Cheapest SR-22 Car Insurance In Virginia For 2024

For liability-only coverage, State Farm offers an average annual rate of $331, making it the cheapest option in Virginia.

min read
Published:
Written by
Cara Carlone
On this page Open

Whether it’s due to a recent traffic violation or another reason, getting the right insurance coverage can seem like a daunting task. We’re here to help you navigate through the maze of insurance options and find the cheapest SR-22 car insurance in Virginia.

From slight bumps in your insurance rates to substantial increases, the range of impacts can be significant. Furthermore, navigating through insurance companies that decline SR-22 policies can feel like searching for a needle in a haystack.

However, you’re not alone in this endeavor. I’ve meticulously researched different insurance options to identify the top contenders in Virginia willing to accommodate SR-22 policies.

Our Methodology

My methodology is grounded in thorough research and meticulous analysis to provide you with the most accurate and reliable information. I gathered data from a wide range of sources, including insurance companies, industry reports, and government agencies.

I carefully evaluated each insurance provider's offerings, considering factors such as coverage options, pricing, customer reviews, and financial stability.

We provided a quote for a 2018 Honda Civic LX with full coverage for a 35-year-old female residing in Richmond, Virginia, with a clean driving record and excellent credit. The coverage quoted includes:

● Bodily Injury: $50,000 per person / $100,000 per accident

● Property Damage: $50,000 per accident

● Uninsured/Underinsured Motorist: $50,000 per person / $100,000 per accident

● Comprehensive: $500 Deductible

● Collision: $500 Deductible

Please note that actual rates may vary based on individual factors such as location, driving history, and credit score.

47

Quotes Analyzed

15+

Years Of Industry Experience

25

Brands Reviewed

35+

Research Hours

Cheapest SR-22 Insurance Companies In Virginia

The three most affordable insurance companies offering SR-22 with liability-only coverage in Virginia are as follows:

  • State Farm – $331 Annually
  • Mercury – $356 Annually
  • Virginia Farm Bureau – $367 Annually

Cheapest SR-22 Insurance Policies With A DUI (Liability Only)

Company Annual Premium
State Farm $331
Mercury $356
Virginia Farm Bureau $367
American Family $484
Auto-Owners Insurance Co $558
Travelers $624
Nationwide $635
Allstate $646
Erie $647
Progressive $830

Cheapest SR-22 Insurance With Full Coverage

Here are the three most affordable SR-22 insurance policies in Virginia for full coverage, suitable for those requiring more than liability-only coverage:

  • State Farm – $1,280 Annually
  • Virginia Farm Bureau – $2,010 Annually
  • Mercury – $2,534 Annually

Cheapest SR-22 Insurance Policies With A DUI (Full Coverage)

Company Annual Premium
State Farm $812
Virginia Farm Bureau $876
Mercury $1,103
Nationwide $1,146
Auto-Owners $1,161
American Family $1,250
Erie $1,260
Progressive $1,354
Allstate $1,375
Travelers $1,375
National General $2,290

What Is SR-22 Insurance?

SR-22 insurance serves as a crucial document for drivers who have faced significant traffic violations or offenses. It acts as a certificate provided by your insurance company, demonstrating to the state’s Department of Motor Vehicles (DMV) that you possess the necessary liability insurance coverage as mandated by law.

This requirement typically arises following serious incidents like DUI convictions, reckless driving, or driving without insurance. Effectively, SR-22 insurance offers a means for high-risk drivers to maintain their driving privileges while demonstrating financial responsibility to the authorities.

What Is SR-22a Insurance

In certain states like Missouri, Georgia, and Texas, drivers may be required to obtain an SR-22a rather than the standard SR-22. This specific form is often mandated for individuals with a track record of multiple violations of financial responsibility laws or for more serious citations.

Cheapest Non-Owner SR-22 Insurance Companies In Virginia

If you require an SR-22 but do not own a vehicle, opting for a non-owners policy is your most suitable choice. Below, we present the most affordable non-owner SR-22 policies available in Virginia.

  • Auto-Owners – $250 Annually
  • State Farm- $355 Annually
  • Travelers – $519 Annually
Company Annual Premium
Auto-Owners $250
State Farm $355
Travelers $519
GEICO $564
Progressive $633
Kemper $984

Average Cost Of SR-22 Insurance In Virginia

Violation Annual Premium (Liability Only) Annual Premium (Full Coverage)
DUI $704 $1,521
At-Fault Accident $692 $1,473
Minor Violation $612 $1,308

How SR-22 Affects Car Insurance Rates

SR-22 affects car insurance rates by increasing premiums for drivers who need it. This is because SR-22 is typically required after serious driving violations, indicating higher risk to insurers. As a result, insurance companies may charge higher rates to cover this increased risk. Additionally, the need for SR-22 may limit the number of insurance providers willing to offer coverage, further influencing rates.

