Compilation of Rules and Regulations of the State of Georgia
Department 375 - RULES OF DEPARTMENT OF DRIVER SERVICES
Chapter 375-3 - DRIVER LICENSE SERVICES
Subject 375-3-3 - REVOCATION AND SUSPENSION
Rule 375-3-3-.02 - Proof of Financial Responsibility for Probationary License
Current through Rules and Regulations filed through September 23, 2024
(1) Proof of financial responsibility must be made by an authorized insurance company filing a Form SR-22 certifying that the violator has in effect a valid liability insurance policy covering the required future time span or, by the owner of a motor vehicle filing a Form DS-266 showing that the owner has provided insurance on the vehicle to be operated by the driver. Such proof of financial responsibility must include full name, license number and date of birth of operator.
(2) The Department will accept a "premium financed" SR-22 provided:
(3) An SR-22 form not marked "premium financed" is accepted on the basis that it is paid in full. The Department will not accept a cancellation notice (SR-26) for non-payment of the premium and the policy must remain in effect for the statutory required length of time.
(4) The Department must be given twenty (20) days notice by the insurance carrier prior to acceptable termination or cancellation. The Department must be in receipt of Form SR-26 at least twenty (20) days before effective date of cancellation.
(5) An SR-26 cancellation of coverage form is not acceptable if based on the non-payment of premium in addition to those originally assessed by the Company.
(6) If an SR-22 form filed on a premium financed policy is cancelled for non-payment of premium, another premium financed SR-22 will not be accepted by the Department for a period of twelve (12) months from the date that the original SR-22 was accepted.
(7) An employer may furnish proof of financial responsibility on behalf of an employee operator and qualify such operator to operate motor vehicles for which proof is given by the employer, (DS-266). If the operator is only qualified to operate motor vehicles for an owner or employer, such restriction shall be designated by the Department on the license of the operator.
(8) The liability insurance policy shall provide for payment of not less than $25,000 because of bodily injury to or death of one person in any one crash, and not less than $50,000 because of bodily injury to or death of two or more persons in any one crash, and to a limit of not less than $25,000 because of injury to or destruction of property of others in any one crash.
O.C.G.A. § 40-5-4.