Colorado, (PressExposure) March 09, 2009 -- âThe State of Colorado has made every policy contain a minimum coverage for bodily injury and property damage mandatory under law. Many factors determine whether you will be entitled to reduce Colorado Auto Insurance rates. Your car, your lifestyle, your relationship with the insurance company, your driving record and your credit rating can impact the reduction of the cost of your insurance premiumâ says Holly R. Filer of www.coloradocarinsurancepro.com
Providing more details on coverageâs, Holly R. Filer said, âIt is critical to understand the minimum required car insurance coverageâs for the state of Colorado. Colorado requires liability coverage for each individual injured party in an accident. The coverage should be $25,000 minimum for each person. The total maximum payout for all injured parties would be $50,000 liability for a single accident for Colorado Auto Insurance. The total property damage liability for a single accident is $15,000. What this means is that you must have as a bare minimum $25,000 per person for injuries caused to another person, up to $50,000 for all parties injured in the accident you were involved in and $15,000 for damages you caused to the other partyâs property.â
Speaking on the free rate finder tool, Holly R. Filer said, âOur tool provides one stop shopping. You can complete one online application; and we in turn provide you a consolidate quote that compares the top ten Colorado Insurance Companies.
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