Rhode Island 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 141% more for car insurance than drivers with a clean record. For example, a reckless driving conviction in Rhode Island raises insurance rates by an average of 122%.
SR-22 insurance costs an average of $62 to $122 per month, or $742 to $1,465 per year, depending on the insurer and the offense that led to the SR-22 requirement. Insurance companies will also charge a fee of around $15 to $25 to file an SR-22 with the DMV.
“SR-22” refers to a form that your insurer will file with the state to prove you have enough coverage to drive legally. Because an SR-22 flags you as a … read full answerhigh-risk driver, your insurer will charge you more than the average policyholder.
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.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.