Table of Contents
state grow and Progressive offer the cheap cable car policy in Colorado, with monthly rates of $ 107 and $ 131, respectively, for full-coverage car indemnity, according to an in-depth rate analysis by QuoteWizard. here ’ s what else our research reveals about cheap cable car indemnity in Colorado .
Which company offers the cheapest car insurance in Colorado?
State Farm offers the cheapest rates on car indemnity in Colorado, offering minimum-coverage indemnity for $ 94 a calendar month and wax coverage for $ 107 a month. progressive ’ mho rates are irregular best, at $ 114 a calendar month for minimum coverage and $ 131 a calendar month for full moon coverage .
GEICO and USAA offer the next-cheapest minimum-coverage indemnity in Colorado, with about identical monthly rates of $ 123 and $ 124, respectively. USAA ’ randomness rate of $ 135 a calendar month for full coverage is lower than GEICO ’ south rate, $ 148 a calendar month .
USAA is only available to current and early members of the military and their families.
Statewide, the average cost of minimum-coverage car insurance, which meets Colorado’s minimum requirements for liability coverage, is $1,984 a year, or $166 a month.
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $1,131 | $94 |
| Progressive | $1,365 | $114 |
| GEICO | $1,474 | $123 |
| Allstate | $1,819 | $152 |
| Average | $1,984 | $165 |
| Farmers | $2,549 | $212 |
| American Family | $2,893 | $241 |
| Nationwide | $3,152 | $263 |
| USAA | $1,489 | $124 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
Full-coverage car policy typically includes collision and comprehensive coverage, ampere well as liability limits that exceed the state ’ s minimal requirements .
The average rate for full-coverage car insurance statewide is $184 a month, or $19 more per month than a minimum-coverage policy.
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $1,280 | $107 |
| Progressive | $1,567 | $131 |
| GEICO | $1,772 | $148 |
| Allstate | $1,967 | $164 |
| Average | $2,208 | $184 |
| Farmers | $2,855 | $238 |
| American Family | $3,099 | $258 |
| Nationwide | $3,513 | $293 |
| USAA | $1,614 | $135 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
Get cheap car insurance in Colorado
Who offers cheap car insurance after a ticket or accident?
state farm charges an average rate of $ 116 a calendar month for full-coverage car insurance to Colorado drivers with a speed ticket and $ 126 a month to those with an accident. These are well lower than the rates available to drivers with tickets or accidents from early companies in our psychoanalysis .
In Colorado, a speeding ticket raises the average rate of full-coverage insurance 27% to $233 a month. State Farm ’ sulfur pace is about half the submit average .
The monthly rates from USAA, $ 169 a calendar month, Progressive, $ 172, Allstate, $ 182, and GEICO, $ 199, are besides below the state of matter average for drivers with a speed tag .
For sealed accelerate or other traffic offenses, you may be eligible to keep the violation off your record by attending a court-approved traffic school .
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $1,395 | $116 |
| Progressive | $2,067 | $172 |
| Allstate | $2,178 | $182 |
| GEICO | $2,392 | $199 |
| Average | $2,707 | $233 |
| American Family | $3,717 | $310 |
| Farmers | $4,065 | $339 |
| Nationwide | $4,538 | $378 |
| USAA | $2,024 | $169 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
Cheap car insurance after an accident
state Farm ’ s monthly pace on full-coverage policy for Colorado drivers with an accident is $ 126 a month, which is well lower than the rates available from USAA, $ 197 a calendar month, and Progessive, $ 198 a calendar month .
Statewide, an accident raises the average rate of full-coverage car insurance 54% to $284 a month. This is about $ 100 more per month than the rate available to drivers with a clean record .
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $1,511 | $126 |
| Progressive | $2,380 | $198 |
| Allstate | $3,076 | $256 |
| GEICO | $3,382 | $282 |
| Average | $3,403 | $284 |
| Farmers | $4,101 | $342 |
| American Family | $4,488 | $374 |
| Nationwide | $5,924 | $494 |
| USAA | $2,362 | $197 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
How much does car insurance cost after a DUI?
State Farm offers well cheaper rates on full-coverage cable car policy to Colorado drivers convicted for driving under the influence ( DUI ), $ 116 a month, than Progressive, $ 158 a month, and Allstate, $ 218 a month .
