The cheapest car insurance in Colorado costs $120 per month for a full coverage policy from Geico. That’s a $75 savings from the average cost of insurance in the state, which is $195 a month.
“Drivers looking to get the cheapest insurance premiums in Colorado should maintain continuous coverage and avoid any lapse. When it comes to shopping for a new insurance company, discounts may be applied if the drivers have maintained continuous coverage, which will help lower the annual premium,” says Lauren McKenzie, senior insurance agent, A Plus Insurance.
To help you find the cheapest rates, CarInsurance.com analyzed rates from multiple auto insurance companies in Colorado including Geico, Progressive, State Farm and others, so that you can easily compare car insurance rates.
- Among the companies analyzed by CarInsurance.com, Geico stands out as the cheapest option for full coverage car insurance in Colorado, with an insurance premium of $120 per month.
- Drivers in Colorado with a clean record pay 34% less for premiums compared to those with a DUI.
- The city with the lowest car insurance rates in Colorado is Fruita, with an annual premium of $1,861 .
- Colorado drivers can save up to 38% annually on their auto insurance policy by comparing price quotes from multiple carriers.
Car insurance companies with cheap car insurance in Colorado
Geico offers the cheapest car insurance rates in Colorado for a full coverage policy with an average premium of $120 per month or around $1,445 per year, based on CarInsurance.com’s rate analysis.
A full-coverage auto insurance policy typically includes liability coverage, which is mandated by most states and optional coverages such as comprehensive and collision insurance, which have a deductible.
The table below provides the cheapest full coverage insurance quotes in Colorado. We’ve gathered rates from different insurance companies to help you find the most affordable option.
Cheapest car insurance rates in Colorado per month
| Company | Full Coverage Monthly Rates |
|---|---|
| Geico | $120 |
| Southern Farm Bureau | $148 |
| Kemper Insurance | $157 |
| State Farm | $162 |
| Allstate | $231 |
| Progressive | $233 |
| Auto-Owners | $239 |
| Farmers | $298 |
| Acuity Insurance | $314 |
| USAA* | $130 |
Note: USAA is only available to military community members and their families.
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Colorado drivers who pay lower insurance premiums
Car insurance rates can differ due to various factors, including age, location, driving history, credit score and the type of vehicle you own. Some insurers may offer cheaper rates for certain types of drivers compared to others.
- Married drivers pay 6% less than single drivers.
- Colorado drivers with clean records pay 34% less than drivers who have a DUI on their record.
- Colorado drivers in their 20s pay 52% lower rates for insurance than a 16-year-old in Colorado.
- Adding a teen to your policy will cost you 76% less than having the teen purchase their own auto insurance policy.
- Drivers who are licensed for three or more years pay 22% less on their insurance premiums.
- Drivers insured for three or more years can save up to 20% on their insurance costs.
Cheapest companies for different coverage levels in Colorado
Full coverage car insurance provides comprehensive protection for your vehicle. It typically includes liability coverage, collision coverage and comprehensive coverage, which safeguards against many incidents beyond accidents, such as theft or natural disasters.
In addition to full coverage, there are also liability-only and state minimum policies. Unlike full coverage, liability-only and state minimum policies only cover damage to another driver’s bodily injury and property damage in the event of an accident.
Not all insurers offer the same coverage limits at the same price point. For instance:
- Geico is the cheapest for a state minimum policy.
- Geico has the cheapest rates for a liability-only policy (50/100/50).
- Geico offers the cheapest car insurance for a full coverage policy (100/300/100) in Colorado.
The numbers above (100/300/100) represent coverage of up to $100,000 per person for medical bills with a $300,000 cap per accident, as well as up to $100,000 for property damage.
