SR-22 Auto Coverage in Iowa
SR-22 Auto Insurance in Iowa
Iowa auto insurance rules are strictly enforced. The state uses the tort system, which means when there is an accident, someone must be found at fault. Auto insurance carriers in Iowa caution all drivers to carry enough insurance to handle any court judgment that may arise.
As you probably know, you may also be required to obtain SR-22 auto insurance. Though it's a type of coverage for "high risk" driver, it can still be obtained at affordable rates.
Iowa SR-22 issues
The Iowa Financial & Safety Responsibility Act ensures that certain drivers are covered by auto insurance. These drivers may have been convicted of DUI, driving without auto insurance, reckless driving or other offenses. Persons who fall under this act may be required to get an SR-22 auto insurance certificate.
The SR-22 is a certificate that states that you have purchased auto insurance. It also states that if you let the insurance lapse, for any reason, then the Iowa DMV will be notified. When that happens, you normally lose your license. You must keep the SR-22 in good standing, as well as the auto insurance policy itself, in order to continue driving in Iowa.
Out of state SR-22 auto insurance in Iowa
An out-of-state SR-22 is not valid in Iowa. You must get your SR-22 from an auto insurance company that is licensed to do business within the state.
Alternatives to SR-22 auto insurance
A way around the Iowa SR-22 requirement is to post a surety bond, cash, or securities equal to $55,000. As this is not financially feasible for most people, the use of the Iowa SR-22 is the more common method of proving current auto insurance levels.