Proof of financial responsibility may be furnished by filing with the Department of Motor Vehicles the written certificate or notice by magnetic or electronic media in a manner satisfactory to the department of any insurance carrier authorized to do business in this State certifying that there is in effect a motor vehicle liability policy for the benefit of the person required to furnish proof of financial responsibility. The certificate or notice shall give the date of the motor vehicle liability policy, which must be the same as the effective date of the certificate or notice and shall designate by explicit description or by appropriate reference all motor vehicles covered, unless the policy is issued to a person who is not the owner of a motor vehicle. The policy must be written for a minimum term of six months. A certificate or notice of insurance shall remain in full force and effect for a period of at least ninety days unless the certificate or notice is canceled by the insurance company for some reason other than nonpayment of premium. Should a certificate or notice of insurance be canceled after ninety days for nonpayment of premium, the insurance company issuing the certificate or notice immediately shall notify the department that the reason for cancellation is for nonpayment of premium. Should a certificate or notice of insurance be canceled for any reason other than for nonpayment of premium, the insurance company issuing the certificate or notice immediately shall notify the department that the cancellation is not for nonpayment of premium. The department may refuse acceptance of the certificate or notice of insurance required under this section if the certificate or notice is filed:
(1) by an agent or company found to be in violation of any of the provisions of this chapter; or
(2) for a person who previously has had a certificate or notice canceled for nonpayment of premium, unless the policy under which the certificate or notice is issued is certified to be noncancellable for a period of one year for nonpayment of premium.
No motor vehicle may be or may continue to be registered in the name of a person required to file proof of financial responsibility unless the motor vehicle is designated in the certificate or notice.
HISTORY: 1962 Code Section 46-748; 1952 (47) 1853; 1959 (51) 567; 1977 Act No. 80 Section 3; 1992 Act No. 427, Section 1.
Structure South Carolina Code of Laws
Chapter 9 - Motor Vehicle Financial Responsibility Act
Section 56-9-30. Chapter inapplicable to certain motor vehicles.
Section 56-9-40. Rights of conditional vendors, chattel mortgagees, or lessors not affected.
Section 56-9-50. Sale of vehicle when registration suspended not affected.
Section 56-9-60. Self-insurers for motor vehicles; determination of financial responsibility.
Section 56-9-80. General penalties for violations of chapter.
Section 56-9-90. Chapter as no bar to other remedies.
Section 56-9-100. Chapter is supplemental and cumulative.
Section 56-9-120. Construction.
Section 56-9-340. Surrender of license and registration; failure to surrender.
Section 56-9-353. Type and terms of policy or bond.
Section 56-9-358. Limit on security required; deposit.
Section 56-9-359. Reduction of amount of security.
Section 56-9-410. Courts shall report nonpayment of judgments to Department of Motor Vehicles.
Section 56-9-420. Report to home state of nonpayment of judgment against nonresident.
Section 56-9-460. Permitting driver subject to suspension to operate vehicle of employer.
Section 56-9-480. Satisfaction of judgments; payments sufficient to satisfy requirements.
Section 56-9-490. Installment payment of judgment; effect of default.
Section 56-9-540. Methods of proving financial responsibility.
Section 56-9-550. Certificate or notice of insurance as proof; contents, terms, and cancellation.
Section 56-9-590. Owner may give proof for employee or member of household; restrictions on license.
Section 56-9-600. Substitution of other adequate proof.
Section 56-9-610. Other proof may be required; suspension pending filing of proof.
Section 56-9-620. Cancellation or return of proof; waiver of requirements of filing proof.
Section 56-9-630. Re-establishment of cancelled or returned proof.