The SR-22:  What You Need to Know

In order to drive a car you have to have auto insurance, and in order to verify that you have the required coverage, your insurance provider gives you a document known as the Certificate of Financial Responsibility.  This document – more commonly referred to as the SR-22 - serves as evidence of car insurance liability.

SR-22 regulations vary depending on a few variables.  Not all states require them of all drivers, but in all states they can be ordered by the state or the court for driving violations ranging from driving under the influence to reckless driving convictions.  Individuals who are required to carry an SR-22 document will be informed of that fact by the court or state department that requires it.

There is a nominal fee for filing the SR-22 documentation and though it may vary from state to state, the fee is typically $25.  This fee is only required the first time the document is filed for, provided you do not allow your insurance to lapse.  Otherwise your insurance company will have to file for the SR-22 again and you will be required to pay the filing fee again.

Additionally, it is important to be mindful of the fact that if you allow your insurance to lapse at any time, your auto insurance provider is required by law to inform the authorities that your SR-22 is no long valid and in force.

More articles on SR-22.