SR-22 Insurance Guide: What is SR-22 Insurance and How Much Does it Cost- Part 1
SR22 is a type of coverage that guarantee’s a driver is carrying the minimum amount of insurance. Typically, SR22 insurance is required for high-risk drivers. Finding cheap SR22 insurance in Ohio is essential if you need this coverage.
Is SR22 the Same as Car Insurance?
Motorists often mistakenly believe that an SR22 is the same as an auto insurance policy. However, it’s simply a certificate of financial responsibility that your insurance provider will file on your behalf. This form is often filed electronically, as it gives the state proof of responsibility by showing you have the minimum coverage.
Why Do I Need an SR22?
Ohio requires drivers to obtain an SR22 due to various reasons. A few of the most common reasons include failure to carry liability insurance for your vehicle, being involved in an accident without insurance, or if you have a DUI/DWI. You may even need an SR22 form if you accumulate too many DMV points or if you are a habitual traffic offender.
How Can I Get an SR22 Form?
An SR22 form can be filed with an insurance company. Working with your insurance provider is a great way to acquire this coverage to ensure you can legally drive on the road. You can also reach out to your insurance company if you ever have any questions about the policy.
You will most likely need S22 coverage for at least three years. You will also need to maintain coverage the entire time without lapsing on your policy. There are three different types of SR22 forms. An owner certificate will cover the vehicles you own while an owner-operator certificate covers any vehicle you drive. A non-owner certificate will provide coverage if you don’t own a vehicle.
How Much Does SR22 Insurance Cost?
The cost of SR22 insurance varies for each person. Typically, an SR22 filing will cost around $230 per month if you have a DUI conviction. You will also need to pay a processing fee, as this can range anywhere between $15 to $50.
Need Cheap SR22 Insurance? Contact SR-22 Bond of Ohio
SR-22 Bond of Ohio specializes in SR22 insurance. Our team can help you with your needs and we work with all of the top insurance providers. Give us a call today to learn more about our services and to get a free quote!