Florida Form SR22 is the name of the document that provides the insurance verification required for drivers with a suspended license. Depending on the circumstances, court-ordered stays have different insurance conditions, such as coverage limits, compliance period, and payment terms. An assigned case number, which appears on the Motor Vehicle Report (MVR), matches insurance policies with drivers who require SR22. Keep in mind that a qualifying policy can be an auto insurance policy, a motorcycle policy, or an operator’s policy where there is no vehicle to insure.
Uninsured drivers causing an accident with property damage only, require a Personal Injury Protection (PIP) and Property Damage Liability (PDL) policy, with limits of $10,000 each. This type of policy is paid in full for six months with no cancellation option, has a two-year compliance period, and a case number beginning with 2. When people are hurt For an uninsured driver, Bodily Injury Liability (BIL) is required, of $10,000 per person and $20,000 per accident, plus 10,000 PIP/PDL. This type of policy is cancelable and the compliance period is three years. Driver’s license suspension will follow a canceled SR22 insurance policy, unless a new qualifying policy has replaced the canceled one.
After a policy begins, insurance companies have up to 15 days to electronically submit (file) the SR22 to the Florida Office of Financial Responsibility. The Florida Department of Motor Vehicles (DMV) will generally not reinstate a driver’s license until the electronic filing has been received. The whole process is fast and efficient, with the right company, and the license reinstatement can be obtained in two days. However, some companies, generate a “hard copy” for the policyholder, immediately after purchase, and some employees at local DMV offices will reinstate a license when you present the certificate in person. This is the only way a license can be reinstated the same day a qualifying policy is purchased.
In October 2007, Florida Form FR44 replaced Form SR22 for DUI drivers only. SR22 filing is only acceptable on a Florida insurance policy and a $15.00 filing fee is added to the cost. Multiple SR22s, or FR44 and SR22, do not issue on the same controller. A new FR44 filing will replace an existing SR22 requirement. The SR26 form is used to report a canceling policy that has the SR22 filing. As of June 30, 2009, all submissions must be made electronically by the insurance company on behalf of the policyholder. The old pink forms given to policyholders to physically present at the DMV no longer cut it. All SR22 case numbers begin with one, two, or three, indicating different requirements.
Accurate and up-to-date Florida SR22 insurance data is essential information for insurance agents and policyholders. Remember that the SR22 is the mechanism by which proof of insurance is established, and the insurance policy itself is basically the same with or without the SR22. Like any other insurance policy, how much SR22 insurance costs for each driver depends on the various and detailed information collected in the quoting process. Here’s one last fact that many policyholders have found very helpful: For a number of reasons, a scooter, insured on a motorcycle policy, costs much less than a qualifying auto insurance policy or an operator’s policy that doesn’t insure any vehicle.