Minimum Car Insurance in Colorado

Every owner who drives or permits a vehicle to be driven on Colorado highways must have a complying policy with liability limits of at least $25,000 for bodily injury or death of one person, $50,000 for all persons in one accident, and $15,000 for property damage (25/50/15). A person with more than 25 vehicles registered in their name may instead qualify as a self-insurer with a certificate from the Insurance Commissioner. Policies must also include $5,000 of medical payments coverage unless the named insured rejects it in writing (or in the same medium used to apply).

Colorado is an at-fault (tort) state: required liability insurance covers bodily injury to another person or damage to another's property when the insured is at fault for an accident. Medical payments coverage ($5,000 unless rejected) pays the insured driver's and passengers' medical expenses regardless of fault.

Auto liability policies must include uninsured/underinsured motorist (UM/UIM) bodily injury coverage unless the named insured rejects it in writing (a transportation network company cannot reject it for periods when its driver is on a prearranged ride). Before issuing or renewing, the insurer must offer UM/UIM limits equal to the insured's bodily injury liability limits (it need not offer higher). After the insured selects limits or declines, the insurer need not re-offer at renewal, though the insured may request more coverage in writing. UM/UIM pays the difference between the at-fault driver's liability limits and the damages, up to the UM/UIM limit, and may not be reduced by setoffs from other coverage such as medical payments or health insurance.