In Colorado, a DUI raises the average price of full-coverage car insurance 59% to $292 a month.
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $1,395 | $116 |
| Progressive | $1,894 | $158 |
| Allstate | $2,613 | $218 |
| GEICO | $3,353 | $279 |
| Average | $3,499 | $292 |
| American Family | $3,717 | $310 |
| Farmers | $3,937 | $328 |
| Nationwide | $7,713 | $643 |
| USAA | $3,371 | $281 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
Where can I find cheap car insurance for 18-year-olds?
The cheapest rates for minimum-coverage car policy for 18-year-olds in Colorado are available from State Farm, $ 277 a calendar month, and USAA, $ 290 a month. The next-lowest rate is available from GEICO, $ 334 a month .
state farm and USAA charge $ 320 and $ 321 a month, respectively, for full-coverage car policy for 18-year-olds. The next-best rate jumps to $ 429 a calendar month from GEICO .
In general, the cost of teen car insurance is higher than car insurance for other age groups, primarily because teen drivers have the highest crash rates.
The average price of minimum-coverage car policy for an 18-year-old is $ 552 a calendar month, which is more than double the average rate for all drivers. Most young drivers begin qualifying for better rates in their early to mid 20s .
Until then, teens usually get better rates when added to a parent’s or guardian’s car insurance policy. Teens who stay on their class ’ randomness policy may besides qualify for discounts that many insurance companies offer to good students, students away at college and/or unseasoned drivers who complete an approve driver education program.
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $3,321 | $277 |
| GEICO | $4,004 | $334 |
| Allstate | $5,044 | $420 |
| Average | $6,618 | $552 |
| American Family | $6,735 | $561 |
| Progressive | $7,563 | $630 |
| Farmers | $10,583 | $882 |
| Nationwide | $12,214 | $1,018 |
| USAA | $3,480 | $290 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $3,840 | $320 |
| GEICO | $5,144 | $429 |
| Allstate | $5,659 | $472 |
| American Family | $7,497 | $625 |
| Average | $7,746 | $645 |
| Progressive | $9,086 | $757 |
| Farmers | $12,927 | $1,077 |
| Nationwide | $13,960 | $1,163 |
| USAA | $3,851 | $321 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
Who offers cheap car insurance to senior drivers?
state Farm besides offers the cheapest rates on minimum-coverage cable car policy to seniors in Colorado with rates of $ 87 a month for a 60-year old, followed by Progressive, $ 104 a calendar month, and GEICO, $ 113 a calendar month .
As a group, senior citizen drivers have higher crash rates than middle-aged drivers and see their insurance rates inch up as they reach retirement age.
The average cost of full-coverage indemnity for a 65-year-old in Colorado is $ 171 a calendar month, compared to $ 164 a month for a 60-year-old. The average cost of full-coverage car indemnity for a 75-year-old is $ 211 a calendar month .
Some companies offer a discount to seniors who complete an approve driver education course, in person or on-line .
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $1,045 | $87 |
| Progressive | $1,253 | $104 |
| GEICO | $1,354 | $113 |
| Allstate | $1,651 | $138 |
| Average | $1,768 | $147 |
| American Family | $2,387 | $199 |
| Farmers | $2,432 | $203 |
| Nationwide | $2,612 | $218 |
| USAA | $1,405 | $117 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
| Company | Annual | Monthly |
|---|---|---|
| State Farm | $1,188 | $99 |
| Progressive | $1,448 | $121 |
| GEICO | $1,638 | $136 |
| Allstate | $1,782 | $148 |
| Average | $1,967 | $164 |
| American Family | $2,561 | $213 |
| Farmers | $2,685 | $224 |
| Nationwide | $2,903 | $242 |
| USAA | $1,534 | $128 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
Save money on Colorado auto insurance coverage
How much does car insurance cost in Colorado?
An average motorist in Colorado can expect to pay $ 1,984 a year for minimum-coverage car insurance, but the localization of your home can impact your rates. For example, the average rate for minimum-coverage insurance in Greeley is $1,629 a year, compared to $2,056 a year in Denver.
| Coverage | Annual rate |
|---|---|
| Arvada | $1,848 |
| Aurora | $2,146 |
| Colorado Springs | $1,989 |
| Denver | $2,056 |
| Fort Collins | $1,606 |
| Greeley | $1,629 |
| Lakewood | $2,029 |
| Pueblo | $2,116 |
| Thornton | $1,875 |
| Westminster | $1,828 |
| Average | $1,984 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
What do Colorado car insurance laws require?
