Understanding FR-44 Insurance
Is there a secret to understanding FR-44 insurance? It can be pretty straightforward or quite complex, depending on your circumstances. We’ll demystify this high-risk auto insurance by presenting the basics of FR-44 insurance, how it differs from standard car insurance, its costs, requirements, and other details. The Basics of FR-44 Insurance: What to Know FR-44 is a specific type of car insurance in Florida and Virginia that drivers must carry after a driving under the influence (DUI) or while intoxicated (DWI) conviction. The “FR” in FR-44 stands for “financial responsibility.” Maintaining the insurance tied to your certificate filing demonstrates that you’re financially responsible, which is especially important after a DUI conviction appears on your driving record. (See “What you need after a Virginia DUI“.) How is FR-44 Insurance Different than Standard Car Insurance? A fundamental difference between FR-44 insurance and standard car insurance is the higher liability coverage limits required by FR-44. Minimum liability coverage requirements for standard car insurance are typically $10,000 per person/$20,000 per accident for bodily injury and $10,000 for property damage. However, the state mandates significantly higher limits for FR-44 policies, such as $100,000 per person/$300,000 per accident bodily injury coverage and $50,000 for property damage. These increased requirements ensure sufficient coverage if you cause an accident while driving under the influence. Another important distinction is […]