A Financial Responsibility Insurance Certificate (SR-22) is proof or verification the holder is maintaining vehicle liability insurance in the required amounts. It is not a type of insurance—it is a form filed with the state’s department of public safety (DPS), department of transportation (DOT), or department of motor vehicles (DMV) and may also be referred to as an SR-22 Bond or SR-22 Form.

An SR-22 can be issued by most insurance providers, who will notify the state’s department of public safety or department of motor vehicles when an SR-22 is cancelled, terminated, or lapses.

The state will often require a driver whose license has been suspended following an arrest for DUI/DWI to provide an SR-22 in order to get their occupational or restricted license or to have their driver’s license reinstated.

In New Mexico, an SR-22 is a certificate of financial responsibility that serves as proof that an individual is maintaining the required amount of vehicle liability insurance. It is not an insurance policy itself, but rather a document that an insurance company files with the state's Motor Vehicle Division (MVD) to verify that the individual has the necessary insurance coverage. This form is typically required for drivers who have had their licenses suspended or revoked due to serious traffic violations, such as DUI/DWI offenses. To regain driving privileges, such as obtaining an occupational or restricted license or reinstating a full driver's license, the state may require the individual to provide an SR-22 form. If the SR-22 is cancelled, terminated, or lapses, the insurance provider is obligated to notify the New Mexico MVD, which could result in further suspension of driving privileges.