A Guide to Colorado Motorcycle Insurance Requirements

In Colorado, motorcycle insurance is a must-have for all riders. To operate a motorcycle in the state, you must have a valid insurance policy that meets the minimum requirements.

Colorado law requires that all motorcycle insurance policies have a minimum liability coverage of $25,000 per person and $50,000 per accident for bodily injury. This is to ensure that you can cover the costs of damages or injuries in the event of an accident.

Motorcycle insurance policies can also include additional coverage options such as collision, comprehensive, and uninsured motorist coverage. These can help protect you financially in the event of a crash or if you're involved in an accident with someone who doesn't have insurance.

If you're caught operating a motorcycle without insurance, you could face fines and penalties.

For your interest: How Much Is Motorcycle Insurance in Colorado

Colorado has specific requirements for minimum insurance coverage for motorcycles. You'll need to carry liability insurance that covers damages to others in an accident.

The minimum amount of liability insurance in Colorado is $25,000 per person for bodily injury, $50,000 per accident for bodily injury, and $15,000 for property damage. This is the same as the requirements for car insurance in the state.

If you're caught driving without proof of at least this liability insurance, you could face significant penalties, including fines and license suspension. A first-time offender might face a $500 fine, 4 points off their license, and a possible suspended license.

Colorado law requires liability insurance to cover bodily injury or death to any one person in an accident ($25,000), bodily injury or death to all persons in any one accident ($50,000), and property damage in any one accident ($15,000).

Here are the minimum requirements for motorcycle insurance in Colorado:

Liability insurance covers damages to another person resulting from an accident that you cause, and it's mandatory in Colorado.

The average cost of motorcycle insurance in Colorado is a significant consideration when selecting a policy.

To get the best deal, it's essential to shop around and compare quotes from different insurance companies.

If you're an 18-year-old rider, be prepared for higher premiums - on average, it's around $1,000 more per year compared to older riders.

However, some insurance companies offer cheaper rates for young riders, so it's worth exploring these options.

When evaluating insurance companies, consider the "Best Motorcycle Insurance Companies" and look for reviews and ratings to ensure you're getting a reliable policy.

If you already have a car insurance policy, you might want to check out the "Best Car and Motorcycle Insurance Bundles" for potential savings.

A fresh viewpoint: Health Insurance Companies Colorado

In Colorado, Dairyland has the cheapest motorcycle insurance, with an average cost of $20 per month, which is 39% cheaper than the state average.

The average cost of motorcycle insurance in Colorado is $34 per month, or $402 per year. This makes it essential to shop around and compare quotes from different insurance companies to find the best rate for your needs.

To give you a better idea, here are some key facts about motorcycle insurance costs in Colorado:

You can also decrease the cost of motorcycle insurance in Colorado with discounts, such as a multi-policy discount, association discount, or responsible driver discount.

Denver is the most expensive city in Colorado for insuring a motorcycle, with an average price of $39 per month, which is 18% higher than the state average.

Durango is the cheapest large city in the state for motorcycle insurance, at $28 per month.

Motorcycle insurance rates can vary significantly from place to place in Colorado, often due to differences in traffic and road conditions.

Arvada has a monthly motorcycle insurance cost of $38, which is 13% higher than the state average.

Aurora is another city in the Denver metropolitan area with relatively high motorcycle insurance costs, averaging $36 per month.

Boulder stands out as a city with lower motorcycle insurance costs, with an average monthly cost of $32, which is 5% lower than the state average.

Brighton has a monthly motorcycle insurance cost of $33, which is 2% lower than the state average.

Broomfield's motorcycle insurance costs are average, at $34 per month, which is the same as the state average.

Curious to learn more? Check out: How to Lower Motorcycle Insurance

In Colorado, nine out of the 10 cities with the highest motorcycle insurance rates are located in the Denver metropolitan area.

Here are the top 5 cities with the highest motorcycle insurance rates in Colorado, along with their monthly costs and the percentage difference from the state average:

Progressive offers some great features for motorcycle riders. It's the best option for most people in Colorado due to its competitive rates.

Progressive's rates are indeed cheaper-than-average. For an average of $27 per month in Colorado, you can get liability coverage for bodily injury and property damage, plus comprehensive and collision.

The company also offers a range of rider-specific discounts and protections. This includes expanded parts coverage for custom additions, OEM parts coverage, and replacement cost coverage.

Progressive's customer service is reliable, and it scores slightly better than average in terms of customer experience. This suggests that its customers are generally satisfied with their service.

Here are some of the additional coverages offered by Progressive:

In Colorado, the annual cost for a Progressive motorcycle insurance policy with liability coverage only was $161.81 in 2023.

One in three insured motorcycle riders choose Progressive, which offers dependable and customized coverage at an affordable cost.

You can expect to pay a lower premium if you have a good driving history, live in a safe location, or choose a different type of bike.

For example, in Colorado, you can decrease the cost of motorcycle insurance with discounts such as the multi-policy discount, association discount, motorcycle license/endorsement discount, responsible driver discount, and safe and steady rider discount.

Here are some motorcycle insurance discounts you can consider: