Friday, September 23, 2011

What is an SR22? And why you need it.

As Insurnace professinals we like to inform our clients. We have noticed that the majority of our clients who need an SR22 don't quit understand WHAT it is or WHY you need it. In this Blog I will briefly explain the purpose of the SR22 Why you need it and how it works. You can get your license back and get on the road!

What is a SR22 form?

In a nutshell “LIABILITY INSURANCE “ California Insurance Proof Certificate, SR-22 form is the mechanism in California use to monitor the status of your insurance policy and authorize the DMV to suspend upon cancellation (SR-26) or expiration of that policy. An SR-22 is a certificate issued by an insurance company and kept on file at the California Department of Motor Vehicles. This document is a guarantee that at least the California required minimum liability $15000, $30000, $5000 coverage has been obtained by the respective person.

The conditions of this form

The insurance company will notify the DMV if the insurance coverage should lapse or be canceled for any reasons. If this should happen, California DMV will immediately issue an order of suspension. Proof of insurance by way of SR-22 must be maintained for a period of three years (from the date the original 4 month suspension would have been up). As long as proof of insurance stays active you will not need to resubmit another SR-22 form.

Compare SR-22 Auto Insurance Rates

Since you are going to have your SR-22 insurance for a period of three years, it is important to find the cheapest policy you can before choosing one. Epitome Insurance Solutions, Inc has partnered with the largest and most trusted SR-22 insurance providers in the state of California in order to offer you the best and least expensive options available. Comparing quotes is the best way to get the coverage you need at a price you can afford.

No comments:

Post a Comment