SR-22 car insurance certificate
Filed under: Non owner insurance Pennsylvania, SR22 Allentown PA, SR22 Pennsylvania, SR22 Philadelphia, Teen insurance Pennsylvania
Q: Why is it that, now that I have an SR-22 car insurance certificate, my rates are so high?
A: Your rates rise after a filing of your SR-22 car insurance certificate because you have now entered a new class of risk, and your car insurance company must charge accordingly. People who have more tickets or more accidents are risky not only based on their past behavior, but based on the likelihood of them behaving the same way in the future. In fact, there have been countless studis based on the information car insurance companies have in their customer databases, as well as on information gathered by police departments in accident and ticket reports, which go to show that the more tickets or accidents you have or get into, the higher your risk of getting into another accident rises.
Paying more for your SR-22 car insurance certificate is frustrating now, but consider that you won’t be in this position forever. If you drive safely and stay out of trouble, then someday you’ll be on the other side. You pay more so that less risky people who have a smaller chance of needing company money can pay less, and your higher prices now may be helping you pay less in the future.
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