Q: How will an SR-22 affect my car insurance premiums?

A:

An SR-22 is a certificate of financial responsibility that may be required for drivers who have been involved in serious offenses, such as driving under the influence (DUI) or repeated traffic violations. This document is filed with the California Department of Motor Vehicles (DMV) to demonstrate that you carry the minimum liability insurance required by law.

Obtaining an SR-22 typically leads to an increase in car insurance premiums. Insurance companies consider drivers who require an SR-22 to be higher-risk, which often results in higher rates. When insurers assess risk, they take into account your driving record, the circumstances that led to the requirement of the SR-22, and your overall track record as a driver. Therefore, even though the exact amount that your premiums will increase depends on various factors, it is common for premiums to rise substantially as a consequence of having an SR-22.

It’s important to shop around for insurance after receiving an SR-22, as different insurers may assess risk and set rates differently. Some companies may offer relatively lower premiums compared to others, even for drivers with an SR-22 requirement. Keep in mind that maintaining a clean driving record following the period of SR-22 filing can improve your insurance rates over time, as you may become eligible for lower premiums once the SR-22 requirement is lifted.

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