FLHSMV Insurance & Financial Responsibility 2 — Questions and Answers
Question 1: What is an SR-22 in the context of Florida's financial responsibility laws?
- A vehicle safety inspection certificate
- A certificate filed by an insurer verifying a driver carries required coverage (Correct answer)
- A form requesting license reinstatement
- A document proving ownership of a vehicle
Correct answer: A certificate filed by an insurer verifying a driver carries required coverage
An SR-22 is a certificate of financial responsibility filed by an insurance company with the FLHSMV to verify that a high-risk driver carries the minimum required insurance.
Question 2: How long is a driver typically required to maintain an SR-22 filing in Florida after a qualifying violation?
- 6 months
- 1 year
- 3 years (Correct answer)
- 5 years
Correct answer: 3 years
Florida generally requires drivers to maintain an SR-22 filing for three years from the date their driving privilege is reinstated.
Question 3: Which of the following violations would most likely trigger an SR-22 requirement in Florida?
- Exceeding the speed limit by 5 mph
- Driving under the influence (DUI) (Correct answer)
- Failing to use a turn signal
- Parking in a fire lane
Correct answer: Driving under the influence (DUI)
A DUI conviction is one of the most common triggers for an SR-22 requirement because it classifies the driver as high-risk.
Question 4: If a driver's SR-22 policy is cancelled before the required period ends, what action will the FLHSMV take?
- Issue a fine only
- Immediately suspend the driver's license again (Correct answer)
- Place the driver on probation
- Require retaking the driver's exam
Correct answer: Immediately suspend the driver's license again
If the SR-22 coverage lapses or is cancelled during the required period, the FLHSMV will suspend the driver's license until coverage is reinstated.
Question 5: What is the reinstatement fee for a first-time license suspension due to a lapse in required Florida insurance?
- $50
- $100
- $150 (Correct answer)
- $250
Correct answer: $150
The reinstatement fee for a first offense insurance lapse suspension in Florida is $150.
Question 6: As an alternative to purchasing auto insurance, a Florida vehicle owner may demonstrate financial responsibility by depositing what amount with the State Treasurer?
- $10,000
- $25,000
- $30,000 (Correct answer)
- $50,000
Correct answer: $30,000
A Florida vehicle owner may deposit $30,000 with the State Treasurer as a cash alternative to purchasing a standard auto insurance policy.
Question 7: Under Florida's no-fault law, PIP coverage must also pay what percentage of lost wages for an insured injured in a covered accident?
- 50%
- 60%
- 80% (Correct answer)
- 100%
Correct answer: 80%
Florida PIP coverage pays 80% of lost gross income and replacement services resulting from a covered accident.
FLHSMV Insurance & Financial Responsibility 2
What is an SR-22 in the context of Florida's financial responsibility laws?