One of the most common points of confusion surrounding SR22 insurance is that it’s completely different than traditional auto insurance. The truth is that SR22 insurance is a form of auto insurance and those with SR22 insurance can often simply continue with their policy once the SR22 requirement is met.
Why do I require SR22 insurance?
If you have been convicted of a serious driving offense such as a DUI or dangerous driving, you might be told by the state driving authority that you require a basic level of liability coverage. SR22 is simply a monitoring system that tracks those convicted of specific driving offenses and provides basic liability coverage for other drivers involved in accidents with an SR22-covered driver.
Can SR22 insurance providers offer cheap coverage?
Yes, many companies offering SR22 insurance to drivers can help their clients reduce the full cost of their coverage. Companies such as SR22 Bond of Ohio exist within the regular insurance marketplace and we can negotiate rates for our clients directly with coverage providers. This ensures our clients achieve full value for their investment in SR22 insurance and that they remain covered even after their SR22 insurance requirement has been fulfilled.
How can I avoid a rise in premiums?
In order to maintain your cheap SR22 rate, you should certify that your insurance is paid on time each month and that your account with your insurance company remains in good standing. You should be communicative with your insurance firm and make sure that you respond quickly to any formal letters requiring more information from you. By following the rules and working closely with your insurance provider, you make significant savings on your SR22 insurance.
Our trusted and experienced team at SR22 Bond of Ohio is committed to helping you save on SR22 insurance. We offer affordable rates and quick responses to rate quotes. To learn more about our company and our services, call us today.