Colorado laws, like most other states, require drivers have a minimal amount of insurance in the event of an accident.
But many drivers on the road either do not have any insurance or are underinsured, meaning their insurance would not be able pay to make you “whole” if you happen to be in a collision that was their fault.
Uninsured motorist coverage (an add-on you purchase for your policy) is how you protect yourself in these situations. All Colorado auto insurance carriers are required to offer this to you but you can turn it down in writing if you choose.
Car accidents are bad enough even if everything works like it should but colliding with an uninsured or underinsured driver adds a whole new complexity to the matter. You will have to do some extra legwork to be sure you get the compensation you need to make you “whole” again but you should be able to provided you do things right.
Before accepting any settlements from an underinsured driver’s insurance company, check with your own insurance company first since many policies in the state require you obtain their permission. Not doing so could prevent you from submitting an underinsured claim to your own insurer.
Read What if I’m in a Car Accident with an Uninsured Motorist in Colorado – a new article from Colorado car accident attorneys at the Babcock Law Firm – to learn more about what you should do if you’re in a collision with an uninsured motorist in Colorado.
And of course if you’re having problems obtaining compensation, discuss the details of your claim with a Colorado auto accident attorney at the Babcock Law Firm today.
