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DEPARTMENT OF REGULATORY AGENCIES Division of Insurance 3 CCR 7024 LIFE, ACCIDENT AND HEALTH Proposed New Regulation 4237 REQUIRED INFORMATION FOR CARRIERS TO OBTAIN ON ALL FULLLENGTH APPLICATIONS
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Motor vehicle self-insurance is a system where an individual or organization assumes the financial risk of insuring their own vehicles.
Individuals or organizations who choose to self-insure their vehicles are required to file motor vehicle self-insurance.
To fill out motor vehicle self-insurance, one must provide relevant information about the vehicles, insurance coverage, and financial responsibility.
The purpose of motor vehicle self-insurance is to allow individuals or organizations to be financially responsible for any accidents or damages involving their vehicles.
Information such as vehicle details, insurance coverage limits, and financial statements must be reported on motor vehicle self-insurance.
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