Consumer Resources for Colorado Insurance
Insurance News
Welcome Colorado consumers. We understand the concerns that you have trying to
get insurance when you have had a few tickets or accidents or even some credit
problems that may put you and your family in need of a State Mandated Insurance
Plan to secure insurance coverage
This website will help you locate the appropriate insurance that you need regardless of what insurance record you have had. Colorado Certified Producer Agents are available to help you.
Sponsored Resources
CO Executive Resources
Attorney General's Office
1525 Sherman Street, 5th Floor
Denver, CO 80203
Phone: 303-866-4500
FAX: 303-866-5691
Email:
attorney.general@state.co.us
Department of Education
201 East Colfax Avenue, Room 500
Denver, CO 80203
Phone: 303-866-6646
FAX: 303-830-0793
Email: moloney_w@cde.state.co.us
Governor's Office
136 State Capitol
Denver, CO 80203-1792
Phone: 303-866-2471
FAX: 303-866-2003
Email: governorowens@state.co.us
Lieutenant
Governor's Office
130 State Capitol
Denver, CO 80203
Phone: 303-866-2087
FAX: 303-866-5469
Email:
LtGovernornorton@state.co.us
Secretary of State's Office
1700 Broadway
Denver, CO 80290
Phone: 303-894-2200
FAX: 303-869-4860
Email: elections@sos.state.co.us
Treasurer's Office
140 State Capitol
Denver, CO 80203
Phone: 303-866-2441
FAX: 303-866-2123
Email: Mark.Hillman@state.co.us
Legislative Resources
Legislative Council
Room 029
State Capitol Building
Denver, CO 80203
Phone: 303-866-3521
FAX: 303-866-3855
State House of Representatives
Colorado State Capitol
200 East Colfax
Denver, CO 80203
Phone: 303-866-2904
State Legislature Home Page
State Senate
Colorado State Capitol
200 East Colfax
Denver, CO 80203
Phone: 303-866-2316
Voting Record and Bill Status Information
Judicial Resources
Judicial Branch
Home Page
State
Court of Appeals
2 East 14th Avenue
Fourth Floor
Denver, CO 80203
Phone: 303-837-3785
State
Supreme Court
2 East 14th Avenue
Fourth Floor
Denver, CO 80203
Phone: 303-837-3790
Election Resources
Elections Center
Suite 200
1700 Broadway
Denver, CO 80202-5169
Phone: 303-894-2200
FAX: 330-869-4861
Email: elections@sos.state.co.us
Local Election Offices
Secretary of State - Campaign Finance
Suite 200
1700 Broadway
Denver, CO 80202-5169
Phone: 303-894-2200
FAX: 330-869-4861
Email: elections@sos.state.co.us
COAIP ARAIP-PAIP-CAIP-AIP Assigned Risk or High Risk automobile residual insurance markets consists of licensed drivers unable to purchase automobile insurance through the Voluntary Market due to a variety of factors, such as their driving history, accident history or status as a first-time driver. The CO Car Insurance Assigned Risk or CO High Risk Automobile Insurance often charges higher rates in your state, and is a last resort for licensed drivers that cannot obtain car insurance coverage elsewhere in the Colorado preferred or voluntary automobile insurance marketplace. To combat soaring insurance prices experts recommend educating yourself and then obtain Colorado Car Insurance quotes from at least two sources.
Why would my Colorado auto insurer cancel my policy?
Technically, in most states your insurer may cancel your policy only if:
you fail to pay your premium;
you lose your driver's license;
you are guilty of material misrepresentation during the application process
i.e., you fail to notify your insurer of a recorded violation, such as a drunken
driving, or possession of drugs or any illegal activity offense; or
you fail to report a substantial change of risk, such as buying a new high
performance sports car to replace an old high mileage family sedan.
However, your insurer can choose not to renew your policy for a variety of
reasons.
Do you have a bad driving record? Have you received a lot of speeding tickets?
Have you ever been caught driving drunk? Not only are these scenarios considered
unsafe and illegal, they are justifiable cause for your insurer to label you a
bad risk and refuse to renew your policy. Some underwriters may feel compelled
to cancel policies after only one accident.
Where do you live? Has the neighborhood changed in the last few years? Have the
accident or crime rates risen noticeably? As regions are reassessed
periodically, their status could change and you could suddenly find yourself
living in a higher risk area, where your insurer's rates may not be adequate to
cover losses.
What do I do if my CO insurance Company cancels or refuses to renew my
policy?
Even "good" drivers can find themselves in the position of being dropped by
their current carrier. Reasons range from a couple of moving violations, or
multiple accidents, or other serious violations that make you a high risk to
situations outside your control, such as when insurers in your state are
suffering severe business losses. Overall rises in claims or losses can cause
insurers to become highly selective in determining whom they can afford to offer
to insure.
