Do I Still Need S22 in Vermont if I Have Full Coverage Insurance?
Reader’s Question:
I have full coverage on my new car do I still have to obtain an SR-22? I live in Rutland, Vermont.
Bob
Rutland, VT
If you have been informed that you are required to carry an SR-22 financial responsibility certificate in Vermont, you will likely have to continue to hold it even if you have insurance coverages beyond what it requires of you. The Vermont Department of Motor Vehicles, states that individuals that are required to file an SR22 certificate must maintain it and have it on file with the DMV for a minimum of 3 years without any lapses.
If you have not violated any Vermont laws and have not been required to acquire a SR-22 than your full coverage, which should include the minimum liability limits plus collision and comprehensive coverage should be enough to cover your car. The minimum liability limits for Vermont are bodily injury $25,000 for one person up to $50,000 for two or more persons killed or injured in an accident and property damage in one accident for $10,000.
Commercial Auto Insurance Requirements in Michigan
Reader’s Question:
Are there any requirements that must be met before an insurance provider in Michigan may apply rating credits or debits to a commercial automobile insurance policy?
Harry
Clinton, MI
There are likely requirements that insurance providers in Michigan dealing with commercial automobile insurance polices have when applying credits or debits but I dont have much information regarding the commercial automobile industry so for help with finding out what these requirements I suggest that you contact your state’s insurance regulatory body.
This state agency can assist policyholders with the rating system of insurance providers and should be able to answer questions regarding the application of credits and debits.
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