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7/13/04-Gov. Bill Owens has signed a bill stiffening penalties in Colorado for uninsured drivers.
The new law, previously HB1193, increases the fines from $100 to $500 for first-time offenders and authorizes the suspension of a driver’s license until proof of insurance is filed.
A second offense within five years carries a $1,000 penalty, up from the current $200, and a four-month license suspension. Evidence of insurance would need to be kept current for three years and would be required for reinstatement of the driver’s license.
The new law requires more reporting to the state by insurance companies about persons who have dropped or failed to renew their vehicle insurance policies.
Local law-enforcement departments would share the state revenue from fines issued for lack of insurance.
The new law, previously HB1193, increases the fines from $100 to $500 for first-time offenders and authorizes the suspension of a driver’s license until proof of insurance is filed.
A second offense within five years carries a $1,000 penalty, up from the current $200, and a four-month license suspension. Evidence of insurance would need to be kept current for three years and would be required for reinstatement of the driver’s license.
The new law requires more reporting to the state by insurance companies about persons who have dropped or failed to renew their vehicle insurance policies.
Local law-enforcement departments would share the state revenue from fines issued for lack of insurance.