According to Indiana laws, for every minor who wants to obtain an Indiana learners permit or Indiana Drivers License, an agreement of financial liability must be signed. The agreement is there to ensure that if the minor is involved in an accident, his legal guardian will assume all financial penalties and loses that may result from it.
Who can Sign the Agreement of Financial Liability
The agreement is usually signed by drivers license applicant’s parents or legal guardians, however, if parents or legal guardians are unavailable, the agreement mat be signed by an employer or anyone who is willing to accept the responsibility.
Where Can I Obtain The Agreement of Financial Liability
The agreement may be downloaded from the official BMV website.