Aug 31, 2023Common Compliance Issues for Small Businesses and How to Avoid Them
Understand common compliance issues for small businesses and how to avoid them with these helpful tips from our advocates.
If you are involved in an auto accident in California, you may be required to complete an SR-1 form and mail it in to the DMV.
Here are some of the questions we commonly receive regarding this form, along with their answers:
California law requires that drivers complete and submit the SR-1 form to the DMV within 10 days if they are involved in a traffic accident in California in which there’s an injury, death, or property damage in excess of $1,000. This is required regardless of fault, and even if the accident occurred on private property. There are a few exceptions to the law, but since there’s no penalty for completing and submitting the SR-1, you’re generally better off filling it out. Untimely reporting can result in the DMV suspending your driver’s license.
Unfortunately we cannot complete the form on your behalf. However, we can assist if you need any help with your insurance policy information or if you’d like us to email you a fillable PDF version of the form.
California requires every driver and every owner of a motor vehicle to be “financially responsible” for any injury or damage resulting from owning or operating a motor vehicle. By completing and submitting the SR-1 form with your insurance information, you are demonstrating compliance with financial responsibility requirements.
The SR-1 is also an important prerequisite for submission of a California DMV Form SR-19, which can be used by you or your insurance company to identify other parties involved in an accident, to obtain their insurance information, or receive official confirmation that they don’t have insurance.
Since one of the primary purposes of the form is to demonstrate your (or your company’s) compliance with California’s insurance requirements, you only need to worry about providing complete information for yourself. You’ll want to include as much information as possible about the other party, but just put “unk” (for unknown) or “none” in any space or box when you don’t have that information.
Completing an SR-1 may feel redundant, especially since you probably already reported the accident to the police and to your insurance. However, the form serves an important function in helping to keep drivers accountable for obtaining and maintaining auto liability insurance.
For more questions or information, you may reach out to our claims advocate, Heather Ross, or any of our qualified team members at Morris & Garritano.