SR-22 insurance can be expensive, but it doesn’t have to drain your wallet. If you need to file an SR-22 in California, there are ways to minimise costs while still staying compliant. Here’s how you can get SR-22 insurance without breaking the bank.
Shop Around for the Best Rates
Not all insurance companies offer SR-22 filings, and those that do charge different rates. Get multiple quotes from different insurers to find the most affordable option. Look for companies that specialise in high-risk drivers, as they may offer better pricing.
Choose the Minimum Required Coverage
California law only requires liability coverage to meet SR-22 requirements. While full coverage is ideal, sticking to the minimum coverage limits can lower your premiums significantly. Save more today with MIS Insurance Services; you can easily get a quote on their website.
Consider a Non-Owner SR-22 Policy
If you don’t own a car but still need an SR-22, you can get non-owner SR-22 insurance, which is usually cheaper than standard auto insurance. This policy provides liability coverage when driving a borrowed or rented vehicle.
Improve Your Driving Record
Your driving history plays a huge role in determining your insurance costs. Avoiding new violations, driving safely, and taking a defensive driving course can help lower your risk profile over time, leading to reduced insurance rates.
Ask About Discounts
Many insurers offer discounts that can lower your premium, such as:
- Bundling policies (e.g., auto and renters/home insurance)
- Taking a defensive driving course
- Paying your premium in full rather than monthly
- Installing safety features in your vehicle
Even as a high-risk driver, you may qualify for at least one discount—so always ask!
Increase Your Deductible
If you opt for comprehensive or collision coverage, raising your deductible can lower your monthly premium. Just make sure you can afford the out-of-pocket cost if you ever need to file a claim.
Maintain Continuous Coverage
Letting your SR-22 policy lapse can reset the required period and increase your rates even more. Always pay your premiums on time and keep your coverage active for the full required period to avoid extra costs.
Work with an Insurance Agent
An independent insurance agent can compare policies for you and find the most budget-friendly SR-22 insurance. They may even have access to special deals that aren’t widely advertised.
Consider Usage-Based Insurance (UBI)
Some insurance companies offer pay-as-you-drive insurance, which bases your premiums on how much you drive and your driving behaviour. If you’re a low-mileage driver, this can be a more affordable way to meet SR-22 requirements.
Improve Your Credit Score
In California, your credit score can impact your insurance rates. If possible, work on improving your credit by paying bills on time and reducing outstanding debts—this could help you qualify for lower premiums.
Do I Need to Have SR22 Insurance Forever?
Perhaps you’re worried that SR-22 insurance is going to cost you a lot of money. In other words, you’re going to be forced to pay for it forever. First of all, know that this is not the case. This isn’t a policy that is going to last a lifetime. But, it can be for a certain length of time. This all depends on your situation and what the driving violation was. For example, you might need coverage for three years in a DUI case, or it could be up to 10 years if there’s a serious violation. Everybody is going to be slightly different.
What’s important is that you don’t let your coverage lapse. If you do, this can mean that the DMV can suspend your driving license. If you commit another driving offense in this time, it can mean that the length of time you need SR-22 insurance will increase. It will be up to you to make sure you lengthen your policy. Otherwise, you won’t be able to drive.
Therefore, you need to keep on top of payments for SR-22 insurance. You want your coverage to be continuous. Thus, always know when renewal dates are and you can get another quote for your policy. You’re going to be told how long you need to have this insurance for; then you can go out and find a provider.
Final Thoughts
While SR-22 insurance is more expensive than regular coverage, there are ways to keep costs down. By shopping around, taking advantage of discounts, and maintaining a clean driving record, you can meet California’s SR-22 requirements without overpaying.
If you’re struggling to find an affordable policy, consider reaching out to an insurance broker who specialises in high-risk drivers—they can help you find the best rates for your situation.