SR22 insurance is a special type of insurance which may be required for drivers who are viewed as high risk. These drivers may also pose an added threat to innocent drivers and pedestrians. SR22 insurance helps to provide additional protection to people who might otherwise be placed in a very difficult situation from one of these high risk drivers. There are a number of good reasons why someone may be required to obtain SR22 insurance coverage. Let’s review some of these key factors here.
The need for someone to obtain SR22 insurance coverage may be based on a number of important factors and circumstances. This can include things like:
- Being charged with a DUI or DWI infraction. The driver who drinks and drives is viewed as high risk and therefore might pose added risk to others.
- Driving a vehicle without at least a minimum amount of insurance. For those states like Illinois which requires that all vehicles be insured, this can be a very important cause for SR22 insurance coverage.
- Driving a vehicle with an expired, suspended or revoked license. This is a serious infraction and can certainly lead to the need for SR22 insurance coverage.
- Becoming involved in multiple traffic infractions or moving violations over a fairly short period of time is often cause for SR22 insurance coverage. A driver like this tends to be someone who is at high risk.
- Failure to pay child support may lead to the requirement that the driver obtain SR22 insurance coverage.
If a driver does have to obtain this type of coverage, he/she would receive proper notification. At this point the driver should contact agents or companies which can underwrite and issue this type of policy. The insurance company which issues this policy will also have to notify the state of the current status. Since someone who needs to have SR22 insurance coverage must normally keep it in force for three years, the companies involved must also report this information regularly to the state. Any changes would initiate an updated filing with the state.
If the driver with SR22 insurance coverage maintains continuous coverage for a three year period and does not become involved in any more serious problems then the need for this type of coverage usually stops following the three year period. At that point the driver can obtain more conventional car insurance at lower cost. However if the driver lets this coverage lapse there can be serious consequences. So keep the coverage in force and avoid any further problems.