There is much talk about SR22 insurance. Do you know what SR22 is? Do you know why some people have to have SR22 insurance? You may have several different circumstances that could lead up to this. There is much to consider with Florida SR22 insurance requirements. Here are some things to think about.

When someone is involved in a serious traffic offense, they will face penalties. These include DWI convictions. Some of those penalties includes driver’s license revocation or suspension. After the suspension period, you must carry a certain amount of insurance coverage. You must also prove that you have continuous coverage on your car. You can no longer just sign a paper.

SR22 is the name of a state required form. Your insurance company has to file this form with the state of Florida. It must be faxed or filed electronically. The form states that you have the required amount of insurance for SR22 qualification.

Your insurance company must notify the state of certain changes in your insurance. If you cancel your policy, they must be informed. If you fail to make a payment and your coverage lapses, the state must be notified. This includes coverage lapses of one day, also. Your insurance company must do this for three years.

If your insurance lapses, your license will once again be suspended. Your vehicle tags and registration will also be suspended. This can be as long as three years. You will incur additional fees when your license is reinstated. In addition, your three year SR22 period will start over again. This does not matter how long it previously was.

SR22 drivers are considered to be high risk drivers. They must carry a great deal more liability insurance than most drivers in Florida. The average Florida driver must have $10,000 insurance coverage for personal property damage. The amount is the same for personal injury protection. Accident coverage minimum is $20,000.

You become a high risk driver in the state of Florida with SR22. This means your liability minimum amounts increase. You will need $100,000 of insurance for bodily injury to one person. You will need $300,000 coverage for multiple person injuries. Your personal property damage minimum rises to $50,000.

Needless to say, your insurance rates will be high. This is due to the increased limits. It is also due to the fact that you are now a high risk driver. You may also incur additional fees related to SR22.

Your driver’s license suspension may be over. However, your license is not immediately returned. You have to buy SR22 insurance. This makes no difference if you own a car or not. You have to buy a non owner auto insurance policy. This has all of the higher liability limits as the owner policies. However, you may require the use of an ignition interlock device. In that case, you need to buy a car, to get your license.

In conclusion, having major traffic violations will cause you many problems. If so, your insurance premiums are going to skyrocket. It will be more difficult to get insurance, also. Your insurance company will have to file an SR22 form with the State of Florida. This will prove that you have the necessary insurance. Do not let your coverage lapse for one day. If so, you will lose your license, car tags and registration. The Florida SR22 insurance requirements are for three years.

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