When you’ve been told you must purchase an SR22 bond, you can take the time to find an SR22 insurance company that will offer you the required level of service. Our team at SR22 Bond of Ohio helps clients achieve affordable SR22 coverage and within this post, we’ll explore what you should look for in an SR22 insurance company.
The length of the policies offered
When choosing an SR22 insurance company, review the length of the policies the company offers as part of their service contract. The standard coverage length for SR22 policies is three years, but the company might offer you an automatic renewal service to ensure your SR22 remains active for the years ahead.
The discount options
When you’re applying for high-risk vehicle insurance with an SR22 bond, you may find that the policies are quite expensive. Make sure you take the time to explore your full range of discount options. For example, some insurance companies will be able to offer you a senior citizen’s discount, and some may offer a discount if you insure your home and vehicles with their company. Ensure the discount has no fine print attached and work with the company to reduce your total coverage costs.
There is generally a filing fee associated with an SR22 bond. The filing fee is usually between $15 and $25. Make sure you’re comfortable with the cost of the company’s service and that you know exactly how much you will be paying with the filing fee included.
Review the experience of the firm
Does the firm have decades of experience within the SR22 insurance marketplace? Find out more about the company’s background in the industry and whether they are an established firm or are new to the local insurance industry. As part of this process, you might look for reviews online to find out more about the company and their commitment to professionalism.
Book multiple quotes
Remember to book multiple quotes when seeking out SR22 insurance. This can offer you a point of comparison and will ensure you rule out companies whose services are considered too expensive.
Our trusted and experienced team at SR22 Bond of Ohio is here to help address your SR22 questions. To discover more about our company and our background in the insurance industry, please call us today.