When evaluating the SR22 bond options, taking the time to consider coverage levels can help you understand the market in greater detail. Our team at SR22 Bond of Ohio works with clients to help them find cheap SR22 bond coverage and here we’re offering an explanation about what’s included within an SR22 bond.
The SR22 bond is designed to cover other parties injured in an accident with an SR22-covered driver. The bond provides up to $12,500 coverage for one person and $25,000 for two people who have been injured as a result of the same accident. The bond also covers up to $7500 in property damage for which you are at fault while driving.
Does not cover your vehicle
You should note that the cheap SR22 bond does not cover your vehicle damage sustained within an accident and so you will have to buy separate coverage if you wish to cover your own personal vehicle as well as the vehicles of other drivers.
The importance of coverage
The law takes insurance coverage very seriously and if you have been told you must get a cheap SR22 bond as part of your insurance, you will be breaking the law if you don’t comply. For example, you may have your driver’s license suspended if you don’t purchase the required minimum level of cheap SR22 bond for your vehicle.
Find custom coverage options
The level of coverage provided by your cheap SR22 bond will depend primarily on working with a trusted insurance company such as our team at SR22 Bond Ohio. You’ll be required to understand the full range of coverage options provided by the company and negotiate with the company directly for a policy price that combines affordability and extensive coverage. When booking a quote with an insurance company, ensure you take the time to review the coverage options and select a policy that suits your requirements with precision. And remember to ask details about any points of confusion when comparing policies.
SR22 Bond of Ohio Is Here
Our trusted team at SR22 Bond of Ohio is now offering cheap SR22 bond options to clients throughout the area. We’ll utilize our experience in the insurance marketplace as well as our connections with the leading coverage providers to provide you an affordable quote for your SR22 coverage. To discover more about our company and the complete range of services we offer, please call us today.