SR22 Insurance Missouri

Minimum Coverage

Filing of SR22 by the driver's insurance company with the state's licensing and motor vehicles department guarantees that the company has provided minimum liability insurance coverage to the filer as stipulated by the state laws. The minimum coverage levels as per Missouri's laws are $25,000 per person and $50,000 per person for cases of the victim being injured, and $10,000 per accident to cover other's property damages. Uninsured motorist injury coverage is also required in Missouri. SR22 filing cannot be done without purchasing insurance. The cost of purchase depends upon several factors such as driving history, driving experience and whether it is an owner or non-owner policy.

Motor Vehicle departments are not mandated by law to maintain databases containing information about an individual's insurance policies, but they are obligated to record issue of forms (SR-26 or FR-4) pertaining to providing policy cancellation, renewal or lapse notification to Missouri DMV or Secretary of State. A copy of this form is also sent to the owner mandating him to produce SR22 insurance Missouri proof for preventing the suspension of his driver's license. License will be reinstated only after a proper insurance policy is put in order for the DMV to see.

Fee and Expenses
Driving records can be procured from the state's DMV with its price ranging between $5 and $10. After understanding the record, DMV should be contacted for knowing what other fees and expenses are required for reactivating your driving privileges. For instance, a $55 reactivation fee is charged for reinstating suspended licenses. These fees continue to increase with each violation resulting in the suspension of the driver's license. For instance, the reinstatement fee can be over $400 for an individual's third subsequent suspension. Depending on the gathered information, the policy's quotes and time period are decided for you.

Period
SR22 insurance Missouri is usually required for a maximum of 3 years. After receiving the filing request, the insurance company sends the SR22 to the state's Secretary. If the request gets accepted, the driver shall receive a Secretary of State letter along with the SR22 proof. This proof is different from the usual insurance binder or insurance certificate and is a financial responsibility form or certificate issued by the insurance company.

Options Available
SR22 insurance can be bought along with full coverage as well for covering your and your family members' injuries and property damages during accidents as a normal SR22 insurance only provides liability coverage. Hence, it is always best to go out shopping for SR22 policies so that you get to choose the most suitable one for you.