SR22 Insurance Nevada
Drivers in Nevada who want to have their drivers license reinstated after getting a DUI in the state or being convicted for reckless driving, driving without insurance, or any other driving violation that leaded to the suspension of their drivers license, must get the SR22 insurance – Nevada requires this from drivers who own a vehicle as well as for drivers who do not own a vehicle. In Nevada, high risk drivers will have to carry the SR22 form for several years – e.g. for 5 years, if the driver has gotten a DUI conviction. The SR22 is not actually an insurance policy, but a proof that the driver has a policy.
In Nevada, all drivers are compelled to carry liability insurance for all vehicles that are actively registered; also, insurance has to be continual. Drivers are also compelled to carry the card proving that they have insurance in their vehicle all the time. The state of Nevada requires an amount of liability insurance reaching $15,000/person for BI (bodily injury) injuries (maximum amount/person), $30,000 for all BI injuries suffered by all persons and $10,000 for property damage.
When you need to get your drivers license reinstated, your insurance company will notify the state that the required Nevada SR22 insurance form has been filed on your behalf. If your policy is cancelled, your insurance company will notify the Nevada Department of Motor Vehicles, which will suspend your driver’s license again. Usually, the SR22 insurance has to remain in effect for 36 months. If you fail to pay the SR22 on time each month like you are supposed to, your insurance company may have to file a SR26 form with the DMV, and your driver’s license may be suspended. In this case, you would have to start over again with your 3-year SR22 insurance.
A SR22 insurance car Nevada can be acquired by both owners of a vehicle and drivers who do not own a vehicle, as it offers different types of coverage – liability and full coverage. The SR22 auto insurance requirements in Nevada can be met through a motorcycle policy.
Drivers required to file the SR22 form in order to have their driver’s license reinstated do not have to purchase this type of coverage prior to meeting the other reinstatement requirements; they can purchase the coverage when they are ready to apply for their license.
Nevada requires auto insurance companies to file the SR22 form with the state to check if the liability insurance of high risk drivers is still active. However, drivers do not receive any notifications from the state concerning their driving status; it is the job of the insurance company to file the forms and renewals when necessary.
There are 3 kinds of SR22 forms that can be filed in Nevada:
- a certificate to prove the financial responsibility of the driver who owns a car;
- a certificate to prove the financial responsibility of the driver who owns a motorcycle;
- non-owner insurance for drivers who rent or borrow vehicles or for those who drive commercial vehicles.
Once the insurance company receives the request for SR22 insurance car Nevada, it forwards it in order to be filed with the state’s DMV within 30 days. After the request is accepted, the driver will receive the SR22 and the acceptance letter from the DMV.
There are also some opportunities that spare drivers from getting the SR22 insurance – Nevada will settle for bonds (in amounts varying between $30,000 and $50,000) from an insurance company that is insured with the state, bonds that have to be deposited with the State Treasurer Office.