Because an SR-22 is associated with high-risk auto insurance, it is important you properly file the required documents. The cost of an SR-22 is the filing fee charged by an insurance company. In terms of high-risk auto insurance rates, the SR-22 itself does not increase your vehicle insurance, however the conditions for an SR-22 requirement are factors that lead to higher automobile insurance costs, especially for teen drivers.
Prior to the renewal or issuance of a driver license, individuals must:
- Pay the required reinstatement fees, and
- Obtain an SR-22 from an authorized insurance company and submit it to your state’s Department of Motor Vehicles.