I just want to know if the state of Ohio requires car insurance. Thank you.

Maricel

Thank you for asking Maricel.

The state of Ohio requires drivers to have either car insurance or other proof of financial responsibility (FR). It is illegal for a motor vehicle owner to allow anyone to drive their car without Financial Responsibility proof.

An individual must have at least one of the following to comply to the Financial Responsibility law:

* A motorist liability insurance policy;
* A $30,000 bond issued by an authorized surety or insurance company;
* A certificate of proof of financial responsibility signed by an insurance agent on a from prescribed the OH Bureau of Motor Vehicles (BMV);
* A certificate issued by the BMV, indicating that money or government bonds in the amount of $30,000 is on deposit with the Treasurer of State;
* A certificate of bond issued by the BMV in the amount of $30,000 signed by 2 people who own real estate having equity of at least $60,000;
* A certificate of self-insurance issued by the BMV to those with more than 25 motor vehicles registered in their name or a company’s name

Proof of insurance or other acceptable financial responsibility must be shown at the time of a violation or accident. If there is not Financial Responsibility in force at the time of the violation the individual’s driver’s license is suspended or revoked.

Goodluck!

MariCAR