An SR-22 in Texas is a certificate of financial responsibility required by the state for individuals deemed high-risk drivers. It demonstrates proof of insurance coverage meeting the state’s minimum liability requirements. The price associated with obtaining this certificate comprises several components, including the filing fee charged by the insurance company and any potential increase in the underlying insurance premium. For instance, a driver required to file an SR-22 following a DUI conviction will likely experience a significant increase in their auto insurance rates.
The importance of maintaining continuous SR-22 coverage lies in its role in reinstating driving privileges. Failing to maintain this coverage can result in the suspension of the driver’s license. The requirement for an SR-22 typically arises from serious traffic violations, such as driving without insurance, multiple moving violations, or DUI/DWI offenses. Historically, the introduction of SR-22 requirements aimed to ensure that high-risk drivers take financial responsibility for their actions and can compensate others in the event of an accident.
