Reader question:

I have a car that’s very old and I don’t drive it much. Do I need DUI SR22 insurance?

Greg

Glad you asked, Greg.

While it’s frustrating to have to pay for DUI SR22 coverage for old, junky cars that you barely use, if you use them at all then it has to be done. You see, if you don’t have SR22 insurance, then you don’t have a license, so you’re basically stuck out driving illegally or using the bus–or if there’s no bus, touch luck, get a bike.

You can save money on your DUI SR22 in two areas here, though.

1. If your vehicle is worth <$2000, then you can cut yourself down to whatever the required car insurance coverage minimum is in your state of residence.
2. Since you rarely drive your vehicle, you can ask for a discount for low mileage on your policy if you drive less than 10,000 miles a year.

With these savings, you can ut down drastically the amount of your paycheck you have to put toward car insurance premiums, and save money on the way.

Cheers,

Fashun Guadarrama.