Auto insurance is very much essential in the present scenario considering the rapid increase in the number of vehicles that ply on our roads and the number of accidents that take place every day.
Whatever the reason for an accident may be it is the victim of the accident and his relatives who are going to suffer for the rest of the life. The motor vehicles rule for the compensation of the victim of a vehicle accident ensures that the affected parties at least have the consolation in the form of financial assistance. The aim of SR22 insurance is also the same only with the assurance if a minimum protection for the victim of an auto accident.
There are various types of motor vehicles rules regulating the compensation aspect in the happening of an accident and they are different from country to country. In the United States one can see many stringent and specific rules that govern the motor vehicles department. They ensure that maximum safety is achieved incorporating such provisions in the law and it surely act as a deterrent factor also in the long run. SR22 insurance in this regard has a prominent role to play as far as compensation to the victim of an accident is concerned.
The auto insurance policies can be classified differently depending on the type of liability the insurance companies provide under their purview. It could be a simple basic liability one where the insurance cover is only for the third person affected in the accident and driver does not get any compensation and so is the case for the repairing cost of the vehicle. Such a type will not console you in case of vehicle stolen case also. But on the other hand one comprehensive auto insurance looks after all these above mentioned aspect and will come handy to the owner of the vehicle even though it would be slightly costly. SR22 insurance can be considered in the former category in a broad perspective.
SR22 insurance companies undertake the responsibility of providing a minimum protection as specified by the state in case of an accident and hence this type of insurance can be considered as a special type of auto insurance. It is a certification to the effect that the driver has the minimum liability insurance. This type of certification is mandatory in almost all the States of United States including the motor vehicle departments in the case if the driver has already been booked for any sort of violation a rule pertaining to motor vehicles law in the past. Same holds good for drugs and intoxication which are described under DUI or DWI.
The time period mandatory to have such a certification from SR22 insurance companies is different as it is three years for a case where driver is accused of a rule violation and five years in the drug related issues. Even if the period is expired then that is to be certified by the particular insurance company by means of a SR 26 form and same goes for cancellation of this certification also.