Yy_Ohio SR22 Insurance
Do you live in Ohio and need SR22 insurance? We can help! Our agents can help find you the cheapest SR22 insurance in Ohio by working with multiple auto insurance companies thus finding you the best possible rates in the state. Simply fill out our safe and secure quotes form above and our agents will get to work for you immediately. And the best thing of all is that we give quotes for free and there is absolutely no obligation to buy.
What is Ohio SR22 Insurance/Bond?
An SR22 bond is an insurance for drivers that are considered “high risk”. Some drivers are required by the state of Ohio to carry SR22 insurance due to a previous D.U.I. charge, or getting caught driving with no insurance. Once the state requirements have been met, you must hold the insurance for no less three years. In most cases, if you don’t keep up the payments it will lapse and the insurance company will inform the DMV and your driver’s license will be revoked immediately.
An SR22 is a minimum liability insurance which means that it will pay the limited amount of damages and personal injury due to the other party in the event of an accident. This insurance is required to be in the driver’s name only and will not cover any of their personal damages to their own vehicle.
An SR22 can sometimes be difficult to obtain. The person required to have it must apply with an insurance company and can sometimes only obtain this insurance through a high-risk company, which means it will be more costly to have. Once the insurance has been established, the insurance company will send the DMV the bond filings and they are usually filed within 24 hours of acceptance. An SR22 bond in Ohio may be difficult to obtain but is not completely impossible.
If the driver is not able to obtain an SR22 bond on his own and is turned down by various insurance agencies, he has the choice of joining the state risk pool. This pool consists of drivers who are considered to be an extremely high risk and the driver is assigned to an insurance company. The insurance company guarantees that they will cover the driver, but it will come at a very high cost.
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