After getting a DUI in Louisiana, you may worry about losing your license. You may also feel overwhelmed by insurance premium hikes and possibly replacing your car. If you caused damage to someone else’s property or person that exceeds the payment cap for the insurance policy you purchased, you may worry about your financial stability as well.
To make matters worse, you may receive a notice from the state that you need an SR-22. When this happens, your insurance company needs to file an SR-22 form on your behalf. Not every auto insurer provides this service, so you may need to shop around for one that does. This limits your options when looking for competitive rates.
The SR-22 is not an insurance policy. It is an official document proving that you meet your state’s minimum requirements for liability insurance. If you lapse on coverage for any reason, your insurer may then inform the state. This may lead to either the suspension or revocation of your license. For this reason, people may also refer to it as a certificate of financial responsibility.
Drivers who do have SR-22 insurance dislike the process. However, it may come down to a choice between this and relying solely on carpooling and public transportation. To retain independence, many choose to go through the hassle of filing an SR-22.
Other drivers may believe they can put this off if they do not own a car. However, if you drive someone else’s car or rent one, you may need a non-owner insurance policy. A gap in insurance coverage may also cause companies to see you as a high-risk driver, which may lead to higher insurance premiums even after the SR-22 requirement no longer applies.
This article provides information on SR-22 insurance. It should not be misconstrued as or used in place of legal advice.