In these times, caution is advised

We all know too well the economic conditions. What we don’t need is for our legislators to favor the special interests at our expense. We know from past legislative sessions that the special interests too often have their way. Trial lawyers, the big hospitals and a variety of non-traditional treatment providers have had their pet projects passed, just to name a few.

And now the special interests are back. They are pushing for a return to the old, expensive days of "no fault" auto insurance, through HB1226.

The Rocky Mountain News said:
http://www.rockymountainnews.com/news/2009/feb/04/bills-push-major-insurance-reforms/

And the Denver Business Journal weighed in with this story:
http://denver.bizjournals.com/denver/stories/2009/02/02/daily8.html

More than 4,000 of us told the legislature last year that we didn’t want added medical coverage to be forced onto our auto insurance. The legislators listened, but not as closely as we would have liked. They passed SB11 and consumers now have more medical coverage automatically added to our car insurance. We can opt out, but we have to tell our agent or auto insurer that we don’t want the coverage.

Here is what a prominent newspaper columnist had to say about his experience:
http://www.rockymountainnews.com/news/2009/jan/15/blake-check-insurance-bill-closely/

In these times you want your insurance company to be there to pay your claim. You might wonder about the financial strength of Colorado insurers, that is, their ability to pay claims. Did you know that each insurer in the state is REQUIRED to show it has adequate money readily available (not sunk in real estate or long-term investments) to pay claims? Learn more, click here:
http://www.rmiia.org/Industry/Insurance_%20Consumer_Protection.html

We will be monitoring the Colorado legislature, and we will use this space to make you aware of new schemes and plans that come to light. We don’t want for your auto insurance to cost you a nickel more than it should.