SR22 Florida Explained
If you’ve had your driver’s license suspended in the State of Florida, you’ll probably need an SR22 Florida or a Florida FR44. While the FR44 insurance can better be addressed at www.MyFloridaFR44.com, we’ll tackle the requirements of an SR22 now.
What are the Liability Requirements for an SR22 in Florida?
The minimum requirements you’ll need to purchase are:
- $10,000 for an injury to a single person in a single incident.
- $20,000 for an injury to multiple people in a single incident.
- $10,000 for any property damage that may have been caused by you.
The SR22 will show your coverage in a series of 3 numbers; i.e 10/20/10. These three numbers are representative of the values stated in the list above. Just to give an example, a Florida FR44 requires 100/300/50 coverage, which is far above those requirements for a SR22 Florida.
How to Get Your Florida Driver’s License Reinstated Quickly:
What Circumstances Can Make You Need a SR22 Florida?
Some of the reasons you’d be required to obtain an SR22 are, but not limited to:
- You failed to satisfy a judgement where you were involved in an accident.
- You had an accident, but had no active insurance policy.
- You failed to produce proof of insurance when stopped.
What Types of SR22’s are Available?
There are basically two types of SR22’s in Florida; SR22 Florida Owner Policies and SR22 Florida Non-Owner Policies.
If you have a vehicle in your name, and you need that vehicle covered, you’ll want to obtain a SR22 Florida Owner Policy. This policy not only covers you, but also covers the vehicle you own. If you do not maintain insurance on your vehicle, you may be forced to hand over your license plates to the State of Florida. The Owner Policy carries the same 10/20/10 coverage as the Non-Owner Policy. This type of policy is by far the more expensive of your options.
If you don’t own a vehicle, you can have your driver’s license reinstated by purchasing a SR22 Florida Non-Owner Policy. This allows you to be covered by the required 10/20/10 liability limits, but on you as a person; not you with your vehicle. This option, if you qualify, is by far the cheapest way to go.
What is a SR22 Florida?
An SR22 Florida is not necessarily insurance in itself, but rather a Certificate showing proof that you are carrying the State mandated required liability limits of 10/20/10. It’s also referred to as a proof of economic responsibility.
You must usually maintain your insurance for a period of three years from your conviction date. This is not the date that the incident happened, but rather the date you were sentenced. You can contact the Florida DMV to find out how long your requirement is needed.
What does a SR22 Florida Cost?
Many factors affect the pricing of insurance and the SR22 Florida is no exception. Variables like Driving Record, Occupation, Age, Gender, Marital Status, etc will all factor into your pricing. The easiest way to find the lowest price is to have an insurance agency shop the market for you.