Average Cost Of SR22 Insurance In Florida

What is SR22 Insurance?

SR22 insurance, also known as an SR22 bond, is a type of liability coverage that is required by the state of Florida. It is a form of proof that you have the financial responsibility to pay for damages caused by a car accident. An SR22 bond shows that you have the minimum required liability coverage for your state. It is typically required for individuals who have been convicted of certain driving-related offenses, including driving under the influence (DUI).

Who Needs SR22 Insurance in Florida?

In Florida, SR22 insurance is typically required for drivers who have been convicted of a DUI or other serious traffic violations, such as driving without insurance or driving with a suspended license. It is also sometimes required for drivers who have had their license suspended or revoked due to too many points on their driving record. Additionally, some drivers may be required to carry SR22 insurance if they have been involved in an at-fault accident without insurance.

What Is the Average Cost of SR22 Insurance In Florida?

The average cost of SR22 insurance in Florida varies depending on the driver’s age, driving record, and the type and amount of coverage they require. Generally, SR22 insurance tends to be more expensive than standard insurance policies. In Florida, the average cost of SR22 insurance is between $100 and $150 per month, but this can vary widely depending on the driver’s individual circumstances.

What Factors Impact the Cost of SR22 Insurance?

When determining the cost of SR22 insurance, insurance companies will take into account a variety of factors, including the driver’s age, driving record, and the type and amount of coverage they require. Additionally, the type of vehicle being insured and the state in which the driver lives can also have an impact on the cost of SR22 insurance.

Do I Need an Attorney to Help Me With SR22 Insurance?

If you are required to carry SR22 insurance in Florida, it is important to make sure you are adequately covered. An experienced attorney can help you understand your legal options and ensure that you have the proper coverage in place. Additionally, an attorney can help reduce the cost of your SR22 insurance by negotiating a better rate with the insurance company.

Conclusion

SR22 insurance is required for certain drivers in the state of Florida. The average cost of SR22 insurance in Florida is between $100 and $150 per month, but this can vary depending on the driver’s age, driving record, and the type and amount of coverage they require. An experienced attorney can help reduce the cost of SR22 insurance by negotiating a better rate with the insurance company.