Financial responsibility clause is a provision in an automobile insurance policy that the insured has at least the minimum amount of liability insurance coverage required by a state's financial-responsibility law. It allows a person to go freely from state to state without worries as s/he has the minimum amount of coverage required by law.
Join our Team and help build USLegal. Many opportunities for participation so Join our Network. Build USLegal
Read a Law Digest
Need to read the law or find an answer to a legal question? Visit our Law Digest for the largest selection of law digests and answers available. Go to Law Digest
Can′t find the form you need, or need a form we offer revised for your situation? Submit your request and our attorneys will review the request and let you know if the form can be provided. Submit a drafting request...