What Is An Sr50 Insurance Form

The sr 50 is specific to indiana car insurance.

What is an sr50 insurance form. It is a form required by the state as proof that one currently has insurance on their vehicle. It is an official form that is submitted by the driver proves coverage for the minimum liability insurance required. Sr 50 affidavit of insurance driver information last name first name middle initial driver license number street address city state zip code policy information insurance company name policy number. Sr 50 auto insurance is a requirement that is unique to the indiana bureau of motor vehicles.

The indiana bureau of motor vehicles bmv states that a sr 50 is a form used by a person to provide proof of current insurance to the bureau. I swear or affirm under penalty of perjury that the information provided on this form is true. An sr50 should not be confused with being an insurance policy it is a certificate issued by an insurance company to be sent directly to the bmv. An sr50 includes the name driver s license number and coverage dates for an insured party which indiana uses to verify coverage on a specific date where an sr22 is used to verify coverage for a specific period.

Because it s the form of proof that you have current auto insurance on the car you re driving. Indiana has a financial responsibility law which requires all drivers to maintain financial. It is also required as a condition to reinstate your driver s license. The sr50 is proof of present insurance which means it s a guarantee to the bmv that you are carrying at least state minimum liability auto insurance coverage at the present time.

The sr 50 is not an insurance policy but rather a certificate issued by the insurance carrier and sent directly to the indiana bureau of motor vehicles bmv. This form shows the bureau both the beginning and end dates of the current policy. Once this gets filed and processed with the bmv you re finished. Sr 50 insurance is going to be one of the most important forms to carry with you when living and driving in indiana.

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