SR-50 Insurance Coverage

SR50 auto insurance is required for drivers who've been caught driving without insurance. If you have a suspended driver's license, you'll need to fill out an SR50 car insurance form, also. Drivers who need an SR50 insurance form could face fines up to $300 if they don't enroll as directed by the Indiana BMV. Regardless of your SR50 car insurance status, you can still compare multiple companies and shop around for auto insurance.

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Sara Routhier, Managing Editor and Outreach Director, has professional experience as an educator, SEO specialist, and content marketer. She has over five years of experience in the insurance industry. As a researcher, data nerd, writer, and editor she strives to curate educational, enlightening articles that provide you with the must-know facts and best-kept secrets within the overwhelming world o...

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Cynthia Lanctot is an insurance professional with ten years of industry experience. Cynthia is licensed in several states, and holds an associate in claims law, as well as a bachelor’s degree in English. Cynthia’s experience includes the New England and Northeast states. She currently works as a liability claims professional and an occasional online contributor.

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Reviewed by Cynthia Lanctot
Licensed Agent

UPDATED: Jul 15, 2021

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SR50 Auto Insurance Quick Facts

  • SR50 car insurance forms are only found in Indiana.
  • Driving without auto insurance or a suspended driver’s license may require an SR50 auto insurance form.
  • SR50 forms are required for some high-risk Indiana drivers who need their driver’s license suspensions lifted.

SR50 auto insurance is Indiana’s response to drivers who drive while uninsured or have their driver’s license suspended. You will only find SR50 insurance in Indiana. They must be filed if you’ve been caught driving without insurance. Failure to file an SR50 car insurance form could result in a fine of $300 or more.

Although SR50 recipients are high-risk drivers, it may be easier to get the auto insurance coverages you need. Read through our guide to find out more about SR50 forms and how it’s different than SR-22 insurance.

You can compare multiple companies in your area, even with SR- auto insurance status, by entering your ZIP code in our FREE online tool. To learn more about SR50 car insurance, continue reading.

What is SR50 auto insurance?

SR50 insurance is proof of insurance after an Indiana driver has been caught as an uninsured driver. Also, Indiana drivers with a suspended driver’s license need to fill out an SR50 form. In addition to filing an SR50 insurance form, drivers in Indiana must show car insurance proof to the Indiana Bureau of Motor Vehicles (BMV).

An SR50 filing is not auto insurance.

You can provide proof of insurance by showing a copy of your SR50 form or an affidavit of your current car insurance policy. The Indiana BMV may reinstate your driver’s license after you’ve shown proof.

SR-50 is only in Indiana, and it proves financial responsibility even as a high-risk driver. SR-50 recipients may also need an SR-50 form for moving violations or after an accident has occurred.

Where can you get an SR50 insurance form?

You get an SR-50 form from the Indiana Bureau of Motor Vehicles. SR-50 forms are found at the Indiana BMV, or you can get an SR50 form online. However, you’ll have to create an account with the Indiana BMV.

Do you have to file an SR50 form if you don’t own your vehicle?

If you don’t own the vehicle you’re driving and you want your driver’s license reinstated, you’ll need to get non-owner car insurance in Indiana in addition to filing an SR50 form. Go to the Indiana BMV and request an SR50 form. If you’re currently insured, submit your SR50 form to your auto insurance provider. They’ll give an affidavit proving you’re insured. Take your affidavit to the Indiana BMV to get your driver’s license reinstated.

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Required Indiana Auto Insurance Coverage under SR50

With or without an SR50, all Indiana drivers must carry the minimum car insurance requirements, which liability auto insurance. Here’s a summary of the minimum auto insurance requirements in Indiana.

Indiana Minimum Auto Insurance Requirements
Coverage NameIndiana Minimum Coverage Limit
Bodily Injury Liability$25,000 / $50,000
Property Damage Liability$25,000
Uninsured Motorist Bodily Injury$25,000 / $50,000
Uninsured Motorist Property Damage$25,000
Underinsured Motorist Bodily Injury$50,000
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So what does this all mean? Coverage limits are the maximum amount of money an auto insurance company will pay another driver. Liability coverage is designed to cover another driver when you’re at fault.

The base liability coverage is $25,000 for bodily injury of one person per accident, $50,000 for bodily injury of multiple people per accident, and $25,000 for property damage per accident.

However, other parts of Indiana’s liability coverage helps you if the other driver doesn’t have insurance or doesn’t have enough coverage limits to pay for injuries and damages. Uninsured motorist coverage follows the standard bodily injury and property damage coverage limit in Indiana, but it covers you if the other driver is uninsured.

Underinsured motorist coverage kicks in when the other driver doesn’t have enough coverage limits to pay for injuries or damages.

