Reader question:

Is it possible to buy cheap online SR-26 insurance, or will I be denied?

Jack

Excellent question, Jack.

Buying insurance after a cancellation or nonrenewal isn’t easy, and if it was a SR-22 policy and an SR-26 cancelation form was filed, then there’s another extra hurdle. But that doesn’t mean that cheap online SR-26 insurance isn’t possible.

You want to give the regular companies a look before trying anything else, by checking the rate quotes from the heavy hitters. Problem is, with an SR-22 policy AND a cancellation of an SR-22, you’re going to have trouble getting into those place. If you fail there, then there are companies just for you.

High risk companies have a record of charging higher prices, but many have cheap online SR-26 insurance available for those who know how to compare prices and exploit all of the right discounts. The area where you can generate the most savings is the area of discounts, so cut down on your driving and review the discounts available from the company with the best rates and a few others. Remember, the company with the cheaper initial rate might not be cheap once you apply discounts to the rest.

take care,

Fashun.