The severity of the traffic violations involved makes SR-22 insurance more expensive than standard auto insurance. While the form itself only costs a small one-time fee, car insurance rates can increase significantly due to the risks associated with crimes such as DUIs, hit-and-runs, and reckless driving. SR-22 minimum coverage insurance in South Carolina costs around $983 per year on average when an SR-22 form is filed as a result of a DUI offense. In contrast, a typical insurance policy without an SR-22 costs about $630 a year.
There are many options available if you are looking for affordable sr-22 insurance options in south carolina. Moneygeek found that the cheapest provider of sr-22 auto insurance in south carolina was state farm, with an average annual cost of $625 per year for a minimum coverage policy.
cheapest companies for sr-22 insurance in south carolina
these costs are for a policy with the minimum south carolina auto insurance requirements or a full coverage policy that includes $100,000 in bodily injury liability costs per person, $300,000 per accident and $100,000 in property damage costs.
Other factors can contribute to the cost of SR-22 insurance in South Carolina, including filing fees, the severity of your crime, and the loss of previous discounts. With different providers, average insurance costs can vary widely. Be sure to compare the rates of at least three providers to find the most affordable SR-22 insurance in South Carolina.
Those who don’t focus on price can also shop for the best auto insurance in South Carolina.
Although it is often referred to as “sr-22 insurance,” sr-22 is not a type of insurance policy. rather, it is a form that your insurance provider must file on your behalf with the state if you have serious traffic violations on your record. This form indicates that your insurance meets the minimum liability coverage requirements for your state. insurance after a dui can be expensive. In South Carolina, auto insurance providers are required to file SR-22 forms electronically on behalf of customers, but check with your provider for their specific policies.
The violations that require sr-22 insurance differ from state to state. In South Carolina, you will almost certainly need SR-22 coverage if you have any of the following on your record:
- reckless driving
- driving without insurance
- driving with a suspended license
with minor violations, there is generally no need for sr-22 coverage. South Carolina drivers looking for auto insurance after an accident or ticket won’t have to pay the same high costs that come with SR-22 coverage.
The duration of need for SR-22 insurance in South Carolina depends on the severity of the traffic violation. in most cases, the duration is three years. for a revoked license, this period begins when the license is reinstated. the period may be extended depending on the conviction or as a result of a lapse in coverage.
Typically, your insurance provider files an SR-22 form with the state at your request. This is done through the South Carolina DMV after paying the associated filing fees. Since higher-risk drivers must file SR-22 forms, you may be denied coverage from specific providers. When you get coverage, your rates will generally be much higher than they were before the violation. exploring quotes from different providers can help you find rates that fit your budget.
If you have a serious driving violation and your license is suspended, you may need to file an sr-22 form and purchase insurance to reinstate your license, even if you don’t own a car.
in this situation, the most affordable option in south carolina is non-owners auto insurance. These policies are less expensive than a traditional vehicle owners policy. Non-owners insurance is best for those who need proof of insurance, even if they don’t drive regularly, and for those who often drive cars they don’t own, such as people who frequently rent or borrow cars to friends.
The average cost of non-owners auto insurance in South Carolina for SR-22 applicants is $613 per year, but rates vary by company. On average, the cheapest SR-22 non-homeowners insurance in South Carolina is from Geico at a rate of $340 per year. the next cheapest provider is state farm, with an average annual premium of $551.
the average cost of sr-22 auto insurance for non-owners in south carolina
moneygeek determined the rates for non-owner auto insurance for drivers with a dui on their record, purchasing policies in south carolina that cover $50,000 bodily injury liability per person, $100,000 bodily injury liability per accident and $50,000 in property damage liability per accident.
Below are some frequently asked questions about rates, insurers to shop with, and the form-filling process for drivers seeking sr-22 coverage: