Q: What are the reasons for SR22 rates being so very high?

A: Well, when car insurance companies come up with the numbers for your SR22 rates, they are looking at a number of things, such as what kind of car you drive, where you live, how much your car is worth, and so on. However, when it comes to SR22, one factor takes the lead in price making, and that’s your driving and insurance history.

If you have an SR22, most of the reasons are pretty negative from the view of a car insurance company. You may have an SR22 because you had too many points from tickets or had a DUI–this means you are a more risky driver and the car insurance company has to see you as a liability and charge you higher SR22 rates. If you had your license suspended because, say, you were driving without insurance, then your car insurance company will still see you as a liability because they are at risk of losing your service.

Since you are a higher risk, your SR22 rates are going to be higher, because you will need to contribute more to the pool of car insurance claims funds than do people who are not quite so likely to file another claim.