The penalties for not filing out an SR-1 form are laid out in California Vehicle Code §16004. The code allows the state to suspend your driver’s license and take other actions against your driving privileges. If you didn’t report an accident due to criminal intent you can face fines and even go to jail. The biggest threat to you if you don’t promptly complete an SR-1 is the inability to file a claim over your injuries. You won’t be able to file a lawsuit against an at-fault driver’s insurance provider until you complete an SR-1.