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• CO Auto Insurance

Which Colorado Auto Insurance Policy Best Fits Your Needs?

Compare Colorado Auto Insurance Quotes and Policies

When it comes to car insurance, every state has its own laws governing the minimum liability insurance required. Some states follow a tort system, while others follow a no-fault or hybrid auto liability system. It’s important to know Colorado’s insurance requirements in order to choose the best insurance policy for you. At AIP, learn everything you need to know about Colorado’s auto insurance laws and compare Colorado auto insurance company quotes here, your one-stop-shop for all things related to Colorado car insurance.

Colorado auto insurance law: minimum required auto insurance

How to read car insurance liability limits

Liability amounts are written as three numbers separated by slashes.

• First number: bodily injury liability maximum for
  one person for injuries you caused to the other party
• Second number: bodily injury liability maximum for all injuries in one accident
• Third number: property damage liability maximum for one accident

What liability system does Colorado follow?

Insurance provides protection to consumers by assuming certain risks and promising to pay for
financial loss. In Colorado, legal and financial responsibility is based upon the law of
negligence. A negligent act which causes damage or injury is legally known as a tort. If an
accident is your fault, that is, you are negligent, you are responsible for bodily injury and
property damages suffered by the innocent party.

PIP (Personal Injury Protection) insurance is not required in Colorado.

Personal injury protection is an extension to auto insurance plans that covers medical and accident-related expenses regardless of who is at fault.

What does uninsured motorist coverage mean? Is it required in Colorado?

This protects the named insured, the named insured’s
resident relatives and occupants in the insured vehicle, if they sustain bodily injury in an
accident in which the owner or operator of another motor vehicle is legally liable and does not
have insurance (uninsured) or does not have enough insurance (underinsured). This coverage
must be offered under C.R.S., 10-4-609, but does not have to be accepted by the insured.

While these are the minimum required liability limits, it is usually considered a good idea to purchase additional optional coverages (medical, uninsured and underinsured motorist, collision, and comprehensive). The amount of coverage you choose affects your Colorado auto insurance rates.

Click for more information about Colorado auto insurance quotes.