SR22 Insurance with Low Rates in Illinois
SR22 & Non-Owner Insurance in Chicago, Peoria IL and Springfield, IL
What is SR22 Insurance?
SR22 insurance, often referred to as a certificate of financial responsibility, is not your typical insurance. It’s a vehicle liability insurance document required by the Illinois Department of Motor Vehicles (DMV) for high-risk insurance.
If you’ve committed traffic offenses such as DUIs, reckless driving, or driving without insurance, you might be required to hold an SR22 insurance in Illinois. This document is essentially a guarantee from your insurance company to the state that you’re maintaining your car insurance coverage.
Is SR22 Insurance Required in Illinois?
Yes, SR22 insurance is indeed required in the State of Illinois. If you’ve had certain types of traffic violations, the state mandates that you hold this specific insurance for a period of three years. This requirement is put in place to ensure you maintain the necessary level of coverage, providing a degree of protection for yourself and other road users.
How to get SR22 Insurance in Illinois?
In Illinois, SR22 insurance can typically be added to your existing auto insurance policy. It’s a simple process that involves informing your insurance company about the requirement. They will then file the SR22 form on your behalf with the Illinois Secretary of State’s office. However, not all insurance companies offer SR22. Some might even cancel your policy upon learning that you require one due to the high-risk nature associated with it.
Therefore, if your current provider doesn’t offer SR22, you might need to search for another insurer who does. It’s also worth mentioning that non-owner SR22 insurance is available for those who don’t own a car but are required to prove financial responsibility for license reinstatement.
Is SR22 Insurance Required if I Don’t Own a Vehicle?
Absolutely! Even if you don’t own a vehicle, SR22 insurance is still a requirement in certain cases. This is where non-owner insurance comes into play. Non-owner SR22 insurance is designed specifically for those who need to meet legal requirements for insurance coverage but don’t own a vehicle. This special form of SR22 insurance provides just the right coverage to protect you and meet legal requirements. Keep in mind, obtaining non-owner SR22 insurance is a vital step towards getting your driver’s license reinstated if it’s been suspended. So, no car doesn’t mean no SR22.
What is Non-Owner SR22 Insurance?
Non-owner SR22 insurance in Illinois is specifically designed as a liability insurance for drivers who do not own a vehicle. This unique form of coverage provides a safety net for those who may occasionally operate a vehicle that isn’t theirs. For instance, if you’re borrowing a friend’s car or renting a vehicle, non-owner insurance will cover the costs of any damages or injuries you might cause while driving.
It’s important to note, however, that non-owner insurance does not offer coverage for damages to the vehicle itself. It primarily focuses on safeguarding the driver from potential liability.
In the context of license reinstatement, securing a non-owner SR22 insurance can often be a prerequisite, demonstrating to the State of Illinois that you hold the necessary insurance coverage to responsibly return to the road.
Restrictions with Non-owner Policies
While non-owner SR22 insurance covers drivers in a number of scenarios, there are certain restrictions associated with these policies. Most notably, non-owner insurance does not apply to vehicles that you own, or any vehicle owned by someone in your household. It also does not extend to vehicles that the driver has available for regular use.
Consequently, if you’re driving a car that falls into any of these categories and an accident occurs, your non-owner SR22 insurance would not cover the costs of damages or injuries.
Given these restrictions, it is highly recommended to consult with your insurance agent or company for advice.
What is the Cost of Non-Owner SR22 Insurance in Illinois?
Non-owner SR22 insurance policies in Illinois can be surprisingly affordable, with rates starting as low as $35 per month. However, it’s important to note that the cost of your policy can vary based on several factors. Key among these are your driving record, your age, and your geographical location.
For instance, an individual with a clean driving record, who is of an older age group, and resides in a low-traffic area may get a lower rate compared to a younger driver, with a few infractions and living in a busy city.
Bargain Insurance Connection is here to help you navigate these factors and find the most affordable rate. Get in touch with us for a free quote tailored to your unique circumstances and requirements.
What Are the Eligibility Requirements for Non-Owner SR22 Insurance in Illinois?
To qualify for a non-owner SR22 insurance policy in Illinois, there are specific requirements that you must meet. A crucial requirement is that you must not possess a vehicle registered in your name. This type of insurance is specifically designed for individuals who do not own a vehicle.
Furthermore, you should not be driving someone else’s vehicle on a regular basis. Non-owner SR22 insurance is primarily intended for occasional drivers, those who rent cars, or individuals who borrow vehicles infrequently. If you frequently operate another person’s vehicle, you may not qualify for this type of insurance.
What Happens if I Fail to Maintain My SR22 Insurance Coverage?
If you fail to maintain your SR22 insurance for the mandated period, which is usually three years in Illinois, it can lead to severe consequences, including the suspension of your driving license. The insurance company will notify the state through an SR26 form, signaling your lack of current SR22 insurance. This lack of continuous coverage is a violation of the conditions for license reinstatement, leading the state to immediately suspend your license again.
To regain your driving privileges, you’ll need to renew the SR22 insurance and pay a reinstatement fee, a process that can take both time and money. Therefore, ensuring the continuity of your SR22 insurance is crucial to avoid these complications.
What is an Illinois Insurance Waiver?
The Illinois Insurance Waiver or Out-of-State Affidavit is specifically designed for former Illinois residents who have relocated out of state during their SR22 insurance period. In such a scenario, these individuals are no longer required to file SR22 Insurance in Illinois. This waiver proves to be a relief for those who have moved to a different state, eliminating the need for them to maintain their SR22 status in Illinois.
However, it’s important to note that if you choose to return to Illinois within three years of the waivers acceptance, the obligation to file an SR22 insurance is reinstated. This means you must once again secure SR22 insurance as part of the license reinstatement process in Illinois, adhering to the state’s regulations.
Areas We Serve in Illinois:
Get Your SR22 Insurance Today!
At Bargain Insurance Connection, we’re committed to making the process of obtaining SR22 Insurance in Illinois as straightforward and hassle-free as possible. We can assist you in filing the SR22 with the Illinois Secretary of State to help you reinstate your license efficiently. To get started, you can take advantage of our free quote option below, or feel free to give us a call at 1.877.453.7374.