Your court or DMV notice says you need an SR-22, and someone mentioned an SR-22 bond. Call us now, and a licensed agent reads your notice for free and gets your SR-22 filed today.
A bond proves financial responsibility without a regular policy. The amount is large, so for most drivers a policy costs far less.
What a bond is
A bond is a promise from a bonding company to pay for damage you cause, up to the bond amount. You pay the company, and it pays victims if you cannot.
Some states list a bond as an acceptable form of financial responsibility. A licensed company must issue it.
States that use bonds
Some states accept a bond in place of an SR-22 policy. Each state sets its own amount, and the amounts we track run from $55,000 to $75,000.
In other states, an "SR-22 bond" is just a minimum-limit liability policy sold under that name. Call now, and the agent tells you what your state accepts and files it.
Cost
With a bond, you pay a premium to a bonding company for the full bond amount. In the states we track, that amount runs from $55,000 to $75,000.
A policy with an SR-22 costs a monthly premium plus a one-time filing fee of $15 to $50, per Allstate. Your record and your state change the premium most.
| Bond | Policy with SR-22 | |
|---|---|---|
| Amount behind it | $55,000 to $75,000 | Your policy limits |
| What you pay | Premium to a bonding company | Monthly premium plus $15 to $50 filing fee |
| Who it pays | Victims, up to its amount | Victims, plus your own car if you add it |
Which to pick
Pick the policy in almost every case. A bond pays victims up to its amount and nothing else. A policy can add coverage for your own car.
If insurers turned you down before, the agent quotes companies that write high-risk drivers. Call now and get your SR-22 on file today.