Colorado motorcycle riders need to meet certain insurance coverage requirements to ride legally. At Compass Insurance, we can offer insurance policies that allow motorcyclists in Centennial, CO to meet their legal responsibilities.
The following are three things to know about motorcycle insurance in Colorado to meet state insurance requirements.
Colorado motorcyclists are required to carry bodily injury coverage.
In order to meet state coverage requirements, a motorcycle insurance policy in Colorado needs to offer $25,000 in bodily injury coverage per individual. Total bodily injury coverage per incident needs to be at least $60,000.
Colorado motorcyclists are required to carry property damage coverage.
Another requirement in Colorado is the property damage requirement. State law requires at least $15,000 in property damage coverage for a Colorado motorcycle insurance policy
Any other type of coverage in Colorado is optional.
There are numerous other types of coverage that Colorado motorcyclists can consider. For example, a Colorado motorcyclist might want to invest in collision coverage. This type of coverage will cover the costs of damages to the policyholder’s own bike.
Another option is uninsured motorist coverage. This provides added coverage for a situation where a motorcyclist gets in an accident with a motorist who is not carrying insurance.
Although Colorado motorcyclists have the option to purchase these other coverage types, they are not required to under state law. However, many of these optional coverages are a good idea for motorcyclists looking to protect their assets.
If you’re looking for motorcycle insurance coverage in Centennial, CO, get in touch with us! We can provide you with information on motorcycle insurance requirements in Colorado and help you find a policy that meets your needs. Contact us at Compass Insurance today!