Automobile liability insurance is generally defined as coverage for bodily injury you cause to another person or for property damage you cause to another person’s property through negligent use of your vehicle.
The minimum amount of liability insurance required by Colorado law is as follows:
- $25,000 per person for bodily injury;
- $50,000 per accident for bodily injury; and
- $15,000 per accident for property damage
Additional coverage, such as medical payment coverage, uninsured motorist coverage, comprehensive and collision are available, but not required. As of Jan. 1, 2009, Colorado requires mandatory “med-pay” coverage with all insurance policies. Consumers may refuse this coverage in writing. More information on med-pay can be found at Medical Payment Coverage in Colorado.