It’s not surprising if you don’t know anything about insurance in Florida, including but not limited to an SR22. This happens to be another category of insurance that you should know about, especially considering the state of Florida is requiring more and more residents to obtain this type of coverage.
The state of Florida requires both personal injury protection plus property damage liability insurance for all drivers on the road. Without carrying these coverages as a minimum, constantly and indefinitely, your license stands to be suspended by the department of highway safety.
The no-fault insurance law scenario in Florida
Florida has adopted a no-fault system for the purpose of preventing insurance fraud. This is obvious since it’d then limit litigation and there’s really no need to battle over who’s at fault and you get compensated for your injuries in any case. In the event that a driver is deemed at fault on the scene of an accident, such as in the situation that they rear-end another vehicle, he or she is determined to be a higher risk. If this individual is carrying state-required minimum coverage limits, Florida may determine the need for an SR22–a financial filing for the driver. In certain extraordinary situations a driver who’s at no fault might be able to seek damages for pain and suffering in the courts and the SR22 will avoid license revocation for the at fault party.
When the need for an SR22 arises
SR22, where the SR effectively stands for “safety responsibility” essentially happens to be a document that verifies your having automobile insurance. It’s prepared by an insurance company and only then is filed by the insurance company with the department of motor vehicles. Understand this clearly that an SR22 isn’t an insurance policy by itself, rather it’s a proper evidence for the fact that yes, you actually hold a policy.
As for when an SR22 is required, then it typically happens when a driver seeks to reinstate his or her driver’s license after a PIP or FR Suspension, reckless driving, driving without insurance or perhaps any other kind of violation that has ultimately resulted in a suspension. As for the SR22, then it might be required irrespective of whether or not you own a vehicle. Moreover, it’s generally required for a number of years, typically three consecutive years in the state of Florida.
Various types of SR22 insurance in Florida
Generally there are 3 types of SR22 insurance you’ll find available in Florida. This of course would depend on your personal circumstances. There’s an owner’s certificate that covers liability for any vehicle that’s owned by the covered driver, irrespective of whether or not he’s driving the car. As for an operator’s certificate, then it covers the driver if he doesn’t own his own vehicle, but is driving one owned by someone else. Finally, the 3rd one is an owner-operator’s certificate that covers all vehicles the driver might operate, be it owned by him or others for that matter.
The need for Uninsured Motorist Coverage
Having spoken about the SR22 and when it’s needed, another pertinent inclusion to the motor insurance scenario would also be the Uninsured Motorist Coverage. This is basically a standard addition to an automobile insurance policy. This is again provided in the event that the other driver happens to be both uninsured as well as legally responsible for the accident. Uninsured motorist coverage isn’t required throughout the nation and can be rejected from any policy at a major cost savings. In Florida it’s not necessary for you to obtain this coverage.
The above discussion essentially highlights the not-so-known side of auto insurance and thus enlightens you regarding certain areas which were otherwise dark spots for you until now. For more related information on SR22 in the state of Florida, feel free to contact North Broward Insurance Solutions directly at (954)368-0060 to speak to an independent agent, or visit: ampminsure.org today.