In Colorado, car insurance is
mandatory for all drivers. Auto insurance regulations are enforced by the
Department of Regulatory Agencies, Division Insurance. Until Colorado 2003
Colorado was a "no-fault", but changed to reduce the cost of
insurance premiums the law, to help and to prevent abuse claims. Colorado car
insurance now works as a liability system, which means that the fault must be
detected before an insurance company to pay a claim.
Required Car Insurance
Colorado driver has liability
insurance that covers only the other car and / or driver, if an accident is
your fault. Colorado drivers have liability coverage in the following minimum:
$ 25,000 per person for bodily
injury.
$ 50,000 per accident for bodily injury.
$ 15,000 per accident for
property damage.
