Required Minimums
Colorado law (C.R.S. § 10-4-619) requires the following minimum liability coverage:
- $25,000 per person for bodily injury
- $50,000 per accident for bodily injury
- $15,000 per accident for property damage
This is commonly written as 25/50/15.
Why Minimums Are Not Enough
The $25,000 per person minimum is grossly inadequate for most injury claims. A single ER visit can exceed $25,000. Surgery or hospitalization easily surpasses the $50,000 per accident limit. Experts recommend at least 100/300/100 coverage.
Optional but Recommended Coverage
- MedPay: Covers your medical bills regardless of fault
- UM/UIM: Protects you against uninsured and underinsured drivers (16% of Colorado drivers are uninsured)
- Collision/Comprehensive: Covers your vehicle damage