Insurance companies make their living on determining the probability of risks taking place and offering to cover the cost of those risks in exchange for much smaller sums of money. Without risk calculation, insurance companies wouldn’t be alive. Riskier drivers sometimes need a certain type of coverage – an
SR-22 insurance policy in Chicago – to legally drive.
How Does SR-22 Differ from Car Insurance?
High-risk drivers and their normal counterparts are all required to have car insurance in the state of Illinois. SR-22 isn’t actually used to define a certain type of car insurance policy. Rather, an SR-22 is a document legally required by states across the nation that can best be described as a certificate of financial responsibility. In other words, the SR-22 document simply says, “Yes, state of Illinois, our insurance company has provided a policy to John Doe, a high-risk driver, that covers him for accidents up to this much money.”
Why Don’t Regular Drivers Need SR-22s?
People deemed particularly high-risk drivers throughout the Land of Lincoln have higher minimum auto insurance requirements. This is because they’ve proven themselves as being riskier; Illinois, like all states, feels these drivers should be subject to stricter insurance requirements.
SR-22s Aren’t Handled by Laypeople
Even if you’re required to be covered by SR-22 insurance, you’ll never actually be required to deliver the document to the Illinois Secretary of State. Rather, your insurer will take care of that for you.
We Can Help Secure Your Affordable SR-22 Policy
Welcome to Illinois Automobile Insurance Agency, home of one of the most affordable SR-22 insurance policy in Chicago; come to website to see how you can proceed from here and get your hands on one of our city-famous policies. You can also connect them on Facebook.