Cheapest companies for state minimum coverage in Colorado
Colorado requires all drivers to carry a minimum amount of car insurance, known as the state’s minimum coverage requirements. It means that your policy must include at least:
| Minimum Coverage | Minimum Limit |
|---|---|
| Minimum bodily injury liability | $25,000/$50,000 |
| Minimum property damage liability | $15,000 |
Read more about the minimum liability car insurance requirements by state
Below are the average annual rates from major insurance companies in Colorado, ranked from cheapest to the most expensive for the state minimum coverage.
| Company | State Minimum Annual Rates |
|---|---|
| Geico | $227 |
| Southern Farm Bureau | $228 |
| State Farm | $387 |
| Kemper Insurance | $400 |
| Auto-Owners | $400 |
| Progressive | $404 |
| Acuity Insurance | $582 |
| Allstate | $761 |
| Farmers | $824 |
| USAA* | $283 |
Note: USAA is only available to military community members and their families.
Cheapest liability-only coverage in Colorado
Your liability-only coverage will cover the cost of property damage or bodily injury you cause in an accident, up to the policy limits.
In the table below, see the average annual rates from Colorado’s top insurers for liability insurance, ranked from cheapest to most expensive. Coverage limits are $50,000 for bodily injury per person, $100,000 for bodily injury per accident and $50,000 for property damage.
| Company | Liability Only Annual Rates |
|---|---|
| Geico | $347 |
| Southern Farm Bureau | $441 |
| State Farm | $538 |
| Kemper Insurance | $593 |
| Progressive | $675 |
| Auto-Owners | $688 |
| Acuity Insurance | $781 |
| Allstate | $1,062 |
| Farmers | $1,744 |
| USAA* | $427 |
Note: USAA is only available to military community members and their families.
Cheapest car insurance companies in Colorado for full coverage
A full-coverage car insurance policy typically includes comprehensive and collision coverage, offering protection against accidents, theft, vandalism and damage from natural disasters.
Ideally, full coverage means you have insurance that’s appropriate for your income, assets and risk profile. Lenders require full coverage from those who finance their cars.
The following table lists the average annual rates of major insurance companies in Colorado from the cheapest to the most expensive. These rates are for a full coverage policy with limits of $100,000 for bodily injury per person, $300,000 for bodily injury per accident and $100,000 for property damage.
| Company | Full Coverage Annual Rates |
|---|---|
| Geico | $1,445 |
| Southern Farm Bureau | $1,780 |
| Kemper Insurance | $1,878 |
| State Farm | $1,950 |
| Allstate | $2,774 |
| Progressive | $2,796 |
| Auto-Owners | $2,874 |
| Farmers | $3,578 |
| Acuity Insurance | $3,769 |
| USAA* | $1,559 |
Note: USAA is only available to military community members and their families.
Learn more about who has the cheapest full coverage auto insurance
Cheapest car insurance in Colorado by driving history
In Colorado, driving history significantly impacts car insurance costs. Insurance companies use this information to evaluate the risk of insuring a driver. Drivers with clean records pose less risk, leading to lower premiums.
Traffic violations such as speeding tickets, DUIs and at-fault accidents demonstrate risky behavior on the road. Insurance companies view these violations as indicators of higher risk and may charge you higher premiums.
A driver with a history of traffic violations pays $688 more annually in Colorado than an individual with a clean driving record.
Cheap car insurance rates after a speeding ticket in Colorado
If you’ve got a speeding ticket on your Colorado driving record and need affordable car insurance, State Farm might be the answer. With an average annual rate of $1,753 , State Farm offers the cheapest full coverage auto insurance options for drivers with speeding tickets in Colorado.
| Company | Rates Before Speeding | After Speeding (1-29 mph over limit) | % Difference | $ Difference |
|---|---|---|---|---|
| State Farm | $1,633 | $1,753 | 7% | $120 |
| Nationwide | $1,410 | $2,032 | 44% | $621 |
| Geico | $1,310 | $2,241 | 71% | $931 |
| Progressive | $1,895 | $2,426 | 28% | $530 |
| Allstate | $2,213 | $2,438 | 10% | $224 |
| Auto-Owners | $2,199 | $2,547 | 16% | $349 |
| Kemper Insurance | $1,916 | $2,583 | 35% | $667 |
| Farmers | $2,579 | $3,260 | 26% | $681 |
| American Family | $3,348 | $3,732 | 11% | $385 |
| USAA* | $1,269 | $1,574 | 24% | $305 |
Note: USAA is only available to military community members and their families.
