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5 reasons why insurance rates are going up in Colorado

Those of us lucky enough to live in the beautiful Centennial State know that the cost of living has been steadily rising the past few years. According to a Forbes article published in October 2018, the required income to live comfortably increased by 35.61% for Colorado Springs and 23.98% for Denver between 2017 and 2018. On a list of 20 cities with the most significant cost of living increase over that year, Colorado Springs came in at #1 and Denver was #16.
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Why does Colorado have so many personal injury commercials?

If you live in Colorado and watch TV or listen to the radio, chances are you have seen or heard a commercial from a personal injury attorney. These are the commercials that talk about hiring a lawyer if you were in a car accident, and frequently give examples of how much they got for their clients: “I called (name of law firm) and they got me $700,000!” Since those commercials seem to be on every 10-15 minutes, if you get in an accident and you are deemed at-fault, there is a strong chance you will find yourself in a legal battle.
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