If you’ve been in a car accident and have lost your license, you may need to obtain SR-22 insurance in Chicago. Unlike a traditional car insurance policy, this type of policy covers you in the event of a severe accident. However, unlike other types of car insurance, this type of coverage must be maintained for three years. If you don’t keep this type of insurance, your car insurance provider must notify the state of the lapse in your coverage. If the state of Illinois detects a lapse in coverage, you could lose your driving privileges and be forced to repeat the SR-22 process.
In addition to being a nuisance, this type of policy costs twice as much as standard car insurance. However, this type of coverage is necessary to get back in good standing with the DMV and the state. After all, driving while intoxicated or driving under the influence is a severe offense, and it’s almost inevitable that you’ll need SR-22 insurance in Chicago once your license has been suspended or revoked. DUI convictions carry high fines and can negatively affect your professional and personal life.
Fortunately, SR22 Insurance Deals in Chicago isn’t challenging to obtain. In most states, you can choose to either purchase a policy online or with a local company. The latter type will usually cost less than a traditional insurance policy but require that you provide proof of insurance in case of a car accident. If you’re looking for a low-cost option, you can consider non-owner SR-22 insurance.
When looking for SR-22 insurance in Chicago, choose an auto insurance company that is authorized to operate in your state. Typically, your current auto insurance company won’t be willing to provide you with an SR-22 certificate, so it’s best to opt for a different policy. Fortunately, American Auto Insurance is ready to help you legally get back on the road.
Once you’ve obtained SR-22 insurance, it’s time to renew your policy. You must continue your coverage every 36 months, and the renewal must be received by the Secretary of State’s office at least 45 days before your license expiration date. Failure to renew the certificate will result in your license being suspended. If you don’t continue, your insurance provider will have to notify the state and suspend your driving privileges.
The reinstatement process can take some time, but it’s a crucial one. You’ll be required to pay a deposit worth $70,000 with the state treasurer or obtain a surety bond with court approval. If you’re a resident of another state, you can apply for an affidavit that waives the SR-22 requirement in Illinois. Getting SR-22 insurance is a significant responsibility, so you need to choose a company that understands the SR-22 process. You’ll need to find a policy provider with excellent customer service ratings and a high level of customer service.
While you’ll need SR-22 insurance in Chicago if you’ve been convicted of drunk driving or have a DUI, you’ll need to pay a premium. The average non-owner car insurance policy costs $846 per year. However, this amount can vary from one insurance provider to the next. State Farm, for instance, offers SR-22 insurance for $412 per year. USAA provides a policy for only $468 per year.