Effective immediately, the Rhode Island Division of Motor Vehicles will no longer require, and will no longer accept, SR-22 financial responsibility filings. The Rhode Island DMV issued Industry Alert 2018-2 for elimination of SR-22 Filings effective July 18, 2018.
In light of the notice issued by the DMV, insurance companies:
- Must honor insureds’ requests to cancel SR-22 filings effective July 18, 2018.
- Are no longer required to provide SR-26 Notifications of Cancellation to the DMV.
- Are encouraged to proactively reach out to insureds, providing notice of cancellation of the SR-22 filing.
- Must initiate any adjustments in premiums resulting from such cancellations as appropriate, effective July 18, 2018.
This does not apply to GU-1338 (Special Financial Responsibility Insurance Certificate) policies, which cover minors or businesses that are required to provide these filings to the DMV.
The notice can be found on the Rhode Island DMV web site.