Colorado Insurance History at a Glance

The state of Colorado has minimum requirements for auto insurance and at this writing are $25,000 liability coverage per person and $50,000 per accident.

This means that if you own a car in Colorado you have to carry this much insurance to legally meet the state’s requirements; so that insurance is available if someone is injured due to negligence of the car’s owner or driver.

There is no requirement to carry such insurance as collision, comprehensive or even, uninsured motorist coverage for personal use automibles.

Colorado is now what is referred to as a tort system state, which means that each party is responsible for their medical coverage (in most instances although there are factors that can change this, so be aware) and the at fault party may be required to pay for the injuries, damage, suffering and reimbursement of the medical bills of the party that is injured.

Some auto policies offer a degree of medical coverage for injuries sustained in an accident and these vary by policy. Coverage is also available for protection from uninsured motorists who may damage or injure you and have no complying insurance or not enough insurance to cover your damages.

Colorado is also a comparative negligence state which means that a party may be found to be at least partially at fault for causing their own injury and this can be a factor in determining the amount of compensation that the injured party is entitled.

More complete and updated information about Colorado’s requirements for automobile insurance can be found by going to the state department of insurance website at: or calling them at 1 -800 – 930 – 3745.

Settling on an amount of compensation for an automobile accident can be a complicated process and may involve a number of time limits and methods of settling the case to prevent a loss of rights for the injured party.

A person wishing to settle their case should either contact a legal professional or at a minimum do extensive research to determine the rights and obligations they have when attempting to settle the case.