14-005 Code Vt. R. 14-050-005-X - FINANCIAL RESPONSIBILITY INSURANCE

4. Financial Responsibility Insurance

(a) A person will be relieved from actually filing proof of financial responsibility with the Department of Motor Vehicles after three years from the accident, conviction or judgment giving rise to the obligation. In the event of a suspension or revocation that requires mandatory filing under T-23 § 801, an operator shall not be relieved of the obligation to furnish proof of financial responsibility until three years after his or her eligibility date.

(b) The only proof of insurance which will be accepted is the SR-21A certificate attached to an accident report or SR-21 filed by the insurance company to show proof of proper liability insurance coverage at the time of the accident and FR-22 or SR-22 certificate for proof of financial responsibility for the future. A telegram or facsimile signed by the authorized agent of the insurance company will be accepted in-lieu of an SR-21, FR-22 or SR-22 certificate for a period of seven (7) days.

Notes

14-005 Code Vt. R. 14-050-005-X

Effective Date: January 1, 1994 (SOS Rule Log #93-62)