Do I need uninsured motorist property damage in Colorado? This question is about Best Car Insurance in Colorado

Do I need uninsured motorist property damage in Colorado?

This question is about Best Car Insurance in Colorado

Candace Baker, Car Insurance Writer

@candacebaker • 05/18/23 This answer was first published on 05/18/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, you do not need uninsured motorist property damage (UMPD) insurance in Colorado, and drivers in Colorado do not even have the option to purchase UMPD coverage. Instead of UMPD, you can purchase collision insurance, which is an optional type of coverage that pays to repair or replace your vehicle after any accident.

Uninsured motorist property damage insurance pays to repair or replace your car if you’re involved in an accident caused by an uninsured driver. To learn more, check out WalletHub’s guide to uninsured motorist insurance.

What does uninsured motorist property damage cover?

Uninsured motorist property damage insurance covers the cost to repair or replace the policyholder’s vehicle or other property if it is damaged in an accident caused by an uninsured or underinsured driver. Six states and Washington, D.C., require uninsured motorist property damage insurance, and it’s optional in others.

Uninsured motorist property damage (UMPD) coverage is meant to replace the property damage liability insurance that an uninsured driver should have purchased. As a result, drivers generally buy...

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Is uninsured motorist coverage required in Colorado?

No, uninsured motorist coverage is not required in Colorado, as drivers can reject the coverage in writing. Still, insurance companies are required to offer at least $25,000 in uninsured motorist bodily injury coverage per person (up to $50,000 per accident).

Uninsured motorist bodily injury (UMBI) coverage pays for the medical bills of the policyholder and their passengers who were injured in an accident with an uninsured motorist. The per-person limit applies to each person injured, while the per-accident...

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What happens if I'm in a car accident where the other driver has no insurance?

If you’re in a car accident and the other driver has no insurance, then any medical bills or costs to repair your vehicle will need to be paid by your insurance company. This is usually done through uninsured motorist coverage, although collision insurance also covers certain costs. In addition, you might be able to sue the uninsured driver for damages. Some states make filing a lawsuit more difficult than others, though.

Uninsured motorist (UM) coverage...

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