What coverage limits are required?

Varies by state but typically requires meeting or exceeding state minimum liability requirements.

The coverage limits required for an SR-22 are not set in stone and can differ significantly from one state to another. Essentially, an SR-22 is a form that proves you have at least the minimum liability insurance required by your state's laws. Liability insurance is designed to cover damages or injuries caused to other people or property, and each state sets its minimum requirements for these policies. Therefore, if you are required to file an SR-22, your insurance policy must meet or surpass these state-determined limits. For example, some states may require bodily injury liability limits of $25,000 per person and $50,000 per accident, along with property damage liability of $10,000. It's important to directly check with your state's Department of Motor Vehicles (DMV) or your insurance provider to confirm the specific requirements in your state, as failing to meet these could have legal repercussions, including more fines or a longer period where you must maintain this form.

Imagine you've been in an accident that was your fault, and your state mandates that you provide proof of financial responsibility in the form of an SR-22. Suppose you live in California, where the minimum liability coverage requirements are $15,000 for injury or death to one person, $30,000 for injury or death to more than one person, and $5,000 for property damage. Your SR-22 must certify coverage equal to or greater than these amounts. If your current insurance doesn't meet these thresholds, you'll need to adjust your policy, potentially increasing your premiums, to comply and continue legally driving.

If you need to file for an SR-22, start by contacting your insurance company to discuss your current coverage. Confirm whether your policy meets your state's minimum liability requirements and make adjustments if necessary. It's also wise to research your state's specific insurance requirements online or through your local DMV to be fully informed. Keep in mind that an SR-22 is not an insurance policy itself but rather a certificate of financial responsibility, so ensuring your insurance is sufficient is key. By staying proactive about your coverage, you can avoid further legal issues and ensure that you're properly covered while driving.