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True or False? Certification of financial responsibility is filed on behalf of an insured's by the state using Form SR-22 certifying coverage.

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True. Certification of financial responsibility, often referred to as an SR-22, is a form filed by an insurance company on behalf of an insured individual with the state's Department of Motor Vehicles (DMV) or equivalent agency. It is used to certify that the insured individual has the required auto insurance coverage as mandated by state law, typically after they have been involved in certain traffic violations or accidents that result in the suspension of their driving privileges. The SR-22 form is filed by the insurance company to prove financial responsibility and allow the individual to have their driving privileges reinstated.

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