That is why it is important to note that if you are licensed to drive, by law,
you are eligible for insurance. However, your options for new coverage may be
limited. Each state has created and regulates a market of last resort for those
who cannot otherwise obtain coverage. These groups have various names, depending
on the state you live in, such as assigned risk automobile insurance plans or
the residual market, or the high risk pool. Your agent or insurance producer
will know more about the particulars in your state.
Regardless of the reason you were dropped or canceled by your insurer, you need
to act immediately to get another policy. Under no circumstance should you drive
your vehicle without knowing one hundred percent that you have current
insurance. Call your local agent to help you find new coverage. If you do find
yourself in the assigned risk residual market pool, the price may be higher but
it may be your only alternative in maintaining your freedom to drive.
How do I keep my CO insurance company from canceling my policy?
The most obvious way to maintain your low risk status is to keep a clean
Colorado DMV driving record. If you've been in an accident, consider taking a
defensive driving course. Even those of us who have been driving for years
rarely know the simple tricks to preventing accidents through defensive driving.
Also, look into purchasing special safety and security features for your car,
such as anti-lock brakes and an alarm system, or try OnStar. Your COAIP
insurance agent can give you further tips on how to convince your insurer you're
a safe driver.
What steps can I take to reduce my CO Car Insurance rates?
Colorado Insurers often discount their rates in order to encourage good driving
practices and the use of safety and security precautions. Depending on the
insurance company, you can often lower your rates from 5 to 55 percent.
Sometimes the investment you make in your vehicle is worth the discount, and
sometimes it's simply worth some peace of mind. For example, the purchase of
anti-lock brakes merits a discount from nearly every insurer, but the discount
probably will not pay for the brakes which cost several hundred dollars during
the normal life of your vehicle. Anti-lock brakes are touted, nonetheless, as a
life-saving feature and deserves serious consideration when safety is a top
priority. Insurers generally offer discounts for:
Safety Features Anti-lock brakes, air bags and passive restraint systems i.e.,
automatic seat belts.
Defensive Driving Clean violation record, driver's education courses for
teenagers and defensive driving or accident prevention courses for adults
insurance discounts for the latter are required in some states.
Security Systems Alarms, electronic locks, VIN etching and automotive disabling
devices.
Changing The Driving Habits Try commuting by public transit, using a company
vehicle for work-related travel and car-pooling.
Formal Agreements Not to Drink and Drive The availability of a discount for
signing such an agreement varies among insurers and states, however is a
powerful idea that works.
Buying Home Owners and Auto Policies from the Same Company If you own a home and
an automobile and you are insured by two different companies, check into the
cost of carrying both policies by one insurer. Your agent can give you guidance
as to which insurers offer discounts. This will always offer your the best buy,
so put it in your corner when shopping for rates
You can also lower your insurance rates by requesting higher deductibles, which
is the amount of money you pay out of pocket before you make a claim. Increasing
your deductibles on collision and comprehensive coverage from $100 to $250, or
even $500, will bring your rates down. Moreover, you may not need collision and
comprehensive coverage if you drive an older car. Ask your agent which discounts
are available to you.
Finding the best coverage and lowest prices for Automobile insurance in
Colorado is not that difficult to shop for. Rates vary widely from company to
company. To help make shopping, comparing rates and saving money on your
insurance easier, Assigned Risk Auto Organization provides free auto insurance
comparison rates 24 hours a day, seven days a week. Get competitive non biased
help with Receive a quote from our consumer comparison rating service any time
day or night, over the Internet. Spend a couple of minutes answering a few
questions about yourself, your driving record, vehicle information and insurance
needs. Local Assigned Risk Insurance Agents will tell you how much their company
would charge you for an annual premium for your automobile insurance, in
addition to rate comparisons from other major auto insurers including most
household name brand insurance companies in your specific zip code.
Getting yourself out of the high or assigned risk driver pool category is going
to take a little time. You may need to consider the following, cleaning up a bad
driving record and paying your bills on time. And some factors will fade with
time. Most insurance companies rate a driver with no points for three years as a
good or preferred risk. But there are a few things you can do to cut high risk
auto insurance costs now! Consider driving an older car and dropping collision
and comprehensive coverages. Or, if you can accept the risk, carry lower amounts
of other standard coverages.
And don't forget that shopping online is a great way to access assigned risk
automobile insurance PAIP certified producers and companies that serve Local
Consumers in our area. You may even be able to comparison shop between several
offers. If you get a FREE QUOTE from each of the national quoting services you
will have the best service from someone Local in your area.
Disclaimer & Legal Jargon WE ARE NOT ACTING AS
AN INSURANCE CARRIER, AGENT NOR BROKER.