COLORADO AUTO INSURANCE DOWN 15%-27% SINCE NO-FAULT ENDED.

From: Liability & Insurance Week | Date: January 5, 2004 | Copyright information

Colorado insurance rates have gone down 15 to 27 per cent since the state switched in July to a tort-based automobile insurance system after having a no-fault system for the past 30 years, an insurance study has found.

The average annual premium for a full policy, which includes required liability coverages as well as optional uninsured motorists, comprehensive and collision coverages, has dropped about 15 per cent, from $1,018 to $869, the study found. ...

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