How Do You Get Cheap Rates For SR22 Insurance?
Reader’s Question:
Why is car insurance with SR22 more costly than other kinds of car insurance policies? How can a driver here in Florida who needs to have SR22 insurance get cheap premium?
Andy
St. Petersburg, FL
Violating traffic rules has serious repercussions and if you were caught over speeding, driving under the influence, or driving without car insurance, you can have your license revoked. In order to reinstate it, you need to get SR22 financial responsibility. This is issued by a car insurance company to the state’s department of motor vehicles proving that you are maintaining a financial responsibility for a given amount of time. Getting car insurance with SR22 is quite costly but drivers in Florida can still get cheap car insurance with SR22 premium through the Internet.
It makes sense for a driver to approach a specialized SR22 insurance firm to get their coverage. Since general car insurance companies do not generally give SR22 insurance, specialized”high risk” car insurance firms are in a better position to give lower rates to drivers who need it.
Going online is also more convenient and simple for those who need to get car insurance with SR22. There are now a lot of SR22 insurance firms maintaining their Internet presence and this allows drivers to shop and purchase SR22 insurance without having to call around numerous car insurance firms.
1. Raise your deductible amount to the highest amount you feel comfortable with is the easiest and fastest way to lower your rate
2. Clean up your credit record. A bad credit score will increase your insurance rates.
3. Clean up your driving record. Avoid any and all traffic citations.
4. Join a credit union or bank that offers discounts on insurance
How Do I Get DUI Insurance Financial Responsibility?
Q: How much does DUI insurance financial responsibility cost?
A: A LOT.
Not specific enough? Okay, I’ll break it down. There are two (2) things about your DUI financial responsibility which will inflate your prices. One is that, unless you live in one of the lucky two states which don’t require them, you will have to pay an SR22 filing fee. These aren’t too bad–usually around $15 or $30, but you may see a rise in your premiums just because you have the word SR22 attached to your policy. That’s a four letter word for car insurance companies, literally and figuratively.
Secondly, well…you were convicted of driving drunk. If you expected your car insurance company to give you a parade when they found out you needed DUI financial responsibility, you have another thing coming. When you get SR22 insurance for a DUI, your costs often triple or quadruple, because you are so high risk.
You don’t have to panic. Yeah, DUI financial responsibility insurance is expensive, but you can still dig for quotes, raise deductibles, walk a lot, get discounts, and on and on if you want cheaper premiums.
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