SR22 insurance is not an extra insurance like many people think. SR22 is a way of structuring your auto insurance policy. The assumption that SR22 insurance is not the same as car insurance is wrong.

The SR22 insurance policy is built in the same way as your regular auto insurance, but there is one more facet to the SR22 policy that does not exist in the auto policy: While your regular car insurance policy is not required to be filed with the state, your Sr22 certificate must be filed. People with troubled driving history are required to have an SR22 certificate as a proof of ‘Financial Responsibility.’

States have little differences in their definitions of the SR22 filing. In Illinois, SR22 fling is Financial Responsibility Insurance which is required in Illinois from individuals with safety responsibility suspensions, certain unsatisfied judgment suspensions, certain revocations, mandatory insurance supervisions and individuals who receive three or more convictions for mandatory insurance violations.

SR22 is a certificate of insurance that must be filed by the insurance company for a period of time ranging between 1 to 3 years, or as required by the law. If the Insured fails to maintain the insurance, then the insurance company will cancel this certificate and will inform the State, at which point the State may suspend the driving privileges of the insured through the SR26 process.

In short SR22 is not extra insurance. SR22 insurance is a a car liability policy that must be filed with the State. It has certain minimum limits which are the same limits that the state sets for regular auto policy.

Limits of SR22:

States do vary in their minimum requirements for the SR22 insurance. In the State of Illinois the SR-22 insurance must meet certain minimum liability requirements, referred to as (20/14/15). The minimum amount of coverage must be issued for a minimum of $20,000 for one person killed or injured, $40,000 for two or more people killed or injured and a maximum of $15,000 for property damage. There are higher limits, of course at higher premium.

Before You Get Your SR22:

Tips when you buy:

1. Remember that the SR22 is NOT additional auto insurance. If you have an auto policy you may ask your insurance company to ‘file’ it with the state as an SR22 filing. Some standard and preferred insurers do not offer the service, but other insurers may do without extra charges.

b. If your present insurance carrier does not offer SR22, try to get multiple quotes with and without scheduling your vehicle on the new policy. There are no specific rule as if you will save more on SR22 filing with / without scheduling your vehicle (it depends on the ZIP code where you live, you age, vehicle type, marital, driving records, etc.) The best way is to make comparison. Many agencies offer free instant quotes for car and non-owner SR22 insurance.

After You Get Your SR22:

Treating your SR22 the same way as your regular car insurance can be even more costly. While driving under a cancelled auto policy can bring very unpleasant consequences in the event of accidents, driving under a cancelled SR22 policy can be very heart aching even without an accident. When SR22 insurance get cancelled (for non payment, failure to comply with certain requirements, etc.) the insured’s driving privileges get suspended again, which my result in arresting the driver and impounding the vehicle for any routine traffic stop.

Good advice for people with SR22 filing is to pay their policy in full whenever possible, or to make sure that they pay their monthly premiums in timely manner (perhaps automatic check drafts or automatic credit card charge, or similar arrangement.) Cancellation of SR22 for non payment of monthly premium is the most common cause of cancellation. It can be avoided with proper planning.

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