SR-22 Insurance Bond
As an alternative to insurance, drivers in Ohio can attach an SR-22 filing onto a financial responsibility (FR) bond. These bonds are also purchased from insurers and are typically the cheapest way to meet an SR-22 requirement. SR-22 bond quotes may vary among insurers, so we recommend you still compare rates from multiple companies.
Why do you need SR22 Bond?
SR-22 Bond is required for the following convictions:
- When the driver is caught under the influence of drugs or intoxicants
- When the driver is caught for serious and/or repeat traffic offenses
- When the driver is caught and is an at-fault accident with no insurance
- When the driver’s license is suspended or revoked
How much is SR22 Bond?
The cost of an SR-22 filing in Ohio is quite low; insurers typically charge a one-time fee around $20 to file the document with the BMV. SR-22 insurance quotes, however, will often be much higher than quotes for a standard policy because of whatever incident caused you to need the SR-22 filing. The filing fee is usually $25 to $50 depending on the auto insurance company you choose to file the SR-22. The real cost of the SR22 bond Ohio policy is directly related to why you need to file the form.
How SR22 Bond Works?
The SR22 Bond provides $25,000 bodily injury for any 1 person injured / $50,000 bodily injury per accident when 2 or more people are injured, and $25,000 in property damage liability coverage in the event you are at fault in an accident. It covers you as a driver. An SR22 bond does not cover the car you are driving or the car you own. An SR22 bond will not provide medical coverage for you or anyone else in the vehicle you are driving at the time of the accident. All damages beyond the $75,000 limit (state minimum of liability) are your responsibility.
How to get SR22 Bond?
If you require SR22 Bond, just give us a call. Call 888-886-6535 and our support team is available to help you get the fastest, easiest and cheapest SR22 insurance to help you get back on the road in no time. Get a customized, no obligation, hassle-Free SR-22 Insurance quote! Our professional experts will connect you to the top SR-22 insurance providers after thoroughly understanding your requirements. Compare rates from multiple providers or get a free quote from any provider of your choice.
Disclaimer: sr22insurancenow.com is not an insurance company. We have a large network of licensed insurance agents across the US. Once you have submitted your information to our system, sr22insurancenow.com may instantly match you with local agents in your area. Those agents will run free insurance quotes for you and provide those quotes via the information you have provided. This process may save you time and money because you can compare rates from multiple companies without having to contact numerous agents and provide your information several times. This website is not a substitute for legal advice, so when in doubt, check with your local courthouse, DMV, or legal advisor about your specific SR22 needs. All logos, brand names, trademarked words used in this site are owned by respective owners of the brands. sr22insurancenow.com doesn’t have any rights on any of the brand names or logos mentioned over here.