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Colorado Insurance Blog

Do all Denver car owners need auto insurance?

When you are living in the Denver, CO area, you are going to want to be able to get around the metro area as efficiently as you can. A great way to make your transportation process easier is by owning a car. If you do want to own a car here, it is important that you get the right insurance for it. There are several reasons that the typical car owner here needs to have insurance for their vehicle.

Insurance is a State Law

It is very important to get auto insurance in Colorado because it is a state law. Anyone that is here and owns a car has to abide by state laws regarding liability coverage. If you are going to drive on a public road, you will be required to have liability auto insurance in place at all times. This will ensure that you could pay for any damages that you may cause during an accident.

Insurance is Required by Lenders

Buying a car is a major investment that often requires taking out a loan. If this is the case for you, the lender will have certain auto insurance requirements that normally will include having a policy with full coverage. This requirement is designed to ensure that the lender’s collateral is protected until the loan is repaid. 

Car owners that are in the Denver, CO area have to ensure that they maintain proper insurance at all times. If you are looking for ways to cover your vehicle, it would be a good idea to call AFI Insurance. Anyone that works with AFI Insurance will find that their friendly and knowledgeable service is geared to helping people pick quality insurance policies. This can ensure that anyone remains properly covered and protected at all times. 

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