Colorado's cheapest car insurance & best providers | finder.com

Cheap car insurance in Colorado

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Colorado

Car insurance quick facts

25/50/15

Minimum liability requirements

$1450

Average annual car insurance cost

30

Days to update your license

At-fault state

In at fault states, the driver who caused the accident pays for damages.

  • Top-rated insurer
  • Online quotes & claims
  • Bundle and save

Our top pick: Progressive

Save up to 31% with safe driver discounts and bundling all your rides in one convenient policy.

  • Top-rated insurer with 80 years of experience
  • Easy online sign-up and reporting
  • Multiple discounts available
  • Transparent quoting

Colorado auto insurance providers

Name Product Roadside assistance New car protection Accident forgiveness Safe driver discount Available states
Optional
30%
All 50 states
Save up to 31% with safe driver discounts and bundling all your rides in one convenient policy.
Optional
30%
All 50 states
Enjoy premium perks like better car replacement and accident forgiveness plus local agent support.
13%
All 50 states
Enjoy having your own dedicated agent to help you get the best discounts and coverage.
Optional
26%
All 50 states
It's quick and easy to get an online quote with Geico, and you might be surprised at how much you could save.
Optional
Yes
All 50 states
Drivers over 50 and AARP members enjoy special car insurance pricing and benefits.
Optional
Optional
55%
All 50 states
Get free quotes from top insurers for the exact coverage you need in minutes.
52%
AZ, AR, CO, CT, DE, GA, IL, IN, IA, KY, LA, MD, MI, MS, MT, NE, NM, ND, OH, OK, OR, PA, SC, TN, TX, UT
Root offers simple, affordable insurance that’s ideal for good drivers. Try the Root app for 2 weeks and see how much you could save.
40%
All states except AK, DE, HI, MT, NH, VT, WY
Esurance offers a modern online and mobile experience that helps you take your insurance on the go. Available in 42 states.

Compare up to 4 providers

CompanyDirect premiums written (billions)Market share
State Farm$922,81218.3%
Progressive$551,30010.9%
USAA$529,38510.5%
Geico$491,0259.8%
Allstate$444,7008.8%
American Family$404,8938.0%
Liberty Mutual$364,9337.2%
Farmers$335,4176.7%
Travelers$160,1543.2%
Nationwide$91,7761.8%

Average car insurance costs for drivers in Colorado

In Colorado the average annual cost for auto insurance ranges from $1,200-1,450 — and you can probably expect to pay a price somewhere in that range. However, because costs tend to vary so much between insurance providers and individual drivers, you could just as easily fall outside that range.

Which city has the cheapest car insurance in Colorado?

Of Colorado’s largest cities, Greeley has the cheapest rates and Aurora has the most expensive car insurance rates. Aurora drivers could face rates 10 times more than Greeley drivers.

Car insurance quotes in Aurora

CompanyAnnual car insurance rate
Allstate$898
American Family$1533
Farmers$252
Metromile$2570
Esurance$1269

Car insurance quotes in Longmont

CompanyAnnual car insurance rate
Allstate$798
American Family$1116
Farmers$224
Metromile$1769
Esurance$869

Car insurance quotes in Parker

CompanyAnnual car insurance rate
Allstate$843
American Family$1243
Farmers$259
Metromile$1959
Esurance$883

Car insurance quotes in Denver

CompanyAnnual car insurance rate
Allstate$918
American Family$1961
Farmers$359
Metromile$2371
Esurance$1254

Car insurance quotes in Greeley

CompanyAnnual car insurance rate
Allstate$684
American Family$899
Farmers$221
Metromile$1719
Esurance$1029

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State minimum requirements in Colorado

In order to drive legally in Colorado you’ll need liability insurance, which includes:

  • $25,000 per person for bodily injury.
  • $50,000 per accident for bodily injury.
  • $15,000 per accident for property damage.

When shopping for car insurance, you’ll sometimes see this written as 25/50/15.

Uninsured motorists coverage protects you if you get into a car accident with someone who is at–fault for the accident but doesn’t carry insurance. Some states require that you carry this type of insurance. Colorado is an opt–out state, so insurance companies are required to offer you uninsured motorist (UM/UIM) coverage, but you can sign a waiver to deny it. In 2008, Colorado expanded their restrictions on insurance companies to also require that they offer UM/UIM coverage in the same amounts that you select for bodily injury liability limits.

Roadside assistance in Michigan

Many insurers offer roadside assistance as an optional extra, and a few offer it free, typically when you buy collision and comprehensive coverage. Colorado’s mountains are lovely to look at but not always great to drive through. Mountain conditions can make driving a nightmare, especially in winter, when you could find yourself navigating potholes, snow and black ice. Roadside help can get you out of a bad situation faster and without the hassle.

Which cars are most likely to be stolen in Colorado?

Wondering if you should get comprehensive coverage to cover car theft? 15,000 cars are stolen each year in Colorado, compared to 250,000 nationwide. According to a 2018 report by The John Smith Insurance Agency, the most stolen models are typically the most popular in the state, including:

  1. Honda Civic
  2. Honda Accord
  3. Ford F-250
  4. Ford F-150
  5. Chevrolet Silverado
  6. Dodge Ram
  7. Jeep Cherokee
  8. Subaru Impreza
  9. Subaru Legacy

Car insurance for high-risk drivers in Colorado

Can’t get covered with a traditional or affordable provider? If you’ve been denied coverage because you’re considered a high-risk driver, you can still find insurance through the Western Association of Automobile Insurance Plans (WAAIP).

WAAIP assigns you an affordable provider in its network of insurance companies. Any extra risks you pose to the insurer are negated by spreading it out across the network of participating companies.

Can I get SR-22 insurance in Colorado?

You might need an SR-22 in Colorado if you’ve gotten a DUI, lost your license or have too many points on your driving record. SR-22 tells the state you have the minimum coverage required to get back behind the wheel. You’ll be notified by your state DMV if you’re required to file an SR-22.

Bottom line

Minimum car insurance requirements in Colorado can be affordable if you’re willing to shop around and compare providers, policies, discounts and rates. Plus, given Colorado’s substantial consequences for uninsured drivers, it hardly makes sense to go without auto insurance.

Compare your car insurance options, from costs to regulations to little-known discounts and deals, to find the best insurance for you.

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Frequently asked questions about car insurance in Colorado

Which car insurance provider is best for me?

Looking to save on car insurance? Answer these three questions to find a provider that best fits your needs and budget.

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