Cheapest SR-22 Car Insurance in Colorado

Colorado Farm Bureau offers the cheapest SR-22 insurance for minimum coverage at $35 per month, about 60% lower than the state average of $88. It's also the most affordable for full coverage at $80.

GEICO offers the cheapest non-owner SR-22 insurance in Colorado at $38 monthly or $457 annually. Non-owner insurance is ideal for drivers with SR-22 filings who don’t own a car but need to meet minimum coverage. 

The table below lists providers offering non-owner SR-22 insurance and their average costs for minimum coverage.

The average cost of car insurance in Colorado for drivers with an SR-22 is $1,053 annually for minimum coverage. This is 69% more than the $624 average for drivers with clean records.

For full coverage, SR-22 drivers spend about $2,298 per year, 61% higher than the $1,430 average for clean-record drivers.

Having an SR-22 form alone doesn't raise your insurance rates. Costs depend on the type of violation. The table below compares SR-22 prices for common violations across age groups in Colorado.

An SR-22 isn't insurance but a form showing you have minimum coverage. In Colorado, drivers with certain violations must file an SR-22 to get their license back. This form makes insurers see you as high-risk, which means you'll pay more for car insurance. Rates vary widely, ranging from $500 to $2,000, depending on your situation.

An SR-22, often called an SR-22 bond or certificate of financial responsibility, isn't an insurance policy. It’s a document your insurer files to confirm you meet Colorado’s Financial Responsibility law for license reinstatement.

In Colorado, having an SR-22 is mandatory for three years after serious traffic violations. This form certifies that you meet the state's minimum coverage requirements. To comply with SR-22 laws, drivers must meet the following requirements:

• $25,000 personal injury liability per person
• $50,000 personal injury liability per accident
• $15,000 property damage liability per accident

In Colorado, SR-22 certificates are usually required for three years.

Along with using an SR-22 for three years to comply with Colorado's minimum coverage laws, drivers must follow these other rules:

• Fees: You must pay a fee to regain driving privileges and file the SR-22 form to prove liability coverage.
• Insurers' policies: After an SR-22 filing, your current insurer may cancel or refuse to renew your policy, requiring you to find a new provider.
• Continuous coverage: You must maintain uninterrupted coverage during the three-year SR-22 period. Lapses can result in penalties or license suspension, as insurers must notify the state of coverage gaps.
• Relocation: If you move out of Colorado during the SR-22 period, coordinate with your insurer for out-of-state filing.
• Cancellation: After completing the three-year requirement, your insurer must file a financial responsibility cancellation with the state, confirming you’ve fulfilled the SR-22 obligation.

To avoid penalties and reinstate your license after a serious violation, maintain coverage for the entire SR-22 period. You'll need an SR-22 insurance quote if you don't have coverage. Finding insurance with an SR-22 can be more difficult than for drivers with a clean record. Insurers might cancel your policy or deny coverage when you file.

High-risk drivers in Colorado often face limited options and higher premiums due to fewer companies offering coverage. Confirm the exact fee with your insurer if you file an SR-22 for the first time. Use these tips to find more affordable SR-22 insurance:

Non-owner insurance covers those who frequently drive but don’t own a vehicle. It covers third-party injuries or property damage if you cause an accident and is ideal for frequent renters or rideshare drivers.

Non-owner policies are often cheaper than standard ones. Comparing quotes from different insurers can help you find the best rates. After purchasing a non-owner policy, your insurer can file an SR-22, ensuring compliance with state law and allowing license reinstatement after three years.

A serious driving offense in Colorado requires an SR-22 to prove you meet the state’s minimum coverage requirements. This must be maintained for three years. While SR-22 insurance is more expensive, cheap car insurance providers in Colorado exist.

Below are frequently asked questions about SR-22 certifications in Colorado:

MoneyGeek analyzed 127,836 quotes from nine companies across 258 ZIP codes to determine the average cost of car insurance for Colorado drivers of various profiles and needs.

Colorado Driver Profile

We collected data for a sample driver with the following attributes:

• 40-year-old male
• Driving record with a DUI or an at-fault accident causing $1,000 to $1,999 in property damage
• 2012 Toyota Camry LE
• 12,000 miles driven annually

Coverage Levels and Deductibles

We gathered quotes for minimum coverage policies to help drivers find the cheapest SR-22 insurance for their coverage needs. Quotes were based on Colorado’s minimum coverage requirements, with the following limits:

• $25,000 personal injury liability per person
• $50,000 personal injury liability per accident
• $15,000 property damage liability per accident

For the most affordable policy with comprehensive and collision coverage — also called full coverage — we used the following limits with a $1,000 deductible:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability per accident

Learn more about MoneyGeek's car insurance methodology.