2023 Colorado Revised Statutes › Title 42 - VEHICLES AND TRAFFIC (§§ 42-1-101 — 42-21-106) › MOTOR VEHICLE FINANCIAL RESPONSIBILITY LAW (§§ 42-7-101 — 42-7-609) › Article 7 - MOTOR VEHICLE FINANCIAL RESPONSIBILITY LAW (§§ 42-7-101 — 42-7-609) › Part 5 - GENERAL (§§ 42-7-501 — 42-7-510) › Section 42-7-510 - Insurance or bond required

(1)
An owner of a truck that is subject to the registration fee imposed pursuant to section
42-3-306 (5)(b) or (7)
and that is not subject to article
10.1
of title
40
, C.R.S., before operating or permitting the operation of the vehicle upon a public highway in this state, shall have in each vehicle a motor vehicle liability policy or a certificate evidencing the policy issued by an insurance carrier or insurer authorized to do business in Colorado, or a copy of a valid certificate of self-insurance issued pursuant to section
10-4-624
, C.R.S., or a surety bond issued by a company authorized to do a surety business in Colorado in the sum of fifty thousand dollars for damages to property of others; the sum of one hundred thousand dollars for damages for or on account of bodily injury or death of one person as a result of any one accident; and, subject to such limit as to one person, the sum of three hundred thousand dollars for or on account of bodily injury to or death of all persons as a result of any one accident.
(2)
(a)
Every owner of a motor vehicle designed and used for the nonemergency transportation of individuals with disabilities as defined in paragraph (b) of this subsection (2), before operating or permitting the operation of such vehicle upon any public highway in this state, shall file with the department a certificate evidencing a motor vehicle liability insurance policy issued by an insurance carrier or insurer authorized to do business in the state of Colorado or a surety bond issued by a company authorized to do a surety business in the state of Colorado with a minimum sum of fifty thousand dollars for damages to property of others; a minimum sum of one hundred thousand dollars for damages for or on account of bodily injury or death of one person as a result of any one accident; and, subject to such limit as to one person, a minimum sum of three hundred thousand dollars for or on account of bodily injury to or death of all persons as a result of any one accident.
(b)
As used in this subsection (2), a "motor vehicle designed and used for the nonemergency transportation of individuals with disabilities" means any motor vehicle designed to facilitate the loading of individuals with physical disabilities confined to a wheelchair except vehicles owned by the United States government, vehicles owned and operated by any special transportation district, or privately owned vehicles when such privately owned vehicles are used by the owner to transport the owner or members of the owner's family who are confined to a wheelchair.
(3)
Any person who violates any provision of this section commits a class A traffic infraction. If any violation of this section is committed on behalf of a partnership or corporation, any director, officer, partner, or high managerial agent thereof who authorized, ordered, permitted, or otherwise participated in, by commission or omission, such violation is also a class A traffic infraction.
Amended by 2022 Ch. 68, § 44, eff. 3/1/2022.
Amended by 2021 Ch. 462, § 767, eff. 3/1/2022.
L. 94: Entire title amended with relocations, p. 2491, § 1, effective 1/1/1995. L. 95: (1) amended, p. 961, § 23, effective May 25; (1) amended, p. 1211, § 26, effective May 31. L. 2004: (1) amended, p. 907, § 36, effective May 21. L. 2005: (1) amended, p. 1179, § 21, effective August 8. L. 2010: (1) amended, (HB 10 -1167), ch. 417, p. 417, § 8, effective April 15; (1) amended, (SB 10-212), ch. 2039, p. 2039, § 20, effective July 1. L. 2011: (1) amended, (HB 11-1198), ch. 426, p. 426, § 28, effective August 10. L. 2021: (3) amended, (SB 21-271), ch. 3323, p. 3323, § 767, effective 3/1/2022.
(1) Amendments to subsection (1) by Senate Bill 95-173 and House Bill 95-1068 were harmonized.
(2) Amendments to subsection (1) by House Bill 10-1167 and Senate Bill 10-212 were harmonized.
(3) Section 803(2) of chapter 462 (SB 21-271), Session Laws of Colorado 2021, provides that the act changing this section applies to offenses committed on or after March 1, 2022.
2021 Ch. 462, was passed without a safety clause. See Colo. Const. art. V, § 1(3).