Renters insurance will protect you financially in three ways:
Personal liability protection: Should there be an accidental injury or property damage that occurs in your rented space, renters insurance steps in.
Personal property protection: Renters Insurance
will protect your belongings and furniture against losses like fire,
vandalism, hailstorms, smoke, lightning, and theft.
Extra living expenses: If you have to relocate from
your apartment for repairs to damages and are forced to live in a hotel
or other living arrangements, renters insurance can provide coverage
for your situation.
We Work for You
Instead of working for one big company, our family of Independent
Agents represent multiple insurance providers. This allows us to compare
rates and coverages so you’ll get the best coverage-to-value policy
available. We’re here to serve you.
If you don’t recognize either of the (2) terms above then odds are you don’t need either one added to your auto insurance.
Both are certificates of financial responsibility that may be required by Virginia DMV. Typically an SR-22 form is required when a driver has had their license suspended due to driving without insurance, failure to pay fines, revoked license, or other relation incidents. An FR-44 is typically required for incidents such as a DUI or other drug related charges.
Neither of these forms are a type of insurance—they’re simply forms that DMV requires you to carry for insurance monitoring. And to guarantee authenticity, SR-22 and FR-44 forms must come straight from your auto insurance provider. The only difference in these forms is that an FR-44 requires double the state minimum liability coverage, or $50,000 each person/$100,000 per accident/$40,000 property damage to others (50/100/40).
Your situation with Virginia DMV determines the length of time each form will be required. An SR-22 is commonly required for a minimum of 3 years and a FR-44 for 5 years.
If there is no vehicle registered under your name Virginia DMV may require either form on your license. In this situation, you can get an auto insurance policy without a vehicle. When you get a vehicle, your SR-22 or FR-44 will need to be added to your insurance policy with the appropriate form filed before you can register the vehicle with Virginia DMV.
Need an SR-22 or FR-44? We can help.
Not every insurance carrier offers these forms. However, our Family of Independent Agents represent multiple carriers instead of working for a single company. This means that we can help with your SR-22 or FR-44 filing.