Cheap Colorado Car Insurance

Find affordable auto insurance that works for you in Colorado. Compare quotes from over 100 top companies.

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Here's what you need to know when driving in Colorado

The average car insurance rate in Colorado is $1,757 per year — 14% more than the national average. Below we assessed Colorado auto insurance premiums by all of the significant rating factors so you could easily compare rates. Read on to see how much car insurance runs in your state — or enter your ZIP code above to receive free personalized quotes from leading insurers so you can ensure you have the best rate.


 

Affordable insurance companies in Colorado

What's the cheapest car insurance in Colorado?
RankCompany NameAvg. Annual Premium
1The Hartford$842
2Auto-Owners$1,180
3Travelers$1,195
4USAA$1,406
5Cal Casualty$1,473
6Allied$1,494
7State Farm$1,531
8Nationwide$1,671
9Colorado Farm Bureau$2,475
10Progressive$2,952

Compare quotes from over 30 insurance companies in Colorado by entering your ZIP code below.

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Cheap auto insurance for good drivers in Colorado

Drivers with good driving records typically enjoy lower car insurance costs than drivers with histories of speeding tickets, at-fault accidents, or DUI citations. Colorado drivers without a recent at-fault accident save almost 40% on their car insurance, on average, while Colorado drivers without a recent ticket save 17%. These figures are less than the national averages of a 50% savings without an at-fault accident and 25% savings without a speeding ticket. In addition to earning a cheaper premium for driving incident-free, you may qualify for a safe-driving bonus through your car insurance company. The amount of these discounts may vary, but they typically run between 5 and 10%.

 

COLORADO CAR INSURANCE AVERAGE SAVINGS FOR GOOD DRIVERS
Rating Factor$ Savings% Savings
No Traffic Tickets$31117.7%
No Accidents$70139.9%
Good Credit$1,01846%

 

Cheap auto insurance for young drivers in Colorado

Young drivers (those between the ages of 16 and 25) pay extraordinarily high auto insurance rates, with those aged 16-19 paying the most expensive premiums of all. Because of the risk presented by inexperienced drivers, teens pay more than three times the national average for car insurance. In Colorado, the typical teen driver pays $5,713 annually — approximately 14% more than the national average for teens, and more than three times more than the average Colorado driver.

 

COLORADO CAR INSURANCE RATES BY AGE GROUP
AgeAnnual Average Premium
16$7,416
17$6,391
18$5,603
19$3,441
20s$2,130

 

 

Cheap auto insurance for bad drivers in Colorado

If you have a clean driving record in Colorado — no at-fault accidents, speeding tickets, DUIs, or other recent citations — you'll probably pay less for car insurance. Conversely, a bad driving record will cause your rates to skyrocket. Similarly, a driver who carries excellent credit can save a significant sum since data trends suggest drivers who maintain solid credit scores are less likely to file claims covered by insurance companies.

Rating FactorAnnual Rate% Increase
At-Fault Accident$2,40441.58%
DUI$2,35938.93%
Speeding Violation$2,06321.50%
Bad Credit$3,22779.90%

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Top rated car insurance companies in Colorado

Every car insurance company brags about its affordable costs. But just like with any product, the cheapest car insurance isn't always the finest choice. Considering the financial stakes, it's worth doing the due diligence to find the policy that protects your car completely in the event of a collision. Find the best value, instead of settling for the cheapest auto insurance available.

Use the table below to better understand the quality of service you'll receive. You'll see reviews for popular auto insurers' financial strength, claims satisfaction, and customer satisfaction including an internal satisfaction score from The Zebra's customers.

Insurance Company

Claims Satisfaction

(J.D. Power)

Customer Satisfaction

(J.D. Power)

Financial Strength

(A.M. Best)

Customer Satisfaction

(The Zebra)

AlliedN/AN/AExcellentN/A
AmicaExcellentExcellentSuperiorN/A
Auto-OwnersExcellentAbove averageSuperiorN/A
GEICOAverageAverageSuperior4.4 / 5
MetLifeExcellentBelow AverageExcellentN/A
NationwideAbove averagePoorSuperior4.3 / 5
ProgressiveBelow averageBelow averageExcellent4.3 / 5
State FarmAbove averageAbove averageSuperior4.5 / 5
TravelersBelow averageBelow averageSuperior4.3 / 5
USAAExcellentExcellentSuperior4.6 / 5

 

Colorado auto insurance laws

In Colorado, the state minimum requirement is liability coverage, with limits of:

  • Bodily Injury $25,000 per person
  • Bodily Injury $50,000 per accident
  • Property Damage $15,000 per accident

Optional coverage in Colorado (varies by carrier):

  • Comprehensive
  • Collision
  • Loan/Lease Payoff
  • Medical and Funeral Services
  • Rental Car Reimbursement
  • Roadside Assistance
  • Uninsured Motorist Bodily Injury
  • Uninsured Motorist Property Damage

For the minimum required coverage in Colorado, be prepared to pay about $673 annually. This is more than the nationwide average by 8%. If you opt for better car insurance coverage, you can select a policy with comprehensive and collision coverage, insuring against the costs of auto collisions, theft, or weather incidents. It's worth noting that better coverage comes at a cost: in Colorado, a comprehensive policy with a $1,000 deductible costs $1,547, 130% more than basic insurance coverage. For comprehensive coverage with a $500 deductible, expect to pay 161% more than you might pay for a basic liability-only policy.

