Exploring Legal Requirements With Vehicle Insurance Companies In Elyria, OH

by | Jun 2, 2016 | Insurance

In Ohio, the law requires all registered vehicle owners to buy auto insurance. The state imposes hefty penalties for any automobile owner who isn’t compliant with these laws. Vehicle Insurance Companies in Elyria OH offer automobile owners a variety of coverage levels to prevent these circumstances.

The Legal Insurance Requirements in Ohio

The state of Ohio is a fault state. This indicates that all automobile owners who are at fault in an accident must file a claim through their insurance to provide coverage for the victim. It also indicates that victims of auto accidents can file a lawsuit against the at-fault driver. To reduce the probability of a lawsuit, the state requires automobile owners to acquire at least auto liability coverage. The policy must provide $25,000 for each one-victim accident and a maximum of $50,000 for any accident with multiple victims. It should also provide no less than $25,000 for any property damage produced.

Penalties for No Insurance

The first offense equates to the suspension of the driver’s license for at least ninety days. The automobile is impounded and isn’t released until the suspension period is over. The driver must pay reinstatement fees begin at $75.

Any repeat offenses could equate to a suspension and impoundment for a maximum of one year. The driver may also face a reinstatement fee of $500. All drivers who are penalized for no-insurance offenses must provide evidence of their insurance coverage. They won’t acquire a new driver’s license and the automobile will remain impounded until this requirement is fulfilled.

When the Driver is Classified as a Risk

A driver who has multiple insurance offenses is classified as a risky driver. They may be require to acquire a SR-22 certificate for a period of three years. SR-22 isn’t insurance. It is evidence that the driver has maintained coverage.

In Ohio, all drivers who fail to comply with state insurance laws are penalized. The penalties are based on the total number of previous convictions. The driver may also be required to purchase specialized insurance policies or certificates based on these offenses. Drivers who need to acquire coverage through Vehicle Insurance Companies in Elyria OH should visit  for more information today. You can also visit them on Facebook for more information.

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