Once fault is determined in a personal injury case, it comes down to the involved parties’ insurance policies to pay for the damage.
In order to drive legally in the state of Colorado, drivers are required to hold a certain amount of minimum liability insurance coverage. But exactly how much car insurance do you need to meet that minimum?
Bodily injury liability
Colorado’s minimum insurance coverage requires drivers to carry bodily injury liability. This coverage comes into effect in if someone is injured or killed in an accident that you cause.
Colorado requires car owners to carry $25,000 of insurance per person in bodily injury liability and $50,000 per accident. This amount is commonly expressed as “25/50.”
While this is the minimum requirement, Colorado drivers certainly have the option to purchase more insurance coverage to fit their needs.
Property damage liability
In addition to bodily injury liability, Colorado also requires its drivers to carry a certain amount of property damage liability insurance.
This coverage amount must meet a minimum $15,000 per accident for any property damages that the injured party may have suffered.
Again, drivers have the option to purchase more insurance coverage if they wish, but this is the minimum you must have.
While no other insurance coverage is required for Colorado drivers, insurance companies are required to offer their customers uninsured motorist coverage. This coverage comes into effect whenever you are injured by a motorist that is not carrying the proper insurance. Coverage can be used for medical expenses or property damage.
Even though insurance providers are required to offer uninsured motorist coverage to drivers, drivers can elect not to purchase this coverage.
Read about the database that tracks individuals and how much insurance they carry on driversed.com.