Drivers who are told they need SR22 insurance in Chicago often have questions about this specific insurance. Read on to learn more about this insurance and why it’s needed.
1. What Is an SR-22?
First, it’s important to know what SR-22 isn’t. While most people think of SR-22 as being insurance, it’s not. Instead, it’s documentation filed with the state showing that a person has auto liability insurance that meets the state’s minimum requirements. Some states refer to this form as a certificate of financial responsibility.
2. Who Needs SR-22 Documentation?
The average driver won’t need this documentation. The state requires it for drivers who’ve been convicted of a DUI, had an at-fault accident without having adequate or no insurance coverage, or have had their license revoked or suspended. Some states require documentation if people have had repeated traffic offenses that were serious.
3. How Long Is Proof of an SR-22 Needed?
Since SR-22 usually results in more expensive insurance, many people want to know how long they must carry this proof. Although states have specific requirements, most require drivers who need SR-22 documentation to maintain their insurance coverage for three years. After the necessary time, barring no additional offenses or legal obligations, the state lifts the requirement.
Non-Vehicle Owners Might Need SR-22 Documentation
Not owning a car doesn’t automatically release someone from having to show SR-22 documentation, especially since their license allows them to rent or borrow a car. Check with the state’s requirements for more information on this topic.
For more information about SR22 insurance for Chicago residents, contact Accurate Auto Insurance.
