What Is My Neighbor Paying for Their Broadform?
|31, Male, Married, Colorado Springs, CO)|
|Year/Make Model: Broadform|
|Ownership Status: Owned|
|Discounts: Paperless, Automatic card payments, Pay In Full, Proof of Prior|
|Selected Coverages With Bristol West|
|Bodily Injury Liability: $25,000 per person/$50,000 per accident|
|Property Damage Liability: $25,000|
Uninsured Motorist Bodily Injury: N/A
Uninsured Motorist Property Damage: N/A
|Other Rejected Coverages: Underinsured Motorist, Medical Payments, Comprehensive, Collision, Roadside Assistance, Rental Reimbursement|
Broadform insurance is a type of insurance policy that provides coverage for a driver regardless of what vehicle they are operating. In Colorado, there are several insurance companies that offer broadform insurance policies. However, it’s important to note that this type of insurance policy is not offered by all insurance companies, and it may not be the best option for everyone.
One thing to consider when looking for broadform insurance in Colorado is the level of coverage that you need. Because this type of policy only covers the driver and not a specific vehicle, it typically provides lower limits of liability coverage than a traditional auto insurance policy. This means that if you are involved in an accident and the damages exceed your coverage limits, you may be personally responsible for paying the difference.
Another thing to consider is the cost of broadform insurance. Because it provides less coverage than a traditional policy, it is often less expensive. However, the cost can vary depending on factors such as your driving record, age, and the insurance company you choose.
If you are considering purchasing broadform insurance in Colorado, it’s important to do your research and compare quotes from multiple insurance companies. You may also want to consider speaking with an insurance agent or broker who can help you understand your options and choose the best policy for your needs.
Please note that this is only meant as an example and prices may vary depending on several factors.
Total 6 Month Premium: $396.00
Monthly Installments: $67.86