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What is an SR-21?

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2 Answers

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An SR-22 is the name given to a special certificate, a Statement of Financial Responsibility, that some drivers are required to carry. SR-22 certificates are purchased through your car insurance company, but it is not an insurance policy. Instead, the SR-22 indicates that you are being financially responsible and carrying the required insurance coverage for your vehicle.

SR-22 is purchased at the time of purchasing a car insurance policy. The form is generally required for people who have been convicted of a DUI, driving without insurance, or some other serious traffic offense such as vehicular manslaughter. Once the court has demanded you carry SR-22, the requirement is generally for a period of time anywhere from 1 to 5 years in length. If the SR-22 or your car insurance are allowed to lapse during that period, you may have your privilege to drive revoked or suspended.

answered May 8, 2011 by anonymous
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Generally,the main difference would be that the SR-21 is an insurance proof form, whilst the SR-22 is recognized as to be future proof of financial responsibility.

The SR-21 is generally needed after a car accident to make sure that you had auto insurance coverage during the time of the actual car accident. Florida, Georgia, and Indiana are a couple of the states which use a SR-21 form in order to confirm insurance (for different reasons). The SR-21 is common for the state of Indiana’s SR-21, Certificate of Compliance.

In this state, any driver that’s involved in an car crash leading to injury, death, or property damage more than $1,000 is liable for having his insurance carrier electronically send the SR-21 (proof of insurance accident report). The form certifies that the motorist was covered on the day of the automobile accident and has to be presented to the Indiana Bureau of Motor Vehicles (BMV) within ten days of the automobile accident.

The SR-22 is a certification of financial responsibility which are required as part of the procedure to restore your licence after a revocation for a major violation (i.e. Drunk driving) or after specific convictions (i.e. operating without insurance coverage).

answered Apr 11 by Phillip DaCosta (140)
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