NEWS BRIEF
Colorado Auto Theft Prevention Authority Announces Law Enforcement Grants
The Colorado Auto Theft Prevention Authority (CATPA) this week announced eight grant awards totaling nearly $2 million to target and combat auto theft statewide. The grant recipients include funding for seven multi-jurisdictional auto theft task forces made-up of 34 law enforcement agencies from across the state. More...
Colorado's Wild Week of Severe Weather Carries a $161.1 Million Price Tag
The preliminary tally for damage to property and vehicles is estimated at $161.1 million from approximately 34,000 insurance claims. Most of the damage stems from the widespread hail—battering cars and homes—adding up to nearly 21,000 auto claims and 13,000 homeowner claims. More...
Colorado Auto Insurance Consumer Poll
Colorado Consumer Survey: Drivers Reject Medical Mandates
Four years ago Colorado stopped requiring drivers to buy additional medical coverage on car insurance. During that time RMIIA has monitored the impact on auto rates and consumer attitudes.
In a May 2007 statewide poll conducted by Talmey-Drake Research, 73% of Colorado consumers overwhelming rejected a return to additional auto insurance medical mandates.
Details on specific dollar amounts:
- 77% said “no” to requiring $50,000 extra medical coverage to car insurance policies.
- 69% said “no” to requiring $5,000 extra medical coverage to car insurance policies.
- The above numbers reflect the 68% of Colorado drivers who currently choose not to buy extra medical coverage available to them under their car insurance.
- For the 32% of Coloradans who do purchase medical payments coverage, the most common amount by far is $5,000 (42 %), which is the most common amount purchased by consumers nationally.
How Medical Bills are Paid After an Auto Accident
When you buy auto insurance you need to think about what actually happens when you're in an accident and need to use it...
Updated:
February 28, 2007 1:52 PM
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