Do you have questions about SR22 insurance? If so you wouldn’t be alone! This type of insurance is typically something you only hear about once you actually need it. You will be informed by the DMV that you need to file for the certificate of financial responsibility if you have committed certain driving offences. Here you’ll find the answers to some of the most commonly asked questions regarding SR22 insurance in Ohio.
Q1. What is SR22 insurance?
There is some confusion as to what SR22 insurance actually is. Because of what it’s called, it gives you the impression that it is an actual policy. It isn’t. What it actually is, is a certificate of financial responsibility. You file for the SR22 and you receive a document which basically shows you are paying the right amount for your insurance policy.
Q2: Where can I get it?
You cannot get this type of cover from just any insurer. In fact, your existing car insurer might not be SR22 registered. This means you would need to switch insurers to one that does.
Q3: What does it cost?
SR22 insurance in Ohio varies significantly in cost. There are a number of factors that affect your insurance rates. These include your age, driving record and the offence you were charged with. Different insurers will also offer different prices.
Q3) How long will I need it?
The majority of people need to have this insurance for three years. However, it all depends upon the offence you was charged with. You could end up having to take out SR22 insurance for up to five years.
These are the most common questions people have when they are informed they need a certificate of financial responsibility. It is recommended that you compare as many different quotes as you can. You may find some insurers won’t cover you at all. This is because you are now seen as a high risk driver. However, if you shop around you should be able to find a good deal.