Michael Conway, Colorado Insurance Commissioner, said in a press release from Gov. Jared Polis that the state is reviewing options to lower auto insurance costs and increase coverage rates for Coloradans.
“We know that many Coloradans are struggling with the cost of auto insurance, and high costs contribute to our uninsured motorist rate,” said Conway. “We are looking at all possible solutions to bring costs down and our insured rate up.”
According to the state’s “Roadmap to Reduce Auto Insurance Premiums,” released alongside Governor Polis’ action plan on November 6, 2025, premium relief is centered around public safety and cost factors such as crash reduction, auto-theft enforcement, reducing uninsured driving, repair-cost oversight, and weather impacts. The roadmap also includes consumer-oriented measures like an auto insurance toolkit and resources designed to help drivers compare coverage options and find savings while broader reforms are implemented statewide.
Colorado has been grappling with a significant issue of uninsured drivers due to affordability challenges. Colorado Public Radio reported estimates ranking Colorado among the worst states nationally, with approximately 17.5% of drivers uninsured at the time of reporting. Experts attribute higher premiums to more individuals dropping coverage, which creates additional claim costs that can further influence pricing. This situation underscores efforts aimed at both lowering premiums and increasing insurance participation.
Nationally, the Insurance Research Council (IRC) has documented increases in uninsured motorist rates since 2020, with continued annual rises noted in its reports. The IRC highlights considerable variation in uninsured motorist prevalence across states and employs claim-based measures to estimate uninsured driving. Colorado’s policy focus on boosting insured rates aligns with this national trend of heightened uninsured-driving risk and its impact on losses and premiums.
Conway leads the Colorado Division of Insurance as the state’s Insurance Commissioner, overseeing regulation across various lines including auto, homeowners, health, and other coverage markets. Industry and consumer stakeholders engage with the division through licensing oversight, market conduct expectations, and consumer assistance functions.
