Risky drivers are typically required to pay more than others for car insurance in the Prairie State. The riskiest drivers in Mundelein, IL are legally mandated to file an SR-22 in order to drive. Here’s some basic information about SR-22 coverage.
What Does “SR-22” Refer to?
The term “SR-22” isn’t a type of insurance, as one may think. It is a legal document required by the state of Illinois. Insurance companies that serve drivers deemed too risky send SR-22 documents directly to relevant state agencies. Although it’s just a document, people who are required to send this to the state are considered to have “SR-22 insurance”.
Is SR-22 Insurance Expensive?
Various factors; including age, type of car driven, driving record, and credit score are used to determine how likely accidents are to occur with certain drivers. The more likely accidents are, the more customers are asked to pay. People required to send an SR-22 document to the state are generally considered riskier than other drivers by insurance companies. This makes SR-22 insurance more expensive than general insurance.
Understanding the Cost of SR-22 Insurance
Believe it or not, even though customers needing SR-22 documents pose a greater risk to insurance providers, SR-22 documents are free to file. The only cost associated with them is the indirect, increased cost of insurance.
This Agency is an SR-22 Expert
Alamo Insurance & Financial Services is an insurance-oriented firm that helps risky drivers get great deals on SR-22 insurance in Mundelein, IL.
