California Insurance Proof Certificate
Insurance policy which requires the filling of an SR22 form is often called a SR22 insurance. Your insurance company has to submit this form to the California Department of Motor Vehicles (DMV), if you are obliged to provide a proof of financial responsibility. It is worth pointing out that a copy of your insurance or insurance card will not be accepted by the DMV as a replace of anSR22 form .
The minimum liability insurance requirements in California are:
* ,000 for injury/death to one person
* ,000 for injury/death to more than one person
* ,000 for damage to property
Who is required to have SR22 insurance?
In most case an SR22 form is required for one of two reasons. Driving under the influence (DUI) is the most common one. Driving without insurance and causing an accident is the other.
Both reasons will mean that your driving license will be suspended. As you probably know, California has one of the toughest car insurance laws. DUI conviction may even lead to a jail sentence and you will also be required to take part in a DUI program. One year without a license is the penalty for driving without insurance.
Maintain a proof of financial responsibility
You will have to maintain a proof of financial responsibility for 3 years. To get your drivers license reinstated, you will also have to pay the necessary fees. During this period you will consider you to be a “high-risk” driver.
Your insurance company is also required to submit a SR26 form the DMV if you cancel your auto insurance or your filling period expires. If you let your insurance lapse during these 3 years and SR26 form is submitted, your license will be suspended by the DMV.
SR is state specific, so bare in mind that your SR22 insurance will only be valid in CA. If you move to another state, you will have to obtain another policy.
The bottom line is that SR22 insurance will cost you. Shopping around for the cheapest option is your only choice. Compare California SR22 insurance quotes online and you can save yourself up to 0!
For more information about SR22, please visit: http://www.sr22insurancequotesonline.com
For more information about SR22, please visit: http://www.sr22insurancequotesonline.com
Article from articlesbase.com