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SR-22 auto insurance is a unique form of auto insurance that is mandated by law in the United States for certain drivers. The SR-22 requirement is typically triggered by a serious driving offense, such as a DUI or a major traffic violation. Drivers who are required to carry SR-22 insurance are deemed to be high-risk by insurance companies and are therefore required to carry a higher level of coverage than the average driver.
According to recent data, there are approximately 1.1 million drivers in the United States who are required to carry SR-22 insurance. This represents roughly 1% of all licensed drivers in the country. The majority of these drivers are male, with approximately 70% of them being men. The average age of a driver who is required to carry SR-22 insurance is 35 years old.
The cost of SR-22 insurance can vary widely depending on a number of factors, including the driver’s age, driving history, and location. However, on average, drivers who are required to carry SR-22 insurance can expect to pay between $300 and $800 per year for coverage. This is significantly higher than the average cost of auto insurance for drivers who are not required to carry SR-22 insurance.
In recent years, there has been a trend towards stricter enforcement of SR-22 requirements by state authorities. This has led to an increase in the number of drivers who are required to carry SR-22 insurance, as well as an increase in the cost of coverage for those drivers. As a result, it is more important than ever for drivers who are required to carry SR-22 insurance to shop around for the best rates and coverage options.
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