Key Highlights
  • The average car insurance cost in Colorado is $162 per month or $1,948 a year for a full coverage policy.
  • Geico & State Farm have the cheapest auto insurance in Colorado for state minimum policy.
  • Allstate & USSA are the top carriers in Colorado ranked for best customer service.
  • Driving without registration is a class B traffic infraction, which has a $15 minimum penalty and a $100 maximum penalty in Colorado.

How much is average car insurance in Colorado, CO?

The average car insurance rate in Colorado is $553 a year. That’s just about $20 less than the nationwide average ($574), making it one of the least expensive states for auto coverage. Here are average car insurance rates for common policy amounts for drivers in Colorado:

  • State minimum liability: $46 monthly, $553 yearly
  • 50/100/50: $50 monthly, $604 yearly
  • 100/300/100 with comprehensive and collision, $500 deductible: $162 monthly, $1, 948 yearly

Colorado car insurance requirements

In Colorado, state laws require that you have minimum liability coverage limits of 25/50/15. That means your policy will pay $25,000 for medical costs to those you injure in an accident, up to $50,000 per accident, and $15,000 for damage you cause to other cars and property. Your state minimum liability insurance, outlined below, does not pay for damage to your car.

Minimum CoverageMinimum Limit
Minimum bodily injury liability$25,000/$50,000
Minimum property damage liability$15,000

Car Insurance in CO by ZIP Code – Average Rates


Colorado Car Insurance Rates by ZIP Code

Coverage Types
*Please enter valid Zip
State Minimum: Required liability coverage to drive legally in your state; some states mandate additional coverage, such as personal injury protection, uninsured motorist, underinsured motorist. Liability Only 50/100/50: $50,000 per person/$100,000 maximum per accident for bodily injury; $50,000 for property damage. Liability pays for injuries/damage you cause others. Full Coverage 100/300/100: $100,000 per person/$300,000 maximum per accident for bodily injury; $100,000 for property damage; comprehensive and collision coverage with $500 deductible. Liability pays for injuries/damage you cause others. Comprehensive and collision pay for damage to your car.
80111, Centennial,  For 30 Year Old  Male  (Type:  Liability - Minimum )
Average Monthly Premium
Highest Rate
Lowest Rate
Compare personalized quotes from up to 20 companies in Colorado now

Colorado’s highest and lowest state car insurance rates are found along the Interstate 25 corridor — as is just about everything in Colorado. Drivers in Black Forest pay dramatically more than those in Fort Collins, 125 miles north. You can see how nearly every ZIP in the state compares below. Enter your ZIP code, gender, age and choose from among three coverage levels to see the average car insurance rate for your neighborhood, as well as the highest and lowest rate fielded from up to six major carriers. The difference between the highest and lowest rate is what you can potentially save by comparing car insurance quotes.

Many factors affect how much you pay for car insurance and where you live is chief among them. Insurance companies consider the cost and frequency of claims in your neighborhood when calculating your rate, and then adjust it based on other factors such as your age, your driving record, your credit and the type of car you drive. Each insurer uses its own formula. That’s why the cost for the same policy can vary significantly among insurance companies — and why you should compare rates.

Best car insurance in Colorado’s customer review survey asked policyholders about their company’s claims handling, customer service, price and mobile apps/website usefulness. A weighted score on these metrics was applied to each company to rank major carriers.

1CSAA Insurance Group89.13
4American Family85.91
5Auto Club of Southern California (Auto Club Enterprise Insurance Group)85.72
7Liberty Mutual84.21
10State Farm83.39
18The General69.81

Cheap car insurance quotes in CO

Geico had the cheapest quotes for Colorado drivers, based on’s data analysis of up to six major carriers in every ZIP code of the state. State Farm was second for cheap rates, just about $90 more than Geico for state minimum and standard liability coverage, and $184 more for full coverage. After that the gap increases – Progressive, ranking third, is around $330 more than Geico for minimum and standard liability and about $625 more for full coverage.

Below you’ll see average annual rates for Colorado, ranked cheapest to most expensive, for three coverage levels:

  • State minimum liability requirements
  • Liability limits of $50,000 per person/$100,000 per accident and $50,000 property damage
  • Liability of $100,000 per person/$300,000 per accident and $100,000 property damage, with comprehensive and collision at $500 deductible
CompanyState minimum50/100/50100/300/100
State Farm$407$474$1,629

As you can see, rates vary quite a bit, which is why it pays to compare car insurance quotes at least once a year. Based on the rates above, for example, if you bought a Nationwide policy for $700 without shopping around, you’d pay almost twice as much you should for the exact same policy. Note that these are averages — your rate will depend on your own driver profile and how that’s reviewed by your insurer.

