馃攳
Ohio BMV & SR22 Auto Insurance License Reinstatement Guide - YouTube
Channel: unknown
[3]
Hello! I'm Dan Lyles with Lyles Insurance.
in this video is intended as a guide for
[10]
those of you who are going through the
process of going through the ohio B&B
[15]
and needing an sr-22 auto insurance
filing to get your license reinstated if
[22]
you're not familiar with the process
this video will answer a lot of your
[28]
questions to get your license reinstated
after a suspension there's a certain
[39]
procedure you have to follow you might
have had to serve some suspension time
[46]
you'll have to pay any fines
reinstatement fees some of you may have
[53]
been required to take some safety
courses once you've met all those
[58]
requirements getting an sr-22 filing is
usually the last step you need to take
[64]
before you get your license reinstated
[70]
before I get more into sr22 filings I
want to clear up some confusion
[75]
regarding a misleading term that
probably all of you have heard sr22 bond
[85]
there is no such thing as an sr-22 bond
an sr-22 is not a bond nor is it auto
[95]
insurance it's simply a state filing
that you attach onto either an auto
[101]
insurance policy or a financial
responsibility bond and I think that's
[107]
where the term came from Ohio is the
only state that has these financial
[113]
responsibility bond and an agent is
going to understand what you mean when
[119]
you say sr22 bond but just to understand
that it's a misleading term because it
[125]
leads to confusion when you go to set up
a policy
[132]
so what an sr-22 filing actually does it
lets the Ohio BMV know that you're
[140]
carrying at least state minimum
liability auto insurance coverage and as
[147]
long as you people policy with an
attached sr22 filing active your license
[153]
will remain valid but here's the bad
news about an sr-22 filing it acts as a
[163]
tattletale as I like to call it because
if you cancel lapse or expire on an
[171]
sr-22 attached auto insurance policy or
bond the auto insurance company is
[178]
required by law to tattle on you to the
state B and B but once that happens
[183]
they'll suspend your license again until
you either reinstate to policy or start
[190]
a new one with another sr22 attached
[196]
this part is very important what's the
best way to set up an sr-22 filing well
[204]
it's real easy if you own a vehicle or
have a vehicle registered in your name
[210]
you simply need to buy a regular auto
insurance policy and attach the sr22
[218]
filing on to it now I know a lot of auto
insurance companies don't write SR 22s
[226]
and some will write SR 22s but charge
you a fortune for it so you've got to
[234]
look for the right company there and
I'll get into that here in just a minute
[239]
now for those of you who do not own a
vehicle you'll need to buy what's called
[246]
the financial responsibility bonds and
attach the sr22 on the it it's as simple
[255]
as that but there's a lot of people that
get this wrong
[263]
as far as finding the best rate as I
just mentioned some auto insurance
[270]
companies won't help you at all with
sr22 others will but they'll charge you
[276]
an arm and a leg so your best bet is to
find an independent agent that
[282]
specializes in high-risk auto insurance
that way you get multiple quotes at once
[290]
instead of quoting with one company at a
time and finally once you've bought a
[300]
policy with an sr-22 attached to it how
do you file it with the Ohio BMV well
[308]
you have two options an easy way in a
fast way
[313]
the easiest way which is the most
popular most common is to simply do
[319]
nothing because once you buy this policy
with an sr-22 the company will
[325]
electronically file it to the State DMV
the slow part is once the BMV gets it it
[333]
usually takes them one to two business
days to process it but at least you
[339]
don't have to do anything it's automatic
now if you want to get your license back
[346]
quicker than that you also have the
option of taking your paperwork to the
[353]
BMV yourself once you buy a policy your
agent can email or fax you the paperwork
[358]
you need minutes and then you just take
the paperwork to the BMV in person
[364]
chilling you've got an active sr22
they'll process it right there on the
[370]
spot so I hope this video has taught you
what you need to know about the process
[376]
of going through the ohio B&B and
getting an sr-22 filing to get your
[383]
license back thanks for watching and
have a great day
Most Recent Videos:
You can go back to the homepage right here: Homepage