Colorado · Cheap is a deductible, not a law
A lower Colorado auto premium usually means a higher deductible, a dropped physical-damage line, or a different car. It does not mean the state priced a “cheap full coverage” policy. This page will not rank carriers.
Full coverage means liability plus collision plus comprehensive. CRS 10-4-620 requires the liability piece: $25,000 bodily injury per person, $50,000 per accident, and $15,000 property damage. Collision and comprehensive are not in that section. The state does not require them on a paid-off car. A lender usually does, and it can cap the deductible. Compare quotes only after the liability limits match and the deductibles match. A $1,000 comprehensive deductible is not the same policy as a $250 one. Hail on the car uses the comprehensive deductible. A crash uses collision. Gap, rental, and uninsured motorist are extra lines. Leaving them off lowers the bill and leaves the loss on you.
The nickname, without a price: full coverage. The three pieces: liability, collision, and comprehensive. What the statute does not require: is collision required. Lines people drop to look cheaper: gap and uninsured motorist. The wider menu: Colorado options. The law: how to stay legal.
