Find affordable auto insurance that works for you in Colorado. Compare quotes from over 100 top companies.
The average car insurance rate in Colorado is $1,757 per year — 14% more than the national average. Below we assessed Colorado auto insurance premiums by all of the significant rating factors so you could easily compare rates. Read on to see how much car insurance runs in your state — or enter your ZIP code above to receive free personalized quotes from leading insurers so you can ensure you have the best rate.
Compare quotes from over 30 insurance companies in Colorado by entering your ZIP code below.
Drivers with good driving records typically enjoy lower car insurance costs than drivers with histories of speeding tickets, at-fault accidents, or DUI citations. Colorado drivers without a recent at-fault accident save almost 40% on their car insurance, on average, while Colorado drivers without a recent ticket save 17%. These figures are less than the national averages of a 50% savings without an at-fault accident and 25% savings without a speeding ticket. In addition to earning a cheaper premium for driving incident-free, you may qualify for a safe-driving bonus through your car insurance company. The amount of these discounts may vary, but they typically run between 5 and 10%.
|Rating Factor||$ Savings||% Savings|
|No Traffic Tickets||$311||17.7%|
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.
|Age||Annual Average Premium|
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 Factor||Annual Rate||% Increase|
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.
|GEICO||Average||Average||Superior||4.4 / 5|
|Nationwide||Above average||Poor||Superior||4.3 / 5|
|Progressive||Below average||Below average||Excellent||4.3 / 5|
|State Farm||Above average||Above average||Superior||4.5 / 5|
|Travelers||Below average||Below average||Superior||4.3 / 5|
|USAA||Excellent||Excellent||Superior||4.6 / 5|
In Colorado, the state minimum requirement is liability coverage, with limits of:
Optional coverage in Colorado (varies by carrier):
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 $500 deductible, expect to pay 161% more than you might pay for a basic liability-only policy.
If you receive a ticket, your auto insurance costs will probably go up. By how much depends on the violation, your insurer's pricing standards, and differing local insurance risks and regulations. That's why tickets may have a different impact on insurance in your state compared to the national average.
Below is a look at typical auto insurance rates in Colorado after a few common violations.
|Violation||Avg. Annual Auto Insurance Rate||% Insurance Rate Increase||$ Insurance Rate Increase|
|Hit and Run||$2,567||46%||$810|
|Refused Breathalyzer/Chemical Test||$2,358||34%||$601|
|Driving with a Suspended License||$2,434||39%||$677|
|Driving with an Open Container||$2,204||25%||$447|
|Operating a Vehicle Without Permission||$2,166||23%||$409|
|Passing a School Bus||$2,216||26%||$459|
|Following Too Closely||$2,135||22%||$378|
|Failure to Stop at a Red Light||$2,136||22%||$379|
|Driving Wrong Way/Wrong Lane||$2,116||20%||$359|
|Failure to Yield||$2,136||22%||$379|
|Speeding in a School Zone||$2,099||19%||$342|
|Driving Too Slowly||$2,097||19%||$340|
|Driving with Expired Registration||$1,841||5%||$84|
|Failure to Show Documents||$1,841||5%||$84|
|Failure to Use Child Safety Restraint||$1,779||1%||$22|
|Failure to Wear a Seat Belt||$1,759||0%||$2|
|Driving Without Lights||$1,779||1%||$22|
The average cost of car insurance in CO is $878 for a six-month policy. This will set you back $146/month.
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.
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.