Hit & Run Coverage: What You Need To Know

There is a lot you need to know about hit and run coverage. Colorado requires you to maintain a minimum level of auto insurance. However, there is additional coverage that you will want to consider so that you can reduce what you would have to pay out-of-pocket if you are involved in any kind of hit and run.

Collision coverage may be required of you, regardless. If you have a lien holder for an auto loan or a lease, they may require collision coverage of a certain level. Regardless of fault, this will help you to get the car repairs necessary so that you can get your car back on the road.

Medical payments coverage protection is going to provide medical bill coverage regardless of fault. This will include protection for you and your passengers for medical bills, lost wages, as well as child care services if you are currently unable to care for your children because of injuries.

Uninsured motorist coverage will provide property damage and bodily injury coverage. Since the other party didn’t stop to provide you with insurance, it’s as if they don’t have insurance – and therefore you will want this coverage to minimize how much you would otherwise pay out-of-pocket.

Finally, you will want to look at medical payments coverage as well. This can help to pay for all of the medical bills that you and your passengers may encounter after being involved in a hit-and-run. Even if everyone has health insurance, the medical bills can be very high and depending upon the extent of injuries, it could be enough to bankrupt you.

It’s important to have auto insurance that you can rely on. Contact one of our agents at Front Range Insurance Services today where we can work with you on a customized policy to help you enjoy peace of mind.