SR-22 insurance is a type of insurance policy normally required of those people convicted of a DUI or drunk driving related offense. The name of the policy comes from the form required by the DMV from the insurance company; form SR-22.
In its simplest form, an SR-22 insurance policy is a high risk auto insurance policy for DUI offenders that forms an agreement between the DMV and the respective insurance company that says that, ‘if for any reason you do not fully insure this person you will immediately notify us.’ And if a high risk SR-22 insurance company notifies the DMV of the fact that they are not insuring an individual (for any reason; discussed below) the DMV will promptly suspend that person’s drivers license.
Reasons for an SR-22 Insurance Provider to Suspend Your Policy:
1. Late making policy payments. If for any reason you do not make your agreed policy payments on time the SR-22 insurance provider can suspend your policy for failure to pay.2. Violating the terms of your SR-22 policy. If you are found violating any of the specific terms of your policy the high risk auto insurance provider will suspend your policy for violating the terms of the agreement.3. Excessive action. If you display excessive action on your policy; meaning you get another DUI or drunk driving offense they will cancel/suspend your active policy. In addition to getting another DUI, they could suspend your policy if you have excessive accidents, and/or other infractions outside of your defined agreement of coverage.
If your driving privileges are suspended by the DMV for failure to comply with minimum SR-22 insurance requirements it will be reflected on your drivers license. So just realize that each time you’re late making your policy payments to your SR-22 insurance provider it is in essence being recorded as a drivers license suspension on your drivers license record.
