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 has the cheapest full coverage car insurance in Colorado, at an average premium of $120 per month or around $1,445 per year, based on CarInsurance.com data.
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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Who pays the lowest auto insurance premiums in Colorado?
The cost of car insurance can vary greatly depending on your age, location, driving record, credit score, driving habits and vehicle type. However, some insurers may offer you more affordable rates than others based on your situation.
- 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 Colorado companies for different coverage levels
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.
Besides full coverage, there are liability-only and state-minimum car insurance policies. Liability only covers injuries and property damage to others in 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 up to $100,000 bodily injury with $300,000 bodily injury per accident and up to $100,000 for property damage.
Cheapest state minimum coverage in Colorado
State laws require all drivers to maintain a minimum level of car insurance coverage, also known as the state’s minimum coverage requirements. In Colorado, you must have at least the following insurance coverage on your car.
| 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
The following table lists Colorado’s major insurance providers, ranked by their average annual state minimum coverage rates, from cheapest to most expensive.
| 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 Colorado insurance companies for liability-only coverage
If you cause an accident, your liability insurance will pay for the medical bills and property damage of others involved, up to the policy limits.
Below, you’ll see average annual rates for major insurance providers in Colorado, ranked from cheapest to most expensive for liability insurance coverage. The coverage limit for the below-mentioned rates is $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 full coverage car insurance in Colorado
Full coverage car insurance policies consist of comprehensive and collision insurance. Comprehensive and collision protect against accidents, theft, vandalism and natural disasters.
When it comes to car insurance, it’s important to have coverage that fits your income, assets and risk profile. If you’re financing your vehicle, your lender will likely require you to purchase a full coverage auto insurance policy.
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 auto insurance in Colorado by driving history
Your driving history impacts insurance premiums in Colorado, as insurance companies use this factor to assess the risks associated with providing coverage for a driver.
Insurance companies consider traffic violations like speeding tickets, DUIs and at-fault accidents as indicators of risky driving behavior. So, they charge higher premiums to drivers with these violations on their record.
In Colorado, drivers with a history of such violations typically pay $688 more annually than drivers with clean records.
Cheap car insurance rates in Colorado after a speeding ticket
If you have a speeding ticket on your Colorado driving record and you are looking for cheap car insurance, State Farm offers the cheapest full-coverage auto insurance for drivers with a speeding ticket, with an average rate of $1,753 per year.
| 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.
Cheap car insurance rates after a DUI conviction in Colorado
State Farm offers the cheapest car insurance to Colorado drivers with a DUI conviction at $1,753 per year and Progressive has the second-cheapest insurance premiums at $2,211 a year, based on recent data.
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 after an at-fault accident in Colorado
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 accountable for an accident, it can significantly affect your insurance premiums, as insurance companies see at-fault incidents as a sign of higher risk, leading to increased 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.
Fruita is the city with the lowest premiums in Colorado at an annual auto insurance rate of $1,861 .
Insurance companies use data about thefts, collisions and vandalism to decide how likely it is for one of these things to happen in your city. Insurers also consider your driving record, the type of car you drive and your car’s age to determine your premiums.
The table below shows a list of cities in Colorado with the most affordable 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 |
Learn about the 10 most important factors that affect car insurance rates
Average savings on car insurance in Colorado
Shopping around for car insurance quotes in Colorado can help drivers save 38% annually on full coverage policies.
While savings will depend upon individual circumstances, there are still significant benefits associated with comparison shopping and getting exactly what you need at an affordable price.
Car insurance discounts in Colorado: Save on premiums
In Colorado, car insurance companies offer various discounts to drivers, such as safe driver and bundling discounts to help you save on your premiums. Learn more about some common car insurance discounts in Colorado below.
| 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 Longero is an insurance expert and Executive Editor at CarInsurance.com, where she specializes in helping consumers navigate the complexities of the financial and insurance industries. She has 15 years of experience educating people about finance and car insurance. Prior to joining CarInsurance.com, she worked as a reporter and editor at the USA Today Network. Her expertise provides readers with practical guidance, helping them make informed choices about their financial and insurance needs.
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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
Executive 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