All Colorado drivers are required by law to purchase liability insurance to help pay for accident related injuries or damages they are responsible for. Whether you are simply looking for a better rate on your current policy, or a new driver in search of your first auto insurance policy, Mitchell Insurance Agency can help. By offering multiple quotes from the nation’s top auto insurance carriers, our clients receive the best combination of coverage and price on Greeley auto insurance.
To comply with Colorado law, every driver in Greeley must carry certain minimum levels of liability insurance. If you were to cause an auto accident, liability insurance will help to cover costs associated with damages and injuries to other parties resulting from the accident. If you do not purchase the required liability insurance, you may face penalties including a minimum $500 fine, a license suspension, points on your driver’s license, and community service.
Colorado Auto Insurance Requirements
- $25,000 for bodily injury per person
- $50,000 total for injuries per accident
- $15,000 for property damage
Keep in mind these are the minimum levels of coverage required by law. More substantial levels of liability coverage will further your protection.
Optional coverage can be added to your auto insurance policy to protect both you and your vehicle. Common coverage additions often include collision coverage, comprehensive coverage, roadside assistance/towing coverage, uninsured/underinsured motorist coverage, rental car coverage, and more. Collision coverage and comprehensive coverage are the most common additions to Colorado auto insurance policies.
The liability insurance you are required to purchase by law is meant to protect others and does not extend to you or your vehicle. Collision coverage helps to pay for damages to your own vehicle if you were to cause an accident. If you are financing or leasing a vehicle your bank or lender may require that you purchase collision coverage.
Even when we are not on the road, our vehicles can be damaged. Comprehensive coverage will help to pay for damage caused to your vehicle by vandalism, fire, theft, natural disaster, and similar non-collision related damage. When it comes to comprehensive and collision coverage, you should consider the age and condition of your vehicle. These additions may not make sense financially for much older vehicles that have lost much of their value. Our team of auto insurance experts are here to help you determine if adding or removing these types of coverage is a valuable choice.
Various discounts are available to Greeley residents to help save money on their auto insurance. Good driver discounts, good student discounts, anti-theft discounts, multivehicle discounts, credits for applicants with prior insurance, and much more are available!
At Mitchell Insurance Agency, we aim to offer the best coverage and rates available on Colorado auto insurance policies. For more information on Greeley auto insurance or to receive a free quote, contact us today!