Glossary term

Financial responsibility

Financial responsibility: The legal obligation to be able to pay for damage you cause while driving, satisfied by insurance meeting state requirements.

Where this term matters

Guides and entries on this site that use the term.

Guide

FR-44 Insurance in Florida

Florida's FR-44 requirement after a DUI: 100/300/50 liability limits, three-year duration, how it differs from an SR-22, and how to get one filed.

Related terms

FR-44
SR-22

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