Insurance Coverage for SR22
Q: What insurance coverage must accompany an SR22 insurance form?
A: Just like practically every other state in the country, if you’re in Nebraska, then you need to have a minimum level of car insurance coverage if you want to drive. Especially if you have to file an SR22 insurance form. Here are the minimum levels of coverage required:
- $25,000 bodily injury/death one person
- $50,000 bodily injury/death per accident
- $25,000 property damage
Now, many car insurance companies claim this isn’t enough and you should get more liability coverage, especially in case of a serious accident.
If you have a car which is being financed or leased, then you probably need more coverage, too. For such cars, your contract will stipulate what you need, but usually it’s comprehensive and collision coverage, as well as gap insurance coverage. If you don’t have the minimum state coverage, you may have your license suspended when caught; if you don’t have your contract coverage, you may have your car repossessed.
