In both the old PIP and the new tort systems in Colorado, comprehensive, collision, and uninsured / underinsured motorist coverage were / are
all optional for policy holders.
Not exact matches
Uninsured motorist coverage is required in some states, and
optional in most others, and pays
for injuries to the
policy holder and his or her passengers, and in certain cases
for damage to property.
Other than those main benefits mentioned above, any policyholder of this premium
policy will gain some
optional benefits as in, Rider benefits: ● LIC benefit under the claim
for accidental death of the premium
holder or even the disability after the accident.
Optional coverage like full coverage and collision are required if a
policy holder is to get claim payments
for insurance companies to offset their losses.