Auto Insurance in Colorado

To get the most out of your auto insurance, you will need to learn about the costs of owning a car in Colorado. WestCo Insurance in Colorado Springs, CO is here to help you learn all you need to know about auto insurance. According to the National Association of Insurance Commissioners, Colorado ranks 18th in the country for average ownership costs. While this is relatively good news for car owners in the state, prices have been steadily increasing across the country by more than 5% since 2010.

Colorado law requires liability insurance for every car owner in the state. In layman’s terms, liability insurance covers situations where you cause damage to property or bodily harm to another person. The insurance must cover a minimum amount per personal injury, per accident that involves more than one personal injury, and for any property damage.

Though not required by Colorado state law, collision and comprehensive insurance plans help make sure that damage to your vehicle is covered. Collision insurance covers damage caused by accidents with other vehicles, while comprehensive insurance covers damage caused by a wide range of events, from fires to vandalism.

In special cases, like a hit-and-run accident or a collision with an uninsured driver, there are insurance plans to make sure that any injury to you or damage to your car is still covered. Uninsured motorist coverage has the same base requirements as regular auto insurance plans, with set minimums per injury and accident. Knowing which kind of insurance fits your needs is the first step toward finding a plan that is right for you.

Despite the rising costs and legal requirements, searching for an auto insurance quote doesn’t need to be a hassle. At WestCo Insurance, we give our customers all the information they need to make an informed decision. Whether or not you decide to choose us as your insurer, we are happy to provide comprehensive quotes for your specific needs. Reach out to our office in Colorado Springs, CO to learn more about your options.