Is it possible to get a cheap SR22 insurance in South Carolina?
If you have accumulated traffic violations such as reckless driving, driving under the influence (DUI), driving without insurance and at fault accidents, South Carolina will mandate you to file for an SR-22 certificate. An SR22 certificate or bond is mostly perceived as a type of insurance but is actually not. It is a proof that you have enough liability insurance coverage in case you caused injury or damage during an accident.
Filing for an SR22 is usually more expensive than a regular auto insurance. It is not advisable to purchase a policy right away just because it sounds cheap or you just badly need to get back on the road the soonest possible time.
It is necessary to have a basic knowledge of SR22 insurance. You should be very critical in understanding the market as not to be regretful in the end. Insurance rates vary among different insurance companies so you need to identify the factors that have impact on its rates.
Shop around for SR22 insurance rates. Each rate could be significantly different among different insurers. Each insurer has its way of classifying you to a specific rate of insurance premium. What one company considered as a high risk factor might be considered as low to the other company.
You may opt to shop for quotes via online. You only have to answer their questionnaire online and they can immediately classify you as to what rate you belong to based on the information that you have given to them. An SR22 is usually kept to a minimum of 2 years or more and is renewable. But if you have maintained a good driving record within that period, you may not be asked to renew your SR22.