This means you must have at least the minimum requirements of liability coverage if you are responsible for an accident. If you are stopped by a police officer for a traffic violation or a safety check, the officer will ask you for proof of financial responsibility.
Most drivers comply with the Ohio law by purchasing automobile insurance.
This includes a specified minimum of bodily injury and property damage liability coverage. The insurance company issues its policyholders an ID card to be used as FR proof. FR Bonds similar to insurance Another way to establish financial responsibility is through the purchase of a financial responsibility bond. FR bonds are similar to automobile insurance. They provide bodily injury and property damage liability coverages like insurance does, but they cover only your liability for damages and injuries you cause.