If one has a car loan for a new or used car in most states they are required to keep full coverage insurance. After 5 to 6 years coverage can be dropped to liability if needed.
You should keep the records for a minimum of 5 years.
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Insurance companies are typically required to keep records of advertisements for a minimum of three years. This requirement is in accordance with regulations set by various state insurance departments and the National Association of Insurance Commissioners (NAIC). However, specific retention periods can vary by state, so companies should verify the regulations applicable in their jurisdiction.
You should keep utility bills for at least one year, but it's a good idea to keep them for up to three years in case you need them for tax or insurance purposes.
No, you can keep your insurance.
10 years
7 years
7
You should keep important insurance papers in a secure place, like a safe, bank safety deposit box, or a secure place inside your home.
The insurance company is not the one who decides whether or not you are required to have an SR-22 or for how long you must keep it. This is up to the Department of Motor Vehicles or Department of Public Safety for your state. I don't know of any reason that would require you to carry the SR-22 for 21 years unless you've been extremely bad. As a matter of full disclosure, I own and operate a small Independent Insurance Agency and have for the part 22 years. Before that I worked as an agent for a direct writer insurance company.
Only if you intend to get it back.
Yes, the insurance is kept but you must pay the full amount your employer paid. If not Cobra insurance will be offered at a very expensive rate.