Those in need of high risk driver insurance face higher premiums for car insurance, but luckily not for forever. In the state of Wisconsin, as long as you keep your driving record clean and stay properly insured without lapses, you could be paying lower, standard rates again in about three years.
But not all insurance agencies penalize you equally for needing high risk insurance, and not all insurers carry this coverage, which is needed if you are required to get an SR22. At Action Insurance Agency, we work with the companies that offer high risk driver insurance and ensure that your experience during this time is as quick and painless as possible. For those who don’t own a car, non-owner insurance might be a good option.
If your driver’s license has been suspended, the Wisconsin Department of Motor Vehicles (DMV) may require you to obtain high risk driver insurance, as well as an SR22 document – also known as a Certificate of Financial Responsibility. An SR22 verifies the purchase of the vehicle insurance coverage required by the state so your driving privileges can be reinstated again.
When is High Risk Driver Insurance Necessary?
The requirement to have high risk driver insurance is typically associated with:
- DUIs or DWIs
- Serious moving violations
- License suspensions or revocations
- Several traffic offenses
- Failure to maintain your state’s required insurance coverage
If you are required to get high risk insurance, the court where you appeared or the DMV will notify you by mail. As a part of your financial obligations with this insurance, you will need an SR22 form to be filed with the state by an insurance company on your behalf, and you will be charged a nominal fee for the filing of the SR22 certificate.
What are High Risk Driver Insurance and SR22 Insurance?
High risk driver insurance is insurance reserved for inexperienced drivers, drivers with poor credit, or drivers with past driving violations. As a result of needing this specialized insurance, you can expect your insurance premiums to increase.
An SR22 certification is a form used to prove that you have the proper high risk auto insurance in place for the minimum amount of time required by your state or court. SR22s must be filed with the state by your insurance company on your behalf. This document guarantees that you are maintaining the required coverage and are financially responsible for any accidents. It’s important to note that your insurer is required to inform the state should you not meet their requirements at any time.
Some insurance companies won’t insure motorists with negative marks on their driving records; however, there are many reputable carriers who will. Action Insurance Agency specializes in high risk auto insurance and SR22s, and we are here to help you find the right carrier for you in Mt. Horeb, Wisconsin.
High Risk Driver Insurance Terms & Requirements
High risk auto insurance terms may vary by state, however, it’s common no matter where you live that you must retain both the SR22 and your high risk driver insurance policy for approximately three years. If your insurance policy lapses at any time, the insurance company who filed your SR22 is required by law to notify your state’s DMV or court. Your driver’s license will be revoked or suspended at that time until your high risk insurance has been reinstated. Once you have met your obligations for your SR22 and high risk driver insurance, you will be able to enjoy lower insurance premiums again, as well as a wider variety of auto insurance coverage options.
If you have any questions about this information, please contact your local Mt. Horeb agent at Action Insurance Agency. We are high risk driver specialists that work with all the best providers in your area.
About Mt. Horeb, WI
Commonly believed to be named by Norwegians, the roughly three-square-mile Village of Mount Horeb was actually given its name by Englishman George Wright. In 1848, Wright married, became licensed as a lay minister of the Methodist Episcopal Church, and immigrated with his family to America.
Ten years later, the Wright family moved to a farm home on the prairie in Blue Mounds Township. There, he became active in the growth of the town and served as the town treasurer while also holding office in the legislature for one term. His role as assistant provost Marshall during the Civil War later led to his appointment as postmaster of the new post office to serve settlers in the eastern part of the township.
Wright was given the privilege to name the post office in 1861 since it was located in his home. He landed on the name “Mount Horeb” after searching scriptures and finding many references to the mounts, which reflected the town’s high elevation. Six years later in 1867, the Wright family moved to Norwalk, Iowa, and the post office moved to the settlement “Corners,” which then became known as “Horeb’s Corners.” Later, the official name was recorded as “Mount Horeb.”
Mount Horeb is located in southwest Wisconsin approximately 20 miles southwest of Madison in a region also referred to as the Driftless Area. This area includes parts of eastern Minnesota, northeastern Iowa, and northwest Illinois and stretches across 18 counties in total. The geographic boundary of the Driftless Area runs down the center of Dane County – where the Village of Mount Horeb is located – and creates a topographical division running east and west.
Where do you get High Risk Driver Insurance?
Not all insurance companies will insure a motorist with negative marks on their driving record. So while it’s wise and easier to first ask your current insurer to add this policy to your coverage, know that there are plenty of reputable carriers who will insure high risk drivers if yours won’t.
At Action Insurance Agency, we’re here to help you choose the best insurance carrier for your specific needs. We continuously monitor and compare the agencies that offer high risk driver insurance coverage on our customers’ behalf. While your rates will differ from your standard insurance policies, our insight can help you discover where to begin.
When High Risk Driver Insurance is Required
There are a number of reasons you might be flagged as a high-risk driver and be required to get high risk auto insurance, including:
- Multiple moving violations
- Newly licensed or elderly
- Lapses in coverage
- DUIs or DWIs
- Owner of exotic or high-powered vehicles
- Poor credit
Following the need for high risk insurance is typically the need to get an SR22, which an insurance agency that specializes in high risk auto insurance must file for you on your behalf to the state. If this document is required, you will get a letter in the mail from the Wisconsin DMV or court stating why an SR22 is required, your high risk driver insurance terms and requirements, and how long you must keep the SR22 on file with the state.
Action Insurance Agency can help make this process quick and easy. Give our local experts in high risk insurance a call today for a free, instant quote.
For how long do you need High Risk Driver Insurance?
The good news is that high risk insurance coverage isn’t required forever; typically, it’s needed for just one to five years. In the state of Wisconsin, the SR22 and high risk driver insurance are required for a total of three years. The length it is required can vary depending on the offense and/or when your state or court determines your required period of time starts. Your high risk insurance term can begin with the offense date, conviction date, suspension date, or even the date that you reinstate your license. For all of these details and more, give the Action Insurance Agency experts a call.
You need to be sure how long your high risk driver insurance is required, because if you cancel your policy prematurely, your insurance agency is required to inform the state, and you will be penalized with either a license and/or registration suspension or revocation or a longer time period requirement for you to have the insurance. At Action Insurance Agency, we are sure to inform our policyholders of how long their high risk auto insurance is required so further penalties can be avoided.
What happens to my High Risk Driver Insurance if I move?
Not every state has the same insurance requirements, nor do they all use an SR22 Certificate of Financial Responsibility, including:
- New Mexico
- Pennsylvania
- New York
- Kentucky
- Minnesota
- North Carolina
- Delaware
- Oklahoma
Nonetheless, the states listed above do still have their own version of the SR22 form and specific high risk auto insurance requirements. Check with your current or new insurance provider when you move, because usually you are still obligated to meet the requirements of the state where the offense was committed. Action Insurance Agency can help point you in the right direction to get an out-of-state SR22 insurance filing should you move away.
High Risk Driver Insurance Policy from Action Insurance Agency
Action Insurance Agency specializes in SR22s and high risk driver insurance policies, and we have streamlined the process for you, so you don’t have to worry about it. Whatever caused you to be flagged as a high risk driver has caused enough inconvenience in your life already, so let us help make your next steps to meeting your SR22 insurance policy terms quick and easy.
If you are going to have to pay a premium for your premiums for a few years, wouldn’t you want to do so with a great high risk driver insurance provider? Contact Action Insurance Agency today for an instant quote so we can find you the best coverage possible!