Auto insurance is mandatory for drivers in the United States. Drivers in Colorado must meet the minimum criteria to auto insurance liability, or comprehensive coverage depending on their driving record. AFI Insurance of Denver offers auto insurance to drivers in Colorado State.
The main categories of auto insurance available to Colorado drivers:
Liability Coverage – the mandated minimum auto insurance requirement every Colorado driver must meet to register a vehicle and driver in the state, covers another driver’s injuries and property damage after an accident claim.
Property Coverage – auto collision coverage compensates for vehicle repairs or replacement in response to an accident or vandalism claim.
Medical Coverage – compensates an insured for any medical bills hospitalization, funeral expenses, as well as lost wages due to injury.
Comprehensive Coverage – a single policy combining liability coverage, property damages, and medical expenses.
Colorado auto insurance premiums are indexed at a higher rate. Depending on a driver’s accident and traffic ticket record, auto liability insurance may be supplemented with collision or part of a comprehensive auto insurance agreement. Comprehensive auto insurance policies cover medical bills, vehicle repair bills, and attorney fees if a lawsuit should ensue after an accident claim.
A driving record that has negative marks for accidents or traffic tickets may be categorized as a risk; requiring a driver to meet comprehensive auto coverage requirements to register a vehicle, as well as apply or renew a license. Colorado drivers with a good driving record may benefit from discounts offered through their insurer. Ask your insurance broker about your eligibility for a good driver discount.
To find out about auto insurance coverage policy premiums, claims grace periods, and terms and conditions in Colorado, and to request a quote, contact AFI Insurance, Denver CO.