Required by state law

SR 22 Insurance is sometimes called, a certificate of insurance or a financial responsibility filing, Required by most DMV's for high risk policies. A DMV may require an insured sign up for SR22 insurance when there is a conviction of an accident or other related traffic offense on a drivers record like a DUI or driving without a license. An SR22 may be required for 3 years for driving with no insurance or driving with a license suspension and up to 5 years for a DUI. If an SR22 insurance is expired or cancelled the insurance company is required to fill out an SR26 form which certifies to the courts cancellation of the policy. Some state allow you to submit an SR22 in lieu of a cash deposit, Arizona for example. In stead of paying a $40,000 cash deposit you can be given an SR22 which comes with higher premiums due to the higher risk.