Proof of Auto Insurance Requirements in Indiana

It’s essential to keep your proof of car insurance current. You can show the Indiana BMV that you’re financially responsible through auto insurance affidavits, billing statements, and other appropriate forms of proof. Be sure the registration matches what you have on file, so there isn’t a mix-up.

SR50 vs SR22: The Difference Between SR50 and SR22 Insurance

An SR50 insurance filing is proof of current insurance, and an SR22 insurance filing is proof of future insurance. SR50 insurance is commonly filed when someone has a lapse in car insurance coverage. Once the Indiana BMV realizes you’re driving uninsured, you’ll be required to get an SR50 form. Indiana drivers will attach the SR50 form to their proof of insurance affidavit.

However, SR22 insurance recipients will be on the hook for three years under SR22. If your driver’s license was suspended for DUI/DWI, reckless driving, getting into an accident without car insurance, or repeated moving violations, you will need to enroll in SR22 filing. SR22 lasts up to three years. However, if car insurance companies still consider you to be a high-risk and suggest SR22 filing, you’ll have to enroll in SR22 for another three years.

In some cases, an Indiana driver will have to file SR50 and SR22 for driving without insurance. 

High-Risk Auto Insurance Rates under SR50 Filing

Let’s examine what auto insurance rates are like when you have to file SR50 or SR22 in Indiana. The data below compares the cost of monthly car insurance from the top companies in Indiana.

Indiana Average Monthly Auto Insurance Rates by Driving Record
CompaniesAverage Monthly Auto Insurance Rates w/ Clean RecordAverage Monthly Auto Insurance Rates w/ One Moving ViolationAverage Monthly Auto Insurance Rates w/ One AccidentAverage Monthly Auto Insurance Rates w/ One DUI/DWI
USAA$103$127$146$168
GEICO$124$172$195$264
Nationwide$194$219$251$240
State Farm$196$196$215$196
American Family$211$252$337$426
Travelers$240$258$297$336
Progressive$243$339$427$290
Farmers$256$283$299$308
Allstate$265$315$389$358
Liberty Mutual$376$414$443$694
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USAA, GEICO, and Nationwide are the cheapest companies in Indiana if you have a clean driving record or a moving violation (like a speeding ticket) on your driving record. However, anyone who had a DUI/DWI would benefit from lower prices if they have an insurance policy with USAA, State Farm, and Nationwide.

No auto insurance rate is set in stone. Your car insurance rates will be different when you buy an insurance policy from either of these companies. It could be much more expensive if you need an SR50 or SR22 attached to your policy. That’s because high-risk drivers pay more for auto insurance.

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SR50 Auto Insurance: The Bottom Line

The good news about SR50 is that it doesn’t last for three years. However, you’ll need it if uninsured. If you have insurance but still need an SR50, your auto insurance rates may not be affected as much.

Remember, SR50 and SR22 filings are not auto insurance alternatives. They are filings you need to attach to your proof of insurance when you report to the Indiana BMV.

The longer your license is suspended, the higher the risk. Register an account with the Indiana BMV to get your form online and get your license reinstated as soon as possible. Don’t risk getting caught with a suspended driver’s license. And do not drive without car insurance.

Please read our guide on how to buy auto insurance to find the best car insurance rates available.

But first, get an SR50 form from the Indiana BMV,  enter your ZIP in our FREE comparison tool to compare auto insurance companies in your area, and report your results to the Indiana BMV. You can even use our online tool to compare and secure car insurance in different areas across the United States.

Frequently Asked Questions: SR50 Auto Insurance

Let’s answer a few frequently asked questions before we wrap up the SR50 car insurance guide.

#1 – How much does SR50 cost to file?

In addition to filing an SR50 form, you must pay the Indiana BMV a reinstatement fee that costs between $150 to $300. Failing to file a required SR50 form can cost an Indiana resident $300.

#2 – When should you get SR22 or SR50?

If you’re caught driving without insurance, you should get SR50 as soon as possible. You’ll need to find an auto insurance policy right away. Once you’re approved for an insurance policy, attach an SR50 form to a billing statement or current car insurance affidavit. This will improve your chances for a lesser consequence when you go to court.

Under SR22, you’ll need to prove that you have insurance, or you’re obtaining insurance from an auto insurance company.

#3 – How much is an SR22 filing fee?

SR22 filings cost $25, which is paid every three years until auto insurance companies don’t consider the driver to be high-risk.

#4 – How long does SR50 last?

Your driver’s license will be reinstated once SR50 resolves. It will remain on your driving record, but you won’t have to file again. However, a lapse in auto insurance coverage could place you back in the hot seat with the Indiana BMV, and you’ll have to file another SR50 form.


References:

  1. https://www.in.gov/bmv/licenses-permits-ids/suspension-and-reinstatement/proof-of-financial-responsibility/

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