Insurance Requirements in Colorado

Under Colorado law, motorists are required to purchase and maintain a minimum amount of liability insurance as defined by the law. The liability coverage refers to the coverage that you must purchase to cover the costs of bodily injury caused to another person in an accident you’re involved in. It also will cover the property damage that is caused to the other person’s car in an accident that you cause.

Under the law, a Denver motorist must possess a minimum of $25,000 per person in bodily injury liability coverage, and $50,000 per accident for bodily injury liability. A motorist must also possess a minimum of $15,000 per accident for property damage. You can purchase insurance in excess of these limits, but these are the minimum insurance requirements that are in place under the law.

Apart from these minimum insurance requirements, you may also purchase additional coverage in order to boost protection for yourself. For instance, you can purchase uninsured motorist coverage that will help cover your damages if you are involved in an accident involving a motorist with no insurance. Colorado has some of the highest rates of uninsured motorists in the United States, and ranks in the top 10 list of states based on the number of uninsured motorists driving on its streets. That means that your chances of being involved in an accident with an uninsured motorist are fairly high.

Hire A Denver Car Accident Lawyer

If you are currently having trouble recovering insurance benefits from your insurance company after an accident, speak to a Denver car accident lawyer. Schedule an evaluation of your case by a Denver car accident lawyer and discuss your options.

By: Dallas Norton

Dallas Norton, the founding partner of Norton & Bowers, has practiced law with a focus on personal injury since 1992. Mr. Norton has extensive Colorado roots including grade school in Arvada and high school in Denver. He earned his J.D. from Brigham Young University Law School in 1991. When working on behalf of clients, Mr. Norton draws upon his extensive background in psychology and human resources.