SR-50 Car Insurance Coverage: What to Know

SR-50 insurance is required after you've been caught without car insurance after a traffic accident. In addition to a hefty fine, you will need to file for SR-50 insurance to the Indiana BMV, failure to file can result in license suspension. Although you can't get specific SR-50 insurance quotes, SR-50 filing can increase your car insurance rates.

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Tonya Sisler has a Bachelor’s Degree from the University of South Carolina in Journalism and has worked for 15+ years in management. She has also completed a proofreading certification and is currently a professional writer.

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Brad Larson has been in the insurance industry for more than a dozen years. He started out as a claims adjuster for a national carrier. He has since switched to the agency side of the business. Brad is licensed in all P&C lines.

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Reviewed by Brad Larsen
Licensed Auto Insurance Agent Brad Larsen

UPDATED: May 2, 2021

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Things to Know

  • SR-50 insurance is needed if you’ve been caught driving without proof of insurance
  • Car insurance companies may increase your rates after getting SR-50 insurance
  • If you don’t file for SR-50 insurance, your license may be suspended

Finding an affordable car insurance policy is generally tricky, especially with so many car insurance companies and policies out there. Even more so, it isn’t easy to get the coverage you need after being ticketed for driving without proof of insurance.

Drivers that have been caught driving uninsured typically need SR-50 insurance to continue operating a vehicle. Although SR-50 insurance is required, it will potentially increase the rate of your monthly car insurance premiums.

Please keep reading to find out what you need to know about SR-50 insurance, including who needs it, how to get it, and more.

Before learning more about SR-50 insurance, enter your ZIP code into our free online tool for affordable car insurance quotes in your area.

What is SR-50 insurance?

Most importantly, SR-50 insurance is not insurance. It is a certificate ordered by Indiana car insurance laws, proving that you have the minimum state car insurance requirements.

SR-50 insurance is also used interchangeably with the terms SR.50, SR 50, or SR50 insurance.

Currently, Indiana is the only state that requires SR-50 insurance certificates, and they can only be applied for rather than being bought through a company. SR-50 is different from SR-22 insurance in that it is proof of current insurance rather than proof of future insurance.

According to the Indiana Bureau of Motor Vehicles (BMV), the minimum car insurance requirements for Indiana are:

  • $25,000 for bodily injury or death of one person
  • $50,000 for bodily injury or death of two or more people per accident
  • $25,000 for property damages per accident

Drivers must meet each of these requirements to drive legally in Indiana and obtain an SR-50. They will also receive a pretty hefty fine for driving without car insurance.

Whether you live in Indiana or not, it is vital to know the requirements for car insurance by state to avoid needing SR-50 insurance down the road.

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How do I get SR-50 insurance?

You cannot buy SR-50 insurance, and there is no such thing as an SR-50 insurance company. If you need SR-50 insurance, you will have to talk with your insurance agent as soon as possible so that they can file for an SR-50.

Usually, it takes about a couple of days for your SR-50 to be ready, which should be before the deadline. However, you mustn’t wait until the last minute to file for one because failure to fine can result in license suspension.

Unfortunately, having an SR-50 will most likely increase your car insurance rates, as most insurers see drivers with them as high-risk. However, you may still be eligible for some discounts, which will help keep your rates at a more reasonable price.

If you have any additional SR-50 or car insurance questions, we’re here to help. With lots of company and vehicle reviews available through our website, we hope to help you in your search.

Don’t need SR-50 insurance but want to compare car insurance rates? Enter your ZIP code into our free online tool for affordable quotes from car insurance companies in your area.

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