Typically, drivers can anticipate an average annual increase of around $993 for their car insurance when they require an SR-22. Additionally, there’s a filing fee ranging from $15 to $25 associated with obtaining an SR-22. This fee is separate from the rate increase. However, once the SR-22 obligation is fulfilled, removing it from your policy can help mitigate the premium hike.

How To File An SR-22

Upon receiving a formal request from a court, state government, or the DMV for an SR-22, your first step is to contact your insurance company. If you don’t have car insurance already, you’ll need to obtain a policy. However, some insurance companies may disqualify drivers needing SR-22s and decline to write policies for them. Before getting a new policy or requesting an SR-22 from your current insurer, ensure they provide them to avoid potential penalties.

Alternatively, you can opt for a non-owner policy with the SR-22 attached. Once you have a policy with an SR-22, request it to be added, providing any required information. Your insurer will file the SR-22 with the state, which also monitors policy cancellations or lapses. If switching insurers, avoid coverage lapses and obtain the SR-22 with the new carrier promptly to comply with state requirements.

How Long Do I Need To Have SR-22 Insurance?

The duration of SR-22 requirement varies by state. In Virginia, it typically lasts for at least three years, but depending on the violation, it could extend up to five years. Even if you move away from the state where the SR-22 was mandated, you must still maintain it until the required period elapses.

Other Effects Of SR-22 Insurance

Besides influencing your insurance rates, SR-22s can impact your driving privileges. If you don’t acquire an SR-22 within the specified timeframe or maintain it for the required duration, your state may suspend your driver’s license or car registration.

This could result in financial penalties and reinstatement fees. Moreover, not all insurance providers are willing to insure drivers needing SR-22s, which can restrict your options for coverage.

SR-22 Insurance State Requirements

Each state establishes its own regulations concerning SR-22 filings. For instance, several states such as Delaware, Kentucky, New Mexico, New York, North Carolina, and Oklahoma don’t mandate SR-22 submissions.

Conversely, in states like Florida and Virginia, drivers might be required to demonstrate coverage surpassing minimum legal requirements. Furthermore, for certain infractions like DUIs or DWIs, these states may necessitate an FR-22 form. Arkansas and Indiana have their own distinctive forms as well.

For example, Arkansas may demand an SR-21 after specific accidents to validate prior coverage, while Indiana may request an SR-50 form post-DUI to verify insurance dates.

How Much Does Credit Score Affect SR-22 Insurance Costs

Your credit score significantly influences your car insurance rates. Typically, if your credit score is low, insurers perceive you as a higher risk, similar to drivers requiring SR-22s. Consequently, if you have poor credit and need an SR-22, anticipate higher insurance premiums.

On average, drivers with low credit pay 72% more for insurance compared to those with good credit scores. Moreover, having an SR-22 can raise your car insurance rates by around 18% or more. However, the precise increase varies depending on the insurance company.

Alternatives To SR-22

If your state mandates an SR-22, filing one is unavoidable. However, certain states either exempt SR-22 filings or may ask for different forms like SR-21, SR-50, or FR-22. To ascertain the specific requirements, reaching out to a nearby independent agent could be the most effective approach.

How To Get Cheaper Car Insurance In Virginia After A DUI

After a DUI, your insurance rates may rise, but there are ways to manage costs. Firstly, obtain quotes from various insurers, as prices can vary. Exploring available discounts, such as defensive driving courses or bundling policies, can also save money. Additionally, aim to prevent future accidents or violations to lower rates over time, as DUI infractions typically impact insurance for 3-5 years.

FAQs

Do you need SR-22 insurance if you don’t have a car?

Generally, if you don’t own a car but still need to meet SR-22 requirements, you may obtain a non-owner SR-22 policy. This provides liability coverage when driving vehicles you don’t own.

How do you get rid of SR-22?

The duration of SR-22 requirement varies by state and circumstance. Typically, you must maintain SR-22 coverage for a specified period, usually 1-5 years, without lapse or violation. Once the requirement period elapses and you fulfill all obligations, your SR-22 status can be removed.

How much does SR-22 cost?

The cost of SR-22 insurance varies depending on factors such as your driving history, location, and insurance provider. On average, expect an additional annual premium of $500 to $1,500, but this can vary widely.

Go back to top