Louisiana SR-22 Insurance: The Cheapest Companies and Average Costs | MoneyGeek.com
Car insurance for a driver who needs SR-22 insurance in Louisiana is more expensive than a standard policy due to the severity of the violation. The average cost of a minimum auto insurance policy in Louisiana for a driver who needs an SR-22 form due to a DUI is $2,267 per year. by comparison, the annual average for drivers with a clean record is $1,323.
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The cheapest auto insurance provider in Louisiana for drivers who need an SR-22 form is Southern Farm Bureau, which has an average annual premium of $1,031. meanwhile, the most expensive option, metlife, costs an average of $5,741 per year.
Reading: How much does sr22 insurance cost in louisiana
cheapest companies for sr-22 insurance in louisiana
The costs provided in the table are for an auto insurance policy that meets the minimum liability coverage requirement in Louisiana or for a full coverage policy with bodily injury liability coverage of $100,000 per person, $300,000 per accidental injury and $100,000 property damage coverage.
Beyond these numbers, insurance providers will calculate auto insurance rates based on individualized factors. Factoring in the cost of SR-22 insurance in Louisiana, which includes filing fee, traffic violation, and loss discounts. If you want to find the most affordable rate, it’s best to compare quotes from at least three insurers.
Those who are willing to pay a little more for better insurance can also shop around for the best auto insurance companies in louisiana.
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sr-22 insurance in louisiana is a form and not a separate policy. Your insurer will file with the state on your behalf to ensure your coverage is sufficient to meet the minimum liability requirements in Louisiana. SR-22 insurance is required if a Louisiana driver commits a serious driving violation, such as a DUI. insurance after a dui has a higher insurance premium than a policy for a driver with a clean record.
The violations that can result in an sr-22 requirement depend on the state. But, in most cases in Louisiana and elsewhere, a driver will almost certainly need to apply for SR-22 coverage if they commit any of the following violations:
- reckless driving
- driving without insurance coverage
- driving with a suspended license
For minor traffic violations, such as a ticket or an at-fault accident, SR-22 insurance will not be necessary. Insurance after an accident may cost more than when you had a clean record, but it won’t be as high as the rate for a policyholder with SR-22 insurance. Compare prices and request personalized quotes from multiple insurers to find the best deal.
The length of time you will have to maintain sr-22 insurance in louisiana will be based on the severity of your conviction. but, in most cases, it is three years from the date of your conviction. your driving privileges may also be suspended. in that case, you will have to go through the refund process.
Your insurance company will file a form for sr-22 insurance in louisiana upon request. But since high-risk drivers have to insure SR-22 status, some insurers may choose not to cover it. Companies that offer insurance policies for Louisiana drivers who need SR-22 insurance will likely increase your annual premium.
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sr-22 auto insurance is a requirement for louisiana drivers who have had their license revoked as a result of a violation such as a dui. SR-22 insurance will provide proof that you have liability insurance coverage per the state’s minimum requirements, which is necessary to reinstate your license. this requirement applies to both car owners and non-car owners.
in louisiana, the most affordable option for drivers without a car is sr-22 non-owner auto insurance. For people who need proof of insurance to get a license, non-owner auto insurance policies are the best option. This type of insurance is also the best way for people who don’t own cars but need proof of liability insurance coverage to drive a rental vehicle or drive a car borrowed from a friend or relative.
The average cost of auto insurance for non-owners in louisiana is $1,319 per year. If you are looking for cheap SR-22 auto insurance for non-owners in Louisiana, the cheapest companies are USAA at a cost of about $884 per year. however, usaa is only available to current and former members of the military, so the cheapest option for most drivers in louisiana is the state farm, which costs about $1,066 per year.
the average cost of sr-22 auto insurance for non-owners in louisiana
moneygeek used rates based on a non-owner auto insurance policy for drivers with a dui on their record in louisiana who are purchasing bodily injury liability coverage limits of $50,000 per person, bodily injury liability of $ 100,000 per accident and $50,000 per accident property damage liability.
Louisiana drivers may have some questions about SR-22 insurance, such as the rates, the filing process, and who they should shop with. Here are the answers to some of the most common questions.