WalletHub, Financial Company
@WalletHub
An SR-22 in Nevada is a certificate of financial responsibility that proves you have the proper liability coverage in Nevada. SR-22 insurance is required for high-risk drivers, such as those convicted of DUI or reckless driving.
SR-22 insurance raises annual car insurance premiums by roughly $94 in Nevada, 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 Nevada's licensing agency for 3 years, according to Nevada 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 Nevada:
- Who Needs SR-22 Insurance in Nevada? Nevada 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 Nevada? An SR-22 in Nevada increases car insurance costs by approximately $94. That is roughly 11% more than the average Nevada 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 Nevada: Drivers need bodily injury insurance of at least $25,000 in bodily injury liability insurance per person ($50,000 per accident) plus $25,000 in property damage liability insurance.
- How to File SR-22 Documentation in Nevada: 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.
Summary: SR-22 Insurance in Nevada
| SR-22 Needed After | Serious traffic violation and/or license suspension |
| Required For | 3 years |
| Average Cost Increase | $94 |
| Min. Bodily Injury Liability Coverage | $25,000 per person / $50,000 per accident |
| Min. Property Damage Liability Coverage | $25,000 |
People also ask
How long does it take for car insurance to go down?
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.
Rates increase after an...
read full answer by Merrill Burchell, Car Insurance WriterCan I get car insurance with a suspended license?
Yes, you can get car insurance with a suspended license, if you have a hardship or restricted license to drive to work, school, and medical appointments. In some cases, you may also need to get an SR-22, which will make getting insurance a lot harder. You should also be aware that you will be seen as a high risk driver, and will have higher rates.
You will have to shop around for coverage. If...
read full answer by Merrill Burchell, Car Insurance WriterHow far back does insurance check your driving record?
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.
When you apply for, or renew,...
read full answer by Merrill Burchell, Car Insurance WriterDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.