1.SR-22 is not a type of insurance. An SR-22 is a form the insurance company must file with the state that shows proof of financial responsibility in regard to the state minimum insurance laws.
Definition of an SR-22
2.The majority of states have requirements regarding the minimum amount of insurance drivers must carry. If a driver is caught driving without insurance, their license will be suspended until they get insurance. When they do, the insurance company must file an SR-22 form with the state showing the driver is now in compliance with insurance laws.
Liability Insurance
3.Liability insurance provides coverage for the medical bills of any person you may hurt as the result of an accident that is deemed your fault. It also provides coverage for property damage should you run into a building, house or other property. Liability does not cover any of the damage to your vehicle or your medical bills.
Revoking an SR-22
4.There are only two states that do not currently have insurance requirements. It is important to understand the requirements of your state. Filing an SR-22 can be costly. If a driver lets their insurance lapse the insurance company must revoke the SR-22 and notify the state. If this happens, normally the state will suspend the license. Insurance is one of the most important things that you could have. Most every are of your life is insurable in some way, so having the right insurance is highly important. When you are deciding on an insurance company it is best to shop around before making any decisions as to which company you would like to be insured by. There are a lost of ways that you can increase your chances of getting the best coverage possible. One of the best ways to get great car insurance quotes is to search the web. Simply typing in a few keywords into your favorite web search engine will instantly return thousands of results for insuring your car.