SR22 Car Insurance In SC?
Have had your driver’s license suspended or revoked?
- Some companies may charge a simple filing fee for the SR22
- Some companies will charge a surcharge point system.
- Good news? Some companies file the SR22’s for free.
People ask us, “How long do I need to carry the SR22 filing?”
The Essentials on SR22
Some people who need Car Insurance in South Carolina require something beyond the typical policy. SR22 is a unique type of policy that requires the driver to take on additional responsibilities. This kind of vehicle insurance is typically something that is needed only when a court order is issued. In most cases, the judge orders a driver to buy an SR22 Insurance policy when that driver has received a conviction for unsafe driving.
The Violations That Require SR22 Coverage
Several different violations may result in a court order for an SR22. These include: Driving While Intoxicated (DWI,) Driving Under the Influence (DUI,) driving with no insurance coverage, or having an excessive number of traffic violations in a short period.
Where to Buy an SR22 Policy
In many cases, SR22 in South Carolina can be purchased through some major insurance agency. Some insurance companies do not offer this kind of coverage, as it is deemed “high risk” insurance. However, many local insurance agents can recommend an agent that may work with high-risk clients. Many Internet-based insurance companies are now offering certificates as well.
SR22 coverage is more costly than an ordinary insurance policy. Most plans will require a larger deposit and may have considerably higher monthly premiums. However, for the person who needs coverage to stay on the road, this extra price is more than worth it. We can find the lowest cost available.
How Premiums May Differ
SR22 Insurance in South Carolina can vary widely from one person to the next regarding premiums. Some factors that may play into the ultimate price of the policy typically include:
- The overall driving record of the driver, both before and after the conviction: If the conviction were a one-time thing, the rates would be lower. If the conviction is the latest in a long string of moving violations, the cost will be higher.
- The credit score of the driver: Higher credit scores will often yield much lower rates, both with ordinary car insurance and with SR22.
- The miles driven per month or year: The fewer miles, the lower the cost will normally be.
- The location: Some areas of the U.S. have higher crime rates, and these areas usually have higher insurance rates as well.
- The type of vehicle: Vehicles with additional safety features are less costly to insure, and older cars are less expensive to insure.
- Age: People over 25 years old typically receive cheaper rates than younger drivers in many cases, something that is true with nearly all types of policies.
- Gender: Women are statistically deemed to be safer drivers, and thus often receive cheaper SR22 rates.
- Marital status: People who are married usually receive an extra discount on their vehicle insurance, as they are deemed to be more careful drivers.
All of these factors can combine to alter the price significantly. Drivers should ask their agents for any potential discounts that they may not be aware of since this insurance can be costly.
How long do I have to keep the SR22 Insurance Policies
SR22 Insurance SC, like most, has a set term. The time is usually either six months or one year for average vehicle policies. SR22 works differently because the court typically requires the certificate to be maintained for several years. DUI convictions, for example, would typically require a five-year policy in South Carolina. There can be no lapse in coverage during the entire policy. If a payment is missed or is seriously late, the coverage will become null and void. The insurance company is required by law to report any lapses in SR22 coverage to the state of South Carolina. This report, known as an SR-26, is filed with the state and the policyholder will then lose their ability to drive.
The Type of Coverage Required by Law
SR22 insurance policies must contain the following types of coverage according to the law in South Carolina.
1. $25,000 in Bodily Injury/Death for one person, per accident
2. $50,000 in Bodily Injury/Death for multiple injured people, per accident
3. $25,000 in Property Damage coverage per accident, which can be applied to various people
The amounts listed above are only minimums in liability coverage. It is up to the individual driver whether they wish to purchase additional coverage. In many cases, additional liability is recommended. If an accident is caused by the SR22-insured driver and the minimum coverage is not sufficient to pay the damages, the insured person may be subject to a lawsuit from the individual who was injured.
Proof of SR22 Coverage
South Carolina also requires all drivers to keep proof of insurance with them at all times when behind the wheel. The company will provide the certificate of insurance, and it will be valid until explicitly stated otherwise. Drivers with this type of policy are strongly encouraged to keep a copy of the coverage in their glove compartment at all times.