Financial Responsibility Laws

The following is a guide that will assist you in learning about Tennessee's Financial Responsibility Laws and its related subjects.
 

Areas

• Amendment to the Financial Responsibility Law
• Evidence of Financial Responsibility
• Financial Responsibility Affidavits
• SR-22 Form
• Penalties for Financial Responsibility Violations
• Removal of STOP on Vehicle Registration
   

Minimum Limits of Liability

The Tennessee Code Annotated (TCA) 55-12-102(12)(D) references minimum limits of liability for the state of Tennessee which currently are:

• $25,000 for each injury or death per accident
• $50,000 for total injuries or deaths per accident
• $25,000 for property damage per accident