Find out more about Colorado's auto insurance regulations.

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How tickets change insurance rates in Colorado

If you receive a ticket, your auto insurance costs will probably go up. By how much depends on the violation, your insurer's pricing standards, and differing local insurance risks and regulations. That's why tickets may have a different impact on insurance in your state compared to the national average.

Below is a look at typical auto insurance rates in Colorado after a few common violations.

ViolationAvg. Annual Auto Insurance Rate% Insurance Rate Increase$ Insurance Rate Increase
Hit and Run$2,56746%$810
Refused Breathalyzer/Chemical Test$2,35834%$601
DUI$2,35834%$601
Racing$2,53644%$779
Reckless Driving$2,38336%$626
Driving with a Suspended License$2,43439%$677
At-Fault Accident$2,45840%$701
Driving with an Open Container$2,20425%$447
Operating a Vehicle Without Permission$2,16623%$409
Passing a School Bus$2,21626%$459
Improper Passing$2,13922%$382
Following Too Closely$2,13522%$378
Speeding$2,06818%$311
Failure to Stop at a Red Light$2,13622%$379
Illegal Turn$2,13622%$379
Driving Wrong Way/Wrong Lane$2,11620%$359
Failure to Yield$2,13622%$379
Speeding in a School Zone$2,09919%$342
Driving Too Slowly$2,09719%$340
Distracted Driving$2,10120%$344
Driving with Expired Registration$1,8415%$84
Failure to Show Documents$1,8415%$84
Not-at-Fault Accident$1,8043%$47
Failure to Use Child Safety Restraint$1,7791%$22
Failure to Wear a Seat Belt$1,7590%$2
Driving Without Lights$1,7791%$22

 

Colorado Car Insurance FAQs

Who has the cheapest car insurance in Colorado?

The cheapest company will vary based on you and your driving history. Our data shows The Hartford ($421), Auto-Owners ($590) and Travelers ($597) are the most affordable options in Colorado.

What is the average cost of car insurance in Colorado?

The average cost of car insurance in CO is $878 for a six-month policy. This will set you back $146/month.

Why is Colorado car insurance so expensive?

Colorado is 6% cheaper than the national average for car insurance. If you feel you're paying too much for insurance, use our free insurance comparison tool to see competitive rates from GEICO, Progressive, State Farm, and Esurance.

How much does car insurance cost in Colorado cities?

Car insurance companies calculate your rate based on many factors, location of the vehicle being an important one. The cheapest car insurance is found in Fort Collins, Colorado, and the most expensive in Pueblo, Colorado.

RankCityAvg. Annual Premium
1Pueblo$2,183
2Aurora$2,009
3Lakewood$2,008
4Denver$1,949
5Colorado Springs$1,903
6Centennial$1,759
7Arvada$1,742
8Greeley$1,634
9Boulder$1,631
10Longmont$1,587
11Fort Collins$1,536

 

Recent Questions:

If I'm in between apartments, when do I need to change the address on my renters insurance?

For the purpose of complying with your new apartment's landlord, it's best to change the address on your policy before you move in. This will satisfy the insurance requirement for your new place.

How much are landlord insurance policies?

Landlord policies can be actually be more expensive due to the risk of having tenants in the house. I would also make sure that any tenants you take on have their own renters plan that includes liability coverage.

Should I file a claim or pay out of pocket?

Our new State of Insurance data release shows that an At-Fault accident in Colorado will increase rates by roughly 38% annually. Also consider the fact that accidents affect your rate for three years from the date of the occurrence.

If you've been involved in multiple hit-and-runs but never reported them, can you still file a claim?

Technically these are 3 separate incidents and would constitute 3 different claims. The driver that hit you most recently would be responsible for the damage that he caused, but you would be responsible for the damage from the other incidents since there is no one else to hold responsible.

Kristine Lee
Kristine Lee LinkedIn

Kristine is a licensed insurance agent and one of The Zebra’s in-house content strategists. With a background in copywriting, she covers the ins and outs of the home and car insurance industries. She has contributed to numerous publications focused on the nuances of insurance, including Automoblog, USInsuranceAgents.com, and BestCompany.com.