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Liability

Colorado is an at-fault state, which means laws require every licensed car owner to carry a minimum of liability coverage both for property and bodily injury which protects the other driver if you are at fault. 



Comprehensive

Comp covers hail, theft, vandalism, glass. If you have a lender then you must carry comp and collision.  If you own the vehicle outright, you may not need comp and collision depending on the value.  Adjusting deductibles is a good way to manage premium costs.


Collision

Collision is if you collide with another car or object and covers your vehicle if you are at fault or hit by an insured driver.   


Medical Payments

Medical coverages on an auto policy protect you and your passengers in an accident. Medical payments covers you regardless of who is at fault. 


Uninsured Motorist Bodily Injury

Covers you or passengers if other driver doesn't have insurance.  UMBI also covers things like lost wages and pain and suffering which med pay does not. 


In the state of CO, insurance companies and agents are required by law to offer medical coverages but if you are looking to keep premiums down and YOU HAVE ADEQUATE HEALTH CARE COVERAGE, the insured can reject both med pay and UMBI.


COMPARE COVERAGES

Package Options

Liability, comp, collision, med pay and UMBI are standard but some carriers offer enhanced packages.


Accident forgiveness -rates won't go up from an at-fault accident. 


Declining deductibles -every year without a claim your deductible decreases by $100


Auto replacement protection- after a total loss you will get a valuation one year newer and 25,000 miles less


Mobile App- to determine safe driving policy credits


What happens in an accident?

Colorado is an at-fault state so if you are at fault in the accident, involved in a hit and run/insured motorist or sustain damage from hail, vandalism, etc to your car, you should file a claim with your insurer. Your adjuster will determine if the event was covered and recommend a shop for estimate and repairs. Your insurer then will either pay you a settlement less deductible or directly to the repair shop. If the other driver was at fault file the claim with their insurance company.  When involved in an accident, always get the drivers license and insurance information from the other party.



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