SR22 insurance in Illinois is also known as proof of financial responsibility. This is a form that your car insurance company will file with the Department of Motor Vehicles so that they know you have an active car insurance policy. An insurance company must also report any lapses or cancellations within a policy. Therefore, you must carry SR22 insurance in Illinois for a period of three years. If your insurance should lapse or be cancelled during this time, your license may be suspended and before you can drive again you will need to pay a reinstatement fee.
There are some reasons why SR22 insurance in Illinois is required. For instance you will need an SR22 insurance in Illinois whenever you are booked for a DUI or if you are involved in a car accident. The Sr22 insurance in illinois is also mandatory before your suspended license can be reinstated, regardless of the reason as to why it was suspended in the first place.
In order to get SR22 insurance in Illinois you will need to apply for it. This can be done online today. By going this route you will be able to save yourself both time and money. Of course, if you do not like doing things online you can call various insurance brokers or independent insurance agents to get quotes on SR22 insurance in Illinois. Going this route is better for you because then you will have more options available for you to choose from, some of which will be able to greatly reduce how much you end up paying for your premium.
Usually SR22 insurance in Illinois costs around twenty dollars. This is a fee that only has to be paid once. However, you will have to pay for your car insurance on a regular basis and you will find that these rates will vary from person to person. Unfortunately, this is a fee that you will not be able to get around paying though as SR22 insurance in Illinois is required.