INSURANCE.......means of guaranteeing against loss or harm
Maintain Financial Responsibility----it’s the Law!
≈Drivers and every owner of a motor vehicle must maintain financial responsibility at all times.
≈Whenever you drive, carry written evidence of financial responsibility.
≈There are 4 acceptable types of financial responsibility:
∙Liability insurance policy
∙$35,000 surety bond
∙DMV issued self-insurance certificate; or
∙DMV acknowledgment of a $35,000 cash deposit
Failure to provide DMV with a Traffic Accident Report (SR 1) AND proof of insurance within 10 days of any collision with damage over $1,000, injury or death will result in you drivers license being suspended.