Why Do I Need SR22 Car Insurance?
Are you looking at a notice that states you need a SR22 form filed when you purchase car insurance? Most likely the notice is from the state in which you reside or the department of motor vehicles. Why you are receiving such a message is actually quite simple. It is part of a penalty you received in regards to a traffic violation you recently were found guilty.
Possible Traffic Violations Associated With SR22 Filing
A SR22 filing is really a fairly painless penalty. It is not difficult to get the filing added onto a new or existing car insurance policy. And even better the actual filing is inexpensive. Unfortunately, most likely you are considered a high risk driver and high risk drivers do pay the highest car insurance rates.
Look for ways to save by talking to your insurance agent. A "discount double check" is good for all drivers after every couple of years. The most effective ways to save include improving your driving record, improving your credit score, and raising your deductibles. The very best way to save though is to reduce your coverage to liability only, meaning no comprehensive or collision coverage. Sometimes this might require selling your newer car and purchasing and older one. Living within your means is one of the best things you can do for yourself and your family.
Trying to stretch your budget further than what it is capable of will only get you into trouble. And, letting your car insurance cancel is not an option when you have an SR22 filing.
How Long Will I Need SR22 Car Insurance?
Well, the length of time you are required to carry a SR22 filing is going to depend on the violation which triggered the required filing. Whether or not you keep your car insurance policy active is also going to play a huge role in how long you need the filing. Plan on anywhere from three to five years with drinking and driving requiring the longest length of time. Check your paperwork or ask the department of motor vehicles directly to determine you exact length of time.
Once you no longer need the filing, inform your car insurance carrier immediately. Getting the filing removed is not all that important, but you might be eligible to switch car insurance carriers to get a cheaper rate or discounts might be added to your policy once the filing is removed.
Importance of SR22 Filing
Keeping your SR22 car insurance policy active is very important. Your driver's license is at risk if you choose to let it cancel along with a slew of other penalties. Car insurance should always be considered a high priority when it comes to your bills. Definitely let the cable and internet cancel before letting your car insurance go. The cost to get it reinstated and potential loss in case of an accident is way to high.
Everything You Need To Know About SR22 Filings
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