Do you need to buy an SR-22 insurance plan? If so, do you know how to do this, what to look for, and when to purchase it? If this is the first time you need it, you may have a lot of questions. You can talk to an insurance agent about your questions, but you might benefit by learning three vital facts about SR-22 insurance as you begin looking for a plan.
1. You Need It Even If You Do Not Own a Vehicle
The first fact to know is that you need to buy SR-22 insurance even if you do not have a car. Many people think they only need it when they own a car and are told they need it. The truth is that it does not matter if you have a car or not. If you need SR-22 insurance to keep your driver's license, you must buy it either way. If you have a car, you will need to buy a regular auto insurance policy that comes with an SR-22 form. If you do not have a car, you can buy a non-owner SR-22 insurance plan.
2. You Need It Consecutively
The second fact to know is that you need consecutive coverage. This means that you must find out how long you need SR-22 insurance. In most cases, people need it for three years. Having coverage consecutively means that you need to keep an active policy every day for the entire duration. If you need it for three years, you cannot let the policy lapse for even one day. If you do, the time starts over when you buy a new plan.
3. You Will Face Consequences If You Do Not Buy a Plan
The third fact to know is that you will face consequences if you decide to skip buying a plan. The main consequence is the loss of your driver's license. The BMV has the authority to revoke your driver's license if you do not produce proof of SR-22 insurance by the deadline they issue. When the deadline comes and you have no policy in place, they will suspend or revoke your driving privileges. When this occurs, you might face challenges if you try to get your license back.
SR-22 insurance is a legal requirement for many people. If you need it, you must buy it. Contact an SR-22 insurance service to learn more.
Share20 September 2021
In all fifty states, it is mandatory for you to carry liability coverage on your vehicle. It's also a good idea to carry collision and comprehensive coverage. Yet, choosing the right coverage and finding it at an affordable price can be tough. You can shop online, call around, or talk to friends and find out which companies they're purchased coverage through. This website is here to tell you a little more about those processes. We know all about auto insurance, and we're excited to share that knowledge with you. After reading through this information, you'll be able to buy insurance with confidence.