Colorado Auto Insurance

Minimum Compulsory Coverage - 25/50/15 Minimum coverage in Colorado is $25,000 for injury liability for one person in an accident, $50,000 for all injuries in any one accident, and $15,000 for property damage in an accident.

Proof of Auto Insurance - is required and must be presented to law enforcement upon request.
Penalty for no insurance is license suspension and $500 fine

Uninsured Motorist Auto Insurance - is required

Important to know Auto Insurance Laws for Colorado!

If you own or operate any motor vehicle in Colorado you are required to have a liability insurance policy.

Important Change in Law for Auto Insurance

Prior to July 1, 2003, Colorado’s insurance system was a "no-fault" state. In short, that translated to property damage which was covered by the party "at-fault," while each driver’s personal/personnel injury was covered by his/her auto insurance policy (Personal Injury protection or PIP) regardless of whether he/she was found negligent. This was intended to provide immediate medical coverage for both parties, while limiting the amount of law suits that a driver could file or be subject to, thus keeping auto insurance premium costs down.

For more information on No Fault insurance, see our article on no fault insurance

However, currently Colorado auto insurance is based on a "tort" system. This is a standard policy based on the premise that the "at-fault" party pays for all damages - personal and property.

For more information check out the Colorado state insurance web site at: http://www.dora.state.co.us/insurance/
insurance@dora.state.co.us

State of Colorado Division of Insurance

1560 Broadway, Suite 850
Denver, CO 80202

Phone: 303 894-7499
Consumer Information: 303 894-7490
Toll Free: 800 930-3745
Fax: 303 894-7455