Reasons For the Need of SR-22 Insurance Denver
If you have been convicted of a driving violation, you may be required to obtain SR-22 insurance from your auto insurance company. However, some insurers do not offer this type of coverage. If this is the case, you must buy your own SR-22 insurance policy. Purchasing this insurance will require you to pay the premium in full. In return, the company will file your SR-22 form with the state traffic authorities.
Filing for SR-22 insurance is easy and generally inexpensive. Most car insurance companies charge between $15 and $35 for the filing fee. The insurance policy itself is likely to cost you at least $100. Moreover, you will have to pay a fee to reinstate your driver’s license, which can range from $100 to $300.
If you have been convicted of a DUI, you will have to pay a higher premium than an average driver. However, there is good news: you can shop around for an affordable SR-22 insurance policy. The Internet makes it easy to get multiple quotes from various insurers. Besides, you can also use an independent insurance agent to get the best rate possible.
The most common reason why a driver needs to get SR-22 insurance is because they have been convicted of driving under the influence of drugs or alcohol. However, reckless driving is another reason for requiring this type of insurance. Some of these behaviors include speeding and disregarding road signs. The insurance provider must ensure that the driver has the required auto insurance coverage before they can allow the driver back on the road.
Getting SR-22 insurance is not difficult, but it does take time. Make sure you take the time to complete this process carefully. A bad decision can cost you a lot of money, time, and convenience. Besides, your license is at risk of suspension if you don’t have proper auto insurance coverage.
While some states don’t require SR-22 filing, most do require proof of insurance coverage and liability limits. You may also have to obtain a SR-22 form if you move to another state. In this case, you’ll need to obtain an SR-22 form from your new insurer. Your insurance provider will send your form to the DMV. The SR-22 is a mandatory requirement in your new state.
When you obtain SR-22 insurance, it is important to keep it current for at least three years. If you don’t keep your policy current, your insurance provider can raise your rates. Moreover, the insurance company will be unable to file your SR-22 for you if you decide to cancel it. It’s also important to remember that the DMV will keep the form on file for three years, but you don’t have to file it every year.
Non-owner drivers may need to file SR-22 insurance if they drive a rented or borrowed vehicle. This type of insurance will protect your financial interests if you are involved in an accident while driving a rented or borrowed car. It also helps prevent gaps in your coverage, which can lead to increased risk to insurance companies. Therefore, non-owner drivers are more likely to qualify for better insurance rates after completing their SR-22 requirement.
Another option for high-risk drivers is to use an online insurance comparison website. This website will offer quotes from multiple companies and help you choose the best policy for you. This site is a legitimate broker, so you can rest assured that it is safe and secure. It also offers many types of car insurance, from basic auto insurance to uninsured motorist coverage.
In addition to ensuring that you have adequate coverage, SR-22 insurance can help you avoid the high cost of a DUI conviction. A conviction for driving-related offenses such as DUI can raise your insurance rates by up to 116%. Moreover, your license may be suspended if you’re caught driving without this insurance.