How Much Auto Liability Insurance Is Enough?
Colorado Auto Liability Insurance Update
We often get asked the question, “How much auto liability insurance do I need?” The answer to that question is different for everyone. We do recommend that everyone carry at least $500.000 auto and personal liability limits.
Colorado auto liability coverage provides protection in the event you injure a third party while driving. Serious injury or death from a car accident is devastating to the injured person or deceased person’s family, both emotionally and financially.
You should consider higher limits if you have any of these risks:
- Own a boat, ATV, or RV
- Have teen drivers
- Have a high net worth
- Own a vacation home or rentals
- Own your own business
- Have other financial assets you may want to protect
Umbrella insurance can be added to your personal insurance program for as little as $150 to $200 per year, depending on your individual circumstances. Colorado Insurance is a team of auto insurance agents who are knowledgeable and experienced in helping you find the best auto insurance policy available. We strive to match the right policy for each Colorado resident’s individual needs. Call us today at 720-283-1722 or simply visit us online to get the best quotes on auto insurance available.