Form REG5085 Notification of Alternative Forms of Financial Responsibility - California

What Is Form REG5085?

This is a legal form that was released by the California Department of Transportation - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is form REG5085?A: Form REG5085 is the Notification of Alternative Forms of Financial Responsibility in California.

Q: Who needs to fill out form REG5085?A: Form REG5085 needs to be filled out by individuals or businesses that wish to provide alternative forms of financial responsibility instead of traditional auto insurance in California.

Q: What are alternative forms of financial responsibility?A: Alternative forms of financial responsibility are options other than purchasing auto insurance to demonstrate the ability to cover potential damages or injuries resulting from a car accident.

Q: Why would someone choose alternative forms of financial responsibility?A: Some individuals or businesses may choose alternative forms of financial responsibility if they believe it provides more flexibility or cost savings compared to traditional auto insurance.

Q: What are examples of alternative forms of financial responsibility?A: Examples of alternative forms of financial responsibility include self-insurance, surety bonds, cash deposits, or certificates of self-insurance.

Q: How do I fill out form REG5085?A: To fill out form REG5085, you will need to provide your personal or business information, select the alternative form of financial responsibility you are using, and submit any required documentation or fees.