What is SR22 Insurance?

SR22 insurance is a special type of auto insurance required in certain situations, particularly for high-risk drivers. Technically, it’s not insurance itself; rather, it’s a certificate of financial responsibility issued by your auto insurance provider. This certificate of insurance serves as proof that the individual is carrying the required amount of liability coverage.

Why Do You Need SR22 Insurance in Tennessee?

Drivers may be required to file an SR22 certificate with the Department of Safety and Homeland Security due to various reasons in Tennessee. These reasons include:

1. Driving under the influence (DUI) or driving while intoxicated (DWI) convictions
2. Driving without a valid license or insurance coverage
3. Serious traffic offenses resulting in multiple convictions
4. At-fault accidents while uninsured
5. Not paying court-ordered child support

How to Get SR22 Insurance in Tennessee

If you are required to obtain SR22 insurance, follow these steps:

1. Contact your auto insurance provider: Your current auto insurance company may offer SR22 policies. If not, you will need to find an insurer that does.

2. Purchase the required coverage: When obtaining an SR22 policy, you must carry at least the minimum liability coverage required by the state of Tennessee:

– $25,000 for bodily injury or death per person
– $50,000 for bodily injury or death per accident
– $15,000 for property damage per accident

3. File the SR22 form: Once you’ve acquired the policy, your insurer will file the SR22 form on your behalf with the Tennessee Department of Safety and Homeland Security.

4. Pay any necessary fees: There may be filing fees associated with securing your SR22 certificate.

5. Maintain continuous coverage: It’s crucial to maintain continuous coverage throughout your required SR22 period to avoid additional penalties or fines.

How Long Do You Need SR22 Insurance in Tennessee?

In Tennessee, most drivers are required to maintain SR22 insurance for a period of three years. However, the specific length may vary depending on the nature of the offense and any additional convictions.

What Happens If Your SR22 Insurance Lapses?

If your SR22 coverage lapses for any reason, your insurance provider is required by law to notify the state. This could result in your driver’s license being suspended, incurring fines, or having to restart your SR22 filing period.

How Much Does SR22 Insurance Cost?

SR22 insurance rates can vary depending on factors such as your location, age, driving history, and the insurance provider. It is typically more expensive than a regular auto insurance policy because it’s designed to cover high-risk drivers. In addition to increased premiums, filing fees and other related charges may contribute to overall costs.

Conclusion

SR22 insurance is an essential requirement for high-risk drivers in Tennessee who need to prove financial responsibility. It’s imperative to choose the right insurer and maintain continuous coverage throughout the required period to avoid further legal consequences. By understanding the process and requirements for obtaining SR22 insurance, you can recover from a past driving incident and eventually regain your standard auto insurance coverage.