Colorado is a unique state and the car insurance that is offered there is also unique. Car insurance in Colorado ranks in the higher 1/3 of the country with premiums averaging $850 per year. Fifteen states are higher and thirty four states are cheaper. However, it is still possible to find cheap car insurance in Colorado.
Colorado does have specific laws that are applied to car insurance which are different from other states. The coverage and the liability amounts vary from other states so, if you are purchasing car insurance in Colorado, it is important to learn the required amount of coverage from a qualified insurance agent.
Many insurance companies advise motorists to carry at least $100,000 of bodily injury coverage and $300,000 per accident (100/300) but Colorado law specifies only $25,000 for bodily injury and $50,000 per accident (25/50). For property damage, the law requires $15,000. Colorado does not require coverage for uninsured drivers, collision, or comprehensive insurance but does require insurers to offer it. As of January 1, 2009, Colorado law requires insurers to offer policy holders a $5,000 medical policy but this is not mandatory, however, it will be automatically added to a policy unless the policy holder declines it.
Driving styles in Colorado vary from other areas of the country. Since there are large open spaces and a low density of people, the accident rate for most of the state is low. Driving styles in the major cities is similar to other large metropolitan areas with stop and go, congested, rush hour traffic. The state does receive a fair amount of snow from October until April so driving styles adjust to conform to these treacherous conditions.
There are many car insurance companies that offer coverage in Colorado and it is wise to ask about rate discounts. Most of them have some type of good student, multi car, or low mileage discounts available. Always check and ask questions to get a lower rate.
Be sure to get a free online auto insurance quote with us before you leave. Getting cheap car insurance quotes in couldn’t be easier. We strive to not only be low cost, but rather to be the cheapest company around!
Look hard for car insurance in Colorado and you will find the cheapest.
