FR44 insurance isn’t insurance; it’s only paperwork that proves you have the right automobile insurance coverage. You will need FR44 when you have been convicted of a significant traffic offense.
What is FR44 insurance?
An FR44 is a document that verifies that you have the required auto insurance while on the road. Florida and Virginia currently use FR44. If you need to submit an FR44 form, you must contact your auto insurance company, as it will submit the form to the state after you have purchased the required quantity of auto insurance. Your insurance company will send the form to the DMV in your area, which will subsequently reinstate your driver’s license.
If you don’t pay your insurance or let it expire for whatever reason, your insurer will withdraw the FR44 and notify the DMV, which will suspend your license. In addition, you may face additional limits on your driving privileges. If you drive without insurance, the DMV takes it very seriously if you are caught the second time.
If you’re switching insurance carriers right now, you’ll need to let them know you’re searching for an FR44 form. While most major insurance companies will write an FR44 policy, expect your prices to skyrocket. In some situations, going with a second-tier insurer that specializes in high-risk drivers may make financial sense. Check the financial strength of any insurer you’re considering and study reviews, as usual.
FR44 insurance without a vehicle
Your insurance company can file for an FR44 on your behalf with the state DMV by providing you with a non-owner policy that includes an FR44 endorsement. FR44 forms are useful in Florida and Virginia. It ensures that drivers who have been convicted of DUI are adequately insured.
When is FR44 insurance required?
If you have to add an FR44 form to your insurance, you most likely committed a rather significant driving offense. The majority of the time, an FR44 is required for severe movement offenses like:
- A conviction for DUI or DWI
- Driving without insurance is a serious offense.
- Getting into a car accident without having vehicle insurance
- Dangerous driving
Is FR44 insurance cheap?
The FR44 will not be expensive; it is your insurance rate that will skyrocket. While the charge for filing an FR44 varies by insurer, it is usually around $25. But the rise in your insurance rates will be significantly more.
Insurance companies will now classify you as a high-risk driver, which will result in a sky-high premium. When determining a premium, the best car insurance companies analyze many factors, including your driving record, residence, type of automobile, and even your credit score. Still, a serious traffic violation and an FR44 request are never good news.
If you need to submit an FR-44 because of a DUI or other significant violation. After a DUI, your premiums are gonna skyrocket! The average rise in insurance rates is roughly 90%, and in some states, it even exceeds 300%.
An FR44 form in Florida requires you to have bodily injury liability insurance of $100,000/$300,000 and property damage liability insurance costing $50,000. Non-risky drivers need $10,000 in personal injury protection and $10,000 in property damage liability insurance. The other state that uses FR44 is Virginia, which mandates bodily injury liability insurance of $50,000/$100,000 and property damage liability insurance of $40,000. The standard limits for bodily injury and property damage are $25,000/$50,000 for physical injury and just $20,000 for property damage.
The rise in your insurance premiums can vary depending on various factors. But expect your auto insurance premiums to at least double, and the pain will be much worse if it’s a second violation. There’s also a potential that, instead of permitting monthly payments, your insurer will suddenly require you to pay your entire amount upfront.
Sara Sam may not look like your typical car and finance expert, but don’t let that fool you. With over four years of experience in the industry, she knows all the ins and outs of cars, car insurance, and refinancing. You can trust Sara to help you navigate the often-confusing world of automobiles and financing.
