Indiana Insurance Form Sr 22
In indiana your insurance provider must electronically file your sr22 form for you.
Indiana insurance form sr 22. An sr 22 form filing offers indiana drivers legal proof of insurance coverage by demonstrating that they carry the minimum liability insurance coverage requirements in indiana mandated by state law. Also known as a certificate of financial responsibility sr 22 bond or sr 22 form an sr 22 isn t a type of insurance but rather an easy to get filing. An sr 22 is a document on file with your state proving you have car insurance that meets the minimum coverages required by law. Insurers charge a fee typically between 15 and 25 to file the form.
A valid sr 22 form must remain on file with the bmv for three years after a suspension for a major violation. An sr 22 sometimes referred to as a certificate of financial responsibility or sr22 insurance is a proof of car insurance certifying that you meet your state s minimum car insurance requirements. How long will i need an sr 22 for in indiana. Sr stands for safety responsibility.
Sr22 or sr 22 is a document registered with the state of indiana that verifies that an individual has automobile insurance. In indiana you re required to maintain an sr 22 from three to five years. The sr22 form demonstrates that you have a motor vehicle insurance policy that meets the state s minimum standards and it cannot be cancelled without prior notice given to the indiana bmv. Sr 22s however differ greatly from standard forms of proof of insurance with the most common form being an insurance id card.
25 000 per person 50 000 per accident. Sr 22 insurance in indiana in indiana sr22 rates refer to the additional fees that a driver pays in addition to their regular auto insurance. Indiana s liability car insurance coverage requirements are. Sr 22 proof of future financial responsibility the sr22 is proof of future financial responsibility and may be imposed for a variety of reasons for up to five 5 years.
A valid sr22 form must remain on file with the bmv for the duration of the required period. Sr22 is an indiana bureau of motor vehicles bmv mandated requirement for drivers who pose a significant risk on the road. Reinstatement fee submission form. Why do i need an indiana sr22 form.
Your insurer will then send a copy. Make sure you understand your role in maintaining your insurance and your sr 22.