Every so often someone will need a SR22 filing, also known as high-risk insurance. The SR22 is a form that is filed with the state and guarantees them that you have purchased insurance. If you should let your insurance lapse, the insurance company would promptly notify the state with a SR26 form that rescinds their SR22 form. Additionally, in Florida you may be required to carry FR44 Insurance which ensures you carry significantly higher insurance coverage minimums than the state limits.
SR22 Insurance is typically more expensive than standard auto insurance. With the exception of the SR22 form, there is no difference in the coverages that are available to you. Some insurance companies, however, may refuse to write a policy for someone who needs a SR22 filing. Additionally, your existing insurance company may cancel your insurance if you need a SR22 while you’re insured with them.
The reasons that people get a SR22 vary, but some reasons include:
- Receive a Driving Under the Influence ticket
- Too many speeding tickets
- Reckless Driving conviction
- Too many accidents
Needing SR22 insurance is not the end of the world. Your Leslie Kay’s, Inc. agent will make the process painless and most of our companies will file directly with the state. You can even often leave our offices directly with a SR22 form.
“But I don’t even own a car! Why do I need a SR22?”
This is referred to as non-owners SR22. A SR22 does not cover a vehicle, but is a form for a driver who holds a driver’s license. Each state carriers different laws, so be sure to talk to your Leslie Kay’s, Inc. agent today about what you need to do if you need a SR22 filing.