In Arizona, SR-22 insurance costs an average of $725 per year, a 10% increase above conventional auto insurance rates. In addition to a higher rate, filing an SR-22 form in Arizona costs between $15 and $25, depending on the insurance carrier.
After being convicted of a major offense such as DUI or reckless driving, an SR-22 is a state-issued form that verifies that a driver has the minimum level of vehicle insurance coverage required by the state. Because an SR-22 identifies a policyholder as a high-risk driver, their insurance premium increases while it is on file with the state. Drivers in Arizona who need to submit an SR-22 will also lose whatever discounts they may have previously qualified for due to good driving.
However, the effect of an SR-22 on insurance rates is just transitory. Drivers in Arizona just need to have their SR-22 on file for three years. After that, providing the motorist drives sensibly, the premium will begin to decrease.
How much does SR-22 insurance cost a month?
The cost of SR-22 insurance ranges from $62 to $122 a month, depending on the insurer and the incident that resulted in the need. A one-time fee will be charged by your state’s DMV to file the relevant papers.
Depending on the state, filing an SR-22 form with the DMV costs between $25 and $50. The SR-22 not only proves you have enough insurance to drive lawfully, but it also marks you as a high-risk driver, which explains why your insurer will charge you more for coverage than the average policyholder.
How long do you have to have an SR-22 in Arizona?
If a driver is required to have an SR22, evidence of insurance must be kept for three years from the date of reinstatement eligibility. If you don’t keep up with your proof, your license and registration will be stopped until proof is established and submitted again.
Is SR-22 cheaper than regular insurance?
Due to the fee charged by insurers for completing an SR-22 form with the DMV, non-owner SR-22 insurance costs at least $15 to $25. Given the high-risk fee that insurers attach to the rates of drivers who need an SR-22, non-owner SR-22 insurance costs around 3% more than a typical non-owner vehicle insurance policy.
The cost of a non-owner SR-22 policy is determined by the driver’s location and the amount of car insurance required by law. Non-owner SR-22 insurance, on the other hand, is less expensive than conventional SR-22 coverage because it only covers drivers and not their vehicles.
How do I get an SR-22 in Arizona?
Find your local Motor Vehicles Services office on the Arizona Department of Transportation website and make an appointment to reinstate your original license or acquire a limited license. If you are compelled to file an SR22, you must keep it on file for three years from the date of suspension, unless the suspension is due to a judgment. Because the requirements for judgment suspension differ from case to case, you should review your record with the Arizona Department of Transportation.
Who has the cheapest SR-22 insurance?
The cost of SR-22 insurance will vary depending on the specific violation that led to the state ordering it. A higher percentage may be associated with more serious offenses. A DUI conviction normally necessitates the filing of an SR-22 or, in Florida and Virginia, a FR-44.
- At an average of $838 per year, USAA is the cheapest vehicle insurance company for drivers with an SR-22. This insurer, however, is only available to current and past military personnel, as well as their spouses and children.
- Progressive is the second cheapest and most frequently available insurance company, with an average annual rate of $1,058 for DUI drivers.
These are averages for a basic coverage insurance, and they do not include the cost of filing an SR-22, which varies by state but is often approximately $25.
Do I need an SR-22 to reinstate my license?
Before your license can be reinstated, you’ll need to buy SR-22 insurance. Your insurance carrier will send an SR-22 bond to the Department of Motor Vehicles on your behalf. This form certifies that you have the bare minimum of insurance coverage. If you do not have insurance, you must first obtain it before obtaining the SR-22 bond.
Why would you need an SR-22?
After significant or repeated violations, an SR-22 allows you to keep or regain your driving privileges. If you’ve been convicted of DUI, DWI, or any significant traffic infraction, you may be forced to have an SR-22. You’ve had your driver’s license suspended or revoked.
Do you need an SR-22 in AZ?
In Arizona, you’ll require an SR-22 for three years. This implies that for the next three years, drivers must maintain the bare minimum of auto insurance coverage mandated by Arizona law. The clock resets if there is a lapse in coverage. Arizona requires bodily injury liability insurance of at least $25,000 per person ($50,000 per accident) and property damage liability insurance of at least $15,000 per accident.
Your insurance company submits your SR-22 certification with the state on your behalf when you purchase SR-22 insurance in Arizona. Failure to file an SR-22 can result in the suspension of your vehicle registration or license, as well as significant reinstatement fees. If you cancel or let your coverage lapse early, your insurer will notify the state. If you relocate out of Arizona and use an out-of-state filing, you must keep an SR-22 on file.
If you can’t make your payments, contact your insurance company before you miss a payment deadline. You can ask for a new payment plan or inquire about subsidized programs that may be more cost-effective.
Is liability insurance and SR-22 the same thing?
It’s possible that it’s referred to as “SR-22 insurance” by accident. An SR-22 is a document supplied by your insurance carrier that indicates you have liability coverage on your automobile insurance policy. It is not insurance.