Colorado Car Insurance FAQ - Quick Answers

The average cost of Colorado car insurance is $1,245 per year, which is less than the national figure of $1,311 annually. To get the best pricing on Colorado auto coverage, consult with a trained professional for free.

In Colorado, auto insurance can help cover different losses that could occur. Take a look at basic limits of protection on most policies:

  • Bodily injury liability: Pays for medical expenses of others.
  • Property damage liability: Pays for property damage of others.
  • Personal injury protection: Pays for your medical expenses.
  • Uninsured/underinsured motorist: Pays for an accident involving an uninsured/underinsured motorist.

Colorado follows the at-fault law when it comes to your car insurance. So, when you're responsible for causing an accident, then you'll be the one in charge of footing the bill. The minimum limits of liability that are mandated by the state of Colorado are $25,000 per person/ $50,000 per accident/ $15,000 property damage.

Even though car coverage is mandatory in Colorado, that doesn't mean everybody plays by the rules. In fact, Colorado has 13.3% of its road warriors uninsured, which is just above the national average of 13.0%. To have proper protection, you'll need to add uninsured/underinsured motorist coverage to your auto policy.

The best Colorado car insurance can be found through superior carriers. Some of the top-rated carriers in Colorado are Nationwide, State Auto, and Travelers insurance companies. These markets are highly recommended for their exceptional claims service and broad coverage selection.

In Colorado, you're required to carry the following minimum limits of liability under your auto insurance policy:

  • $25,000 per person of bodily injury liability
  • $50,000 per accident of bodily injury liability 
  • $15,000 in property damage liability

These limits can be increased to your liking and additional coverages can be added for more robust protection.

Do You Know What Your Colorado Car Insurance Covers?

Find the Best Car Insurance in Your City

How does your city measure up to the national average?

National average time spent commuting 26.9 Min

National average car thefts per 1,000 2.3 Year

National average car insurance cost $1,311 Year

CityCommute time (min)Auto thefts / 1,000Annual insurance cost
Arvada28.03.1$1,407
Aurora29.56.0$1,463
Boulder19.72.3$1,006
Brighton31.44.0$1,478
Broomfield28.11.9$1,210
Castle Rock29.80.89$1,066
Colorado Springs22.76.4$1,355
Commerce City30.36.2$1,101
Denver25.97.3$1,676
Englewood25.58.6$1,450
Fort Collins20.51.3$968
Grand Junction16.42.4$1,007
Lakewood27.27.6$1,676
Littleton26.43.8$1,280
Pueblo19.36.2$1,875
Thornton31.04.4$1,617
Westminster27.25.5$1,672
Wheat Ridge25.27.0$1,691

Bodily Injury Requirements in Colorado

In Colorado, you're required by law to carry $25,000 per person and $50,000 per accident when it comes to bodily injury liability coverage. Bodily injury liability helps pay for the medical expenses of another driver when you're at fault.

The minimum limits that are set by each state are the lowest you're allowed to carry as a driver. However, most advisers will recommend that you obtain more liability protection, as many accidents can often exceed the minimum limits. 

Property Damage Requirements in Colorado

Property damage liability will help pay for another driver's vehicle damage when you're at fault for an accident. In Colorado, you'll be required to have $15,000 in property damage liability on your auto policy.

Since you're not mandated to carry more than the minimum limits of auto liability, you could be at risk without more coverage. It's difficult to find a car that is under $15,000 these days. If you're responsible for a loss, you might have to pay out of pocket without enough insurance.

Medical Payments Coverage Requirements in Colorado

Colorado has a tort-based auto policy. This means you can collect coverage for medical expenses under the insurance company involved. Medical payments coverage can be added to your auto policy to help pay for additional medical bills. 

This can be especially helpful when you're involved in an at-fault accident and have sustained injuries. Medical payments coverage will help pay for those medical expenses so you're not responsible. 

Uninsured Motorist Coverage in Colorado

Uninsured motorist coverage helps pay for injury or damage resulting from an auto accident with an at-fault-driver. The state of Colorado doesn't require you to carry uninsured motorist coverage, but that doesn't mean you shouldn't have it. 

While this protection may not be mandated by law, it's still very useful in the event of an accident. Just because auto insurance is required doesn't mean everyone follows suit. In Colorado, 13.3% of the driving force is uninsured. This means that you could be responsible for damage or medical bills if involved in an accident with an uninsured party.     

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Optional Car Coverage in Colorado

Each auto insurance policy will come with optional coverage limits. While the minimum liability car insurance is required by law in Colorado, that's not the only protection you may need. Collision insurance and comprehensive insurance are two viable options if you want full coverage on your vehicles. 

Both collision and comprehensive limits help pay for damage to your autos in the event of an auto accident. You may also consider adding roadside assistance when you need a tow or tire change on the side of the road. Another protection that's good to have is rental car coverage, which pays for a rental car needed due to a covered claim.

Car Insurance Discounts to Consider in Colorado

In Colorado, it's possible to get a discount on insurance. Some premium savings can apply when you have multiple vehicles, or multiple policies insured with the same carrier. A discount of 30% or more is usual on your car insurance. 

Another great perk when you're a member of an association, such as a teachers union, attorney group, or others, is discounts on coverage. And don't forget about loyalty discounts. The longer you've been with a carrier, the more they'll reward you with cost savings.

How to File a Car Insurance Claim in Colorado

When you have to file a car insurance claim, it can be confusing. It's best to remember how to handle an accident by actionable items. Check out these 4 simple-to-remember steps when filing a car insurance claim in Colorado.

First, you'll want to ensure that all parties are safe and get necessary medical attention. Second, get your independent insurance agent on the phone to report the claim. Third, obtain a replacement vehicle if needed and your assigned claims number. Finally, set up a date and time with your adjuster to assess the loss and get paid for the claim.