Auto Insurance in Colorado
Colorado’s auto insurance rates are on the low side — on average $1,210 per year, compared to the nationwide average of $1,669. That said, how much you’ll pay can vary a lot depending on your car, your coverage, and your address. Use our tool to find your best rates:
Enter your ZIP code to find your best rates:
The average cost of auto insurance premiums in Colorado is about $300 less than the national average. Of course, insurance rates vary from one geographic area to another, and rates can also vary based on driving histories, personal details, and more, so be sure to shop around for several quotes to get the best insurance rate.
Colorado Minimum Liability
The recommended minimum liability coverage for a driver is 50/100/50 ($50,000 per-person and $100,000 per-accident bodily injury coverage, in addition to $50,000 of property damage coverage). In Colorado, the minimum required amount is 25/50/15, which is relatively low compared to the recommended minimum amount.
Experts believe that even the recommended amount is the absolute minimum coverage you should have, because accidents can be overwhelmingly expensive; in fact, in 2013, the average bodily injury claim was $15,443, according to the Insurance Information Institute. When you have an accident, you must cover out of pocket anything that’s not covered by your auto insurance, so accidents can end up leaving you tens or hundreds of thousands of dollars in debt.
If you’re looking for the best insurance coverage possible, you need to request multiple quotes from various companies and compare them. Many insurance companies will offer you unique rates based on your driving history, so you may be able to find a hidden gem of a rate. The time and energy you’ll spend will pay off in the end when you save monthly on your premiums.
Cheapest Car Insurance in Colorado
- $1,131State Farm
- $1,171American Family
If cost is one of your priorities when selecting auto insurance, the auto insurance companies listed here are Colorado’s cheapest. You can find an affordable company by checking out the list of businesses here.
These low-cost car insurance companies offer cheap coverage. However, the low cost also often has its costs; that is, many affordable car insurance companies skimp on things like customer service and reimbursement processing time.
Most Popular Companies by Marketshare
- State Farm
- American Family
The most popular car insurance companies in Colorado are listed here. These companies serve the most customers in the area.
While popular companies often have a lot of experience in a region, they are not necessarily the best companies. Often, it means they are national insurance companies with large advertising budgets, so they get a lot of exposure. They may not actually offer the best rates or coverage for you.
Choosing the Best Car Insurance in Colorado
If you’re looking for an auto insurance company, you’ll want to choose one that you are happy to work with for a long time. Thus, you may want to choose one of the top companies that have a proven reputation for high-quality service, great customer support, and extensive coverage.
You want to choose the best insurance company based on things like rates, financial strength, customer service, claim processing time, and more.
Where is car insurance most affordable?
The insurance rate you’ll pay for auto insurance in Colorado will vary based on many factors. One of them is geography.
Customers in Pueblo, Lakewood, Denver, and Colorado Springs can expect to pay the highest amount for insurance in the state, while those in Boulder, Arvada, Thornton, and Westminster can expect their rates to be somewhere in the middle. The lowest rates are in cities like Fort Collins, Greeley, and Loveland.
The insurance rates in Colorado cities tend to be higher than those in rural towns. Expect to see higher premiums in cultured, bustling areas like capital city Denver. Generally, residents of mountainous towns with small populations can expect lower premium costs.
Arvada Auto Insurance
Home to 111,153 people, Arvada is small town located near Denver, CO. While the Amtrak train passes through Arvada, people there depend on driving and their access to Interstate 76 to get around. If you are a driver in Arvada, make sure to get adequate coverage, particularly if you’ll be commuting into and out of Denver. Premiums in Arvada cost less than the state average.
Aurora Auto Insurance
Also part of the larger Denver metropolitan area, Aurora is home to 345,803 people. It’s known for being a suburban-feeling place, and has a military presence via Buckley Air Force Base. People in Aurora commute into and out of Denver mostly by car, so protect yourself from the rush-hour traffic with car insurance. The rates for premiums in Aurora are just over the state average, so be sure to shop around for the best rate and deal.
Boulder Auto Insurance
A charming and quaint college town, Boulder is home to 103,116 people. It hosts the University of Colorado, and it’s a bustling hub of cultural, athletic, and business activities. If you live in Boulder, protect yourself and your car with an adequate insurance policy. Luckily, the rates in Boulder are lower than the average state cost.
Colorado Springs Auto Insurance
One of America’s best places to live, Colorado Springs is home to 439,886 people. Located 60 miles south of Denver, the mountainous city stands over a mile above sea level. There’s lots of mountain driving required in this town, so be sure to get car insurance to cover any potential hazards or mishaps. The cost of premiums in Colorado Springs is a bit lower than the average state cost of auto insurance premiums.
Denver Auto Insurance
Denver is the large capital city of Colorado, home to 649,495 people. This bustling Mile-High city is located in the heart of the Rocky Mountains, and most people here depend on driving to get around. Protect yourself in traffic and from other drivers by shopping around to find the best auto insurance coverage for you. However, expect to pay an amount a little bit higher than the state average for your insurance premiums.
Fort Collins Auto Insurance
With a population of 152,061, Fort Collins is a mid-size city that is home to Colorado State University. The city is known for being a college town, and while many residents depend on public transportation, or cycle to work or school, there are many drivers in town. If you’re one of them, protect yourself by shopping around for the best auto insurance quotes. Premiums in Fort Collins are more affordable than the state average.
Greeley Auto Insurance
Greeley is a relatively small town in Colorado, home to 96,539 people. Best known for being a center of culture and performing arts, Greeley is a quiet town. Without much public transportation available to them, people here tend to rely on their cars. The auto insurance rates in town are lower than the average state cost, so find a good rate and protect yourself and your vehicle while on the road.
Longmont Auto Insurance
Longmont is a suburb of Boulder, home to 89,919 people. Originally an agricultural hub, today the city is home to people who commute into and out of the big college town nearby. If you want to drive alongside the commuters, protect yourself from any on-road hazards by getting adequate auto insurance protection. The cost of insurance in Longmont is lower than the state average.
Loveland Auto Insurance
Located close to Fort Collins, Loveland is a town with a population of more than 71,000 people. The city has many suburban amenities, including a movie, a theater, and a mall, and it’s home mostly to people who commute to bigger cities nearby. To protect yourself from commuting traffic, cover your vehicle and yourself with adequate auto insurance. The cost of Loveland car insurance is lower than the state average.
Pueblo Auto Insurance
Pueblo is a beautiful Colorado town situated at the confluence of the Arkansas River and Fountain Creek. The town is home to 108,121 people, and it is sometimes referred to as “Steel City,” because of its extensive history in steel production. This industrial town has public transportation options, but many residents depend on their own cars. The cost of insurance premiums in Pueblo is higher than the state average, so get multiple quotes to ensure you can choose the best rate and coverage possible.
Thornton Auto Insurance
With a population of 127,359 people, Thornton is a suburb of Denver. Most people who live here commute into and out of the big city nearby for work. Located in the mountains, the city has its own driving hazards, so be sure to adequately protect yourself from any challenges with proper car insurance. The cost of insurance in Thornton is lower than the state average.
Westminster Auto Insurance
Westminster is home to 110,940 people. It is a college town, home to Westminster University, and a suburb of larger Mile High City Denver nearby. The area offers public transportation, but many people choose to drive. The cost of premiums in Westminster is lower than the state average.
Find the best auto insurance in your area
Start by entering your zipcode and we’ll pull our top partners so you can get quotes quick.