Cheapest SR-22 Car Insurance in Colorado (2024)

An SR-22 isn't an insurance policy; it's a certificate of financial responsibility for drivers with certain violations, such as DUI or severe traffic offenses. In Colorado, either you or your insurer files the SR-22 to prove you meet the minimum liability coverage of 25/50/15. Although the SR-22 itself doesn't affect your rates, the infractions necessitating it can lead to higher premiums.

For those needing SR-22 coverage, the most affordable options come from Colorado Farm Bureau at $421 per year and American National P&C at $463 per year. These companies offer the lowest rates for state minimum coverage after a DUI.

As for non-owner car insurance with SR-22 requirements, GEICO and State Farm are the frontrunners, offering annual rates of $457 and $483, respectively. These rates cater to Colorado residents who do not own a vehicle seeking the most cost-effective state minimum coverage following a driving incident.

The cheapest companies for state minimum coverage SR-22 car insurance in Colorado are:

• Colorado Farm Bureau: $35 per month, $421 per year
• American National P&C: $39 per month, $463 per year

The least expensive providers for full coverage SR-22 insurance in Colorado are:

• Colorado Farm Bureau: $80 per month, $960 per year
• American National P&C: $89 per month, $1,072 per year

After a moving violation, expect to see higher car insurance rates since you're now seen as a high-risk driver. Yet, affordable cheap SR-22 car insurance is within reach by comparing quotes. Whether you need state minimum coverage or full coverage car insurance, it pays to shop around.

The companies with the cheapest non-owner SR-22 insurance in Colorado are:

• GEICO: $38 per month, $457 per year
• State Farm: $40 per month, $483 per year

Non-owner car insurance is designed to meet the state minimum coverage requirements for individuals who need to file an SR-22 but do not own a vehicle. This can be due to a license suspension, revocation, or serious traffic offenses.

Selecting the most affordable non-owner car insurance is crucial for drivers looking to maintain their required coverage without overspending.

An SR-22 is a form that proves you meet Colorado's minimum car insurance requirements. It's not actual insurance but a document your insurer files with the state. If you have certain traffic violations like a DUI, driving without insurance or repeat traffic offenses, you or your insurance company must file an SR-22. You'll need to keep it for three years, and yes, your insurer will notify the state if your SR-22 is canceled or lapses.

An SR-22 insurance ensures you have the following minimum car insurance requirements:

• $25,000 for bodily injury liability per person.
• $50,000 for bodily injury liability per accident.
• $15,000 for property damage liability per accident.

If you don't own a car, you'll need SR-22 non-owner car insurance. Remember, carrying an insurance policy card isn't enough; you must have the SR-22 form on file.

Colorado drivers who've faced a DUI, lacked insurance, or committed serious traffic offenses may need to file an SR-22. This state requirement helps ensure that individuals maintain minimum coverage auto insurance for three years.

The SR-22 is not an insurance policy but a form that your insurer files to prove you have coverage. Failing to file can lead to a suspended license. Below, you'll find a list of specific convictions that trigger the need for an SR-22.

Filing an SR-22 in Colorado can lead to higher insurance rates and fewer coverage options. You may face additional fees and risk coverage denial or mid-term policy cancellation. It's vital to keep your insurance active without breaks, as any lapse could reset the three-year period you need to carry an SR-22 requirement. Understanding these consequences helps drivers make informed choices about their minimum coverage car insurance.

Knowing the consequences of not filing an SR-22 when required is important because it can lead to legal penalties, including loss of driving privileges.

Below is the list of how an SR-22 negatively impacts your car insurance:

The average annual cost of SR-22 car insurance for drivers with a DUI in Colorado is $2,213 for full coverage and $1,022 for state minimum coverage. In comparison, drivers with a clean record pay $1,335 for full coverage and $596 for state minimum coverage. This shows a significant increase in premiums for those with a DUI on their record.

The severity of your offense impacts your premiums. It’s not the SR-22 certificate itself that raises your rates, but the violations associated with it. If you are a repeat offender or have a severe violation, your insurer might not renew your policy or could increase your rates at renewal.

The SR-22 certificate in Colorado is typically required for three years. During this period, you must maintain minimum liability coverage of 25/50/15. Make sure to comply with these requirements to avoid further penalties and complications.

Filing an SR-22 in Colorado is mandatory after serious traffic offenses, including DUI. Not securing this proof of minimum coverage for three years can result in severe penalties. Here are the steps to file an SR-22 in Colorado:

If you let your SR-22 certificate lapse in Colorado, your driving privileges could be suspended again. You need this certificate for three years to show you have minimum coverage auto insurance. The cost for a new SR-22 varies by insurer.

A DUI on your record can bump up your car insurance premiums. For instance, a 30-59-year-old with a clean record pays about $594 annually for state minimum coverage, which is $49 a month. The same driver with a DUI would pay around $1,015 annually, or $85 monthly.

Despite this, you can still find affordable car insurance after a DUI. Colorado drivers needing an SR-22 can secure the required 25/50/15 minimum liability coverage without overspending.

Finding affordable SR-22 insurance in Colorado can be a financial burden for many drivers. Get answers to your questions about securing cost-effective SR-22 car insurance options in the state.