What is an SR22 Bond?
If your license was suspended in Ohio by the BMV for not having insurance, tickets, accidents or a serious traffic violation like a DUI, you’ll likely need an SR-22 to get it back.
If you’re here, you probably have questions about SR22 Bonds. Don’t worry – we’ll break it down in simple terms!
SR22 Bonds Explained
It’s designed for people with Suspensions.
The SR22 Bond was created for drivers with suspended licenses who want the minimum coverage to get their driving privileges back. It covers: $25,000 for bodily injury per person $50,000 for bodily injury per accident $25,000 for property damage. Like regular car insurance, the SR22 Bond covers injuries and property damage you cause in an accident. However, it follows you as a driver, not a specific car. It covers you while driving any 4-wheel passenger vehicle for personal use, whether you own the vehicle or not.
If you’re required to carry an SR-22, this is because the BMV wants to be extra sure that you can pay for injuries and damages if you’re in an accident. The SR22 Bond is often the lowest-cost option to meet Ohio’s FR laws.
Required for 1, 3, or 5 yrs
For most first-time no-insurance suspensions, major violations and 12 point suspensions in effect prior to 4-9-25, you’ll need an SR-22 for three years. For those beginning after 4-9-25 the period is only one year. For a second offense or more, the requirement can increase up to five years.
It’s the law for suspended drivers.
In Ohio, an SR-22 is required for most suspended drivers who want to get their license back. You must keep the bond active and pay the premium on time every month.
If your coverage lapses, the BMV will be notified and will suspend your license again. If you get pulled over while suspended, you’ll face serious legal trouble. To avoid this, always keep up with your SR22 Bond payments.