Why You Should Get Your SR22 Insurance With SR22 Bond Of Ohio

Let’s start by making one thing clear: SR-22 insurance or and SR-22 Bond is not traditional automobile insurance. It is actually a bond or filing made by an insurance company to the state of Ohio that proves you have at least the minimum amount of liability required by the BMV. It is, simply put, the least expensive insurance protection allowed by the State of Ohio that allows you to legally drive here.

You need an SR-22 Insurance or SR-22 Bond for a number of reasons, the most important being guaranteed compensation for an injured party in the event of an accident due to negligence on your part. SR22 Insurance is also necessary because the State of Ohio requires all drivers to show financial responsibility.

What Does SR22 Bond Cover?

The policy covers property damage and bodily injury liabilities only. There is nor coverage for you your car or anyone in your car under any circumstance.

Why This Is Important

If you are pulled over without proof of insurance, you are in a lot of trouble, starting with a first 90-day suspension and $150 fine, followed by a year’s suspension with a $300 fine for a second offense. One more offense will lead to a two-year suspension with a $650 fine. Ohio law also requires the BMV to randomly check 5% of all vehicle owners to make sure they meet minimum financial responsibility requirements, which can lead to suspension of your driver’s license as well as your certificate of registration and license plates being impounded. This is why SR-22 insurance is something you should take very seriously.

For Help With SR22 Insurance

SR-22 Bond of Ohio, a division of Jeffery Insurance Agency, Inc., is a specialist in helping people legally drive in the State of Ohio. For more information on SR-22 Insurance, call us toll-free today at (800) 260-8866 or contact us online immediately.