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 Rutland 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.