Not having an auto insurance policy that meets Delaware's car insurance requirements is illegal and can lead to the driver being fined, penalized, or even incarcerated. The difference between SR-22 and regular insurance is that SR-22 insurance is for high-risk drivers who have been convicted of serious traffic violations, while regular insurance is for anyone who drives a car. If you have an accident while driving without insurance in Delaware, you will be cited and all penalties for driving without insurance will apply, no matter who is at fault. Purchasing Delaware minimum liability auto insurance coverage is the easiest way to meet the financial responsibility requirement.
Geico, State Farm, Nationwide and The General are good places to shop if you need car insurance for people without drivers. The consequences of driving without insurance are ultimately more costly than buying minimal car insurance coverage. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. Every state has different minimum car insurance requirements, so whether you currently live in Delaware or are planning to move to the state, it's important that you know the specific car insurance laws to be prepared and financially protected.
The SR-22 is a form that the insurer submits to the state by the insurer to show that the driver has the legally required amount of insurance. SR-22 insurance typically costs much more than regular insurance because of the high-risk designation that comes with crimes such as driving under the influence of alcohol and reckless driving. For insurance companies, it's similar to having a bad driving record, which is why drivers who let their insurance expire for 60 days pay approximately 11% more than the average premium in Delaware. In Delaware, drivers with just two speeding tickets pay an average of 33% more on their annual car insurance premiums, for example.
If you borrow a car from someone who lives in their own home, it must be listed on the car owner's policy.