Important Facts About The Compulsory Financial Responsibility Law SR 104

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If you drive a motor vehicle, whether you own it or not, or if you own a vehicle, even though you may not drive it yourself, you must maintain in force one of the acceptable forms of financial responsibility specified by law. The usual method of establishing financial responsibility is liability insurance, but there are other methods.

The pamphlet Important Facts About The Compulsory Financial Responsibility Law (SR 104) explains the requirements of the financial responsibility law, including: obligation to report an accident that results in property damages over $750 or injury or death; mandatory one-year suspension for a driver/owner following an uninsured accident; restricted license information; proof filing information; hearing option; and other financial responsibility laws.

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