New York does not require drivers to file an SR-22 at any point, but drivers who commit offenses that would warrant an SR-22 in other states can still expect to pay up to 85% more for car insurance than drivers with a clean record. For example, a reckless driving conviction in New York raises insurance rates by an average of 62%.
SR-22 insurance costs $742 to $1,465 per year ($62 to $122 per month), on average, depending on the insurer and the offense that led to the SR-22 requirement. Because an SR-22 flags you as a high-risk driver, your insurer will charge you more than the average policyholder, plus a filing fee of around $15-$25. “SR-22” refers to a form that your insurer will file with the state to prove you have enough coverage to drive legally.… read full answer
Premiums vary based on infraction, company, state, and individual driver. How much coverage you buy also makes a difference in cost. For instance, if you only buy the minimum amount of insurance required by your state, you can fulfill your SR-22 requirement for a lower price than if you purchased a full coverage policy. And since you only need to have an SR-22 for 1-5 years, depending on the state, your premium will eventually go back down.
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