Nevada SR-22 Insurance: What It Is and How Much It Costs
Nevada drivers found with violations such as driving without insurance, at-fault collisions or driving under the influence (DUI) are required to purchase SR-22 insurance to have their driving privileges restored. In this instance, the person must file an SR-22 form to verify that their car insurance meets the state’s minimum liability requirements.
SR-22 insurance policies are much the same as standard insurance policies, although getting convicted of high-risk traffic violations will cause premiums to increase. According to the MoneyGeek research, State Farm offers the cheapest SR-22 insurance in Nevada, at an average cost of $970 per year.
Which Nevada Insurance Companies Offer the Cheapest SR-22 Insurance?
SR-22 insurance premiums are often higher than standard car insurance due to the gravity of the violation. Drivers will need to pay a small fee to get the SR-22 form. However, this fee does not increase the costs as much as offenses like a DUI do.
On average, drivers pay about $1,487 per year as the minimum SR-22 insurance coverage in Nevada if they have a DUI. A standard car insurance policy for drivers without any high-risk traffic violations costs an average of only $942 per year.
While searching for cheap SR-22 insurance in Nevada, you will come across various options. MoneyGeek established that State Farm provides the most affordable SR-22 insurance in the state. Policyholders pay an average of about $970 per year for a minimum coverage plan.
These rates correspond to a policy that fulfills the minimum car insurance requirements in Nevada, as well as a full coverage policy with $100,000 in bodily injury costs per person, $300,000 for each accident and property damage costs worth $100,000.
Average SR-22 insurance costs in Nevada vary between insurance companies due to a range of factors, including the cost of filing the SR-22 form and loss of discounts. If you need to purchase an SR-22 form and are looking for the lowest rates, be sure to compare at least three different providers.
To get SR-22 insurance in Nebraska, you will need to pay a one-time fee of about $25.
Filing for SR-22 insurance due to any high-risk violation means that you will not be eligible for good driver discounts.
SR-22 insurance costs in Nebraska differs based on the grievousness of your traffic offenses. Severe offenses such as a hit and run attract higher rates.
What Is SR-22 Insurance in Nevada? Who Needs It? How Do You Get It?
Most people call SR-22 an insurance policy, but SR-22 is a form issued by your insurance company to prove that you meet the state minimum liability coverage prerequisites. If you commit a traffic violation that’s considered high-risk, like reckless driving or a DUI, you will need to get an SR-22 form to retain driving privileges in Nevada.
Car insurance rates after a DUI are often higher than when you have a clean driving record. In Nevada, insurance companies file SR-22 forms at the State Department of Motor Vehicles (DMV). You should also check with your provider about their SR-22 policies, as some do not offer SR-22 forms.
NEVADA MINIMUM CAR INSURANCE REQUIREMENTS
While filing an SR-22 form with the DMV in Nevada, your insurer needs to certify that your car insurance meets the state minimum car insurance requirements, which are:
$25,000 bodily injury liability per person
$50,000 bodily injury liability per accident
$20,000 property damage liability per accident
Who Needs SR-22 Insurance in Nevada? And for How Long Do They Need It?
Traffic violations that can warrant SR-22 insurance vary among states. Nevada is one among several states that require you to file for SR-22 coverage if you are convicted of any of the following violations:
Driving without insurance coverage
Driving with a suspended license
You do not need an SR-22 form for minor violations in Nevada. While shopping for affordable car insurance after a ticket or accident, comparing quotes from various providers can land you the best deals. Your rates will be lower than high-risk drivers who must purchase an SR-22.
How long you need SR-22 insurance in Nevada differs depending on each driver’s convictions. Most violations require you have it for at least three years. However, severe violations, such as reckless driving and hit-and-runs, may require that you have an SR-22 for longer.
How Do You Get SR-22 Insurance in Nevada?
You cannot file an SR-22 in Nevada on your own. You will need to contact your insurer and request the form. Nevada requires insurance companies to report that their client has an SR-22 to the state’s DMV.
Car insurance providers often see drivers with SR-22 as high-risk and may decline to offer them coverage. If the provider covers these drivers, their rates will be significantly higher than individuals with a clean driving history. If your insurer refuses to request a form on your behalf, you’ll have to find a new provider.
Non-Owner SR-22 Insurance in Nevada
You may have your license suspended if you have a significant traffic violation in your driving record in Nevada, such as a DUI. To get your license reinstated, you may need to file an SR-22 form, a certificate indicating that you have purchased an auto liability insurance policy in your name, even if you do not own a car.
Having a non-owner car insurance policy in your name is the most affordable way to show that you have liability insurance coverage. This policy will be ideal if you don’t own a car but drive rented cars or vehicles belonging to friends or family. You can show this policy as proof of insurance while trying to reinstate your license.
A non-owner car insurance policy in Nevada costs an average of $1,438 per year for SR-22 filers. The rates quoted by each insurance company vary greatly based on several factors. On average, State Farm provides the most affordable SR-22 non-owner insurance at $664 per year. USAA is the second cheapest, with an average rate of $769 per year. However, the company’s policies are only available for active and retired military personnel and their family members.
The Average Cost of Non-Owner SR-22 Car Insurance in Nevada
MoneyGeek computed non-owner car insurance rates in Nevada for a driver with a DUI on their record, for a policy that included $50,000 in bodily injury liability per person, $100,000 in bodily injury liability per accident and $50,000 in property damage liability per accident.
FAQs About SR-22 Insurance in Nevada
Often, high-risk drivers shopping for SR-22 insurance in Nevada have questions about their insurance costs and the SR-22 filing process. Some of the commonly asked of these are:
An SR-22 is a form required by drivers convicted of severe traffic offenses in Nevada. This document proves that your coverage meets Nevada’s minimum liability requirements.
You can obtain an SR-22 certificate in Nevada by contacting your car insurance provider and requesting it. The insurer will be responsible for notifying the DMV that you need SR-22. If your insurer does not offer this service, you can shop around for a new insurer who does.
SR-22 insurance is quite expensive compared to standard insurance in Nevada. MoneyGeek found that high-risk drivers pay an average of $1,487 per year, compared to $942 for drivers with a clean record.
State Farm provides the cheapest SR-22 insurance in Nevada, with an average annual cost of $970.
The duration differs depending on the severity of your case. The standard period is three years, counting from the time your license is reinstated. More severe violations such as reckless driving may mean you’ll need an SR-22 for longer.
MoneyGeek analyzed renters insurance premiums from seven of the top insurance companies in Nevada that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across Nevada. Quotes were gathered for policies that meet the state’s minimum coverage requirements and for full coverage policies with $100,000 in bodily injury liability insurance per person, $300,000 in bodily injury liability insurance per accident and $100,000 in property damage liability per accident. Rates are for the same driver with both a clean record and a DUI.
About the Author
Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.