Each year financial losses from automobile collisions in the U.S. and Canada are estimated to exceed over a billion dollars in each country. Uniform administration of existing financial responsibility and insurance (FRI) laws provides consistency between jurisdictions regarding FRI requirements, implementation, and statistical reporting and addresses the need for consumer protection, consumer awareness, and public education. The National Conference of State Legislatures (NCSL) has two resources that are helpful, the State Reporting Programs Chart and Financial Responsibility Report Programs Chart.
To encourage uniform reporting requirements between jurisdictions, the Insurance Committee on Motor Vehicle Administration (IICMVA) initiated a project to explore providing online insurance verification via the web. The online verification provides jurisdictions a convenient and more accurate process for dealing with uninsured motorists and can result in decreased errors in insurance data. To download a current version, go to Model User Guide for Implementing Online Insurance Verification.
Certain high risk or problem drivers who have been convicted of serious moving violations are required by state financial responsibility (FRI) laws to file an SR22 Form (a certification of future proof of financial responsibility) with their state motor vehicle departments to prove they have insurance. The SR26 Form cancels the SR22 once future proof is no longer required.
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To encourage uniform reporting requirements between jurisdictions, the Insurance Committee on Motor Vehicle Administration (IICMVA) initiated a project to explore providing online insurance verification via the web. The online verification provides jurisdictions a convenient and more accurate process for dealing with uninsured motorists and can result in decreased errors in insurance data. To download a current version, go to Model User Guide for Implementing Online Insurance Verification.
Certain high risk or problem drivers who have been convicted of serious moving violations are required by state financial responsibility (FRI) laws to file an SR22 Form (a certification of future proof of financial responsibility) with their state motor vehicle departments to prove they have insurance. The SR26 Form cancels the SR22 once future proof is no longer required.
Below is a list of recently added items related to this topic. At the bottom of the page is a button that will take you to our search results page, where you can find additional items as well as filters to customize your search for content.