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Besides an insurance policy or bond, how else can you meet Ohio’s financial responsibility law?

Ohio BMV exam practice question · Insurance, Collisions & Registration

Besides an insurance policy or bond, how else can you meet Ohio’s financial responsibility law?

  • ADeposit $5,000 with a bank.
  • Deposit $30,000 with the Registrar.
  • CSign a sworn promise to pay for any damage you cause.

Why B is correct

You may deposit $30,000 with the Registrar and show proof of no unsatisfied judgments.

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