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Benefits Of SR-22 Insurance

Many people today do not know what SR-22 insurance is because they have never needed it. You will hear some people refer to SR-22s as certificates of financial responsibility. Some people tend to think that an SR-22 is a type of car insurance, but this is not the case. An SR-22 is filed by your insurance company. Insurance companies file SR-22s to show that you are financially responsible and can cover any accident you cause. It is important to note that the only way for you to get an SR-22 is by first purchasing a car insurance policy. Getting an SR-22 is easy if you already have a car insurance coverage because all you need to do is ask them to add an SR-22 to your policy and file it with the state. It is vital that you understand not all car insurance companies can issue SR-22s, which is why you need to ask if they can before you apply for a cover.

If your current insurer does not file SR-22s, all you need to do is by a non-owner policy from another insurer. People who buy non-owner policies do so because they do not want to lose their primary insurers. Some do it because they have bundled coverage with their primary insurer.

SR-22 insurance is required for several reasons. The most common reason why people buy SR-22 insurance is for being caught driving under the influence. One is also required to file an SR-22 for breaking many traffic laws in a short period. If you are involved in an accident and do not have an insurance cover, the state requires you to buy an SR-22 insurance policy. Some people are also asked to file SR-22s when they are caught driving without having their car insurance on their vehicles. If you wish to have your driver’s license reinstated after revocation, you have to buy an SR-22 insurance cover.

SR-22 insurance covers are vital since they prevent lapses in insurance coverages. Letting your car insurance policy lapse is not good because this is what makes premium go up.

SR-22 insurance is vital if you want to keep your driver’s license. The state has the power to revoke your license should you fall into the category of high-risk drivers. People enter this category for varied reasons. If you cause a lot of accidents, break traffic laws or are caught driving while drunk, you enter the high-risk category. You will only get back on the road if you have an SR-22 insurance cover. Before you buy an SR-22 insurance policy, shop around to identify the most cost-effective.

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