The Financial Responsibility Law requires drivers to:
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Be financially responsible for damages they may cause to others when a motor vehicle crash happens.
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Pay their car insurance.
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Share the financial risk of road crashes with the other drivers
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Pay $15,000 of Property Damage Liability (PDL)
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Explanation
In Florida, if you're involved in a collision, you are required to prove that you are financially responsible for all damages you caused. This financial responsibility can be demonstrated by purchasing an insurance policy from a company licensed to do business in Florida or by obtaining a Financial Responsibility Certificate from the DHSMV.
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Other questions in the same category: Financial Responsibility, Insurance & Vehicle Registration Requirements
In Florida, coverage for Personal Injury Protection is:You must show proof of insurance to law enforcement:You must notify the DMV within 5 days if you:If you are involved in a collision, you must exchange your driver license information and ___________________________ with the person(s) involved.To register your vehicle in Illinois, you must have an Illinois Certificate of Title.Before a driver can regain driving privileges after losing them because of an unsatisfied judgment suspension resulting from failure to pay for the damages from a crash, the driver must file proof of financial responsibility with the Secretary of State's office.If you drive without liability insurance coverage on your vehicle, in Virginia you face:In Florida, non-residents must obtain the vehicle registration certificate and license plate within __ days after beginning employment.You are required by law to notify the Department of Motor Vehicles:You must notify the DMV within ____ days of selling your vehicle.
This question appears in the following DMV practice tests: