The SR-22 certificate is also called the certificate of financial responsibility. In Utah, SR-22 insurance is used to monitor the auto insurance of its problem motorists and to protect its citizens from them. The auto insurance companies are required to submit a SR-22 form for these drivers, certifying that their insurance meets at least the minimum liability coverage required by the law of Utah. The driver will receive no notifications regarding his driving status. His only responsibility is to maintain his auto insurance as required by Utah law.
SR-22 Is required in Utah when:
Umbrella policies were created to provide you with coverage in situations when your home insurance's personal liability coverage did not offer coverage. This gave rise to the policy's name, as it was considered an “umbrella” that would provide broader coverage than other insurance policies and shield you from liability.
Today, an umbrella policy is a liability policy that protects you with high limits of liability. This is added onto the liability limits provided on your homeowners insurance policy. Most home insurance policies contain coverage for your personal liability in the amount of $100,000 or $300,000, but if you wish to purchase more limits to protect yourself from liability claims, you would purchase an umbrella policy, which commonly provides $1,000,000 in liability limits. An umbrella policy can also provide additional limits of liability coverage for you on your other policies, such as automobile liability.