MI SR-22 financial responsibility insurance filing information. Who needs to have an SR-22 form, fees and restrictions
The state of Michigan uses the SR-22 form to help protect its citizens against problem drivers by monitoring their insurance. It requires the auto insurance company to file the SR-22 form as a proof of a problem driver's financial responsibility, stating that his/her auto insurance liability is in effect. The state does not send notifications and it is the responsibility of the driver and the auto insurance company to submit the form as well as the renewals, to the state, if required.
WHAT IS A SR-22 FORM?
There are three different types of SR-22 forms:
- The Operator's Certificate covers the financial responsibility in the case the motorist does not own a vehicle.
- The Owner's Certificate covers the financial responsibility for vehicles owned by the motorist.
- The Operators-Owners Certificate covers financial responsibility for all the vehicles that are owned or non-owned by the motorist.
WHEN IS SR-22 REQUIRED?
The SR-22 financial responsibility Insurance form is required in the following cases:
- If you have any safety responsibility suspensions. For example, if an uninsured driver was involved in an accident in the past but did not pay the requisite compensation then he or she needs to fill the SR-22.
- If you have any unsatisfied judgment suspensions For example, if a driver involved in an accident in the past has an unsatisfactory judgment entered against him then he or she needs to fill the SR-22.
- In case of revocations of license.
- In the case of mandatory insurance supervisions.
- For individuals who have received more than seven points on their driving record.
FILING FOR THE SR-22
- Contact a state-authorized insurance agency to request for a SR-22 filing.
- Pay the correct processing fee to the agency. The fee amount may vary between agencies. You can request an insurance quote from our Michigan auto insurance page and companies such as Esurance will allow you to request an SR-22 filing automatically.
- Upon receiving the request from the agent the central office then sends the SR-22 directly to the Secretary of State.
- If accepted, you will receive the SR-22 from the agency along with a letter from the Secretary of State. This process typically takes 2 to 4 weeks.
- The SR-22 has to be maintained for a minimum period of 36 months. If the motorist does not renew it at least 15 days before the expiration date the agency notifies the State.
FOR OUT OF STATE RESIDENTS
- Insurance policies from other states are not valid in the state of Michigan.
- If you are required to file SR-22 in Michigan you will have to do so through an insurance company that is licensed to do business in the state.