Cheapest SR-22 Insurance In Indiana For 2024
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Looking for affordable SR-22 insurance in Indiana? Whether you’re getting back on the road after a DUI or other serious violation, finding the right coverage at the best price is crucial. In this guide, we’ll explore the cheapest SR-22 insurance options available in Indiana, helping you navigate the process and get back behind the wheel with confidence.
SR-22 insurance serves as proof of financial responsibility required by the state after a serious violation like DUI or reckless driving. In Indiana, adding SR-22 to your car insurance policy comes at an extra cost.
Based on my industry experience, these cost increases can vary widely. Some insurers may decline coverage for SR-22 holders, making it challenging to find suitable options. However, I’ve conducted research to identify top insurance providers in Indiana offering SR-22 coverage and their average prices. While individual rates may differ, this guide will help you navigate the process effectively.
Our Methodology
To identify the most competitive rates for SR-22 insurance in Indiana, we obtained quotes for drivers with serious violations like DUI or reckless driving. We quoted a 2016 Ford Fusion SE with full coverage for a 40-year-old male with average credit. The coverage quoted was as follows: Bodily Injury: $50,000 per person/$100,000 per accident Property Damage: $50,000 per accident Uninsured/Underinsured Motorist: $50,000 per person/$100,000 per accident Comprehensive: $500 Deductible Collision: $500 Deductible Keep in mind that rates may vary based on individual factors such as location, driving history, and prior insurance records.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest SR-22 Insurance Companies In Indiana
These are the top three cheapest companies in Indiana for SR-22 insurance with liability coverage.
- State Farm – $306 Annually
- Progressive – $361 Annually
- American Family – $386 Annually
Cheapest SR-22 Insurance Policies With A DUI (Liability Only)
| Company | Annual Premium |
| State Farm | $306 |
| Progressive | $361 |
| American Family | $386 |
| Farmers | $554 |
| Travelers | $598 |
| Grange Insurance | $633 |
| Indiana Farm Bureau | $655 |
| Auto-Owners | $694 |
| Geico | $746 |
| Allstate | $793 |
Cheapest SR-22 Insurance With Full Coverage
Here are the three most affordable SR-22 insurance options in Indiana for those requiring more than just liability coverage.
- American Family – $706 Annually
- State Farm – $730 Annually
- Progressive – $967 Annually
Cheapest SR-22 Insurance Policies With A DUI (Full Coverage)
| Company | Annual Premium |
| American Family | $706 |
| State Farm | $730 |
| Progressive | $967 |
| Farmers | $1,104 |
| Allstate | $1,237 |
| Travelers | $1,273 |
| Grange Insurance | $1,472 |
| Geico | $1,497 |
| Nationwide | $1,539 |
| Indiana Farm Bureau | $1,552 |
What Is SR-22 Insurance?
SR-22 insurance is a form of proof of financial responsibility required by some states for drivers who have been involved in serious traffic violations or offenses such as DUIs or reckless driving.
It’s essentially a certification provided by the driver’s insurance company to the state, confirming that the driver carries the minimum required liability coverage. This requirement aims to ensure that high-risk drivers remain insured to protect themselves and others on the road.
Failure to maintain SR-22 coverage can result in penalties such as license suspension or other legal consequences, depending on state laws. Additionally, SR-22 insurance typically comes with higher premiums due to the increased risk associated with the driver’s history.
What Is SR-22a Insurance
In certain states, drivers may be required to submit an SR-22a instead of the typical SR-22. This alternative form is usually mandated for those with multiple violations of financial responsibility laws or for more severe infractions. States like Missouri, Georgia, and Texas may request this specific document from drivers.
Cheapest Non-Owner SR-22 Insurance Companies In Indiana
If you require an SR-22 but don’t have a car, a non-owner’s policy is the way to go. Below are the most affordable non-owner SR-22 policies available in Indiana.
- Auto-Owners- $214 Annually
- State Farm – $382 Annually
- Travelers- $496 Annually
| Company | Annual Premium |
| Auto-Owners | $214 |
| State Farm | $382 |
| Travelers | $496 |
| Geico | $521 |
| Progressive | $614 |
| Nationwide | $635 |
| Allied | $635 |
| Farmers | $673 |
Average Cost Of SR-22 Insurance In Indiana
| Violation | Annual Premium (Liability Only) | Annual Premium (Full Coverage) |
| DUI | $619 | $1,289 |
| At-Fault Accident | $561 | $1,176 |
| Minor Violation | $457 | $970 |
How SR-22 Affects Car Insurance Rates
Typically, drivers can anticipate an annual increase of about $993 for their car insurance when an SR-22 is needed. This uptick is often linked to incidents on your driving record that prompted the SR-22, rather than the SR-22 itself. For instance, if you were convicted of a DUI and required to get an SR-22, the hike in your policy rate would likely stem from the DUI.
