What is SR-22 insurance in Indiana?

An SR-22 in Indiana is a certificate proving that a high-risk driver has the legal requirements for car insurance in Indiana. So-called SR-22 insurance indiana raises annual car insurance premiums by roughly $53in Indiana, compared to standard rates. In addition, there’s usually a fee of $15 to $25 for your insurance company to file your SR-22 documentation with the state. 

Your SR-22 must be maintained with Indiana’s licensing agency for 3-5 years according to Indiana law. If your insurance coverage lapses during that time, your insurance company is required to report you to the state. Your SR-22 period resets in that case, and you are required to pay any SR-22-related fees again.

What You Need to Know About SR-22 Insurance in Indiana: 

• Who Needs SR-22 Insurance in Indiana? Indiana requires SR-22 documentation for drivers who are convicted of serious traffic violations. The list includes reckless driving, hit and run, and DUI, among other major offenses.

• How Much Does SR-22 Insurance Raise Premiums in Indiana? An SR-22 in Indiana increases car insurance costs by approximately $53. That is roughly 11% more than the average Indiana resident pays for car insurance.

• What is Minimum SR-22 Car Insurance Coverage in Indiana: Drivers need at least $25,000 in bodily injury liability insurance per person ($50,000 per accident) plus $25,000 in property damage liability insurance.

• How to File SR-22 Documentation in Indiana: Your insurance company will file the SR-22 certificate with the state for you. For the next 3-5 years, you need to keep your insurance policy active with no lapse in coverage.

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Created on Nov 25th 2021 05:28. Viewed 93 times.

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