Gianetta Palmer is a writer for CarInsurance101.com, copywriter, and essayist. Her work has appeared in EverydayHealth.com, Healthline, and The Dyrt Magazine. She is the author of Scrunchie-Fried and writes a lot about car insurance in her spare time.

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Melanie Musson is the fourth generation in her family to work in the insurance industry. She grew up with insurance talk as part of her everyday conversation and has studied to gain an in-depth knowledge of state-specific car insurance laws and dynamics as well as a broad understanding of how insurance fits into every person’s life, from budgets to coverage levels. She also specializes in automa...

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Reviewed by Melanie Musson
Published Insurance Expert

UPDATED: Apr 28, 2021

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Just What's Essential

  • Indiana is the only state that requires SR-50 insurance
  • SR-50 insurance forms aren’t policies but certificates that prove drivers meet Indiana’s minimum car insurance requirements of 25/50/25
  • You might need an SR-50 form if you failed to provide proof of insurance at an accident or during a traffic stop

SR-50 insurance forms act as proof to the Indiana BMV that drivers carry the state’s minimum car insurance requirements. You may be asked for this form if you failed to show proof of insurance during a traffic stop or accident.

SR-50 insurance forms are unique to Indiana, and some drivers in Indiana with high-risk car insurance will need SR-50 and SR-22 insurance to reinstate their license. If you live in another state, it’s unlikely you’ll ever need an SR-50, but you may be required to provide other proof of financial responsibility. 

If you’ve been notified by the state of Indiana that you need SR-50 insurance, keep reading to learn where to get an SR-50 form, the differences between SR-50 vs. SR-22 insurance, and how SR-50 can impact your car insurance rates. 

Looking for affordable SR-50 insurance in Indianapolis or another city? Enter your ZIP code above and get free car insurance quotes from local companies in Indiana to get the best rates.

What is SR-50 insurance?

SR-50 car insurance isn’t actually insurance coverage at all. SR-50 forms — formerly known as the Affidavit of Current Insurance — act as a certificate proving that Indiana drivers meet the state’s financial responsibility law.

What are Indiana’s minimum financial responsibility requirements for car insurance? Take a look:

  • Liability insurance minimums of $25,000 per person, $50,000 per incident
  • Property damage liability minimums of $25,000 per incident
  • Uninsured motorist coverage of $25,000 per person, $50,000 per incident

To legally drive in Indiana, your car insurance must meet these requirements. An SR-50 form is issued by your insurance provider proving that you carry the right amount of coverage.

What is the difference between SR-50 vs. SR-22 insurance?

Since Indiana is the only state that requires SR-50 insurance forms, there is one key difference between SR-50 and SR-22: timing. While an SR-50 provides proof of current coverage, an SR-22 provides proof of current and future coverage. 

In Indiana, only drivers convicted of certain traffic or insurance-related violations will require SR-22.

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How much does SR-50 insurance cost?

SR-50 insurance doesn’t come with its own rates because it isn’t a car insurance policy. However, filing an SR-50 form can raise your auto insurance rates because it could increase your risk level in the eyes of the insurance company.

You can definitely expect your rates to increase if you filed an SR-50 due to reckless driving charges or a DUI conviction. 

To get an idea of what SR-50 insurance costs could look like, take a look at how these Indiana car insurance companies charge high-risk drivers based on their driving record:

Car Insurance Rates by Driving Record in Indiana

Car Insurance CompanyCar Insurance Rates with a Clean RecordCar Insurance Rates with One AccidentCar Insurance Rates with One Speeding ViolationCar Insurance Rates with One DUI
Allstate$3,175.58$4,665.22$3,777.03$4,301.12
American Family$2,536.03$4,041.92$3,020.98$5,117.20
Farmers$3,075.51$3,585.45$3,395.05$3,692.93
Geico$1,483.91$2,335.58$2,060.50$3,162.96
Liberty Mutual$4,509.08$5,317.03$4,969.05$8,331.91
Nationwide$2,332.31$3,007.11$2,627.10$2,883.35
Progressive$2,920.42$5,121.94$4,063.99$3,485.71
State Farm$2,352.06$2,578.33$2,352.06$2,352.06
Travelers$2,882.59$3,562.38$3,092.54$4,036.63
USAA$1,231.12$1,752.37$1,526.13$2,010.62
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As you can see, GEICO SR-50 insurance costs are less than other providers in the state. Our GEICO car insurance review offers more information, but remember that your rates will vary based on your age, gender, and even the kind of car you drive. 

When do you need SR-50 insurance?

There are a few key instances when the BMV will request an SR-50 form, including:

  • License suspension or revocation
  • Being involved in a car accident that is reported to the BMV
  • Being involved in a serious accident that resulted in injury or death
  • Receiving two or more moving violations within one year

If you cannot prove you have insurance coverage during or after the incidents listed above, you run the risk of losing your license for up to a year. You will be required to file an SR-50 along with a processing fee of $150-$300 to reinstate your license. 

Do you still need SR-50 insurance if you don’t own a car? Yes.

In order to drive any vehicle in Indiana, you need car insurance. Non-owner SR-50 insurance will prove you have the right amount of coverage to drive a work vehicle, a rental vehicle, a friend’s vehicle, or any vehicle you don’t own yourself.

How do you get SR-50 insurance?

If the Indiana BMV requests an SR-50, call your insurance provider immediately and ask them to send the necessary SR-50 insurance forms. If you don’t currently have car insurance, find affordable coverage with our free quote comparison tool below.

You may be considered a high-risk driver if you’re shopping for SR-50 car insurance, so compare multiple companies at once to secure the lowest rates possible. Enter your ZIP code now to get your free quotes before you buy SR-50 insurance.