SR22 Insurance; What You Need To Know About It

Posted on: 22 April 2019

Have you recently had your driver's license suspended or revoked? If so, having your license reinstated afterward may require SR22 insurance. If this is the first time you are hearing about SR22 auto insurance, you may be wondering what it is and why it is required. Here is an overview about what you need to know about this special kind of insurance for your unique situation.

What's SR22 Insurance?

SR22 insurance is a special policy you may need to purchase if  you've lost your license due to breaking the law. While you may think that your punishment is done when the suspension period is over, know that you are still considered a risky driver due to your previous actions. The policy is essentially additional insurance that you are required to purchase due to being a risky driver. It's not something that will be required forever, but in the short term while you are getting back on the road for the first time in awhile, it will be necessary.

When Do You Need SR22 Insurance?

The need for SR22 insurance depends on your state, since it may be a requirement to reinstate your driver's license after certain incidents. For example, drunk or reckless driving is a particularly risky behavior that could require SR22 insurance. You may only need to purchase SR22 insurance for a few years while you demonstrate exemplary driving behavior.

The SR22 insurance policy may also be necessary to get insurance. Once again, the nature of your license suspension may be enough to make insurance companies weary about insuring you, and the additional policy gives them protection about potential damages they may be liable for paying out. You are essentially limiting the insurance company's risk that they take on, which makes them more likely to take on the risk of insuring you. Without insurance, you may not even be able to get your license back, depending on which state you live in, so this is crucial to the process of getting back on the road.

Part of the reason of SR22 insurance is to put an added expense on drivers, to keep them off the road and realize the seriousness of the offense. It is meant to deter future bad driving behavior and keep others safe.

Speak to your auto insurance provider for more information about SR22 insurance, since they are the ones that can help you get it.