Cheapest car insurance premiums in Colorado after a DUI conviction
CarInsurance.com analyzed insurance rates for Colorado drivers with DUI convictions and we found that State Farm provides the cheapest car insurance rates at an average annual premium of $1,753 . Progressive is the second-cheapest insurer at an average of $2,211 per year.
A DUI can significantly impact your car insurance costs. On average, drivers with clean records pay 34% less than drivers with a DUI on their record.
| Company | Rates Before DUI | Rates After a DUI | % Difference | $ Difference |
|---|---|---|---|---|
| State Farm | $1,633 | $1,753 | 7% | $120 |
| Progressive | $1,895 | $2,211 | 17% | $316 |
| Geico | $1,310 | $2,695 | 106% | $1,385 |
| Nationwide | $1,410 | $2,716 | 93% | $1,306 |
| Allstate | $2,213 | $2,899 | 31% | $686 |
| Farmers | $2,579 | $3,456 | 34% | $876 |
| American Family | $3,348 | $3,732 | 11% | $385 |
| Auto-Owners | $2,199 | $3,737 | 70% | $1,538 |
| Kemper Insurance | $1,916 | $4,259 | 122% | $2,343 |
| USAA* | $1,269 | $2,635 | 108% | $1,366 |
Note: USAA is only available to military community members and their families.
Cheap car insurance rates in Colorado after an at-fault accident
State Farm is the cheapest car insurance company for drivers with a history of at-fault accidents with an annual premium of $1,873 .
Nationwide is the second most affordable option, providing full-coverage car insurance with an average annual premium of $2,135 .
If you’re found at fault in an accident, it can significantly raise your insurance premiums. Insurance companies view at-fault incidents as a sign of higher risk, leading to higher costs for coverage.
| Company | Rates Before Accident | Rates After Accident | % Difference | $ Difference |
|---|---|---|---|---|
| State Farm | $1,633 | $1,873 | 15% | $240 |
| Nationwide | $1,410 | $2,135 | 51% | $725 |
| Geico | $1,310 | $2,287 | 75% | $978 |
| Kemper Insurance | $1,916 | $2,634 | 37% | $718 |
| Progressive | $1,895 | $2,889 | 52% | $994 |
| Auto-Owners | $2,199 | $3,158 | 44% | $960 |
| Allstate | $2,213 | $3,334 | 51% | $1,121 |
| Farmers | $2,579 | $3,551 | 38% | $972 |
| American Family | $3,348 | $3,864 | 15% | $517 |
| USAA* | $1,269 | $1,846 | 45% | $577 |
Note: USAA is only available to military community members and their families.
Cheapest car insurance rates by state
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Our apologies, we cannot display the data due to availability or spelling errors. Please check the spelling and try again. For assistance, reach out us via Which cities in Colorado have the lowest auto insurance rates?
Where you live significantly impacts your car insurance cost. Insurance companies consider the number and cost of claims in your area to determine the risk of insuring vehicles. Areas with higher accident risks or theft rates tend to have higher premiums to compensate for the increased risk.
In Colorado, Fruita stands out as the city with the lowest auto insurance rates, at an average of $1,861 per year.
Insurance providers rely on statistical data regarding thefts, collisions and vandalism to analyze the likelihood of such incidents occurring in a particular area. Besides driving history, your car model and age play a significant role in determining your insurance premiums.
Find below a list of Colorado cities with the lowest car insurance rates.
| City | Full Coverage Annual Rates |
|---|---|
| Fruita | $1,861 |
| Redlands | $1,868 |
| Grand Junction | $1,879 |
| Orchard Mesa | $1,884 |
| Clifton | $1,894 |
| Loma | $1,894 |
| Glade Park | $1,906 |
| Mack | $1,936 |
| Whitewater | $1,941 |
| Palisade | $1,942 |
Explore the top 10 factors that influence car insurance rates
How much can you save on car insurance in Colorado?
