The SR-22 auto insurance filing within Vermont is a document or certification filed by insurance providers on behalf of individuals who have committed certain violations within the state. It is intended to serve as a proof of future financial responsibility to the state DMV before they approve the reinstatement of revoked or suspended licenses.
Offences or violations that require the filing of this form are:
In the event that you ever need to file an SR-22, you would be notified by the state. The SR-22 is, however, only accepted from insurance companies and as such no independent insurance agent may file on your behalf.
Other than the cost of purchasing an adequate policy as is required for the filing of a valid SR-22, the insurance provider who handles your policy and processes the filing on your behalf usually charges a small fee of not less than $20.
However, the real expense of the SR-22 filing comes in the increased premiums you would be required to foot compared to standard policies. This increase is due to the classification as a high risk driver implicitly attached to the SR-22 certificate. The specific value would still vary from provider to provider and it would be prudent to weigh multiple providers and policies against each other as this would help in getting the highest value for cost.
The financial impact could get higher still if any other convictions are passed through during the period of maintenance of the SR-22 filing.
Apart from all this, other factors that could affect the cost of your policy are gender, age, credit score, marital status and so on.
In Vermont, you have the option of filing an SR-22 as a separate policy, independent of other existing policies. This can be done with a one-time payment and can minimize the long term effects associated with this offense.
There are two main types of SR-22 policies within the state:
The Vermont DMV has the power to issue an ignition interlock restricted driver’s license along with the installation of an ignition interlock device. This is all in an effort to curb drunk-driving offences. To obtain the restricted driving license, one is required to pay a reinstatement fee, provide proof of future financial responsibility via SR-22 and provide proof of installation of the ignition interlock device by a court-approved provider.
If you have no car in Vermont but are required by the state to file an SR-22, you would be required to buy a non owners auto insurance policy that meets the states requirement. Not doing this would mean you license stays suspended or revoked.
If you don’t have a license or have had your license revoked or suspended, you would also be required to get an adequate insurance policy along with your SR-22 to have your license reinstated again.
To file an SR-22 in Vermont, one would need to find an insurance provider who issues the form. The next step would be to purchase an insurance policy with this provider that satisfies the minimum liability coverage requirements of Vermont. These requirements are:
Once the policy is purchase, the insurance provider files the SR-22 with the Vermont DMV. Once accepted, a notice would be sent by the DMV confirming the filing.
In the event that you need to move out of state while maintaining an SR-22 insurance policy in Vermont, you would be required to continue maintaining the filing for the duration previously determined by the court.
Similarly, if you are moving into Vermont from another state where you are carrying an SR-22 insurance policy, you would be wise to maintain that policy. It might however be important to check with the state DMV to ensure that the local requirements are met.
In Vermont, the duration for which the SR-22 filing must be maintained is determined by the court but this duration is usually three years. Any lapse in coverage during this time would require your policy provider to file an SR-26, notifying the law of the lapse and warranting an immediate suspension of your license.
What to do if the SR-22 lapses
As previously stated, any lapse in coverage would lead to your insurer filing a report that would consequently result in the suspension or revocation of all driving privileges.
This would result in your having to pay whatever court and reinstatement fees are necessary along with the premiums of your renewed policy.
Such a situation is, however, best avoided by renewing your policy weeks in advance to be safe.
How to go about cancelling my filing when I no longer need SR-22 coverage
Upon completion of the state mandated period of maintenance of the SR-22 filing, you can contact the DMV to confirm the completion before reaching out to your insurance policy provider to request the cancellation of the filing. After the cancellation, your insurance policy rates should be returning to the standard rates.