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Colorado Car Insurance

When you are hitting the roads of Colorado, make sure to have legit car insurance. Drivers have to show a valid identity proof along with their Colorado car insurance to avoid being penalized or getting convicted.

Average Premiums in Colorado

The state average premium for Colorado car insurance is fixed at $84-$85 per month. however, in some locations of Colorado, car insurance may be charged at $81 per month. 

Auto Insurance Laws and Requirements in Colorado

Colorado has fixed liability insurance for the following;

  • Injury liability fixed at $1,25,000
  • Other injuries at $50,000
  • Property damage liability coverage at $5000

Since 2003, Colorado has turned into a tort state, which demands the driver at fault to pay the medical expenses to the victim. Thus, it has now become necessary to carry high insurance coverage in contrast to the minimum coverage of the state.

Car Insurance Coverage in Colorado

As a driver who knows his financial responsibility is free to decide the amount of coverage for Colorado car insurance. That means, there is instability in the coverage amount. while the luxury cars require large insurance coverage, vehicles that are old can be covered by the minimum coverage amount.

DUI Laws in Colorado

Drivers who are found violating DUI laws will face the following penalties;

  • Imprisonment up to 1 year
  • Twelve license points
  • Fine of $1200
  • Community service for 96 hours along with nine months of license suspension

A driver has to sign the form of SR-22 in order to reinstate the license. During such situations, the insurance providers have full liberty to increase the cost of insurance.

Age Limit Laws in Colorado

In order to get a Colorado learner’s license the driver has to fulfill the following conditions;

  • Teenagers aged 15 years who have completed the driving course
  • Teenagers aged 15 years and six months who have completed the driver awareness programs
  • Young drivers who have attained 16 years without a proper driver’s training

Despite getting the learner’s permit, the driver must have taken 50 hours supervised training in order to qualify for the next stage.

Teenagers who have qualified for the intermediate stage are not allowed to drive between 12 am to 5 am. Moreover, they cannot take a passenger until the age of 21 years.

In Colorado, a 17-year-old teenager gets a full permit for driving on the roads.

Credit Score Laws and Regulations in Colorado

Colorado state government allows the insurance companies to cross-check the credit information of the insurer before deciding the rates. The monthly Colorado car insurance cost reduces when the credit score is higher. If you want to pay lower monthly rates but have a poor credit score, you will have to work towards increasing your credibility.

High credit scorers are charged approx. $38 while poor credit scorers are charged up to $74 per month.

Insuring your Vehicle in Colorado

When you are getting Colorado car insurance, it covers all the accidental expenses and adverse incidents. That means, the driver feels covered along with the vehicle insurance. However, it is to be noted that, the insurance coverage is customized according to the vehicle’ make and model. The driver is not covered by the car insurance.

Additional Auto Insurance Laws and Requirements in Colorado

The state laws heavily influence the rates of the insurance. Whenever you are found violating them, it automatically increases your monthly charges.

  • Highway safety laws

In Colorado, there are no driving rules or any highway safety laws. That means, the drivers can feel free to drive aggressively without worrying about the driving manners and ethics. However, in case of accidents, the Colorado car insurance company and the driver will be held responsible for the accident.

  • Speed limits and use of cellphones

There is a legal driver ban on texting and driving in Colorado. It is considered as a primary offense. Thus, if the driver is found texting while driving, he is instantly convicted under the law enforcement. There is equal law enforcement on the speed limit as well. A driver is not allowed to drive above 65mph in an urban interstate.