If you've been required to file an FR44 or SR22 in Florida, you might be wondering about the costs involved. Both FR44 and SR22 are financial responsibility forms mandated by the state for high-risk drivers, but they come with different requirements and price points. In this article, we'll break down the cost of FR44 and SR22 insurance in Florida and what factors affect their pricing.

What is FR44 Insurance and How Much does it Cost in Florida?

FR44 insurance is required for drivers convicted of DUI (Driving Under the Influence) or DWI (Driving While Intoxicated) in Florida. It mandates higher liability coverage than SR22 insurance, making it more expensive.

Average Cost of FR44 Insurance in Florida

The cost of FR44 insurance in Florida can range from $300 to $3,000 per year, depending on various factors such as driving history, age, location, and insurance provider. On average, Florida drivers can expect to pay $1,500 to $2,500 per year for FR44 coverage. The high cost is due to the state's minimum liability coverage requirement of 100/300/50 (i.e., $100,000 for bodily injury per person, $300,000 per accident, and $50,000 for property damage).

What is SR22 Insurance and How Much Does it Cost in Florida?

SR22 insurance is a certificate of financial responsibility required for drivers who have committed serious traffic violations but do not necessarily have DUI convictions. It has lower liability requirements than FR44 insurance, making it more affordable.

Average Cost of SR22 Insurance in Florida

The cost of SR22 insurance in Florida typically falls between $500 and $1,500 per year. On average, Florida drivers pay around $800 to $1,200 annually for SR22 coverage. The filing fee for SR22 is usually around $15 to $25, but the real expense comes from the increased premiums due to the driver’s risk level.

Factors Affecting FR44 and SR22 Insurance Costs

Several factors influence the cost of FR44 and SR22 insurance, including:

1. Driving Record: The severity of your violations will impact your rates significantly.

2. Age and Gender: Younger drivers and male drivers generally pay higher premiums.

3. Location: Urban areas tend to have higher insurance rates than rural areas.

4. Insurance Provider: Different insurers offer varying rates and discounts.

5. Coverage Limits: Opting for higher coverage limits increases costs.

How to Get Affordable FR44 and SR22 Insurance in Florida

To reduce your FR44 or SR22 insurance costs, consider these tips:

1. Compare Quotes: Shop around and compare rates from multiple insurers.

2. Bundle Policies: Some insurers offer discounts for bundling auto insurance with other policies.

3. Improve Your Driving Record: Avoid further infractions to lower future premiums.

4. Take a Defensive Driving Course: Some insurers provide discounts for completing state-approved driving courses.

Conclusion

The cost of FR44 and SR22 insurance in Florida varies depending on multiple factors, but generally, FR44 insurance is more expensive due to higher liability requirements. While SR22 insurance can cost between $500 and $1,500 per year, FR44 insurance can range from $1,500 to $3,000 annually. To secure the best rates, it’s essential to compare quotes and explore discounts.

Need an FR44 or SR22 policy in Florida? Start comparing quotes today to find the most affordable option!