Colorado · The deductible is what you pay first
Collision and comprehensive each have their own deductible. Liability does not have one, because liability pays other people.
Colorado’s auto floor is $25,000 per person and $50,000 per accident for bodily injury, and $15,000 for property damage. That floor has no deductible you choose. It pays the other party, up to the limit. Collision is a crash involving your car. Comprehensive is theft, hail, flood to the car, vandalism, and many animal strikes. If you carry either one, the declarations print a dollar amount you pay before the insurer pays the rest of a covered loss. A $1,000 deductible on a $4,000 covered repair means the insurer’s share is $3,000. That is example math, not a quote. A higher deductible usually lowers the premium. There is no fixed percent. If you cannot write the check the day of the claim, the lower premium was not a saving.
The Colorado floor: how drivers stay legal and Colorado car insurance options. What comprehensive actually is: comprehensive coverage. Registration checks liability, not the deductible: insurance to register a car. If you are replacing the policy, bind the new one before you cancel: canceling Colorado car insurance. Shopping without a thinner policy: how not to overpay. The state hub: Colorado.