Colorado requires automobile owners to carry 25/50/15 liability insurance, which includes the following :
- Bodily injury liability limits of at least $25,000 per person and $50,000 per accident
- Property damage liability limits of at least $15,000 per accident
The state does not require you to obtain collision or comprehensive coverage, but if you finance your car, your lender will probably require both .
| Coverage | What it pays for |
|---|---|
| Bodily injury liability: Required with limits of at least $25,000 per person and $50,000 per accident. | Medical treatment for others injured in an accident you cause. |
| Property damage liability: Required with a limit of at least $15,000 per accident. | Repair or replacement of the vehicle/property of others after an accident you cause. |
| Collision: Optional, but usually required for a loan. | Repair or replacement of your own vehicle after a collision you cause, or hit and run. |
| Comprehensive: Optional, but usually required for a loan. | Repair or replacement of your own vehicle after theft, vandalism, fire, flood or other non-collision causes. |
| Uninsured/underinsured motorist coverage: Optional. Insurance companies must offer it, but you can reject it. | Treatment of injuries you and/or your passengers suffer in an accident caused by an uninsured driver or someone without enough insurance. |
| Medical payments: Optional. | Medical expenses for injuries you and/or your passengers suffer in an accident, regardless of fault. |
| Source: Colorado General Assembly | |
Colorado’s at-fault car insurance laws require a person who causes a car accident to pay for victims’ medical bills and the repair costs of damaged vehicles and other property.
If you cause an accident and your policy ’ second limits are not high adequate to cover a victim ’ s medical and/or repair costs, they can seek a judgment against you and potentially seize your assets or future earnings. This is why you should consider indebtedness limits that match your web worth .
How does SR-22 insurance work in Colorado?
Colorado requires motorists seeking to reinstate a driver ’ s license after sealed offenses, including DUI and foolhardy tug, to submit an SR-22 shape to the Division of Motor Vehicles ( DMV ). The insurance company provides the form, which you fill out and submit to the DMV, in person or by mail.
policy companies report SR-22 policy cancellations to the DMV, which can result in a driver ’ second license pause. If you switch policy companies while required to have SR-22 indemnity, you must notify the DMV and submit a new SR-22 class promptly .
Frequently asked questions about Colorado car insurance
How much is car insurance in Colorado?
The average price of minimum-coverage car insurance in Colorado is $ 165 a calendar month, while the average cost of full-coverage car policy is $ 184 a calendar month .
Do I need insurance to register a car in Colorado?
You must provide proof of indemnity to register a car in Colorado. Your policy ID card, a copy of your Colorado policy policy, or an electronic copy of your proof of insurance on your smartphone or laptop are among the acceptable documents .
How much car insurance do I need in Colorado?
Colorado requires motorists to carry bodily injury indebtedness indemnity with limits of at least $ 25,000 per person and $ 50,000 per accident, plus property damage liability with limits of at least $ 15,000 per accident. If you finance your car, your lender will credibly require collision and comprehensive coverage .
Methodology
Our analysis of Colorado car indemnity rates is based on non-binding quotes from Quadrant Information Services for a typical driver in the state ’ s 10 most populate cities. Unless otherwise noted, a typical driver is a 35-year-old male with a clean drive record. He owns a 2012 Honda Accord LX and drives an modal 13,500 miles a year .
Minimum-coverage indemnity rates are based on a policy with bodily injury limits of $ 25,000 per person and $ 50,000 per accident, and a $ 15,000 limit on place price liability.
Full-coverage insurance includes the pursue policy limits and deductibles :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability
- $500 deductible for collision coverage
- $500 deductible for comprehensive coverage
QuoteWizard.com LLC has made every campaign to ensure that the information on this web site is correct, but we can not guarantee that it is exempt of inaccuracies, errors, or omissions. All contented and services provided on or through this site are provided “ as is ” and “ as available ” for manipulation. QuoteWizard.com LLC makes no representations or warranties of any kind, express or implied, as to the process of this web site or to the information, subject, materials, or products included on this web site. You expressly agree that your use of this web site is at your sole gamble .
