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Car Insurance Question  I live in Green Bay, Wisconsin and I wanted to know how long do I have to hold Sr22?

You should contact the Wisconsin Department of Transportation (DOT) to find out for certain about your particular situation however normally in WI you will need to obtain and maintain a SR22 for 3 years.

The WI DOT notes that for the SR-22 proof of insurance, it must be filed for three years from the reinstatement eligibility date, or for three years from the court entry date of a damage judgment that was effective before September 1, 2000.This state agency goes on to say that if at any time during the three-year filing period, a person wishes to stop filing insurance, and discontinue driving in Wisconsin, they can avoid paying the reinstatement fee in the future by surrendering their driver license to the WisDOT while the insurance is still in force.

In Wisconsin proof of financial responsibility is certifying that you have liability insurance in the amounts of at least $25,000 and $50,000 for personal injury or death and $10,000 for property damage (25/50/10).

Proof of insurance is filed by obtaining an SR-22 certificate issued by an insurance company licensed to do business in Wisconsin. In some cases, substitutions, such as a bond from an insurance company or a cash deposit of $60,000 posted with the Wisconsin Department of Transportation (WisDOT) will be accepted.

Proof of insurance is necessary to obtain an occupational license or to reinstate a driver license after operating privileges or vehicle registration has been revoked. Also the SR22 is needed to reinstate a driver's license after suspension if the suspension is a damage judgment or a suspension under the uninsured motorists/safety responsibility law. This certificate of financial responsibility can also be filed for drivers under the age of 18 in lieu of having a sponsor.

During the period of revocation or suspension, a person whose operating privilege was revoked or suspended must file insurance only if they wish to obtain an occupational license.

Most insurance companies that file proof of financial responsibility will mail the certificate directly to WisDOT. Some companies will give the SR-22 to the customer and some companies will electronically file the information to WisDOT's computer system. The electronically filed information is usually entered automatically on the customer's driver record within one or two working days.

If you need a SR-22 filed for you or if you are shopping around for auto insurance quotes because your SR22 filing period is over you can click here for affordable auto insurance.

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This car insurance question was asked on 4/19/2008
This auto insurance answer was last updated on 4/22/2008
Elizabeth requested this car insurance solution.
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