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 these 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.
Colorado Division of Motor Vehicles
If you have any further auto insurance questions please visit the FAQ page or contact the SafeAuto Customer Service Department at CSD@safeauto.com.