Effective: December 22, 2013
Latest Legislation: House Bill 278 - 129th General Assembly
(A) A policy or bond does not comply with divisions (A)(5), (A)(6), and (A)(7) of section 4509.19 of the Revised Code unless issued by an insurance company or surety company authorized to do business in this state, except as provided in division (B) of this section, or unless such policy or bond is subject, if the accident has resulted in bodily injury or death, to a limit, exclusive of interest and costs, of not less than twenty-five thousand dollars because of bodily injury to or death of one person in any one accident, and, subject to said limit for one person, to a limit of not less than fifty thousand dollars because of bodily injury to or death of two or more persons in one accident, and, if the accident has resulted in injury to, or destruction of property, to a limit of not less than twenty-five thousand dollars because of injury to or destruction of property of others in any one accident.
(B) A policy or bond does not comply with divisions (A)(5), (A)(6), and (A)(7) of section 4509.19 of the Revised Code with respect to any motor vehicle which was not registered in this state or was a motor vehicle which was registered elsewhere than in this state at the effective date of the policy or bond or the most recent renewal thereof, unless the insurance company or surety company issuing such policy or bond is authorized to do business in this state, or if said company is not authorized to do business in this state unless it executes a power of attorney authorizing the registrar of motor vehicles to accept service on its behalf of notice or process in any action upon such policy or bond arising out of such accident.
The registrar may rely upon the accuracy of the information in the required report of a motor vehicle accident as to the existence of insurance or a bond unless the registrar has reason to believe that the information is erroneous.
Structure Ohio Revised Code
Title 45 | Motor Vehicles-Aeronautics-Watercraft
Chapter 4509 | Financial Responsibility
Section 4509.01 | Financial Responsibility Definitions.
Section 4509.011 | Financial Responsibility of Minor Drivers.
Section 4509.02 | Judgment, State Definitions.
Section 4509.03 | Registrar of Motor Vehicles - Powers and Duties.
Section 4509.04 | Review of Registrar's Orders.
Section 4509.05 | Information Furnished by Registrar - Fee.
Section 4509.06 | Accident Report Alleging Uninsured Driver or Owner.
Section 4509.07 | Contents of Accident Report.
Section 4509.08 | Exception to Report Requirement.
Section 4509.10 | Use of Report.
Section 4509.101 | Operating of Motor Vehicle Without Proof of Financial Responsibility.
Section 4509.102 | Falsification.
Section 4509.103 | Insurer to Provide Financial Responsibility Identification Cards.
Section 4509.104 | Conspicuous Warning That Policy Does Not Meet Minimum Amounts.
Section 4509.11 | Application of Security Requirements.
Section 4509.12 | Security Deposit.
Section 4509.13 | Notice of Required Security Deposit.
Section 4509.14 | Reduction of Excessive Security - Return of Excess Deposit.
Section 4509.15 | Form and Amount of Security.
Section 4509.16 | Designation for Whom Security Deposit Made.
Section 4509.17 | License Suspension Upon Failure to Request Hearing or Deposit Security.
Section 4509.18 | License or Registration Denied Until Security Deposited.
Section 4509.19 | Exceptions to Security Deposit and Suspension.
Section 4509.20 | Requirements of Insurance or Bond Necessary to Excuse Deposit of Security.
Section 4509.21 | Release or Covenant Not to Sue - Minors.
Section 4509.22 | Adjudication of Nonliability.
Section 4509.23 | Payment of Judgment.
Section 4509.24 | Agreement by Parties - Effect of Breach.
Section 4509.26 | Termination of Suspension.
Section 4509.27 | Security Deposit Fund.
Section 4509.28 | Application of Security Deposit Funds.
Section 4509.29 | Return of Deposit.
Section 4509.291 | Cooperation With Other States.
Section 4509.30 | Accident Report and Findings of Registrar Prohibited at Trial.
Section 4509.33 | Suspension of Nonresidents' Operating Privilege and Registration.
Section 4509.34 | Suspension of License Withdrawn.
Section 4509.36 | Copies of Judgments Sent to Other States.
Section 4509.38 | Waiver by Judgment Creditor of Suspension Provision.
Section 4509.39 | No Suspension When Insurer Obligated.
Section 4509.40 | Suspension Continues Until Settlement of Judgment.
Section 4509.41 | Satisfaction of Judgments.
Section 4509.42 | Payment of Judgment in Installments.
Section 4509.44 | Proof of Financial Responsibility Required for Registration.
Section 4509.45 | Filing of Proof of Financial Responsibility.
Section 4509.46 | Certificate of Domestic Insurer as Proof.
Section 4509.47 | Proof of Financial Responsibility by Nonresident.
Section 4509.48 | Default by Insurance Carrier.
Section 4509.49 | Requirements for Motor-Vehicle Liability Policy.
Section 4509.50 | Requirements May Be Met by One or More Policies.
Section 4509.51 | Requirements for Owner's Liability Insurance.
Section 4509.52 | Requirements for Operator's Insurance.
Section 4509.53 | Provisions Incorporated Into Policy by Law.
Section 4509.54 | Permissible Exclusions of Liability Policies.
Section 4509.55 | Permissible Liability Provisions in Policy.
Section 4509.56 | Binder Fulfills Requirements.
Section 4509.57 | Notice Required to Terminate Insurance Certification.
Section 4509.58 | Policies Affected.
Section 4509.59 | Proof of Financial Responsibility Evidenced by Bond.
Section 4509.60 | Filing of Bond Constitutes Lien.
Section 4509.61 | Judgment Creditor May Bring Action Against Bond.
Section 4509.62 | Proof of Financial Responsibility Evidenced by Certificate of Treasurer of State.
Section 4509.63 | Security to Satisfy Certain Judgments.
Section 4509.64 | Proof of Financial Responsibility Given by Another.
Section 4509.65 | Substitution of Other Adequate Proof of Financial Responsibility.
Section 4509.66 | Suspension for Inadequate Proof of Financial Responsibility.
Section 4509.67 | Cancellation of Bond or Certificate - Waiver of Requirement of Filing Proof.
Section 4509.68 | Transfer of Registration Not Permitted - Exception.
Section 4509.69 | Registration and Plates to Be Returned to Registrar.
Section 4509.70 | Plan for Apportionment of Applicants for Insurance.
Section 4509.71 | Exemption of Certain Owners of Motor Vehicles.
Section 4509.72 | Requirements for Self-Insurer.
Section 4509.73 | Other Relief Not Prevented.
Section 4509.74 | Prohibition Against Failure to Report Accident.
Section 4509.77 | Prohibition Against Failure to Return License.
Section 4509.78 | General Prohibition.
Section 4509.79 | Liability Insurance for Motor Vehicles Used in Ridesharing Arrangement.