Once your eligible for license reinstatement you’ll need SR22 insurance Colorado, which is a certificate of financial responsibility. You risk license suspension when you operate a vehicle 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?
SR22 insurance Colorado is a high risk insurance certificate that’s added as a rider to an existing auto insurance policy. The certificate is filed with the Colorado Department of Motor Vehicles to start the process of license reinstatement. It is considered a guarantee of future insurance coverage. The state determines how long you’ll be required to carry this insurance coverage (usually 3 years). The DMV is immediately notified if the SR22 policy lapses during that time. Your license will be suspended again, and you’ll have to repeat the process to continue driving. 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.
Learn more about SR22 insurance Colorado by reading these articles on our website:
UltraCar Insurance can save you time, money and aggravation when you need to buy SR22 insurance Colorado. We always maximize your savings by comparing the rates of several top insurance companies. Talk with one of our licensed agents, or click above now to start your quote.
This article was last updated on May 14th, 2022 by UltraCar Insurance