To be able to drive on US roads and highways, drivers will first have to make sure that they carry car liability insurance, a mandatory driving requirement in the US. Car liability insurance is meant to cover property damage and bodily injury, two usual results of car accidents. Coverage for damaged property should cover the cost of replacement or repair of damaged property, including another car or a fixture, while coverage for bodily injury is meant to cover cost of medical treatment, loss of income suffered by the injured person and others damages.
Presenting any proof that one has car liability insurance coverage is often required when re- registering a vehicle. A fairly reasonable requirement, considering the fact that the insurance’s purpose is simply to ensure financial assistance to other people in the event of an accident and, with more than five million car accidents in the US every year, this one driver would certainly want that the other driver he/she is sharing the road with carries the state-required liability coverage.
A common fault among drivers, though, is failure to maintain or renew (on time) his/her insurance coverage after the re-registration period due to the costly premiums that need to be paid. This can cause a victim (in an accident) great losses, especially if the liable driver cannot afford to compensate the victim.
According to Habush Habush & Rottier S.C.®, one very big disadvantage of not carrying car liability insurance (and getting caught) which drivers may not know, however, especially those living in the state of Chicago, is that their respective state’s Department of Motor Vehicles (DMV) may require them to acquire and fill out a Chicago SR-22 coverage form (also known as FR-44 or Certificate of Financial Responsibility, CFR).
An SR-22 is a form submitted by a car liability insurance provider to the state’s DMV to prove that the driver required of it already carries the liability insurance coverage required of him/her. Besides failure to carry car liability insurance, another reason why a court may require a driver to fill out an SR-22 form is repeated DUI/DWI offense or death during an accident. Besides the SR-22, a driver is also most likely to lose his/her driving privileges as he/she may lose his/her license through suspension or revocation.
On its website Mark Lassiter, Attorney at Law also mentions that a common punishment for DUI or DWI offenses is losing one’s license or having it suspended for at least 180 days, in addition to lengthy jail terms and thousands of dollars.