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October 27, 2007

sr 22 rate

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Filed under: — Maricar @ 1:00 am

Reader’s Question:

How much is the sr-22?

Polly

Good Question.

The sr-22 form is actually associated with the auto insurance policy or coverage that is being rated according to all the factors that go into rating a certain policy.Whether you are getting an sr-22 or not, the rates are not different.

The insurance companies are actually authorized to charge a nominal fee for filing the sr-22 or the financial responsibility certificate to the state. The amount typically ranges from $15-$25.

One of the major rating factor that affects your insurance policy is your driving record. You will be required to get and maintain an sr-22 to reinstate your license after suspension of vehicle registration, so this would definitely increase your premiums but the sr-22 form itself does not go beyond the filing fee.

You may check in different company websites to get quotes and find out how much the insurance policy is that includes an sr-22.

Goodluck!

MariCAR

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