If you have had your license suspended or revoked for any reason you
will need to carry SR-22 insurance in order to have it reinstated. An
SR-22 is an agreement that you will obtain insurance and will
maintain financial responsibility for a mandated amount of time. The
SR-22 is in addition to your regular auto insurance policy.
Can a Person Obtain a SR-22?
SR-22 insurance in Waukegan IL can be obtained at any carrier of auto insurance. Once a judge has determined that you have the right to have your license reinstated you must contact an insurance carrier and purchase a policy with the addition of SR-22 insurance. Once you have done this the insurance company will file the SR-22 with the DMV and you will have to wait for your letter of reinstatement. This could take up to 6 to 8 weeks to process, and in the meantime you must still pay your insurance premiums even though you are not allowed to drive yet. However, this does not mean that any insurance carrier will approve you. If you have had your license suspended or revoked due to a high risk situation such as a DUI or failure to maintain financial responsibility they may deny you auto or SR-22 insurance. If they do approve you but feel as if you are high risk they may only provide you with insurance at a very expensive premium. The reason that an SR-22 costs additional money is because it takes additional work on behalf of your insurance company. Every month they have to report to the DMV that you still have insurance and have paid your SR-22 monthly dues. In the event that you do not pay your insurance and SR-22 monthly dues during your mandated amount of time your license will be revoked. Once your license has been revoked it will remain so for an additional amount of time to be determined by a judge. It is nearly impossible to find an insurance agency willing to approve you for a second SR-22 insurance in Waukegan IL due to your failure in the past to maintain such an agreement.
How to Obtain SR-22 Insurance
without Auto Insurance
If you do not have a car and are not
going to be purchasing auto insurance you will need to get personal
liability driver insurance. The SR-22 can be filed along with this
type of insurance to satisfy the agreement between you and the DMV.
Personal liability driver insurance policies cover the cost of
damaging another person’s vehicle including the one you are driving
and the cost of any medical bills in the event that you are the
liable party in an accident. This insurance is required for not only
people who are trying to satisfy an SR-22 agreement but also any
person who is going to be driving a motor vehicle but does not have
an auto insurance policy.
If you need SR-22 insurance in Waukegan IL, contact Alamo Insurance & Financial Service. They have been providing insurance to residents in the area for over 30 years and because they are family owned and operated they have the ability to provide you with personalized one on one customer service.
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