Which coverage is mandated by law for all drivers in Colorado?

In Colorado, the law requires all drivers to carry liability insurance, which serves to protect others in the event that you are at fault in an accident. This type of insurance covers the costs associated with damages or injuries caused to another party, including medical expenses, property damage, and legal fees. By mandating liability insurance, the state ensures that drivers can compensate others for harm or loss inflicted, thereby promoting road safety and financial responsibility among motorists.

Other types of coverage, such as collision and comprehensive insurance, are optional and pertain more to the protection of the policyholder's own vehicle against damage or theft. Uninsured motorist coverage, while highly recommended and sometimes required in certain situations, is not mandated for all drivers. Thus, liability insurance is the essential legal requirement for drivers in Colorado, establishing the foundational level of financial accountability on the roads.