How DUI Convictions Affect SR-22 Insurance Costs

A conviction for driving under the influence (DUI) can have significant repercussions on various aspects of your life, including your auto insurance. One of the most immediate impacts is the requirement to file an SR-22, a certificate of financial responsibility.

SR-22 insurance is not a separate policy but a certificate that your insurance company files with the state to prove that you carry the minimum required auto insurance coverage. This is often mandated after serious driving offenses, such as a DUI conviction.

The Impact of a DUI Conviction on SR-22 Insurance Costs

A DUI conviction can lead to several changes in your insurance costs:

• Higher premiums—After a DUI, insurers view you as a high-risk driver. This increased risk translates to higher premiums. You can expect your insurance costs to rise significantly after a DUI conviction.

• Administrative fees—Filing an SR-22 adds an administrative fee to your insurance costs.

• Limited options—Not all insurance companies offer SR-22 filings, which can limit your options.

The Duration of the Requirement

The duration you need to maintain an SR-22 varies by state but typically ranges from three to five years. During this period, maintaining continuous coverage is crucial. Any lapse in coverage can result in penalties, including the suspension of your driving privileges.

Tips to Manage Insurance Costs

While a DUI conviction and the subsequent SR-22 requirement can be financially burdensome, there are ways to manage these costs:

• Shop around. Your agent can help you compare quotes from multiple insurers to find the best rates. Even within the high-risk category, rates can vary significantly.

• Improve your driving record. Avoid further traffic violations and accidents. Over time, a clean driving record can help reduce your premiums.

• Consider higher deductibles. Opting for a higher deductible can lower your monthly premiums. However, ensure you can afford the deductible in case of an accident.

• Take defensive driving courses. Some insurers offer discounts for completing approved defensive driving courses. These courses can also demonstrate your commitment to safer driving.

Contact Us

Contact 777 Insurance Agency LLC, in Euless, Texas to get quotes for SR-22-compliant auto insurance.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.