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What is meant by SR-22 insurance?

| Oct 26, 2016 | Drunk Driving |

One of the possible penalties of a DWI conviction is an increase in insurance premiums. This can be a substantial increase, and it could last for more than just a year or two.

If your driver’s license was suspended or revoked, then the state will require that you file an SR-22. This is not insurance. It is a form requiring the insurance company to let the Department of Motor Vehicles know if your auto insurance policy was canceled.

Should the SR-22 not be kept current, the insurance company is responsible for notifying the Motor Vehicle Division that even though the SR-22 is still required, it is no longer in effect. Once notified, the DMV will suspend your driver’s license.

The Colorado Division of Motor Vehicles completes the SR-22 rider when liability insurance is purchased. The insurance agent you bought your policy from can also provide the SR-22 form. Should you choose to change from one insurance company to another, you must get a new SR-22 on file before canceling the old policy and SR-22.

A conviction for a DWI can affect your life in many ways, from the significant fines to the loss of your driving privileges to the installation of an ignition interlock system. This is why it is important to build a strong defense strategy against the charges. An experienced DWI attorney can provide you with your legal options. In addition, he or she can represent you during the administrative hearing on whether your driver’s license will be suspended. Your attorney will be able to provide you with wealth of information.

Source: colorado.gov, “SR-22 and Insurance Information,” accessed Oct. 26, 2016

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