What Is A Sr22 Insurance Form
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.
What is a sr22 insurance form. But the fact of the matter is that an sr 22 form is something people carry to prove they are financially responsible and currently have the necessary auto insurance to operate a vehicle. An sr 22 form filing is proof that a person that has had a license suspended for any reason has the state required insurance coverage to operate an automobile. Sr 22s however differ greatly from standard forms of proof of insurance with the most common form being an insurance id card. It s not an insurance coverage.
An sr 22 is a form that is filed with your state to show that you are meeting your state s minimum auto liability insurance requirements. Not everyone needs an sr 22 fr 44. What is an sr22 insurance form. Sr 22 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.
Do i need an sr 22 fr 44. Before you or your insurance company files your sr22 form though you do need to get covered. People may mistakenly refer to it as sr 22 insurance. An sr 22 and an fr 44 are both certificate of financial responsibility cfr forms a cfr is a certificate required by the state and provided by your auto insurance company that verifies you have auto insurance liability coverage.
The minimum required liability auto insurance varies by state but you must be covered in order keep your driving privileges. An sr 22 may also be referred to as a certificate of financial responsibility or in virginia and florida an fr 44. An sr22 certification is a form that is filed with the state not a type of insurance. Generally an insurance form like the sr22 is required for those who have been convicted of a drinking and driving violation but some people have their license suspended due to medical reasons too and are required to have insurance with a company that will file this form via the dmv.
If an sr 22 should expire or be canceled the insurance company is required to issue an sr 26 form which certifies the cancellation of the policy. An sr22 certificate of financial responsibility verifies that the named individual is carrying at least the state mandated amount of car insurance.