Additionally, there’s a filing fee for an SR-22, ranging from $15 to $25, on top of the rate hike. Once the SR-22 obligation ends, removing it from your policy can help mitigate the premium increase.
How To File An SR-22
Filing an SR-22 involves several steps. First, you need to contact your insurance provider to inform them that you need an SR-22. If you don’t have an existing policy, you’ll need to purchase one. Not all insurance companies offer SR-22 filings, so it’s crucial to confirm that yours does.
Your insurance company will then prepare the SR-22 form and submit it to the appropriate state authorities on your behalf. They may require additional information, such as the reason for needing the SR-22 or a copy of the court order mandating it.
Once the SR-22 is filed, your insurance company will provide you with a copy for your records. It’s essential to keep this document handy, as you may need to provide it as proof of insurance to the DMV or other authorities.
It’s also crucial to maintain continuous coverage while the SR-22 is in effect. If your policy lapses or is canceled, your insurance company is obligated to notify the state, which could result in the suspension of your driver’s license or other penalties.
Finally, be aware of the duration of your SR-22 requirement. In most cases, it’s mandated for a specific period, typically three to five years, depending on the state and the reason for the SR-22. Once this period ends and you no longer need the SR-22, your insurance company can remove it from your policy.
How Long Do I Need To Have SR-22 Insurance?
The duration for which you need to have SR-22 insurance in Indiana varies depending on the specifics of your situation. Typically, it ranges from three to five years. The duration is determined by the severity of the violation that led to the requirement for SR-22 and the state’s regulations. It’s essential to adhere to the mandated duration and maintain continuous coverage during this period to avoid any legal consequences.
Other Effects Of SR-22 Insurance
Besides influencing your insurance costs, SR-22s can impact your driving privileges. Failing to secure an SR-22 within the specified timeframe or maintaining it for the required duration may lead to the suspension of your driver’s license or vehicle registration. This non-compliance could also result in financial penalties and reinstatement fees. Additionally, not all insurance providers are willing to insure drivers requiring SR-22s, further restricting your options.
SR-22 Insurance State Requirements
Each state has its own set of SR-22 requirements. For instance, Delaware, Kentucky, New Mexico, New York, North Carolina, and Oklahoma don’t mandate SR-22 filings. However, some states, like Florida and Virginia, may require additional forms like the FR-22 for DUIs or DWIs. Arkansas and Indiana have their own unique forms, such as the SR-21 and SR-50, respectively, for certain violations. These forms vary in their requirements and purposes.
How Much Does Credit Score Affect SR-22 Insurance Costs
Alternatives To SR-22
If your state mandates an SR-22, you must file one. However, some states don’t require SR-22s or may ask for alternative forms like SR-21, SR-50, or FR-22. To find out your specific requirements, consider reaching out to a local independent agent for guidance.
How To Get Cheaper Car Insurance In Indiana After A DUI
Although a DUI can lead to increased rates, there are ways to manage car insurance costs. Start by comparing quotes from different insurers, as rates can vary. Exploring potential discounts, such as those for defensive driving courses or bundling policies, can further lower premiums. Additionally, maintaining a clean driving record over time can gradually reduce the impact of a DUI on your insurance rates.
FAQs
Do you need SR-22 insurance if you don’t have a car?
Yes, in Indiana, you may need SR-22 insurance even if you don’t own a car. If you were driving someone else’s vehicle during the incident that led to the SR-22 requirement, you’ll still need to file for SR-22.
How do you get rid of SR-22?
In Indiana, you can typically get rid of SR-22 insurance by maintaining a clean driving record and fulfilling the mandatory filing period, which is usually three years. Once this period ends and you’ve met all other requirements, you can request your insurance company to remove the SR-22 filing from your policy.
How much does SR-22 cost?
The cost of SR-22 insurance in Indiana varies depending on several factors, including the reason for needing SR-22, your driving history, and the insurance company you choose. On average, SR-22 insurance can cost between $15 to $25 for the filing fee, plus an increase in your insurance premiums, which can range from $20 to $60 per month.
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