Insurance

SR22: Why Must I Have it and What Does it Mean?

Insurance SR22SR22: Why Must I Have it and What Does it Mean?

SR22 is not actually a type of insurance. It is a form filed by your provider company verifying that you carry at least the minimum amount of coverage mandated by the state in which you reside.

SR22 Form

Most people don’t need an SR22, as either they carry adequate insurance, or they have not encountered a circumstance that would result in them being required to file an SR22. Typical situations that will result in be required to file an SR22 are license suspensions, being uninsured when you have a car accident, multiple violations of the law requiring auto coverage, or major convictions such as a DUI.

An SR22 allows the Department of Motor Vehicles, or the ruling body for automobile licensing in the state, to monitor whether a car owner is carrying the mandatory amount of insurance on their vehicle. The company will file the SR22 with the department as proof of coverage. This is usually in effect for a three year period. Should the insured fail to make payments, the company then cancels the policy and cancels the SR22, thus notifying the state.

The policy under an SR22 is really no different than a regular auto policy. The only difference is that this form, the SR22 is filed with the state, and the state is notified if the coverage lapses. You are covered for the same things, like driving someone else’s car.

Ask Your Company

If you are required to get an SR22, it does not entail much work. Ask your insurance company, or the company you choose, to issue one for you. They are fairly inexpensive and most companies will issue one free of charge, or with a fee every few months.


Dental Insurance Helps You See Dentist Regularly

Dental Insurance

Protecting our teeth starts at an early age to ensure that we have healthy teeth and gums. Problems on teeth may come unnoticed, so it is advised to do regular check up. A dentist requires a person to have routine dental check up at least twice a year. But just like any other check up, professional consultations comes with hefty fees. So oftentimes we skip on appointments to minimize our expenses however our health becomes at risk. This is where dental insurance companies set in.

What Dental Insurance Covers

There are different types of dental insurance that covers specific needs of people. The most basic type if dental insurance policy includes prophylaxis, tooth extraction and tooth filling with least premiums required.  There are also supplemental dental insurance plan that provides addition dental services not covered by existing policy.

Dental Plan

There are a lot of advantages in securing a dental plan for your family. First, your family gets regular teeth protection and that we never get to skip dental appointments due to insufficiency of funds. As we see dentists regularly, tooth problems and other related diseases are prevented. As more internal diseases like rheumatic heart are triggered by poor oral health and hygiene, we can be assured of our health if we get see a dentist.

 


Insurance

Life doesn’t stop when an accident happens or a traumatic financial impact occurs. It just keeps going on and if you are not prepared for what life can hit you with then your future is not as secure as it can be. Insurance is a way that you can protect your family from disasters caused by medical issues, loss of employment and natural disasters.

Insurance

Preparing from the situations that life can throw at you is based on the kinds of insurance you should carry to prevent further hardships. The insurance that everyone should carry are car insurance, home and renters insurance, life insurance and medical insurance. Knowing even just the basics about insurance can help you to determine the type of insurance to get and the best insurance agencies that can offer that insurance to you.

Types of Insurance

Car insurance is mostly mandatory in every state. There are a few exceptions, but that may be changing over the next few years so that states can generate more income. The mandatory insurance per state usually only covers a very small amount, which can make the insurance very inexpensive, but if you are in an accident, the minimum amount may not be able to cover all of the incurred expenses. It is best to get more than the minimum car insurance so that if need be, you could sustain an at-fault accident or your car being totaled. It is important to keep in mind that not everyone carries insurance and if you are hit by an uninsured driver, then your insurance will need to cover the costs of the repairs. However, if your insurance does not protect you in a significant way from uninsured drivers, you could be left without a car even while the person that hit you waits for a trial.

Home and Renters insurance protects you from losing all of your valuable possessions. If you are covered with home or renters insurance, then the monetary value of your possessions as well as the structure itself is covered and protected from loss. A home is a huge investment and not going with home insurance could wipe you out financially. Home insurance is as important as maintenance to a house is. Renters should pay close attention because every year tens of thousands of people lose all of their possessions to apartment fires, floods and the like. If you are a renter then it is time to get renters insurance.

Life Insurance is not a favorite topic for everyone, but it is important to have to keep your family’s finances secure in the occurrence of an untimely passing. Life insurance can help funeral costs, mortgage payments and clearing up any remaining debt that was left behind that the estate may be responsible for.

Insurance

Insurance is a necessity that can protect you, your family and your finances from unforeseen events. Most insurance can be carried at reasonable rates and the most important thing is that it can give you peace of mind.


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