An SR-22 form is a proof of financial responsibility required of some drivers in most states before they are legally allowed to drive. However, Maryland does not require the filing of this form from any drivers within the state.
Despite the lack of requirement of the filing within Maryland, drivers are still required to proof their future financial responsibility in the event of an accident and, as such, they are required by law to possess a valid auto insurance policy before getting behind a wheel. This financial responsibility proof must be carried by drivers every time they are operating a vehicle.
The car insurance policy, to be valid, must meets certain liability coverage, personal injury protection and uninsured motorist insurance requirements that have been mandated by the state for every driver. These requirements are:
Provided this policy stays active and is regularly renewed, a driver is legally permitted to drive within the state of Maryland. But in the event that a driver fails to renew the insurance policy or allows it to apse, it becomes unlawful for such an individual to drive.
Certain states within the country require their drivers to file for another form in place of an SR-22. One of such forms is the FR-19 that is required of drivers within Delaware and Maryland. The FR-19 form is to be filed with the department of motor vehicles and the filing can only be done by an authorized insurance provider within the relevant state.
Just like an SR-22, the form is filed by an insurance provider, on behalf of a client, as a means of proving to the state that such a client has an insurance policy that meets the minimum liability coverage requirements of the state.
However, unlike an SR-22 form within other states, the FR-19 is not required after certain offences or violations have been committed. It is really just a verification of possession of insurance that the state may require of drivers. Also the form is to be issued by insurance providers without charge to the individual that requires it.
Drivers within Maryland are also encouraged to purchase personal injury protection coverage of at least, $2,500. This would help take care of medical expenses that result from injuries sustained I an accident regardless of who was at fault for the accident. Typically, this coverage can be used before dipping into your regular health insurance coverage in the event of an accident. It can also come into effect following an injury in a taxi or while occupying someone else’s car.
This insurance coverage would cover all expenses associated with a vehicular accident including hospitalization, ambulance rides, surgery, therapy, rehabilitation and, if necessary, funeral expenses. The coverage also provides for up to 85% of lost wages while an individual is unable to work due to injuries sustained in an accident and, just like comprehensive claims, it does not affect your car insurance rates.
Ordinarily, in Maryland, drivers pay below the national average for a car insurance policy and the average cost of car insurance in Maryland is about $1,541. However, the specific amount that would be required of individual drivers would vary from provider to provider.
Since different policy providers employ different formulas or methods of driver evaluation, their rates would also differ but despite the difference in methods, certain factors are generally recognized to be important in the determination of insurance rates. These factors are driving record, credit score, age, gender occupation and so on.
At the end of the day, no matter the policy that is purchased or the insurance rate charged by the policy provider, the insurance policy has to meet the minimum liability coverage requirements of the state of Maryland to be valid.
There is no requirement for an SR-22 filing in Maryland but drivers within the state may be required to maintain an out of state filing for whatever reason. There are three types of SR-22 car insurance forms:
If you have no car in Maryland but have access to other peoples vehicles that you often operate, you are still required by state law possess a valid insurance policy before you would be legally permitted to drive.
There is no SR-22 filing requirement in Maryland but if you are required by the state to file an FR-19, you can be issued the form free-of-charge by any insurance provider. Once a valid policy is purchased, the form can be filed with the state by the insurance provider.
Despite the fact that the state of Maryland does not require an SR-22 filing of its drivers, individuals with the filing in other states are advised to maintain it for the mandated time. A failure to do so would result in a suspension of one’s driver’s license within that state and could consequently lead to a loss of driving privileges in Maryland also.
While there is no need to file an SR-22 in Maryland, all drivers are required to possess an insurance policy that meets the minimum liability coverage requirements of the state. As such, every driver must have an active policy before driving and should have proof of insurance on their person while driving. Hence, if a driver’s insurance should lapse, it would be better to renew it before driving again.