SR22 insurance is required by the Virginia DMV if you have tags on a car and it’s not insured. Regardless, if you are driving the car or not, you have to maintain insurance at all times if tags are a car. The DMV will randomly check for active insurance so make sure your policy is paid to date. Alabama has recently implemented a real time insurance verification system so look for more states to introduce this as well.
FR44 insurance is required if you obtain a DUI or DWI. With an FR44 your liability limits must be equal to or greater than $50,000 per person / $100,000 per accident / $40,000 property damage.
Penalty and Fines
In either case, DMV imposes fines for both SR22’s and FR44’s. The electronic filing, completed by an insurance company, lets DMV know you have insurance and if the insurance policy is cancelled for any reason, non-payment, company cancellation or insured cancellation, the DMV will be immediately notified. Your drivers license is then suspended and the timing for the SR22 or FR44 will be reset. Additional fines will also be imposed.
The Cost of an SR22 or FR44
What is the cost for an SR22 or FR44? Most standard companies will actually not insure driver’s who require an SR22 or FR44 because the driver is considered high risk. However, there are some companies that do. In fact, some companies that specialize in this type of insurance don’t charge any extra premium for filing the SR22 or FR44.
Contact The Andrew Agency
If you live in Virginia and need an SR22 or FR44 or for more information contact The Andrew Agency at (804) 320-2886. The Andrew Agency will let you know exactly what your options are and how much your insurance will cost.