Residents of the Highlands Ranch, CO area have plenty of options when it comes to auto insurance, and the rates that you pay will largely depend upon exactly which of those options that you select. Your driving record may also play into the insurance rates that you pay. Colorado drivers who have a perfect or near perfect driving record will naturally have lower rates than those who are in the "high risk" category due to multiple major traffic violations in the recent past. No matter what your driving record looks like, you will typically be able to get the auto insurance coverage that you need.
Liability coverage is required by Colorado law, and is important because it protects other drivers when you are at fault for an accident. Usually, liability coverage is divided into two types: Bodily injury liability and property damage liability. The first provides coverage for physical injuries that other people may sustain, while the second provides coverage for the damages to their vehicle.
Underinsured/Uninsured Motorist insurance is there to protect you for those situations where you are hurt in an accident that was caused by a driver who has no insurance, or a driver who is driving with inadequate insurance coverage. This coverage is also required by Colorado law.
Collision coverage will pay for repairs to your vehicle in the event that it is damaged in a wreck, or if you run into anything like a light pole or other stationary object. While you are not legally required to maintain this type of insurance, it is very wise to have it if you want to protect your vehicle, and if you don’t want to be stuck with huge out of pocket repair bills.
Comprehensive insurance is the coverage for the damages that are not collision related. This can include any number of things, but will typically include weather related damages, flood damage, and even damage from animals. It will also include theft, so you need to have this coverage if you want the fullest possible protection for your vehicle.
It’s quite easy to get the right coverage for you by comparing insurance quotes through the Compass Insurance Group. We offer live comparative quotes for free. Try our live quote tool online or feel free to phone us for policy quotes anytime!