Liability Sample Quote: Rating Factors

Liability Sample Quote: Insurance Rate Factors

Discounts Applied to this Liability Sample Quote:

Additional Notes: This person doesn’t have the greatest driving record and neither does their spouse who is a driver.

Disclaimer: The purpose of this page is to showcase an estimate of what insurance may cost an individual with these products and/or circumstances. This is based on a real Liability sample quote.

What is an SR-22? How do I know if I need one?

An SR-22 is a certificate of financial responsibility that is sometimes required by state authorities in the United States. It is not an insurance policy but rather a document provided by your insurance company to verify that you have the minimum required auto insurance coverage in place. SR-22 filings are typically associated with high-risk drivers or individuals who have been involved in certain driving-related incidents or violations that indicate a need for proof of financial responsibility.

You may need an SR-22 if you fall into one of the following categories:

1. DUI or DWI Conviction: If you have been convicted of driving under the influence (DUI) or driving while intoxicated (DWI), most states will require you to file an SR-22 as a condition for reinstating your driver’s license.
2. Serious Traffic Offenses: Some states may require an SR-22 if you have a history of serious traffic violations, such as reckless driving, excessive speeding, or multiple traffic offenses within a short period.
3. Driving Without Insurance: If you’ve been caught driving without insurance coverage or allowed your insurance policy to lapse, you might be required to obtain an SR-22 to prove that you now have the necessary insurance in place.
4. Accidents Without Insurance: If you were involved in an accident while uninsured, some states may mandate an SR-22 filing as part of the process to reinstate your driving privileges.
5. License Suspension or Revocation: In cases where your driver’s license has been suspended or revoked due to various infractions, you may be required to get an SR-22 to have your driving privileges reinstated.

To determine if you need an SR-22, you should:

1. Check with Your State’s DMV: Contact your state’s Department of Motor Vehicles (DMV) or equivalent agency to inquire about SR-22 requirements. They can provide specific information regarding whether you need an SR-22, the duration of the filing, and any associated fees.
2. Consult Your Insurance Provider: If you discover that you need an SR-22, contact your auto insurance provider. They will assist you in filing the necessary paperwork and may adjust your policy to meet the state’s minimum insurance requirements.

Keep in mind that SR-22 requirements and regulations can vary from one state to another, so it’s crucial to follow the guidelines provided by your state’s DMV and work closely with your insurance company to fulfill any SR-22 filing obligations. Additionally, it’s essential to maintain continuous insurance coverage throughout the SR-22 period to avoid further legal consequences. Failure to do so can result in the suspension or revocation of your driver’s license.

If you have multiple violations, it’s best to get liability only on an older vehicle just like in this liability sample quote.