By comparing car insurance quotes, you can save an average of 38% per year for a full coverage policy in Colorado.
While the actual savings may differ for each person, comparing price quotes before buying a policy can help you find affordable insurance.
Car insurance discounts in Colorado: Save on premiums
Colorado drivers can lower their car insurance costs by taking advantage of discounts. Insurance companies give discounts to drivers who drive safely, have safety features in their cars and bundle insurance policies.
Compare prices and coverage from different insurance companies to get the best deal and discounts for your specific needs.
Below, find common auto insurance discounts available in Colorado.
| Discount Type | % Difference | $ Difference |
|---|---|---|
| Air bags | 2% | $33 |
| Anti-theft device | 2% | $57 |
| Daily commute | 11% | $301 |
| Days advanced purchase | 7% | $183 |
| Education | 25% | $524 |
| Electronic funds transfer | 3% | $83 |
| Electronic signature | 10% | $202 |
| Homeowner | 7% | $166 |
| Lower annual mileage | 5% | $101 |
| Loyalty – years renewal with company | 9% | $219 |
| Marital status | 6% | $132 |
| Multi policy | 9% | $223 |
| Paperless/electornic documents | 4% | $99 |
| Payment type | 10% | $272 |
| Primary use | 11% | $284 |
| Profession | 9% | $189 |
| Safety devices | 3% | $67 |
| Telematics | 9% | $188 |
| Years insured | 19% | $537 |
| Years licensed | 21% | $909 |
The bottom line on cheap car insurance in Colorado
Based on our findings, Geico provides the cheapest rates for a full coverage policy in Colorado if you have a good driving record.
We know that finding the best and cheapest auto insurance coverage is essential, but so is getting the right amount of protection.
The best way to find affordable car insurance in Colorado is to know and understand the coverage you need, compare quotes, apply for discounts and maintain a clean driving record. Even if you have tickets or accidents, it’s still possible that the company will offer you a policy at affordable rates.
Resources & Methodology
Methodology
CarInsurance.com commissioned Quadrant Information Services to field rates in 2023 from all the major insurers in nearly every ZIP code of Colorado for three different coverage levels:
- Full coverage policy with limits 100/300/100, including comprehensive and collision coverage and a $500 deductible.
- Liability-only with limits 50/100/50.
- State-minimum car insurance limits of 25/50/15.
The rates are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a clean driving record and a good credit score. We have compared 53,409,632 car insurance quotes from 75 company groups across 34,588 ZIP Codes.
Violations:
Car insurance rates are calculated by evaluating the sample profile of a 40-year-old driver for a full coverage policy with limits 100/300/100, including comprehensive and collision coverage, and a $500 deductible, with the following incidents applied: clean record, at-fault accident, DUI conviction and speeding ticket.
Discounts:
Car insurance discount rates are for a full coverage policy with limits of 100/300/50 and a $500 comprehensive and collision deductible based on the sample profile of a 40-year-old male driver. To gather the data, our data experts compared 2,677,890 insurance quotes across various ZIP Codes.
The rates are for comparison purposes only and your exact rates may vary.
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Laura Longero
Executive Editor
Laura is an award-winning editor with experience in content and communications covering auto insurance and personal finance. She has written for several media outlets, including the USA Today Network. She most recently worked in the public sector for the Nevada Department of Transportation.
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John McCormick
Editorial Director
John is the editorial director for CarInsurance.com, Insurance.com and Insure.com. Before joining QuinStreet, John was a deputy editor at The Wall Street Journal and had been an editor and reporter at a number of other media outlets where he covered insurance, personal finance, and technology.
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Leslie Kasperowicz
Managing Editor
Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at CarInsurance.com.
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Nupur Gambhir
Managing Editor
Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.
Guide to car insurance (with rates) in cities of Colorado