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An SR-22 bond is a minimum-limit liability insurance policy that covers only the individual named on the policy. To file an SR-22 bond, the individual must contact an insurance company licensed to do business in Ohio, apply and pay for the policy. The insurance company will then file the SR-22 bond with the Ohio Bureau of Motor Vehicles (BMV). Many insurance companies file SR-22 bonds electronically, which usually process within 72 hours of receipt.<\/p>\n
You may purchase an SR-22 Bond on your license if you own a vehicle however no one else is permitted to operate that vehicle.<\/p>\n
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In Ohio, it is illegal to drive any motor vehicle without insurance or other proof of financial responsibility (FR). It is also illegal for any motor vehicle owner to allow anyone else to drive the owner\u2019s vehicle without FR proof. To comply with the FR requirements, individuals must maintain insurance or get a bond.<\/p>\n
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If you are caught driving without financial responsibility you will soon be walking. The penalties include: \u2022 Suspension of driver\u2019s license for 90 days (up to one year for repeat offenders)<\/p>\n
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Ohio law requires you to show your insurance I.D. card:<\/p>\n
The BMV is also allowed to randomly request verification of your insurance card. Your insurance company must give you an \u201cinsurance identification card.\u201d Your card shows when your liability insurance coverage starts and when it expires.<\/p>\n
Carry the card!!!!!
Keep your insurance I.D. card in the car\u2019s glove box. Make sure everyone who drives the car knows where it is!<\/p>\n
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Ohio law requires the following for insurance coverage:<\/p>\n
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In Ohio the required minimum limits for bodily injury liability coverage is $25,000 per person injured in any one accident and $50,000 for all persons injured in any one accident.<\/p>\n
The required minimum limit for property damage liability coverage is $25,000 for injury to or destruction of property of others in any one accident.<\/p>\n
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ABOUT SR22 BONDSAn SR-22 bond is a minimum-limit liability insurance policy that covers only the individual named on the policy. To file an SR-22 bond, the individual must contact an insurance company licensed to do business in Ohio, apply and pay for the policy. The insurance company will then file the SR-22 bond with the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-146","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/sr22bonds.com\/index.php?rest_route=\/wp\/v2\/pages\/146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sr22bonds.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sr22bonds.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sr22bonds.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sr22bonds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=146"}],"version-history":[{"count":0,"href":"https:\/\/sr22bonds.com\/index.php?rest_route=\/wp\/v2\/pages\/146\/revisions"}],"wp:attachment":[{"href":"https:\/\/sr22bonds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}