Auto insurance is a necessary expense for all drivers in Colorado. It not only provides financial protection in case of an accident, but it is also required by law. However, many drivers may not fully understand their auto insurance policies or the importance of reviewing them regularly. In this blog post, we will discuss the importance of reviewing your auto insurance policy in Colorado and provide a guide for drivers on how to do so.

The first thing to understand about auto insurance is that it is constantly changing. Insurance companies are always adjusting their rates, policies, and coverage options. Additionally, as a driver, your personal situation may also change. For example, you may purchase a new car, move to a different address, or add a new driver to your policy. All of these changes can affect your auto insurance coverage and your premium. That is why it is important to review your policy regularly to ensure that you have the right coverage and that you are not overpaying for your insurance.

Liability Coverage

When reviewing your auto insurance policy, there are several key things to look out for. The first is liability coverage. This is the coverage that pays for damage or injury that you cause to another person in an accident. It is required by law in Colorado and it is important to make sure that you have enough coverage to protect your assets in case of a lawsuit. The state of Colorado requires a minimum liability coverage of $25,000 per person and $50,000 per accident for bodily injury, and $15,000 for property damage. These minimum limits are too low for most Colorado Drivers.  You want to select liability limits high enough to protect your assets and future wages in the event of a bad accident.

Comprehensive and Collision

The next thing to look out for is collision and comprehensive coverage. These coverages will pay for damage to your own vehicle in the event of an accident or of certain non-collision event, such as theft or vandalism. Collision and comprehensive coverage is required by lenders if you have a car loan or lease. It is important to consider whether you can afford to pay for repairs or replacement of your vehicle out of pocket in case of an accident or if you’d want to pay for these repairs. Even if your car is paid for, it usually makes sense to keep comprehensive and collision.

Uninsured Motorist

Uninsured motorist bodily injury coverage is also important to consider. This coverage could protect you in case you are in an accident with a driver who does not have insurance or does not have enough insurance to cover your bodily injury damages. Uninsured motorist coverage is required by the state of Colorado, however, you can opt out by signing a waiver. It is important to keep this coverage on your policy to ensure that you are protected in case of an accident with an underinsured driver.


Another thing to consider when reviewing your auto insurance policy is your deductible. A deductible is the amount of money that you will have to pay out of pocket before your insurance coverage kicks in. Choosing a higher deductible can lower your premium, but it also means that you will have to pay more out of pocket in case of an accident. It is important to choose a deductible that you can afford in case of an accident.


Lastly, it is important to look at any discounts or loyalty programs that your insurance company may offer. Many insurance companies offer discounts for things like good driving records, multiple cars, safety devices, and even for being a long-time customer. Make sure you are aware of all the discounts you qualify for to ensure that you are getting the best rate possible.


Reviewing your auto insurance policy in Colorado is an important step in ensuring that you have the right coverage and that you are not overpaying for your insurance. By understanding your coverage options, looking out for discounts, and regularly reviewing your policy, you can ensure that you are properly protected in case of an accident. Don’t hesitate to reach out to your insurance agent if you have any questions about your policy or if you need help reviewing it.