SR22 Insurance is a specific type of insurance usually mandated by the court or by the state for high risk drivers. In the state of Colorado it is required after a driver has had their license either suspended or revoked. It is also required after a driver has been charged with driving under the influence, driving while intoxicated, for drivers who have had repeated violations, and for those who have a large amount of tickets.
After a drivers license has been revoked, Colorado requires that the driver file an SR22 form before they can have their license reinstated.
Colorado SR22 insurance can be purchased from any insurance company that is licensed in the state of Colorado. It must be continually held for 3 years. It is important to pay the premiums in full and on time to ensure that the coverage does not lapse. If the coverage does lapse or if it is cancelled for any reason, the insurance company will notify the DMV. If the DMV receives this type of notification the 3 year period will start all over again, with no consideration for the time the policy was already in place.
An SR22 is a type of insurance form showing liability of a certain company in behalf of the owner of the motor vehicle to the Department of Motor Vehicles. In the case that you have to file, the company who insured the motor vehicle will advise the state of Colorado that a SR22 was filed in the interest of the owner. The insurance company serves as the representative of the owner that shoulders the liabilities incurred by the owner in case of mishaps and accidents wherein the insured motor vehicle has been involved. This way, the owner will not pay for the damages but rather, the insurance company. Such notice is normally required if the policy has been cancelled and expired or if the license of the driver has also been cancelled at the same time expired.
Since the insurance company is responsible for filing the SR22 forms with the DMV it is important to make sure you are working with a reputable company. This will ensure that there is no lapses in coverage as long as the driver is paying their premiums. If you do not pay your premiums not only will you not be able to drive, you may also face large fines, and possibly even jail time.
That is where we step in. We can get you multiple quotes from multiple auto insurance companies in the state of Colorado by simply filling out our form at the top of the page. It is a one stop shop for all your SR22 insurance needs.