Requirements for Acquiring Colorado Car Insurance
While SafeAuto® does not currently offer coverage in the Mile-High State, we can help you find the affordable car insurance coverage you need.
Whether you’re driving to your favorite ski resort, a Broncos game or simply to work or school, SafeAuto® wants to help you find auto insurance at the lowest possible rates. You should first know what coverage Colorado requires.
Colorado's Financial Responsibility law requires you to maintain liability limits of at least:
Such coverage is often written as 25/50/15 or 25,000/50,000/15,000.
Proof of Financial Responsibility & Penalties
Under Colorado law, you are required to provide documentary proof of financial responsibility prior to operating a motor vehicle. If you are unable to produce proof of liability coverage when requested, the penalties can be harsh, ranging from first offense penalties of a $50 to $500 and five (5) days up to six (6) months in county jail.
Insurance companies are required to notify the Colorado Department of Revenue of each policy issued, and provide updates every six (6) months.
In addition to statutory penalties, if you cannot show proof of financial responsibility, fail to pay a judgment entered against you for damages resulting from an automobile accident, or need to reinstate your license after conviction for certain types of violations, you will be required to obtain an SR-22 Certificate of Financial Responsibility.