Does a SR22 raise your insurance rates?

In general, obtaining an SR22 filing can result in higher insurance rates. An SR22 is a document that some drivers are required to file with their insurance company to prove they have the minimum liability insurance coverage required by their state. It is often required for individuals who have been convicted of certain traffic offenses, such as driving under the influence (DUI), driving without insurance, or multiple traffic violations.

The need for an SR22 filing indicates to insurance companies that you are a high-risk driver, as it suggests a history of risky behavior or legal issues. Insurance companies typically view high-risk drivers as more likely to be involved in accidents or file claims, which leads to increased rates to compensate for that perceived risk.

The precise impact of an SR22 on your insurance rates can vary depending on several factors, including your driving history, the reason for needing the SR22, your location, and the specific insurance company’s policies. It’s best to contact FR44 & SR22 Experts directly to discuss how an SR22 will affect your rates, as they can provide personalized information based on your circumstances.