3 Things To Keep In Mind When You've Been Ordered To File An SR-22

Posted on: 25 June 2018

If you have been ordered by the courts to file an SR-22, which is proof of car insurance, then you could be unsure of what to think about the whole situation. There is a lot of misinformation out there, but make sure that you keep these things in mind:

1. It is Important Not to Ignore This Obligation

For one thing, it is important not to ignore this obligation, even if you are tempted to do so. With all of the technology that state governments have nowadays, it will be very easy for them to find out if you aren't keeping up with your SR-22 filing as you are supposed to. If you fail to do so, you could face fines, loss of your driver's license, and more, depending on the state that you live in. Therefore, taking this situation seriously is very important.

2. Some Insurance Companies are More Forgiving Than Others

Next, it's important to understand that some insurance companies are much more forgiving than others when it comes to an SR-22. Some insurance companies will actually drop people from their insurance plans if they are required to file an SR-22; others charge expensive rates. If you have found yourself dealing with these things, however, you should not give up hope. Instead, you could consider shopping around for new insurance providers. There are some companies out there that regularly work with people who have to deal with a court-ordered SR-22 filing, and some of these companies offer much more reasonable rates for these drivers than other companies do.

3. It's Possible to Reduce Insurance Costs in Other Ways

Lastly, even if you have found that your insurance is going to go up because of your SR-22 filing, you shouldn't assume that there isn't anything that you can do about it. By talking to your insurance agent and adjusting your coverage, you might find that you can make other changes so that you can keep your premiums at a rate that you can afford. For example, raising your deductibles can be one good option for doing this, as is dropping some of the extra coverage that you may have but don't need.

If you keep these things in mind during the period in which you are required to have an SR-22 filing with your insurance company, then you might find that it's not as difficult as you thought it would be.


Little-known Insurance Tips

While I have had auto insurance ever since I bought my first car at 16 years old and home insurance ever since I bought my first home several years ago, I have to admit that over the years I knew very little about insurance. I tended to just look at the price of the coverage and sign the paperwork without really looking into the pros and cons of each policy. After my friend was in a car accident recently (thankfully, she is okay!) and she said she had to pay for some of the damage to the other vehicle out-of-pocket even though she had a minimum state coverage auto insurance policy, I decided to put a lot of careful research into insurance policies and what they really offer. I want to help others by sharing the information I have learned on a blog. I hope I can help you!