Cheapest SR-22 Car Insurance in Colorado (2024)

In Colorado, American National is the most cost-effective option for SR-22 car insurance, costing approximately $353 per year and $806 per year for minimum and full coverage, respectively. State Farm is the second cheapest option, with an average annual cost of $435 per year for minimum coverage and $992 for full coverage.

If you don't own a vehicle, GEICO offers the cheapest non-owner SR-22 car insurance at around $457 per year. State Farm is another affordable choice at approximately $483 per year.

An SR-22 is a document that certifies that a driver has the minimum car insurance coverage mandated by the state. You may be required to file it due to certain driving violations, such as a DUI, suspended license or driving without insurance. Although SR-22 car insurance is typically more expensive, you can still find affordable options in Colorado by shopping around.

If you have a DUI in Colorado, the cheapest minimum coverage car insurance policies are from:

• American National: $353 per year
• State Farm: $435 per year

For full coverage SR-22 auto insurance, the most affordable options are from:

• American National: $806 per year
• State Farm: $992 per year

If you’ve committed a driving offense, it's common for car insurance premiums to go up as insurers consider you high-risk and more likely to file claims. Still, you can access cheap rates by comparing quotes from various providers.

The table below shows affordable SR-22 car insurance options in Colorado, which range from $353 to $1,261 per year.

If you commit certain traffic violations in Colorado, you might need to have your insurer file an SR-22, which is not a type of insurance but a mandated certificate of financial responsibility. Here are common situations that typically require an SR-22:

• Driving under the influence (DUI) or other serious driving offenses like reckless driving
• Driving without insurance
• Multiple moving violations within a short period
• Restoring a suspended or revoked license

In Colorado, you must have an SR-22 on file for three years.

Your car insurance provider is required to fill out the SR-22 form for you and file it with the Colorado DMV. Since you will be considered a high-risk driver, you most likely will experience a significant increase in your auto insurance premium.

MoneyGeek found that, on average, the cheapest non-owner SR-22 car insurance providers for minimum coverage in Colorado are:

• GEICO: $457 per year
• State Farm: $483 per year

Members of the military community should consider USAA, which is a cheaper option at around $421 per year.

In certain cases, non-vehicle-owning drivers may still be required to file an SR-22 form. You may need non-owner car insurance if your car has been taken away or totaled or if you need to reinstate your driver's license. Non-owner car insurance enables you to regain your license and maintain legal driving privileges.

In the table below, we listed the cheapest non-owner SR-22 car insurance providers in Colorado, with minimum coverage policies ranging from $457 to $1,090 per year.

Drivers in Colorado with a DUI on their record can expect to pay an average annual rate of $755 for minimum coverage and $1,660 for full coverage car insurance. Keep in mind that multiple infractions on your driving record within a certain timeframe may also require an SR-22 filing.

Committing driving offenses typically results in higher car insurance premiums since insurance providers perceive you as a higher-risk driver. It's important to maintain a clean driving record and practice safe driving habits to avoid unnecessary increases in your car insurance rates.

In Colorado, drivers who need to file an SR-22 can expect an average premium increase of $312 for a minimum coverage policy. Filing this form indicates that you are riskier to insure, leading to higher rates. However, the rate you're quoted can vary depending on factors such as the severity of the offense, your preferred coverage level and your driving history.

Committing offenses such as driving without sufficient insurance, having your license suspended for not paying court-ordered child support payments and driving under the influence (DUI) are among the most common reasons you may be required to file an SR-22. Understanding these factors and their impact on your insurance rates can help you make informed decisions and maintain responsible driving habits.

Apart from the increased premiums, filing an SR-22 in Colorado can have additional effects on your car insurance. Here are some potential outcomes associated with filing an SR-22.

To obtain car insurance after a driving violation in Colorado, you typically need to:

1. Find an insurance company that provides coverage to drivers with serious violations on their records.
2. Purchase a policy that meets Colorado's minimum liability requirements.
3. Request that your insurance company file an SR-22 form on your behalf.
4. Pay any necessary fees associated with the SR-22 filing and ensure that it stays up to date.

Getting insured after a DUI conviction will likely result in higher costs, and a DUI stays on your motor vehicle record indefinitely in Colorado. But there are measures you can take to reduce your overall expenses. By comparing SR-22 car insurance quotes from different insurers, maintaining a clean driving record and exploring discounts, you can potentially lower your insurance premiums.

MoneyGeek responded to some frequently asked questions about SR-22 car insurance in Colorado to help you find the best option for you.