Illinois ~ Financial Responsibility Law
You are required to file proof of financial responsibility if any of the following apply:
- You receive an unsatisfied court judgment relating to a crash.
- You are suspended under the Safety Responsibility Law due to an uninsured crash.
- You receive court supervision for a mandatory insurance violation.
- You have been convicted of three or more mandatory insurance violations.
Proof of financial responsibility may include a certificate of insurance SR22, a bond or a deposit of securities (such as stock certificates). The SR22 is filed directly with the Secretary of State by the insurance company. Through the SR22 process, the Secretary of State monitors insurance coverage for a period of time specified by law. Failure to renew insurance coverage or cancellation of insurance will result in a driver’s license suspension.
For more on Illinos SR22 Information visit the Illinios DMV site
