When you’ve been involved in an accident or a serious moving violation, you may be required to obtain an SR22 bond. However, if you haven’t heard of it before you might be wondering what it is and how to obtain the best SR22 bond quotes in Ohio. That’s why SR22 Bond of Ohio has collected some important information about the process for you here.
Read on for more insight in our first of a two-part series on SR22 insurance!
What Exactly is SR22 Insurance?
If you’ve never heard of SR22 insurance before don’t worry, not a lot of people have until they’ve been required to obtain it. In simple terms, an SR22 bond is a form that demonstrates you have the minimum liability auto insurance coverage required to drive in the state of Ohio. The SR22 certificate you receive with be filed with the Ohio BMV for their records.
In Ohio, an SR22 certificate is required if you’ve been penalized on your license for previous lapses in auto insurance, as well as when you’ve been charged with a DUI. It’s also a requirement to get your license back after it’s been suspended. In many cases, you can obtain a cheap SR22 bond online by simply filling out a form online, which is then filed with your insurance company. Your insurance provider then files it with the Ohio BMV.
Common Reasons to Obtain SR22 Coverage
As mentioned above, although each case is different, there are some common reasons drivers are required to obtain SR22 coverage, one being losing their license due to a 12-point suspension at some point. There are also non-compliance and security suspensions that can be ordered by judges. In any case, if you’ve had your license suspended, to get back on the road again you’ll need to obtain SR22 insurance. It’s important that you don’t let your insurance coverage lapse during the time you have your SR22 bond as this could result in further penalties.
Factors that Affect the Price of SR22 Bonds
Although most SR22 bonds are inexpensive, there are still some individual factors that affect pricing, such as the length of time you’ve been driving, where you live and your driving history. Also, those required to obtain SR22 bonds due to DUI charges will usually pay more than those who have been asked to obtain them for other reasons.
Contact us today for the cheapest SR22 insurance in Ohio
If you’ve been required to obtain an SR22 bond in Ohio, we can make the process easy for you. Contact us online today or call (800) 260-8866. Stay tuned for our second installment about SR22 insurance on our blog page!