Every citizen in the State of Ohio has made it compulsory for every person to have auto insurance. If they do not have auto insurance they must have a bond with the state treasurer for an amount of thirty thousand dollars. This bond or auto insurance is to prove the driver’s financial responsibility. He should be able to pay for any damage that might occur in the event of an accident. He should only drive a motor vehicle if he has the proof of insurance to prove his financial responsibility.
The minimum liability that a person has to show in the State of Ohio is twelve thousand five hundred dollars for bodily injury per person and twenty five thousand dollars for bodily injury in total accounting for two persons. The minimum amount for property damage would be seven thousand five hundred dollars. This is the minimum amount imposed by the … Click here to read more