Once you’re eligible for license reinstatement you’ll need SR22 insurance Colorado, which is a high-risk certificate of financial responsibility. You put your driving privileges at risk when you drive without minimum liability insurance coverage. Other reasons for driver’s license suspension can include:
- Too many points against your driving record
- A DUI or DWI conviction
- Multiple at-fault accidents or other serious driving offenses
- Unpaid child support
- A court order or legal judgment
- Other serious driving offenses
How does Colorado SR22 insurance work?
A high-risk insurance certificate is an endorsement to an auto insurance policy. The Colorado Department of Motor Vehicles requires you to file the certificate to for license reinstatement. The filing is a guarantee of future insurance coverage. The state determines how long you must carry this insurance coverage (usually 3 years). The insurance company monitors high-risk auto policies, and immediately notifies the DMV if it lapses during that time. If it does, the state will suspend your license again, and you’ll have to repeat the reinstatement process. Therefore, it’s important to pay the premium on time or even in advance.
Can I get SR22 insurance Colorado if I don’t own a vehicle?
You can purchase SR22 insurance Colorado whether you own a car or not. If you own a vehicle, you’ll buy an owner-operator SR22, which is endorsed to your auto insurance policy. If you don’t own a vehicle, you’ll purchase Colorado Non Owner SR22 Insurance, which is tied to a non owner insurance policy, or Broad Form Vehicle Insurance.
Find more information about the license reinstatement process on the Colorado DOR website.
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This article was last updated on May 5th, 2023 by UltraCar Insurance