SR22 Auto Insurance – How Expensive is SR22 Automobile Insurance?
Q: I recently had some legal troubles and was told by the judge I needed to purchase SR22 auto insurance. Can you explain what this is and how much it will cost? A: SR22 auto insurance is often required of drivers who have been convicted of driving while under the influence or of drivers who have many moving violations in a short time span. Basically it is a certified letter from your insurance carrier that you have sufficient coverage in the event you are involved in an auto accident. In some states you can avoid buying this type of policy if you can prove to the court you have sufficient private funds to cover any accident you may be involved in. The insurance company is usually required to immediately notify your states Department of Motor Vehicles if your SR22 policy lapses for any reason including nonpayment of premiums. If you move out of the state that required you to purchase coverage, you still have to carry it for the time specified by the court. If you allow your policy to l