SR-22 Indiana | The bank rate
In Indiana, drivers who are convicted of a DUI or other serious traffic violation must obtain SR-22 insurance certifications. SR-22 insurance is not a type of insurance – it is a form of proof of insurance that shows you meet the state’s minimum coverage requirements. The exact form required may vary depending on the type of violation and state laws.
SR-22 insurance in Indiana is not expensive. However, having an SR-22 on your record will negatively impact your auto insurance premium. It may affect your driving privileges in other ways as well, and this may come with additional penalties and fees.
What is “SR-22 Insurance?” “
SR-22 insurance is a special type of proof of insurance that shows you have the minimum amount of liability insurance required by the state. In Indiana, the minimum amount of insurance is 25/50/25, which includes $ 25,000 of personal injury liability coverage per person, $ 50,000 of accidental bodily injury liability coverage and $ 10,000 in Accidental Property Damage Coverage.
Indiana state law says drivers whose licenses are suspended for drunk driving, insurance violation or other significant traffic violation may be required to purchase SR-22 insurance. In order to reclaim your driving privileges, you must purchase an SR-22 in Indiana and pay the necessary license reinstatement fees.
Not all auto insurance company offers SR-22 insurance certification. You can usually buy SR-22 from insurance companies that specialize in non-standard insurance, which is a special type of coverage for high-risk drivers. When you pay for an SR-22, the insurance company will electronically file it with Indiana BMV after paying the filing fee.
SR-22 Indiana alternatives
Drivers in Indiana may be required to purchase alternative SR-22 insurance. Proof of insurance requirements may vary based on condition, type of offense, and repeat offense. In Indiana, drivers may also be required to purchase an SR-50 or an SR-26. Here’s a look at some common SR-22 alternatives, where they’re needed, and how they affect your auto insurance requirements.
|Form||States issued||Insurance minimums required|
|SR-22||Each state except Delaware, Kentucky, Minnesota, New, Mexico, New York, North Carolina, Oklahoma and Pennsylvania||State minimum insurance coverage|
|SR-19||California and Texas||Statement of Minimum Coverage for Uninsured Motorists|
|SR-21||Florida, Georgia and Indiana||State minimum insurance coverage|
|SR-22A||Georgia, Texas and Missouri||State minimum insurance coverage|
|FR-44||Florida and Virginia||Liability limits higher than the state’s minimum coverage|
|SR-50||Indiana||State minimum insurance coverage|
- SR-19: SR-19 insurance is only available in California and Texas. A driver must file an SR-19 in these two states in order to file an insurance claim if affected by an uninsured driver.
- SR-21: An SR-21 is often required in Florida, Georgia, and Indiana if a driver causes a car crash resulting in injury, death, or property damage over $ 1,000. This form certifies that you had at least the minimum amount of insurance required at the time of the accident.
- SR-22A: The SR-22A form can be found in Georgia, Texas, and Missouri. This is essentially the same form as the SR-22, which is often required after your license is suspended.
- FR-44: FR-44 insurance only exists in Florida and Virginia. This form is similar to the SR-22, but instead of meeting the state’s minimum insurance requirements, drivers are required to purchase higher liability insurance than is generally mandatory.
- SR-50: SR-50 forms are only available in Indiana. The Indiana BMV uses SR-50 forms to verify current proof of insurance coverage after a notable traffic violation.
In some cases, drivers in Indiana may be advised to purchase SR-22 insurance for non-owners. A non-owner SR-22 is for drivers who do not own a vehicle, but are convicted of a serious traffic violation or lose their license after borrowing someone’s car. Insurance requirements for a non-owner SR-22 are the same as for a standard SR-22. You are legally required to purchase SR-22 non-owner insurance even without your own car.
SR-50 in Indiana
One of the most common SR-22 alternatives in Indiana is the Form SR-50. You will need to complete an SR-50 form after you have been in an accident or been convicted of a serious traffic violation reported to Indiana BMV. The BMV uses an SR-50 form to verify your insurance coverage at the time of the accident or violation. Assuming you had coverage at the time of the incident, this form will not affect your auto insurance rate or insurance requirements.
SR-22 Indiana Insurance Fee
SR-22 insurance in Indiana is inexpensive. Drivers are required to pay a filing fee with the insurance company providing the form, which typically does not exceed $ 50. However, drivers pay for an SR-22 in other ways.
First, drivers whose license is suspended are required to pay a license reinstatement fee. For a first offense, you’ll pay $ 250 to get your license back, and after two or more offenses, the reinstatement fee drops to $ 500.
Additionally, having an SR-22 on your record will affect your auto insurance premium. High-risk drivers pay the highest auto insurance rates, so expect your rate to rise dramatically while the SR-22 remains on your driving record.
How Long Do I Need an SR-22 in Indiana?
In the state of Indiana, you must have an SR-22 on file for three years for a first or second offense. After three or more infractions, you will need to keep an SR-22 for five years. In Indiana, the length of time you must have an SR-22 does not depend on the type of offense itself.
How to get SR-22 insurance in Indiana?
To get SR-22 insurance in Indiana, you need to find an insurance company that offers SR-22 certificates. If your personal insurance provider doesn’t offer this type of insurance, look for providers that sell non-standard insurance. After completing the form, the insurance company will file your SR-22 with the BMV and it will remain on your file for the period of three or five years.
How much does SR-22 insurance cost in Indiana?
The average cost of filing an SR-22 in Indiana varies, but filing fees are usually not high. Unlike a regular auto insurance premium, the cost of SR-22 insurance does not depend on your age, credit rating, claims history, or the type of vehicle you drive.
Where can I find cheap SR-22 insurance in Indiana?
To find inexpensive SR-22 insurance in Indiana, your best option is to contact providers in your area that offer this type of coverage. You can speak to an agent to find out the amount of the handling fee and choose the supplier that charges the cheapest amount.
Does Indiana SR-22 insurance renew automatically?
Typically no. You are generally required to renew your SR-22 at the end of the insurance period, for each year that you need to have the certificate on file. In some cases, you may be penalized for not renewing your SR-22 within a certain number of days before the expiration date.