Who has the cheapest car insurance in Colorado?

The cheapest car insurance companies in Colorado for drivers with recent accident claims are State Farm and Geico, among major carriers analyzed by Geico had the lowest rates for drivers with speeding tickets, for those adding a teen driver to their policy and for drivers with bad credit.

Filing an accident claim, getting a speeding ticket, adding a teen driver to your policy or having bad credit are all scenarios that will likely increase your car insurance rates. However, how much more you pay depends on several factors, and your car insurance company is one of those significant factors. Each company assesses risk differently, so that’s why the increase will vary among insurers. In Colorado, you can save the following amounts, on average, by comparing rates, based on our analysis:

  • $2,000 after an accident
  • $1,185 after speeding citation
  • $2,500 after adding teen driver
  • $2,370 if have bad credit

Expert’s Recommendation : Getting Best cheap car insurance in CO (Colorado)

Finding cheap car insurance is relatively straight-forward — you compare quotes for the same amount of coverage and pick the company with the cheapest rates. Finding the best car insurance companies for your particular needs is also fairly simple. You research companies to see how well they match up to what’s most important to you. For instance, those that have excellent customer service, offer the most discounts for your driver profile and that offer services you want, which could include things like roadside assistance, mobile apps or the option of a usage-based policy. Deciding which company has the best cheap car insurance for you just involves mixing these processes together. Here’s how:

  • Read customer reviews to see which companies have great customer service
  • Check their discount offerings to see how many you qualify for
  • Review the types of services they have to be sure what you want is offered, for instance roadside assistance, or rental car reimbursement or mobile apps
  • Check to see if they offer the type of coverages you want, for example, vanishing deductibles or accident forgiveness, usage-based car insurance, motorcycle or boat coverage so you can get a bundle discount
  • Once you have a list of contenders, you’ll typically see that they vary a bit in regard to what services or discounts they offer, so make a note of that
  • Then compare rates for the same amount of coverage and see which one is the most affordable

It may be that even after vetting carriers for what’s important to you, the one with the cheapest rates might not be the best fit if, say, it has lower customer satisfaction ratings than another or has fewer of the services you value most. So, then, you really have to use your judgment on which company has the best-suited service for you for the price.

To help you get started, here is how top carriers in Colorado ranked on customer service:

Best for customer service

  1. Allstate
  2. USAA
  3. CSAA Insurance Group
  4. Auto Club of Southern California
  5. Safeco
  6. State Farm
  7. Farmers
  8. Liberty Mutual
  9. Hartford
  10. American Family
  11. Travelers
  12. Esurance
  13. Progressive
  14. Mercury
  15. Geico
  16. Metlife
  17. Nationwide
  18. The General

Colorado car insurance laws

Proof of insurance via smartphone: Colorado law allows drivers to show electronic proof of insurance during a traffic stop. Thirty-one states total allow this.

Penalty for driving without insurance: A first offense will get you a $500 fine and four points on your driving record. Penalties escalate with fines of not less than $1,000, license suspension and community service if you are caught driving without insurance multiple times. And don’t even think about driving during an insurance suspension: your license can be revoked for a full year.

Penalty for driving without registration: In Colorado, driving without registration is a class B traffic infraction, which has a $15 minimum penalty and a $100 maximum penalty.

DUIs: Penalties for a first Driving Under the Influence (DUI) offense the penalties are:

  • 12 points towards a suspension of your license
  • $300 to $1000 fine
  • 5 days to 1 year of jail time
  • 48 to 96 hours public/community service
  • DUI stays on your record for 7 years

Total loss/Salvage title: There’s no specific threshold for what’s a total loss in Colorado. Most insurance companies will determine a vehicle to be a total loss when costs of repairs are between 51 to 80 percent of a vehicle’s actual cash value (ACV), or basically when the repairs costs are more than the value of the vehicle and other associated claim costs (rental car, storage fees, and so on).

No age restriction for owning and insuring a car: Minors can buy and register a car in Colorado, as long as they have a driver’s license or permit for identification purposes and are able to buy insurance. However, it may be difficult for minors to find someone who will sell them a vehicle; contracts with minors are typically voidable, so usually a dealer or private seller will require a parent or guardian to co-sign. The same holds true for car insurance policies, since they are also a form of a contract.

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Michelle Megna
Contributing Researcher

Michelle is a writer, editor and expert on car insurance and personal finance. She's a former editorial director. Prior to joining, she reported and edited articles on technology, lifestyle, education and government for magazines, websites and major newspapers, including the New York Daily News.