It is a requirement for every driver in Colorado to carry an auto insurance policy. In the event of an auto accident that results in injuries to other people or damage to property, the driver will be protected financially. A Zoila's Insurance offers minimums for liability coverage that drivers are obligated to carry. We do suggest going above the minimum requirements though.
Colorado was a "no-fault" state until 2013. This meant that drivers could collect compensation from their insurance companies regardless of the degree of fault for the car crash. However, it switched to a tort state so as to reduce the cost of insurance premiums and prevent claims abuses. The amendment also helped to shed restrictions on losses such as pain and suffering. Therefore, drivers must establish fault to insurers like A Zoila's Insurance under the current system before an insurance company pays the claim money.
Types of auto insurance coverage
Attempting to avoid the auto insurance minimum coverage requirements is a risky approach. Instead, it is wise to think about how to expand your coverage. For more information about auto insurance requirements in Colorado, contact us by phone or visit our office. We can help you get a quote.