Colorado’s auto insurance premiums have increased by 80% since 2005 -when the average motorist from paid $827 for a policy. In 2008, the average auto insurance premium increased to $1,489. Because the price of insurance increases dramatically every few years it is essential that you compare auto insurance quotes from multiple companies.
By educating yourself on insurance rates in Colorado you’ve taken the first step to getting cheap car insurance in Colorado.
Quotes Available in ALL of Colorado, including Denver, Colorado Springs, Aurora, Lakewood, Fort Collins, Thornton, Pueblo, Westminster, Arvada, and Highlands Ranch.
What are the Mandatory Minimum Coverage Requirements in Colorado?
In Colorado, drivers are prohibited from having no insurance. At the very least, all drivers must purchase liability insurance. The liability minimum all drivers must have include;
- Bodily Injury Liability — Minimum required by law is $25,000 per person and $50,000 per accident.
- Property Damage Liability — Minimum required by law is $15,000 per accident.
Colorado Car Insurance Complaints
Any outstanding grievances you have against an insurance company or broker may be taken up with the Colorado Department of Insurance.
The Colorado Department of Insurance
1560 Broadway, Suite 850
Denver, CO 80202