An SR-22 is a form that proves you have secured appropriate personal auto liability insurance, which may be required by your state Department of Motor Vehicles. These are also known as filings, bonds, forms, certificates of insurance, certificates of financial responsibility (CFR), or simply referred to as SR-22s. Liability insurance is the part of an auto insurance policy that provides coverage for property damage or bodily injury that you are responsible for. Most drivers won’t need to have SR-22 filings, but those who are considered high-risk might need to take this extra step. Each state has its own requirements and filings may be required in multiple states under certain circumstances.
Most drivers with clean records and no traffic violations will not be considered high-risk or subject to SR-22 requirements. There are multiple reasons a person may find themselves in this situation. These include:
There are three different kinds of SR-22 filings. One is for owners or people who own and operate their own personal vehicle. One is for operators, which is for those who don’t own a car but sometimes rent or borrow one. Finally, there is an owner/operator filing, which is for those who own their own car but sometimes rent or borrow another.
The cost of an SR-22 will vary from state to state. In some cases, there may be a filing fee that is added to your auto insurance policy premium. Another potential cost to keep in mind is that your driving record may sometimes affect your premium. If you’re deemed high-risk, an insurance company could charge a higher rate.
Not all auto insurance carriers will offer SR-22 filings or provide insurance to high-risk drivers. If you need help filing an SR-22, we can help. Contact us to learn more.
6851 NE Loop 820, Suite 220
North Richland Hills, TX 76180
6851 NE Loop 820, Suite 220
North Richland Hills, TX 76180
1750 E Southlake Blvd Ste 100
Southlake, TX 76092
At Lone Star BEST Insurance, we know that choosing an insurance plan can feel overwhelming. Our mission is to help you feel comfortable and knowledgeable and to help you find plans that meet your needs!
We are licensed in Texas, Arizona and New Mexico.