How may one show proof of financial responsibility?

Demonstrating proof of financial responsibility is crucial for drivers, as it shows that they are capable of covering costs related to damages or injuries resulting from an accident. The correct method to provide this proof is through a liability insurance policy or a standard form issued by a liability insurer. This documentation clearly outlines that a driver has the required level of insurance coverage mandated by law, which can cover costs associated with accidents, including property damage and bodily injury to others.

In contrast, other options do not fulfill the legal requirements for proof of financial responsibility. A bank statement does not indicate the presence of liability insurance and merely shows financial status. A payslip from an employer provides no information about insurance coverage. Additionally, verbal confirmation from an insurance agent lacks the formal documentation required by law, as it cannot be verified in case of an accident without written proof. Thus, only the liability insurance policy or the appropriate form serves as valid proof of financial responsibility in Texas.