When it comes to insurance, the term “SR-22” often raises questions and curiosity. If you’ve found yourself needing SR-22 insurance or are simply curious about what it entails, you’re in the right place. In this article, we’ll delve into the world of SR-22 insurance, exploring why it’s needed and how it works.
What is SR-22 Insurance?
SR-22 insurance, often referred to as a “Certificate of Financial Responsibility,” is not an insurance policy itself but rather a document that demonstrates an individual’s commitment to maintaining adequate auto insurance coverage.
This document is typically required for individuals who have been deemed high-risk drivers due to certain driving violations or convictions.
Why is SR-22 Insurance Needed?
DUI or DWI Convictions: If you’ve been convicted of driving under the influence (DUI) or driving while intoxicated (DWI), you’ll likely need SR-22 insurance to prove your financial responsibility before your driving privileges are reinstated.
Serious Traffic Violations: Serious traffic offenses such as reckless driving, excessive speeding, or causing an accident without insurance could lead to the need for an SR-22.
License Suspension or Revocation: If your driver’s license has been suspended or revoked, an SR-22 may be required to reinstate your driving privileges.
Multiple Traffic Violations: Accumulating multiple violations within a short period can label you as a high-risk driver, resulting in the requirement for SR-22 insurance.
How Does SR-22 Insurance Work?