What is the minimum cash or cashier’s check deposit required to establish financial responsibility with the county judge?

To establish financial responsibility with the county judge, the correct minimum cash or cashier’s check deposit is $55,000. This amount is set to ensure that individuals can cover potential liabilities resulting from automobile-related incidents. The purpose of this requirement is to provide a safeguard for the public by ensuring there are sufficient funds available in the event of an accident caused by the insured party, thereby promoting accountability and financial security within the community. Each state may have specific amounts that reflect local policy objectives, so it's important to be familiar with the amounts applicable in your jurisdiction.