How Do I File an Ohio SR22 Bond with the BMV?

How Do I File an Ohio SR22 Bond with the BMV?  


The first step is to buy an auto insurance policy with an SR22 filing attached to it. In Ohio this can be done by any one of the following policies:

• Regular Auto Insurance Policy - This I highly recommend if you own a vehicle, or have a vehicle registered in your name.
•  If you Do Not own a vehicle, or have a vehicle registered in your name, you can have an SR22 filed on any of the following type of policies:
  • Financial Responsibility Bond
  • Broad Form Named Driver Policy
  • Named Operator Policy

 All three types of policies are similar but have very key differences. Many companies only sell one or two types. Very few companies sell all three. So if you would like to discuss the differences, feel free to call me at 740-574-2618, and I will be happy to explain it to you. They each have their pros and cons but all of them will satisfy the SR22 filing requirement.


How does the SR22 filing process work?


   If you're required to carry an Ohio SR22 filing, there are two ways to do so:

• Easy Way: Simply Do Nothing! Once you purchase auto insurance with an SR22 filing attached, most if not all companies will automatically file the SR22 for you directly to the BMV. Depending on the insurance company and how busy the Ohio BMV is, this usually takes 1-2 business days.
• Fast Way: One you purchase auto insurance with an SR22 filing attached, with most agencies, you can have the SR22 paperwork you need printed out in minutes. If you wish to take the paperwork to the BMV in person, they will process your SR22 on the spot. The downside to this is that many Ohio BMV locations have very long lines that people don't like to wait for. But relatively speaking, waiting in a long line is faster than waiting 1-2 business days.

   What happens if I cancel an SR22 attached policy?


 If any type of policy cancels or lapses, the insurance company is required to notify the Ohio BMV. Your license will then be suspended again until you are able to reinstate the policy, or put a new policy in force.




  Which company has the best rates for an Ohio SR22?


 There is no simple answer for this because so many factors go into it. The best way is to find an independent agent like myself who has several SR22 friendly companies. With each company you quote with, you have that one extra chance of getting a lower rate. An independent agent needs only to take your quote information once and do the shopping for you!




Get a Quote with Lyles Insurance here if you own a vehicle


Get a Quote with Lyles Insurance here if you don't own a vehicle




Related Blog Articles:

What is an Ohio SR22 Bond?

Ohio BMV Random Letter Selection Auto Insurance Check: FAQs