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What happens if I stop paying for my SR22?

I would like to stop paying for my SR-22 because I no longer have a car.

Jan 31, 2019 Miami, FL

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Ava Lynch

Insurance Analyst

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  • 7+ years of Experience in the Insurance Industry

Ava joined The Zebra as a writer and licensed insurance agent in 2016. She now works as a senior insurance contributor, providing insights and data a…

If you stop paying for the SR-22, the insurance company is then required to notify the state that the policy has been canceled.

Typically, the state will suspend your license and you may have additional fines as well. Keep in mind that license suspensions show up on your motor vehicle report which would likely mean that your auto insurance rates would increase the next time you receive a policy. That said, it's recommended that you continue paying your SR-22 if possible.

Read more about SR-22's to find out what options re available to you. Good luck and if you have any other questions, don't hesitate to ask.

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