One of the most damaging public misconceptions in auto insurance is the idea that “required insurance” must mean meaningful financial protection. It does not. A policy can comply with Colorado law and still be far too small to cover a major injury, a fatality, multiple victims, lost income, long-term treatment, or the real economic consequences of a serious collision.

This page explains why the legal minimum is only a floor, why that distinction matters, and why citizens should never confuse basic compliance with real protection.