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Drivers in Colorado are required by law to provide evidence of financial responsibility in the event of a collision. The most popular way of proving financial responsibility is to obtain a liability insurance policy. If you are insufficiently insured at the time of an accident, your drivers license will be suspended.
Drivers in Colorado are required by law to provide evidence of financial responsibility in the event of a collision. The most popular way of proving financial responsibility is to obtain a liability insurance policy. If you are insufficiently insured at the time of an accident, your drivers license will be suspended.
Your conviction dictates how long you need SR-22 insurance in Colorado. In most cases, SR-22 insurance coverage is required for three years.
A completed Form DR 2314, Affidavit of Financial Responsibility, indicating that you are not responsible for any injury or property damage as a result of the accident. A surety company bond or cash deposit for the total amount of damages to other parties as a result of the accident.
How do I know when my SR-22 is up? Contact your states department of motor vehicles to find out the exact length of time youll need to carry an SR-22 in most states, its three years.
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SR-22 insurance is mandatory for Colorado drivers convicted of a severe traffic offense, like driving with a suspended license or reckless driving. SR-22 is a form filed by the insurer that assures the government that the convicted drivers auto insurance meets the states minimum requirements.
A completed Form DR 2314, Affidavit of Financial Responsibility, indicating that you are not responsible for any injury or property damage as a result of the accident. A surety company bond or cash deposit for the total amount of damages to other parties as a result of the accident.
Family Reconciliation Act (FRA)
You can get your SR-22 removed in Colorado after 3 years by notifying your insurance company, which will cancel the SR-22 filing with the state. Sometimes, the DMV will send you a notice letting you know when your SR-22 period is over.
Driving without car insurance is considered a class 1 misdemeanor in Colorado. If convicted, you might have to pay a fine of $1,000 or more, surrender your drivers license for up to eight months, spend up to a year in jail, and perform up to 40 hours of community service.

2314 form