Question: What car insurance do I need in Colorado?

What is considered full coverage car insurance in Colorado?

$25,000 for bodily injury or death to any one person in an accident; $50,000 for bodily injury or death to all persons in any one accident; and. $15,000 for property damage in any one accident.

What is recommended for car insurance coverage?

The best liability coverage for most drivers is 100/300/100, which is $100,000 per person, $300,000 per accident in bodily injury liability and $100,000 per accident in property damage liability. You want to have full protection if you cause a significant amount of damage in an at-fault accident.

Do I need uninsured motorist coverage in Colorado?

Uninsured/underinsured motorist (UM/UIM) coverage is optional in Colorado. This coverage pays for the insured’s bodily injury losses caused by a hit‑and‑run driver, a driver with no automobile insurance, or a driver of an underinsured vehicle.

Does insurance follow the car or the driver in Colorado?

Colorado Auto Coverage Follows the Car, Not the Driver

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Car insurance generally follows the car, not the driver, so when you lend a friend your car, your insurance will generally cover them as a permissive user unless your policy excludes them from coverage or you do not have a collision or liability insurance policy.

What’s the minimum car insurance you need in Colorado?

For motor vehicles, Colorado law requires the following minimum amount of liability insurance: $25,000 per person for bodily injury. $50,000 per accident for bodily injury. $15,000 per accident for property damage.

Is Colorado a no fault state?

Colorado used to be a no-fault state, but since 2003, it is not any longer. Now, Colorado is an at-fault state. If you sustained injuries in a car accident, you must file a claim with the at-fault driver’s insurance.

Do I need medical coverage on auto insurance?

Medical payments coverage is optional. So, if you cause a car accident and don’t have medical payments coverage, you would have to pay out of your own pocket for your medical bills. On the other hand, auto liability coverage is required by law in most states.

How much liability insurance do I need?

Most states require motorists carry bodily injury liability insurance, and the minimums per person and per accident can vary. Your insurance agent will let you know the state minimum to ensure you’re legal on the road. Most experts recommend carrying at least $300,000 in bodily injury per accident.

Why would you reject uninsured motorist coverage?

If you already have collision insurance and medical coverage of some sort, rejecting uninsured motorist coverage might be a good way to lower your premium. Otherwise, paying for uninsured motorist coverage is generally an inexpensive way to add extra protection.

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What happens if someone hits you and you don’t have insurance in Colorado?

There is a chance they will cover damages caused by the other driver. If not, the next step might be to sue the driver in Colorado court.

What happens if the person at fault in an accident has no insurance in Colorado?

Insurance Company Policy Requirements in Colorado

Uninsured motorist coverage covers the damages caused by the uninsured-at-fault driver. With uninsured coverage, you usually recover between $25,000 to $100,000 of your total damages.