financial responsibility FR
Financial responsibility is the legal requirement for an owner of an automobile to evidence ability to pay losses, either through purchase of insurance or by providing other proof of financial strength.
financial responsibility FR
Financial responsibility is the legal requirement for an owner of an automobile to evidence ability to pay losses, either through purchase of insurance or by providing other proof of financial strength.
Additional Information
It is used to ensue drivers carry adequate auto liability insurance.
Synonyms
compulsory liability laws
