5 Mistakes to Avoid with SR-22 Insurance
Common pitfalls that can extend your SR-22 requirement or cost you more money.
Navigating SR-22 requirements can be tricky. Here are five common mistakes that can extend your filing period, increase your costs, or create additional legal problems.
Mistake 1: Letting Your Coverage Lapse
This is the most critical mistake you can make. If your SR-22 coverage lapses for even one day, your insurer must notify the DMV. This results in immediate license suspension and may restart your entire SR-22 filing period.
Mistake 2: Not Shopping Around
Many drivers stick with their current insurer without comparing rates. SR-22 rates can vary by hundreds of dollars between companies. Always get quotes from at least 3-5 insurers before committing.
Mistake 3: Forgetting to Transfer When Moving
If you move to a new state, you need to get a new SR-22 filed in your new state. Failing to do this can result in license suspension in both your old and new states.
Mistake 4: Canceling Too Early
Some drivers cancel their SR-22 before the required period ends, thinking they've served enough time. Always confirm with your DMV that your filing period is complete before removing the SR-22 from your policy.
Mistake 5: Not Understanding Your Requirements
Each state has different SR-22 requirements. Make sure you understand your specific state's minimum coverage requirements, filing period, and any additional conditions. Ignorance of the requirements is not a valid defense.