CA DMV Form REG 5085. Notification of Alternative Forms of Financial Responsibility
Form REG 5085 must be completed when a vehicle covered by a commercial/business insurance policy or an alternative form of financial responsibility, such as a cash deposit, bond, or self-insurance, is transferred to a new owner or registered for the first time in California. This form serves as notification to the Department of Motor Vehicles regarding the alternative form of financial responsibility being used.
Application Example: When transferring ownership or registering a vehicle in California that has an alternative form of financial responsibility, such as a commercial insurance policy or self-insurance, Form REG 5085 is required. This form ensures that the Department of Motor Vehicles is notified of the alternative financial responsibility arrangement.
Related Forms: Depending on the specific type of alternative financial responsibility being utilized, there may be additional forms or documents required. It is important to consult the specific requirements outlined in Form REG 5085 for complying with California's regulations regarding alternative forms of financial responsibility.