What is an SR22 auto insurance in Indiana and how much coverage am I required to get?

Arnold

Indianapolis IN

In Indiana, an SR22 auto insurance is a required insurance coverage specifically for high risk drivers. It is required by law that any motorist needs to carry at least the minimum amount of liability insurance required in the state. For those who have had their licenses suspended, due to major violations such as DUI/DWI or driving uninsured, an additional requirement is added in the form of the SR22 car insurance. This type of form has to be filed every month with the Bureau of Motor Vehicles by your auto insurance carrier. Failure to file this form when mandated, will have your license suspended. An SR22 auto insurance in Indiana is required to be maintained for three years after the date of the initial suspension.

As for the insurance requirements involved with SR22 insurance, it is the same as what is required of any drivers in Indiana. The following are the minimum liability requirements:

• at least $25,000 worth liability coverage for bodily injury to 1 person.
• at least $50,000 worth liability coverage for all bodily injuries.
• at least $10,000 worth liability coverage for property damage.

Car insurance companies suggest you get more than that.

A: First time purchasers of SR22 insurance often find it difficult to find a company that will insure hem. One of the reasons for this is that people who must file he SR22 form are extremely high risk, and many companies are not willing to assume that kind of risk.

However, many companies are. Start looking for companies which advertise themselves as high risk. Such companies charge more, but they’re also used to dealing with high risk drivers, and you’ll find it very hard to get turned down if you go to one of them.

Not to say it isn’t possible to get turned down for SR22 insurance by a high risk specialist company. Such things do occasionally happen, usually to people who were high risk before their SR22s. If this is the case, instead join the Indiana assigned risk pool, where you will definitely be insured with a random assigned company, but it will cost you.