All About SR22 Bonds
What is an FR/SR22 Bond?
The SR22 or FR Bond was designed for people with suspensions who want the minimum coverage required by the BMV to get their driving and registration privileges back. Like car insurance, it covers injuries and property damage you cause in an accident. However, it follows you as a driver, not a specific car.
The SR22 Bond meets Ohio’s minimum liability requirements: $25,000 for injuries to one person, $50,000 for total injuries per accident, and $25,000 for property damage. It covers any 4-wheel passenger car you use for personal driving, whether you own the car or not.
This bond is a stand-alone option, so you don’t need any other insurance to meet Ohio’s Financial Responsibility laws. It’s available for both car owners and non-owners. SR22 Bonds do not cover your injuries, damage to the vehicle you’re driving, or extend coverage to other drivers using your vehicle. When you have an SR22 Bond, you can’t let anyone else drive your car.
How Does Ohio’s FR Law Work?
To drive legally in Ohio, you must prove you can pay for damages and injuries from an accident. The state requires a minimum of $25,000 per person and $50,000 per accident for injuries, plus $25,000 for property damage.
If you’re stopped or in an accident, you must show proof of Financial Responsibility (FR). If you can’t, you could face serious penalties, including a 2-year license suspension, a reinstatement fee of up to $550, and possible impoundment of your plates and registration.
If your license is suspended, you’ll need to pay reinstatement fees and file an SR-22 Form with the Ohio BMV. Once your SR22 Bond is issued, the insurance company will file it electronically with the BMV, which can take up to 3 business days to process.
For faster reinstatement, you can bring your SR-22 Form and other required documents to a local BMV office. We can also fax your SR-22 directly to any BMV fax number. Once payment is confirmed, your SR-22 will be ready, and you could regain your driving privileges as soon as today!
What is an SR-22?
An SR-22 (also called an SR22 bond, SR-22 filing, or SR22 insurance) is a form provided by an insurance company to prove your “Financial Responsibility” to the Ohio Bureau of Motor Vehicles (BMV). It’s required for most BMV-ordered suspensions, such as those for 12-point violations, hit-and-run, driving without insurance, noncompliance, DUI, and more.
The SR-22 shows that you have at least the minimum liability coverage required by Ohio law. It also requires the insurance company to notify the BMV if the coverage is canceled. This helps the BMV make sure drivers follow Ohio’s Financial Responsibility Laws.
Most SR-22 filings are required for three years, but some suspensions may need you to file for five years.
Who does the SR22/FR Bond cover?
The SR22/FR Bond covers only the person named on the bond. It pays for injuries and damages they are responsible for while driving any 4 wheel private passenger car for personal use.
Does the SR22/FR Bond cover my car?
No, the SR22/FR Bond does not cover damage to the car you’re driving. It only covers damage you cause to other people’s property, like vehicles, fences, posts, trees, or houses.
Will the SR22/FR Bond cover my injuries?
No, the SR22/FR Bond does not cover your injuries or those of your passengers. It only covers injuries you may cause to people in another vehicle or to pedestrians.
How much will my SR22 Bond cost?
The rates for SR22 Bonds are affected by several factors, including your driving record, age, marital status, and where you live.
Will my rate change?
No, we run all reports and only quote prices that we know will be accurate. All insurance companies adjust their rates from time to time. If you don’t complete your purchase soon, be sure to check back to make sure there have been no changes.
FR/SR22 Bond vs Non Owner Policy
An FR/SR22 Bond covers you while driving any 4 wheel vehicle for personal use, whether you own it or not. On the other hand, a non-owner policy does not provide coverage when driving:
- a vehicle you own,
- a vehicle owned by someone in your household, or
- any vehicle that is regularly available for your use.
LET US HELP YOU!
Losing your license disrupts your life, making daily tasks like work and errands difficult. Securing an SR22 bond is essential but often feels confusing and expensive.
The stress of delays, hidden fees, and complicated processes only adds to the frustration. You just want to get back on the road, but it feels like an uphill battle.
That’s where we come in. Our streamlined SR22 bond services are designed to make the process simple, fast, and affordable. We’ll guide you every step of the way, offering transparent pricing, quick approvals, and expert support so you can get your license reinstated without the hassle. With our reliable solutions, you’ll be back on the road—and back to your life—in no time. Let us handle the paperwork while you focus on what matters most.
HOW OUR PROCESS WORKS
- Fill out our short quote form.
- We compare the rates of our many insurance companies.
- Lowest Price quoted with a link to get started.
- Payment submitted on our Secure Form.
- E-signature email sent.
- Paperwork available instantly when completed.
- SR22 e-filed/faxed to the BMV.
- License Reinstated!
10 Reasons to Let Us Help
- Low Down Payment
- Low Monthly Payments
- No Extra Agency Fees
- Same Day E File/Fax to BMV
- EZ Online Purchase
- Instant Access to SR22 Form
- Over 48 Years Experience
- BBB Accredited – Rated A+
- Fast, Friendly Service
- Available 365 Days a Year
LET's GET YOU BACK ON THE ROAD!
MEET THE AUTHOR, RICK SILVERMAN
With over 40 years of experience helping suspended Ohio drivers find low-cost SR22 bonds to get back on the road, Rick is the CEO of SR22Ohio.com. He specializes in high-risk drivers and can get them back on the road fast. Rick holds a BA Degree in Psychology, and lives in the Cleveland area with his wife and cherished dog Ryder.