Insurance and SR22
Reader’s Question:
How are insurance and SR22 related? Who are the persons that need this kind of form and insurance?
Margaret
East Brunswick, NJ
There is a direct relationship between insurance and SR22 for drivers who have been convicted of multiple violations. Typically, SR22 forms are filed together with your insurance if you have been involved in a major or minor accident and have been held responsible for your actions or any convictions such as (DWI) driving while intoxicated, or violating traffic rules. It serves as proof of financial responsibility, and the insured is required by the state government to carry it within a period of three years. SR22 is not insurance, but rather a certification or proof financial responsibility.
Those insured are required to fill an SR22 form and it must be submitted to the state DMV (Department of Motor Vehicles) stating your liabilities. Whenever you are driving, you are required to carry this certificate in order to avoid hassles and citations. If one fails to comply with these requirements, then he or she will lose driving privileges. SR22 is state-specific and it depends on your state on how much the minimum liability coverage would be.
Filing term would be in a period of 3 years after suspension. During this period of time, you must maintain it in order to keep your license valid. If it expires for some reason, before the given period, you will have to renew it in order not to lose your driving privileges.