Car Titles and Liability for New Drivers in ColoradoRequest Free Consultation
Congratulations on getting your driver’s license! It’s an exciting time for new drivers, but it’s important to understand the responsibilities that come with owning a car in Colorado. One of the most important things to understand is the car title and how it relates to your liability as a driver. Reach out to a Denver car accident lawyer.
What is a Car Title?
A car title is a legal document that proves ownership of a vehicle. When you buy a car, you must transfer the title into your name. This process is called titling, and it involves filling out a few forms and paying a fee. In Colorado, you must transfer the title within 30 days of buying the car. If you’re buying a car from a dealership, they will typically handle the titling process for you.
Liability as a New Driver in Colorado
As a new driver in Colorado, you are responsible for any accidents or damage you cause while driving. If you’re at fault in an accident, you may be liable for the other driver’s medical bills, property damage, and other costs. Liability insurance can help cover these costs, but it’s important to understand that the minimum required liability insurance in Colorado may not be enough to cover all expenses in a serious accident.
Liability insurance is typically divided into two categories: bodily injury liability and property damage liability. Bodily injury liability covers the other driver’s medical bills and other costs if you’re at fault in an accident. Property damage liability covers the cost of repairing or replacing the other driver’s vehicle or property.
It’s important to shop around for liability insurance and compare quotes from different insurance companies. Be sure to read the policy carefully and ask questions if you’re not sure about something. Remember that liability insurance only covers damage you cause to other people and their property, not damage to your own car. To protect yourself and damage to your property, you should talk with your insurance company about comprehensive collision coverage and uninsured motorist coverage. Medical Payments coverage can help cover injuries and medical expenses resulting from an accident. It is critical to review and understand the coverage provided by your auto insurance policy to know what is covered and what is not.
Who Should Be on the Title?
So, who SHOULD be on the car title? When you get down to the nitty-gritty, whoever is ready to be held accountable in the case of a car accident should be on the title. Afterall, a car title demonstrates proof of ownership and responsibility!
Even if you abide by the rules of the road and take every precaution to drive safely, you cannot control the actions of others. If you have been injured by the negligence of another, our Denver personal injury lawyers at Fuicelli & Lee have the knowledge and experience to obtain the justice and compensation you deserve. Contact us today at (303) 355-7202 to discuss your case for free.