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Risk Insurance

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Definition - What does Risk Insurance mean?

DUI convictions can be costly. Not only will drivers have to pay hefty fines and potentially spend time in jail, they may also have to purchase higher risk insurance. In many states DUI offenders with multiple DUI convictions will have to purchase an additional high risk insurance policy called SR22 Insurance.

SR22 Insurance allows a driver to pay increased insurance premiums to protect the insurance company against their extra risks they are likely to incur from insuring high risk drivers. Seeking legal counsel as soon as possible may minimize a driver's insurance risk and may determine whether or not they will have to purchase risk insurance after a DUI conviction.

Related Links

  • DUI Penalties -- DUI penalties can be costly, not only in money and time, but they can also affect a driver's family and job opportunities

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