Colorado · No policy means the judgment is personal
Driving without insurance does not cap what you owe.
Colorado’s financial-responsibility floor is liability of $25,000 per person and $50,000 per accident for bodily injury, and $15,000 for property damage. That limit is what a policy would pay other people. If there is no policy, there is no limit sitting between a judgment and you. Fines, license holds, and registration holds are separate, and they change. This page does not quote a fine schedule. Read the citation, and check Colorado DMV and the Division of Insurance. This is not legal advice.
After certain offenses, suspensions, or judgments, the state may require an SR-22. That is a filing, not a type of policy and not the fine. The carrier certifies that liability is in force and tells the state if it cancels. The notice you were handed sets the term. How the filing works: Colorado SR-22, and the same idea in Texas at SR-22 in Texas. A lapse during that period is what gets reported. Bind the next policy before the current one ends.
The legal floor, written out: Colorado car insurance laws. What liability actually pays: Colorado liability. The rest of the options: Colorado car insurance options. How uninsured-motorist coverage works when you do buy it, using the Texas explanation of the same mechanism: uninsured motorist coverage.
