How many forms of financial responsibility are there in California?

In California, there are three primary forms of financial responsibility that drivers can use to prove they can pay for damages in case of an accident: 1) liability insurance, which meets minimum coverage requirements; 2) a cash deposit with the Department of Motor Vehicles (DMV); and 3) a surety bond from a licensed company. Drivers must choose one of these options to comply with the state's financial responsibility laws.