SR22 Insurance Washington
If you have been part of incidents that have turned you into a “high risk” driver, such as driving under the influence of alcohol and drugs, and driving without insurance, or incidents resulting in you having had your drivers license revoked, you will have to get SR22 insurance, Washington requiring this endorsement to be placed on your insurance policy in order for you to meet the state’s requirements targeting financial responsibility. The SR22 insurance form stands as proof that the drivers deemed as “high risk” have liability for their cars.
The SR22 certificate attached to the driver’s regular auto insurance policy is filed by the driver’s insurance providers with the Department of Motor Vehicles, which are the ones that require this form from drivers who are considered a threat to motorists. This way, the DMV protects the general public from high risk drivers. Most of the times, the SR22 form is required by the DMV from drivers who have been caught driving under the influence of alcohol and drivers who got into accidents and were not insured.
There are 3 different SR22 endorsements. The owner’s certificate is proof that all vehicles owned by the driver are covered by the insurance; the operator’s certificate is proof of financial responsibility for the situations when the driver does not own a vehicle; the owner-operator certificate is proof of financial responsibility for all vehicles – owned or not by the driver.
In Washington, SR22 insurance compels the driver to carry the following liability limits:
- $25,000 – bodily injury/ person;
- $50,000 – bodily injury/accident;
- $10,000 – property damage (these are all minimum amounts).
If Washington requires a driver to have an SR22 form, he will have to get in touch with a licensed insurance provider and check that his insurance policy meets the above minimum requirements regarding the liability limits. In the state of Washington, auto insurance providers are not required to offer SR22 insurance, so the driver may see themselves forced to switch insurance providers so that they can find one that also offers the SR22. However, a lot of providers can offer the SR22 insurance, but they will usually charge a higher price.
In order to get SR22 in the state of Washington, you have to follow some simple steps. First, check with your current insurance company to see if they are able to offer you the SR22 insurance car Washington. If they are able to file the SR22, ask them about their fee. Your rates can be raised according to the reason why you were required the form. The raise can vary between a few hundred dollars (for personal auto policy) to thousands of dollars (for commercial auto policy).
After your policy is written and you pay for the processing fee, a copy of your SR22 insurance will be sent to the Department of Licensing by the insurance company. An SR22 insurance car Washington will have to be carried by the driver for 3 years (36 consecutive months). The driver will have to renew their policy at least 15 days prior its expiration, otherwise the letter sent to the state of Washington will result in the suspension of their driver’s license. However, the state will reinstate the driver’s license after the policy is renewed. In order to avoid complications, it is advisable that the driver renew his policy at least 45 days prior to its expiration.
In order for them to avoid the SR22 insurance, Washington offers drivers the possibility to deposit $60,000 to the State Treasurer or get a surety bond from a surety company that is licensed in the state.