What if I Don’t Pay for my SR22 Insurance?
Q: What happens if I don’t pay for my online SR22 insurance form?
A: Well, I’m sure you’re aware of the first effect: if you don’t pay for your online SR22 insurance form, then you lose your coverage. Some car insurance companies may not cancel your coverage right away, depending on their own inclinations as well as your state law. Some states have laws which require a grace period, and other companies simply offer grace periods. However, these grace periods are nowhere near as generous as those for, say, homeowner’s insurance, so be careful.
If you don’t pay for your online SR22 insurance form, and your insurance is cancelled, then your company will file an SR26 form with your state’s Department of Motor Vehicles. This is a notification that your insurance has been cancelled, in the same way that the SR22 is notification that you are insured. When your DMV receives this form, your license will be suspended. In order to get it back, you will have to pay fines and reinstatement fees, and also file another online SR22 insurance form.
