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An SR-22, also known as a certificate of financial responsibility, is a form your auto insurance company files with your state to show that you meet the state's minimum car insurance requirements.
Drivers are typically required to have an SR-22 filed by their insurer after certain serious motor vehicle violations, such as reckless driving or a DUI conviction.
While the filing fee is usually small, needing an SR-22 often means insurers consider you a higher-risk driver, which can lead to higher insurance premiums.
Here's a closer look at how SR-22 filings work, when they're required, and how they can affect your auto insurance costs.
Learn more:What to do after a car accident An SR-22 is a form filed by your auto insurance company with the state.
It confirms that you have car insurance and that the coverage meets your state's minimumrequirements.
It's important to note that SR-22 filing requirements vary by state, and some states don't require them at all.
Insurers do not file SR-22 forms automatically.
If your state requires one, you'll usually be notified after certainserious traffic violations, such as driving without insurance, driving during a license suspension, or a DUI or DWI conviction.
You must contact your insurer and request the filing.
If you don't have insurance, you'll need to purchase coverage from a provider that's willing to file an SR-22 on your behalf.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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