Colorado § 10-4-621 Required coverages are minimum

Colorado Statutes

§ 10-4-621 — Required coverages are minimum

Colorado § 10-4-621

Title 10Insurance

Art.Property and Casualty Insurance

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Bluebook

Colo. Rev. Stat. § 10-4-621 (2026).

Text

(1)Nothing in this part 6 shall be construed to prohibit the issuance of policies providing coverages more extensive than the minimum coverage required by section 10-4-620, nor to require the segregation of such minimum coverage from other coverages in the same policy. However, loss statistics as to bodily injury liability and property damage liability shall be kept separately for rating purposes, and such statistics shall be filed with the commissioner each year.

(2)On and after January 1, 2005, all insurers shall offer collision coverage for damage to insured motor vehicles subject to deductibles of one hundred dollars and two hundred fifty dollars. Insurers may offer such other reasonable deductibles as they deem appropriate. Collision coverage shall provide insurance withou

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(1) Nothing in this part 6 shall
be construed to prohibit the issuance of policies providing coverages more
extensive than the minimum coverage required by section 10-4-620, nor to require
the segregation of such minimum coverage from other coverages in the same
policy. However, loss statistics as to bodily injury liability and property damage
liability shall be kept separately for rating purposes, and such statistics shall be
filed with the commissioner each year.

(2) On and after January 1, 2005, all insurers shall offer collision coverage for
damage to insured motor vehicles subject to deductibles of one hundred dollars
and two hundred fifty dollars. Insurers may offer such other reasonable deductibles
as they deem appropriate. Collision coverage shall provide insurance without
regard to fault against accidental property damage to the insured motor vehicle
with another motor vehicle or motor vehicle caused by physical contact of the
insured with another object or by upset of the insured motor vehicle, if the accident
occurs within the United States or its territories or possessions.

(3) No insurer may surcharge, refuse to write, cancel, or nonrenew a
complying policy of automobile insurance based solely on the method of
compliance or level of coverage chosen, as long as the requirements are met under
section 42-3-105 (1)(d)(I) or (1)(f), C.R.S.

Legislative History

Source: L. 2003: Entire section added, p. 1561, � 3, effective July 1. L. 2004: (2) amended, p. 173, � 1, effective January 1, 2005. L. 2006: (3) amended, p. 1491, � 14, effective June 1.