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"Financial responsibility" in DMV-speak, has nothing to do with how much money YOU have. It is a reference to a valid auto insurance policy issued in your name.

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โˆ™ 2012-08-18 03:51:56
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Q: What will the DMV accept as proof of financial responsibility?
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What will the DMV not accept as proof of financial responsibility?

notarized letter from banker


What documents will the DMV not accept as proof of financial responsibility?

notarized letter from banker


What is California vehicle registration financial responsibility program?

The registration financial responsibility program requires that vehicles have proof of insurance(the financial responsibility) at all time. If you have a lapse in this coverage the insurance company can report you to the DMV in which case they suspend your registration.


Do you need proof of financial responsibility if its not your car your taking your first drivers test in?

Not is the state of Kentucky. Your state may be different but more than likely not. Call your local DMV to find out.


Proof of financial responsibility must be maintained by who?

Rule of thumb - Insurance follows the car as long as it is used with permission of the owner. If you are at fault, you might get reported to your state DMV for not paying a debt and will not be allowed to renew your registration or Driver's license until the debt is satisfied. You generally can not pass yearly inspection of vehicle without insurance (proof of financial responsibility).


Can my daughter go to our DMV to take a test for her learners permit?

Yes she can. She will need to show the DMV appropriate proof of identity. Pay for her learners' permit and you will have to sign for financial responsibility. She will then need to pass an eye test, and written exam. You have 3 chances to pass the written exam


How does insurance SR22 work with your auto insurance?

As dualistic insurance coverage is not permitted by the DMV, you must first consult your existing insurer when buying SR22 insurance. SR22 insurance serves as proof to the state that your are taking financial responsibility for your vehicle.


What is a financial responsibility filing?

Financial responsibility filing is most often related to cars and insurance. It is something that a state will require, usually from the DMV, in order to certify that someone who is driving a vehicle will be able to pay future claims depending upon the states required limit.


What are the legal requirements for car insurance in California?

To make the legal requirements for car insurance in California, you must be 18 years or older. You must also be financially responsible and provide proof of your financial responsibility. You must have a 35000 dollar cash deposit with the DMV, a DMV self-assurance certificate, a surety bond and a motor vehicle liability insurance policy.


What if you cannot get ahold of a lien holder?

If it's for a car, you will have to check dmv requirements in your state. They may accept proof co. is out of biz vs proof it is satisfied. Check with BBB etc. to see if they are still around.


What if your vehicle registration was suspended due to your insurance company not notifying the California Financial Responsibility Program?

Very simple, verify that the VIN that your insurance company has for the vehicle matches the VIN on the registration, then contact your agent or company and have them fax an ID Card (not a declarations page) to the DMV Financial Responsibility error.


Can I bring in to dmv corrections on my son's Dmv report?

There are some errors on my son's dmv record, can I bring proof of correction as required by my insurance, or does he have to do it himself in person

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