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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: RealMuLan who wrote (53736)9/27/2004 6:06:39 PM
From: Tommaso  Read Replies (2) of 74559
 
. The state of Ohio does not require drivers to buy automobile insurance.

2. Ohio law does, however, require you to have a guaranteed way to pay for injuries or damages that result from your negligence. That guarantee is called "proof of financial responsibility".

Ohio auto insurance law gives you the three options shown below:

Buy at least the state-minimum amount of liability insurance
Post a $30,000 cash bond with the state treasurer
Post a $60,000 real estate bond with the Ohio Bureau of Motor Vehicles (BMV)
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