SR-22 insurance is a certification stating that the individual holds the minimum auto insurance coverage required by the state. This form of insurance was created as an alternative for drivers who are no longer eligible to obtain necessary coverage from their previous auto insurance provider. As much as no one ever wants to find themselves in a position where they are insufficiently covered by their insurance company, it is important for drivers to know how to continue operating a vehicle according to driving laws in Ohio when this happens.
At SR-22 Bond of Ohio, we believe in educating Ohio drivers on our SR-22 car insurance so that they know when to call us and what to expect from the filing process. If you do not know how to get SR-22 car insurance in Ohio or you are looking for a cheap auto insurance option due to a high premium, continue reading our guide to obtaining cheap SR-22 insurance in Ohio.
Common Questions Regarding SR-22 Insurance in Ohio
Why do people need SR-22 insurance?
The overarching reason why many drivers in Ohio opt for SR-22 insurance is that their insurance company is no longer willing to provide them with full coverage; however, this could be due to a variety of reasons. For example, you may have a history of getting into serious car accidents, resulting in a less-than-desirable driving record in the eyes of insurance companies.
Alternatively, you may have been pulled over for committing a serious driving offense such as drunk driving, driving without insurance, or racing through a red light. Regardless of your intentions, motorists can quickly paint a negative image of their driving ability. When this information circles back to your insurance provider, there will likely be consequences. Thankfully, the state of Ohio provides SR-22 insurance as an opportunity for people with even the most unimpressive driving records to have a fresh start.
How is SR-22 insurance different from regular insurance?
SR-22 insurance may appear to be a less comprehensive version of any other insurance policy, however, there are some key differences. First of all, despite its name, SR-22 insurance often refers to an SR-22 “bond,” which is not exactly an insurance policy, but it is simply a confirmation that the driver has the coverage they need to continue driving in the state of Ohio.
Having an SR-22 bond filing immediately flags you as a high-risk motorist to other insurance providers and legal authorities. Additionally, an SR-22 bond is filed at the Ohio BMV, where it is reviewed by the government before being granted to the driver. This certificate essentially provides a recommendation from the government at the state level, acknowledging that the driver is eligible for auto insurance despite their tarnished driving record.
Once SR-22 insurance is obtained, the driver is expected to carry their certificate with them at all times while behind the wheel, or else they could be subject to a serious fine, loss of license, or suspension. As a minimal insurance certificate, SR-22 bond filings insure the individual, providing sufficient funding for bodily or property damages. However, it should not be assumed that the certification insures the vehicle itself. It is the responsibility of the driver to pay for many expenses out of pocket or combine their certification with other insurance policies to gain better coverage. Unlike a regular auto insurance policy, an SR-22 bond is only active for two years, meaning the driver may need to re-apply if they are still unable to obtain insurance without it.
Is SR-22 insurance affordable?
Finding cheap SR-22 car insurance in Ohio is not as difficult as you may think. At SR-22 Bond of Ohio, we offer our customers plenty of guidance to help them find the best option for their budget. Rates vary depending on a variety of factors, but our agents will do everything they can to find you the best price. For example, some drivers may only be eligible for an SR-22 bond, which provides even less coverage than SR-22 car insurance. In this case, the driver is only able to cover the costs of other affected parties when they are at fault for an accident. This is different from SR-22 car insurance, which covers the driver’s damages as well. SR-22 bonds alone are, therefore, extremely minimal, but they are cheaper than SR-22 car insurance. Drivers can request a free instant quote on our website to get a better sense of the expected cost for SR-22 insurance and bond filings.
How much will auto insurance cost in addition to my SR-22 bond?
If you have committed a series of driving faux pas, your premium is sure to increase. However, this does not necessarily mean that you won’t be able to afford it. With the help of an SR-22 bond and a few other factors on your side, you should be able to find a reasonable quote to help you get back on the road.
Finding cheap auto insurance will depend on your credit score, the condition and safety features in your vehicle, previous insurance rates, and other related factors. Essentially, any information that you can provide to prove you are a dependable driver with the means to compensate for any serious damages will be a great help when looking for a cheap policy.
Contact SR-22 Bond of Ohio Today
Whether you have been in multiple serious car accidents in a short period or committed a driving offense due to poor judgment, we want to help you get back on the road so that you can work on improving your driving record. SR-22 bonds and insurance policies are filed every day in our Ohio, Cleveland office and they are nothing to be ashamed of. The most important thing is that you can continue driving with confidence knowing that you comply with all of the legal guidelines in Ohio. Contact one of our agents today or request a free quote online so that we can help you get on with your life.