What is SR22 Insurance?
If you have been suspended for a high-risk violation, such as reckless driving, driving without insurance, or driving under the influence, you may need SR22 insurance. In order to get your license reinstated, you will need to prove that you have adequate car insurance to meet the state’s minimum liability requirements. This means that the state wants to be sure that if you get into an accident, your insurance will be able to cover the consequences.
Your insurance provider will need to submit an SR22 form to the BMV (Bureau of Motor Vehicles) on your behalf to show that you have secured the necessary insurance to continue driving. This shows that you have either an owners policy with the minimum liability, a non-owners insurance policy with the minimum liability, or a financial responsibility bond.
Ohio SR22 Insurance Requirements
Ohio requires you to keep your insurance coverage the entire time you are court-ordered to have an SR22. Your insurance provider is required to report to the BMV if you have any lapse in coverage, which will cause your license to be suspended again.
How Much Is an SR22 in Ohio?
SR22 insurance in Ohio can be costly. The fee for the form itself is minimal, but your insurance premiums will likely increase significantly. This is because drivers who need an SR22 are considered high-risk and are more expensive to insure.
The exact cost of SR22 insurance varies depending on the insurance provider and the driver’s history. You could see an increase of anywhere from 5-30% in your insurance premiums.
The good news is that this increase won’t last forever. Once the infraction that caused you to need an SR22 is cleared from your record, your insurance premiums will go back to normal. Just be sure not to accumulate any more moving violations in the meantime.
SR22 insurance in Ohio can vary, so it’s important to get multiple quotes. Your rates will be higher than before, but you can find the most affordable option by shopping around.
You may be able to get rid of SR22 insurance in Ohio after three years. The timeframe depends on the severity of the offense, but typically your rates will go back to normal within 3-5 years.
SR22 Car Insurance in Ohio
If you have a reckless driving charge, a DUI, or have been caught driving without insurance, you will need to get SR22 car insurance in Ohio. This type of insurance proves that you have enough coverage to pay for damages if you cause an accident.
The minimum coverages for SR22 car insurance in Ohio are:
- $25,000 per person for bodily injury
- $50,000 per accident for bodily injury
- $25,000 for property damage
Your insurance provider will be able to help you get the coverage you need.
Non Owner SR22 Insurance for Ohio
If you have a suspended license in Ohio, you will still need SR22 insurance to reinstate it, even if you don’t own a car. In this case, you would need non-owner SR22 insurance. This type of insurance will protect you if you borrow a car, but it will cost less than an owner’s policy.
- SR22 insurance is required in Ohio if you have a serious driving violation, such as a DUI or a hit-and-run.
- It is important to be upfront with your insurance provider so that they can help you get your license back and ensure you are covered.
- You will not need SR22 insurance forever, but make sure to drive safely in the meantime and avoid any violations.