Auto Insurance Requirements In The State of Colorado
Colorado Car Insurance
In Colorado, car insurance is mandatory for all drivers. Auto insurance regulations are enforced by the Colorado Department of Regulatory Agencies (DORA), Division of Insurance.
Car Insurance Requirements
Colorado drivers must have liability insurance. This insurance helps cover the costs of damages or injuries you may have inflicted on others if you are responsible for an accident. Your insurance must be provided when renewing your vehicle registration, when involved in a traffic collision, or as requested by law enforcement.
Colorado drivers must have liability coverage at the following minimums:
- $25,000 per person for bodily injury.
- $50,000 per accident for bodily injury.
- $15,000 per accident for property damage.
It’s important to note that liability coverage does not cover any damages or injuries that happen to you or your vehicle. While this is the minimum amount as required by law, drivers are strongly urged to consider higher limits.
Violations and Penalties
By Law, The Colorado Division of Motor Vehicles (DMV) requires you to show proof of auto insurance to register your car or renew your registration. If the DMV does not receive proof of insurance for a vehicle, your vehicle’s registration will be suspended. If you are caught driving without insurance, you may be subject to the following:
- 4 points on your driver’s license.
- $500 minimum fine.
- License suspension.
- Required community service.
You must carry evidence of insurance in your vehicle at all times. Your insurance must be provided when renewing your vehicle registration, when involved in a traffic collision, or as requested by law enforcement.
SR-22
You may be legally required to file an SR-22 form (also known as SR22 insurance) from your insurance provider if your license has been suspended or revoked.
An SR-22 is not insurance; rather, it is a certification stating that you will maintain the minimum liability insurance for a predetermined amount of time.
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