Posted by on Feb 6, 2015 in Insurance | 0 comments

The State of Illinois requires all of its drivers to carry and maintain at least the minimum amount of liability insurance. This is to protect not only the driver of the vehicle but also the other motorists and pedestrians who they might encounter while on the road. An SR-22 may not be an insurance policy, but it still proves that you have insurance – something that is very important especially if you have been previously been convicted with reckless driving, driving without insurance, DUI, and other driving violations that had lead to your driver’s license being suspended.

There are many factors that can affect how your premiums are determine with an SR-22; some of these factors may even seem unfair, but they are still considered because of the risks that comes with reinstating your driver’s license. Among the many factors that would be looked upon to when applying for an SR-22 is the your driving history and the records regarding any accidents you have been involved with, as this would determine how much of a risk you are to them and the other people. Your age and occupation will also be considered, as well as your marital status. Other factors that insurance companies examine are your credit score and the type of vehicle you are driving, since they can greatly increase your insurance rates. If you are worried about applying for an SR-22, there are many insurance companies online which can provide a quote depending on your specific case, and could provide you with immediate insurance.

Many people see SR-22 as having a scarlet letter on their driving history, but, according to the website of Habush Habush & Rottier S.C. ®, this is not the case. SR-22 provides you with the opportunity to legally be on the road again, and depending on the reason for your driver’s license suspension, the SR-22 will eventually be cancelled after a couple of years. It is important, however, to keep up with your payment for SR-22 if you don’t want to risk it being cancelled and having to file for an SR-26 (another type of insurance form) to be filed with the Department of Motor Vehicles until a new SR-22 is filed and made effective. Your SR-22 status will only be removed when responsibilities given in a certain amount of time has been completed.

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