Proudly Serving All of Ohio

How Does Ohio’s Financial Responsibility (FR) Law Work?

To drive legally in Ohio, you must prove you can pay for damages and injuries from an accident. The state requires a minimum of $25,000 per person and $50,000 per accident for injuries, plus $25,000 for property damage.

If you’re stopped or in an accident, you must show proof of Financial Responsibility (FR). If you can’t, you could face serious penalties, including a 2-year license suspension, a reinstatement fee of up to $550, and possible impoundment of your plates and registration.

If your license is suspended, you’ll need to pay reinstatement fees and file an SR-22 Form with the Ohio BMV. Once your SR22 Bond is issued, the insurance company will file it electronically with the BMV, which can take up to 3 business days to process.

For faster reinstatement, you can bring your SR-22 Form and other required documents to a local BMV office. We can also fax your SR-22 directly to any BMV fax number. Once payment is confirmed, your SR-22 will be ready, and you could regain your driving privileges as soon as today!

Scroll to Top