Colorado- Auto Insurance

Insurance laws change when you switch jurisdictions, which can alter coverage for liability, property damage, mandatory minimums and required documentation.

Guidelines

  • In Colorado, you cannotĀ registerĀ  your car until you can prove that you have insurance first.
  • If you are pulled over and cannot prove that you have liability insurance, you have the risk of a minimum $500 fine, and four points placed on your motor vehicle record, which certainly cause your premiums to change. A second offense brings with it a minimum $1,000 fine plus a four-month suspension. A third violation also has a $1,000 fine, an eight-month suspension, and likely community service.
  • For Colorado, the minimum s are $25,000 for injury of one person and $50,000 for injury of more than one person; and at least a $15,000 property damage maximum for one accident.
  • If you are living out of state seasonally, or serving in the military, you may be eligible for an exemption to the mandatory insurance law.

Contact:

The Colorado Dept. of Insurance
1560 Broadway, Suite 850
Denver, CO 80202
Phone: 1-303-894-7499
Toll Free: 1-800-930-3745
Fax: 1-303-894-7455

Web Site: www.dora.state.co.us/insurance
Email: insurance@dora.state.co.us

Colorado (CO) Mandatory Auto Insurance Minimums:

  • Liability: 25/50/15 = Bodily Injury Individual/Bodily Injury Total Per Accident/Property Damage
  • Regulations Regarding Proof of Insurance: Proof Required – When Obtaining Registration, If Involved In An Accident, If Stopped By Authorities When Driving
  • Penalties For Not Carrying Mandatory Insurance: Fine up to $500

Inside Colorado- Auto Insurance