The term SR-22 insurance is deceptive because it’s not actually true coverage. So what is it? An SR-22 is a form that must be filed with your insurance provider after certain driving transgressions, such as driving under the influence, driving without insurance and causing multiple accidents within a short period of time. Essentially, this document serves as proof to the Department of Motor Vehicles that you own auto insurance.

An SR-22 is something that is added to an auto insurance policy, which means that you cannot file an SR-22 if you don’t already own coverage. It’s important to maintain your auto insurance for the full amount of time that you’re required to hold an SR-22 status. Any lapse or cancellation will result in your insurance provider notifying the DMV, which may lead to a license suspension until compliance is once again met.

Filing an SR-22 form often requires you to pay an affordable flat fee, but as a result, your auto insurance rates are likely to increase due to your new high-risk status. How big of an increase you’ll see will depend on your driving record, with fewer infractions leading to smaller rate hikes. However, once your SR-22 requirement is fulfilled, you may once again be eligible for lower rates.

Have you been notified that you must file for SR-22 insurance? Your independent insurance agent can assist you through the process and help you find the best deal on auto insurance available to high-risk drivers. Give us a call today.

Disclaimer: The information provided in this blog is for general informational purposes only. Insurance coverages, requirements, pricing, and availability may vary based on individual circumstances, business type, state regulations, and insurance carrier guidelines. This content should not be considered legal, financial, or professional advice. For specific coverage recommendations and personalized quotes, please contact TIA – Texas Insurance Agency directly at gettia.com/contact.