An SR-22 in Michigan is a certificate proving that a high-risk driver has the legal requirements for car insurance in Michigan. So-called SR-22 insurance raises annual car insurance premiums by roughly $100 in Michigan, compared to standard rates. In addition, there's usually a fee of $15 to $25 for your insurance company to file your SR-22 documentation with the state.
Your SR-22 must be maintained with Michigan's licensing agency for 3 years, according to Michigan law. If your insurance coverage lapses during that time, your insurance company is required to report you to the state. Your SR-22 period resets in that case, and you are required to pay any SR-22 related fees again.
What You Need to Know About SR-22 Insurance in Michigan:
Who Needs SR-22 Insurance in Michigan? Michigan requires SR-22 documentation for drivers who are convicted of serious traffic violations. The list includes reckless driving, hit and run, and DUI, among other major offenses.
How Much Does SR-22 Insurance Raise Premiums in Michigan? An SR-22 in Michigan increases car insurance costs by approximately $100. That is roughly 8% more than the average Michigan resident pays for car insurance. The increase is proportionate to your traffic violation - multiple DUIs will raise rates more than your first speeding ticket.
What is Minimum SR-22 Car Insurance Coverage in Michigan: Drivers need bodily injury insurance of at least $50,000 in bodily injury liability insurance per person ($100,000 per accident) plus $10,000 in property damage liability insurance. Drivers also need at least $250,000 in personal injury protection coverage (with some exceptions for drivers with Medicaid or Medicare) as well as $1,000,000 in property protection insurance.
How to File SR-22 Documentation in Michigan: Your insurance company will file the SR-22 certificate with the state for you. For the next 3 years, you need to keep your insurance policy active with no lapse in coverage.
It takes 3 to 5 years for car insurance to go down after an at-fault accident in most cases. Three years is a common penalty period for property damage claims. Insurance companies penalize drivers longer for accidents causing serious bodily harm or resulting from reckless or intoxicated driving. Premium increases vary widely by state and insurer, but the average increase is 41% after a single claim of $2,000 or more.
Yes, you can get car insurance with a suspended license if you have a hardship license to drive to work, school, and medical appointments. Or, some car insurance companies may be willing to insure your car against non-collision damage —theft, fire, flood, vandalism, falling objects, etc.—if you turn in your plates and store the vehicle for as long as your driver's license is suspended.
You may have to shop around for coverage. If your...
Most insurance companies check your driving record for the past three to five years, meaning if you had a violation outside this time period, it will not affect your insurance premiums. Some states regulate this “look-back” period, however, making it longer or shorter. For example, Massachusetts allows insurance companies to look back at 10 years of driving records. Virginia limits insurers to checking only three years of history.
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