What is a SR22 Insurance Form?

SR22 insurance, as its usually referred to, isn’t in fact a type of Florida auto insurance. Explained briefly, SR22 is the name of the form which is used by vehicle insurance companies to prove someone is compliment with the minimum limits of liability required.

SR22 form is submitted by your car insurance company to the Florida’s Bureau of Financial Responsibility, in case of course you are required to file such proof of liability insurance. Driving under the influence, suspension for too many points, driving without insurance are some of the reasons why you may be required to have SR22.

Florida’s No Fault Law states that the minimum requirements for a car insurance policy are $10,000 of Personal Injury Protection and $10,000 of Property Damage Liability. For SR22 Insurance, Bodily Injury Liability (BIL) is added on top of the minimum requirements. $10,000 per person and $20,000 per accident are the minimum Bodily Injury Liability limits for SR22 in Florida. The SR22 requirement can also be fulfilled with a single limit of liability – $30,000.

The amount you will pay for Bodily Injury Liability will be the same regardless of the fact that you are required to file a SR22 form. A $15 filing fee is the only additional cost for you.

Bare in mind that, if you are required to file a SR22 form your insurance will become more expensive. Its not because of the SR22 filing, but rather because of the reasons already mentioned – driving under the influence, suspension for too many points, driving uninsured.

If you don’t comply with the law, your driver’s license and or vehicle license plate will be suspended. In such case, in addition to the filling fee, reinstatement fees will apply.

You may want to know what a SR26 form is.