy has the minimum level of coverage. It provides you with the most affordable level of coverage available within Ohio.
Why does a person need SR22 Insurance?
You need SR22 insurance when you have experienced a driving infraction such as a DUI or driving under a suspended license. To earn your way back into the regular insurance marketplace, the state utilizes SR22 insurance.
How soon can I receive SR22 insurance?
Our service allows you to receive SR22 insurance within five minutes of calling our team. You simply consult with our team, fill out the forms and then print them in your own home. Then you’re ready to safely drive with the highest level of coverage.
What Does SR22 Cover?
SR22 insurance covers $25,000 coverage for any person injured and $50,000 for accidents in which two people were injured. The policy also provides $25,000 in vehicle damage coverage for any accident that you were considered at fault. The policy does not cover your own car or the car you were driving at the time of the accident. In addition, any damage over $75,000 is not covered and will be considered your responsibility.
What can happen if I don’t have SR22 coverage?
If you are considered a high-risk driver in Ohio as a result of your past driving record, it’s important that you choose the ideal SR22 coverage policy. You may find yourself subject to significant fines and a driver’s license suspension if you don’t obtain the insurance.
Our team at SR22 Bond of Ohio can help guide you in choosing the ideal coverage policy for your requirements. To learn more about the options available, please call our experienced team today.