3 Reasons You Don't Need To Be Afraid Of SR-22 Insurance

If you've just received a court order for an SR-22, it might feel like your motoring days are coming to a close. While receiving this requirement can be frightening, it doesn't mean you have to stop driving, and it doesn't need to be a substantial financial burden. Unfortunately, many drivers may panic after seeing their rates increase.

The good news is that this doesn't have to be you. If you're worried about how an SR-22 will affect your financial future, check out these three reasons that this requirement isn't as frightening as it might seem at first glance.

1. It's Not Forever

A court order for an SR-22 is essentially a requirement to prove financial responsibility. The state has classified you as a high-risk driver, and your insurance company must provide proof that you can maintain continuous coverage on your car. Fortunately, this requirement doesn't need to continue forever, and you can eventually move on.

The length of time necessary will vary between states, although most require a minimum of three years. You must maintain your coverage over this time, but the state will lift the SR-22 once you reach the end of the filing period. While three years might seem like a long time, you can start your new coverage with a clear end goal and the knowledge that there's light at the end of the tunnel.

2. You Have Options

Many insurers focus on providing coverage for drivers with an SR-22 requirement, so you shouldn't be afraid to shop around for better rates. Your current provider may not work with SR-22 drivers or they may only do so at an excessively high premium. In these cases, you'll want to look for another insurer that can offer you a better rate.

It's also a good idea to contact local insurance agents. These agents often work with many companies, and they can help you shop around for the best rate. By finding a better provider and adjusting your coverage limits, you may be able to reduce the extra cost of your SR-22 insurance requirement by a substantial amount.

3. You Can Stay Flexible

Many people think that maintaining continuous coverage means they can't switch providers, but this isn't the case. You can change insurance companies during your SR-22 period, assuming you keep continuous coverage during the switch. You don't need to worry about being locked into an expensive or poor-quality provider while you still have an SR-22 requirement on your record.  

For more information, contact an insurance agency such as Bill Blake Auto Insurance.