Among the most frequently asked question about SR22 insurance is as to what, it is. This is a question commonly asked by those that are told they will need to purchase such insurance. Additionally it is a question asked by people upon encountering a mention of their insurance someplace for their first times. In doing this, the latter are motivated by curiosity in an effort to learn one new thing or interested in understanding whether the stated SR22 insurance is something which may be of aid to them.
So, what is SR22 insurance?
Well, in order to understand what the SR22 insurance is correctly, it is vital to take cognizance of the laws governing motor vehicle insurance, and what happens when these laws are broken. It is what will form a background upon which to understand the SR22 insurance. And this is where it ends up that out of social concern, authorities put in place mandatory insurance requirements for drivers. To put it differently, there is a minimum amount of insurance that every vehicle must have, before it is legally put on the street. The spirit of the law is to safeguard the interest of people who might be hurt or who might have their precious property damaged in a collision involving an automobile. In the absence of such insurance, it would be upon the driver to personally cover these damages – and there is not any guarantee that he will have, at the time of the collision, sufficient money to cater for the same. This is the reason why lawmakers, in their wisdom, deemed it essential for drivers to have a certain degree of insurance on their car before they could drive.
That notwithstanding, Often it happens that some people still choose to drive without insurance, either like where the policy has expired, but they are not aware of the same, or intentionally – such as where they know that their auto insurance has died, but they still continue driving. Now if such people be caught driving in such a state, what generally happens is they are heavily penalized, and then required to have a particular form of insurance, before they could drive. That special sort of insurance required of these is the SR22 insurance we are talking about. It is actually a specialized form of automobile insurance, given to those who have been convicted of driving without insurance or for driving without adequate insurance and click here. An insurer, providing insurance to these people is required to submit a form, called SR22, to show they are now adequately insured.