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Sr-22 is not a type of automobile insurance in Florida. Is the name of the form used by the automobile insurance companies to certify compliance with the people needed to maintain the minimum limits of liability insurance. The Sr-22 form is submitted by insurance companies car to the Bureau of the Florida financial responsibility for insured persons who are mandated to show proof of liability insurance.
For most residents of Florida the minimum mandatory auto insurance, as outlined in Florida No Fault Law, is $ 10,000 of protection Personal Injury Liability and $ 10,000 assets. Bodily Injury Liability indicated by a SR-22, in addition to the requirement of the No Fault Act is for people who meet certain criteria. Drivers who have caused injuries or received applicable traffic violations, such as driving under the influence, or suspension for too many points may require an SR-22.
Minimum Bodily Injury liability limits to be in compliance a Florida SR-22 is $ 10,000 per person and $ 20,000 per accident. A combined single limit of liability in the amount of $ 30,000, also would satisfy the requirement for SR-22.
The insurance premium Bodily Injury Liability is the same as your insurance company, regardless of an SR-22 filing requirement. The only additional cost to the insured for the SR-22 in Florida, is the application fee of $ 15.00. However, drivers who are required to file an SR-22 are usually charged more than other factors your insurance premium by reason of the SR-22, such as an accident in guilt or a conviction for driving under the influence.
Once the mandate of the Office of Financial Responsibility to take to a file SR-22, to do so may result in your driver's license and vehicle registration or be suspended. reinstatement of his driver's license and registration or only occur after the proof of insurance certificate responsibility required in the form of an SR-22 is filed with the Office of Financial Accountability. Reinstatement fees apply in addition to filing fee $ 15.00.
About the Author:
Author, Clifford Schimek is a graduate of Florida International University, 1980. He is President of Auto Plus Insurance, a family owned and operated Florida auto insurance agency. For additional helpful information please visit our website at http://floridaautoplusinsurance.com
Article Source: ArticlesBase.com – Sr-22 Florida Auto Insurance Basic Information
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