Colorado employs a tort-based system for auto insurance coverage, not a no-fault system. Which means that within the occasion of a automobile accident, drivers sometimes file claims with the at-fault driver’s insurance coverage firm to cowl bills like medical payments and car repairs. For instance, if Driver A is deemed accountable for a collision with Driver B, Driver B would search compensation from Driver A’s insurance coverage supplier.
This method’s significance lies in its emphasis on establishing legal responsibility. It goals to carry negligent drivers accountable for the implications of their actions, theoretically selling safer driving practices. Traditionally, Colorado has operated below this tort system, although particular legal guidelines and rules have advanced. The state requires minimal legal responsibility protection, however drivers can buy further safety. Understanding these nuances is essential for navigating the authorized and monetary ramifications of automobile accidents throughout the state.
