Iowa law requires SR-22 Insurance or “high risk” insurance filing following a conviction for operating while intoxicated. Even if a conviction is avoided, the Department of Transportation still requires the SR-22 filing if the license suspension for test “failure” or refusal is upheld. SR-22 insurance is required for two years following the conviction or suspension. This requirement is stayed, or put on hold, while the license suspension proceedings are pending if the applicable stay is requested.
Like all other forms of insurance, vehicle insurance is based upon a complicated risk analysis that is conducted by the insurance companies. This takes into account all of your prior traffic infractions, accident history, average mileage driven, age and a number of other factors. The SR-22 insurance filing with the Department of Transportation does not necessarily cost the insured more in and of itself, but the conviction for operating while intoxicated does get factored into the formula and is reflected in the new insurance rate that will often times be higher. How much higher, depends completely on the individualized risk factors associated with the specific driver. Some insurance companies will even “drop” a driver and refuse to cover them any further as a result of a conviction.