Certificate Of Financial Responsibility

Who Needs SR22

SR22s are typically required of persons convicted of various traffic violations, such as DUI or DWI. SR22s can also be required of persons who’ve been unable to provide proof of car insurance in the past.

SR22s are typically state or court ordered. In order to obtain SR22, you must establish the minimum liability coverage requirements in your state. Once the minimum coverage is established, you can request SR22 from your auto insurance company.

Certificate of Financial Responsibility Requirements

CFR requirements vary by state. For example, the state of Arizona only requires 15/30/10 liability insurance, but the state of Alaska requires 50/100/25 insurance. (The first number refers to how many thousands of dollars in bodily injury (BI) coverage per person is required; the second number refers to the amount of BI coverage per accident that is required; the third number refers to the amount of property damage (PD) coverage that is required.)

You can learn more about the minimum insurance requirements in your state online, or by contacting your state’s Insurance Department directly.

Penalties for a Missing SR22

There are various SR22 requirements you can learn about from your DMV and insurance company, but know that a rule for all drivers carrying SR22 is if the state or court orders you to carry it, you must carry it on your person at all times while operating a motor vehicle, just as you would with regular proof of insurance. Failure to carry a mandatory CFR typically results in license suspension, or license revocation.

The required time for carrying a CFR varies, but you will likely not be required to carry it for more than three years, provided no further offenses are accrued.