subject: Colorado Auto Insurance Minimum Coverage Requirements [print this page] Colorado Auto Insurance Minimum Coverage Requirements
Do you know the Colorado auto insurance minimum coverage requirements? The minimum car insurance requirements are determined by CO legislator. Driving without the required insurance is a very serious matter and may result in penalties and unwanted burden.
Personal injury liability
As a Colorado driver you must have at least $ 25,000 in each bodily injury liability insurance in force. This type of insurance that pays for theMedical expenses from a person in a car accident where you are considered the at-fault driver injured. Your policy must pay also violates a limit of at least $ 50,000 to the medical bills for two or more people in the same accident.
Property damage liability
The property damage liability portion of your policy pays for damage caused to objects, like the other driver, the vehicle, a mailbox, a fence or a shed. The minimum amount of coverage required by lawCO $ 15,000.
Please note that the minimum rates of insurance coverage set out here are just that. Drivers in Colorado have the opportunity to think more coverage if they want. Before you make a decision about what level of coverage to buy, you should be aware that if we are at-fault driver in an accident you for paying for damages that have jurisdiction over your policy limits.
It makes more sense to insure your vehicle properly and not the chance thatYou will have to consider opening up your savings or liquidate your assets after an accident. Your insurance company or agent you can find help, how much should we have to take cover.
Find Colorado Auto Insurance Coverage Today
Now that you know what are Colorado auto insurance minimum coverage requirements, why do not the next step and make sure you have enough protection for your needs? Spend a few moments to compare pricesof some of the top companies, and you can on your way to the best Colorado car insurance will be a snap!
