The SR22 or FR Bond was designed for people with suspensions who want the minimum coverage required by the BMV to get their driving and registration privileges back.
In Ohio, the minimum liability coverage required includes:
- $25,000 for bodily injury per person
- $50,000 for bodily injury per accident
- $25,000 for property damage
Like car insurance, the SR22 Bond covers injuries and property damage you cause in an accident. However, it follows you as a driver, not a specific car. It covers any 4-wheel passenger car you use for personal driving, whether you own the car or not.