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The BMV's new Electronic Insurance Forms Submission (EIFS) program allows insurance agents to submit a number of different proof of financial responsibility forms to the BMV on behalf of their customers. Five different proof of financial responsibility forms will be accepted electronically through this program, including the SR21, SR22, SR26, SR50 and Certificate of Compliance forms.
Participating insurance agents may enter information from any of the five accepted forms into the BMV's computer system, which will update the changes to their customers' official driver records. The EIFS program will allow for faster processing of insurance forms, reduction of transposition and misfiling errors, and substantial financial savings to insurance companies and the BMV.
| Paper Process | E-Insurance | |
|---|---|---|
| Current Error Rate | 5 percent per day | Less than one percent per day |
| Notification Of An Error | Not offered | Customer will be notified if an insurance form cannot be processed. |
| Processing Time | Three business days | The document is processed the same day if filed before 6:30 p.m., Monday through Friday. The document is processed the next day if filed after 6:30 p.m., Monday through Friday. The document is processed on Monday if filed Saturday or Sunday. |
If you represent an insurance company, and you would like your company to be considered for participation in the EIFS program, please complete the E-Insurance User Agreement and fax to (317) 233-5153.
If you are a customer of an insurance company and need to submit a form to the BMV, please visit your insurance agency. To assure the validity of the insurance coverage, state law requires the signature of a licensed insurance agent.