Florida SR-22 Auto Insurance Facts For License Restoration

Wang Yan

Global Courant

Florida Form SR22 is the name of the document that provides verification of required insurance for drivers with a suspended license. Depending on the circumstances, court suspensions have different terms of insurance, such as limits of coverage, compliance period, and terms of payment. An assigned case number, which appears in the Motor Vehicle Report (MVR), links insurance policies to drivers requiring SR22. Please note that a qualifying policy can be a car insurance policy, motorcycle policy or an operator policy where there is no vehicle to insure.

Uninsured drivers cause an accident with only material damage, require a Personal Injury Protection (PIP) and Property Damage Liability (PDL) policy, with limits of $10,000 for each. This type of policy is paid in full for six months with no cancellation option, has a two-year compliance period and a case number that begins with 2. When people are injured by an uninsured driver, a personal injury liability (BIL) of $10,000 per person and $20,000 per accident, in addition to 10,000 PIP/PDL, is required. This type of policy can be canceled and the compliance period is three years. Driver’s license suspension follows a canceled SR22 insurance policy unless a new qualifying policy has replaced the canceled one.

After a policy is in effect, insurance companies have up to 15 days to electronically file (file) SR22 with the Florida Bureau of Financial Responsibility. The Florida Department of Motor Vehicles (DMV) will usually not reinstate a driver’s license until the electronic application is received. The whole process is fast and efficient, with the right company, and the license recovery can be obtained within two days. However, some companies, will generate a “hard copy” for the policyholder immediately after purchase, and some clerks at local DMV offices, a license will be reinstated when the certificate is presented in person. This is the only way a license can be reinstated on the same day a qualifying policy is purchased.

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in October 2007, Florida Form FR44 replaced Form SR22 for DUI drivers only. The SR22 filing is only acceptable on a Florida insurance policy and a $15.00 filing fee is added to the cost. Multiple SR22s, or FR44 and SR22, are not issued on the same driver. A new FR44 request supersedes an existing SR22 requirement. Form SR26 is used to report a policy being canceled for which the SR22 application has been made. Since 30 June 2009, all declarations must be made electronically by the insurance company on behalf of the policyholder. The older pink forms given to policyholders to physically present to the RDW are no longer sufficient. All SR22 case numbers start with a one, two or three, indicating different requirements.

Florida SR22 insurance facts, accurate and updated, are essential information for insurance agents and policyholders. Remember that the SR22 is the mechanism by which the proof of insurance is created and the insurance policy itself is essentially the same with or without the SR22. As with any other insurance policy, the amount of SR22 insurance cost for each driver depends on the varied and detailed information collected during the quote process. Here’s one last fact that many policyholders have found very helpful: For a number of reasons, a scooter insured on a motorcycle policy costs much less than a qualifying auto insurance policy or an operator’s policy that doesn’t insure a vehicle at all.

Florida SR-22 Auto Insurance Facts For License Restoration

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