3 Things To Know About SR-22 Insurance If You Need It

No one likes receiving a notification in the mail that they now need SR-22 insurance, but you should realize that needing SR-22 insurance likely means that you will be able to keep your driver's license after you encounter a major traffic violation, such as a DUI. If purchasing an SR-22 policy is what it takes to keep driving, then you should start looking for a policy right away. As you look for one, here are three important things to understand about this type of auto insurance.

The Types of Coverage It Includes

The first thing many people do not realize is that SR-22 insurance is not even really insurance. Instead, it is just proof of insurance, and it requires the insurance company to fill out a form called an SR-22 and send it to your local DMV. Because it is not really insurance, the types of coverage the policy includes vary. You can get an SR-22 policy that offers liability-only coverage if this is what you want, but you can also get a policy that offers collision and comprehensive coverages. It is up to you what types of coverages you have with your policy.

The Reason It Costs More

Some people believe that SR-22 is a type of insurance that naturally just costs more money because of its nature, but it is important to understand that because SR-22 is not really insurance, the extra costs are not simply because you are purchasing this type of policy. The real reason it costs more is because people who need it are high-risk drivers. A person will need this after a DUI in many cases, and this is because getting a DUI makes the person a high-risk driver. People also need it after getting caught behind the wheel of a car without auto insurance, as this too makes a person a high-risk driver.

How to Purchase It

Purchasing an SR-22 policy is like buying any other type of auto insurance. You will have to call an agency and answer all the questions the agent asks you. The agent will then give you a quote for the coverage you need.

If you currently need SR-22 coverage in order to keep your driver's license, start calling around now to find a company that offers it. There are a lot of companies that do not offer it, but there are also a lot that do, and you can look for the company that offers the best coverage for the most affordable price.

For more information about SR-22 insurance, contact a company like Illinois Insurance Center Inc.

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