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Car insurance in Colorado

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Colorado drivers pay an average of $1,290.34 per year for car insurance according to the National Association of Insurance Commissioners (NAIC), that’s about $107.53 per month. Colorado drivers pay about 8% more than the countrywide national average of $1,189.64.

The NAIC takes into account all car insurance policies within the state such as drivers who select only state minimum coverage, as well as policies that include various levels of comprehensive and collision coverage. Because car insurance rates are influenced by personal factors, you could find yourself paying significantly less.

Colorado car insurance quick facts

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Minimum liability requirements

25/50/15

Average annual car insurance cost according to the NAIC

$1,290.34

At-fault state

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

Colorado state minimum car insurance requirements

Drivers in Colorado are required to carry a minimum amount of liability coverage to legally drive. You may see it written as 25/50/15, but we’ll break down what that means.

    Bodily Injury Liability

    Colorado bodily injury liability

    • $25,000 bodily injury liability per person
    • $50,000 bodily injury per accident

    Colorado requires $25,000 in bodily injury liability per person and $50,000 of bodily injury per accident to legally drive. That’s right in line with what most states across the US require for this coverage.

    This means $25,000 is the most your insurer will pay for a single person injured by you in an at-fault accident. And $50,000 is the maximum amount your insurer will pay if there is more than one person injured by you in an at-fault accident. Any costs outside of your bodily injury limit are required to come out of your pocket.

    Property damage liability

    Colorado property damage liability

    • $15,000 property damage liability

    Colorado requires drivers to carry $15,000 of property damage liability to legally drive. This required limit is middle of the road compared to what other states require for property damage liability.

    This means $15,000 is the maximum amount your car insurance company will pay towards damages you cause to another person’s car or property, such as repairs to a car, fence or building. You’ll have to pay out of pocket for any costs beyond your property damage liability limit.

    Finder tip: State minimum coverage isn’t enough

    These state-mandated requirements are the lowest amount of coverage you need to legally drive in Colorado, but may fall short if you’re in a major accident. To avoid high out-of-pocket costs after an accident, consider raising your liability limits by balancing coverage, your budget and what you can afford to pay out of pocket for certain damage.

    Cheapest rates by age in Colorado

    Once again, Progressive offers the lowest rates across the major companies we compared for most drivers. However, Geico may be your best bet for senior drivers. Those ages 55 to 64 may pay around $111 per month with Geico, while drivers age 65+ may pay $117 per month.

    AgeAllstateProgressiveGeicoUSAA
    16-24$224.53$201.20$230.13$213.57
    25-34$184.25$151.14$156.51$172.95
    35-44$179.43$135.20$141.63$154.74
    45-54$161.57$132.18$142.53$146.93
    55-64$133.69$110.91$117.07
    65+$174.11$116.92

    Cheapest rates by gender in Colorado

    When comparing rates based on gender, we found Progressive to offer solid value for both men and women. However, women tend to pay $10 less per month in Colorado.

    CompanyAllstateProgressiveGeicoUSAA
    Men$195.28$147.99$165.77$175.70
    Women$178.51$137.82$156.73$153.73

    Sample rates in Colorado from major car insurance companies

    “Geico lays the lowest cost on the table at $134 per month, according to our analysis of major insurers’ rates from Savvy.

    However, you could go with Progressive and join its Snapshot program to save up to 30%. Snapshot tracks your driving and sets rates based on your skills.”

    CompanyAllstateProgressiveGeicoUSAA
    Rate$185.96$142.91$133.70$165.94

    Best car insurance in Colorado

    Coloradans don’t have the luxury of cheap car insurance premiums on average, but that doesn’t mean you can’t lower yours. Start with these companies and price-match with your preferred insurers to get the best deal.

    We vetted these companies by looking at their ratings from J.D. Power, Better Business Bureau, AM Best and the National Association of Insurance Commissioners. Then, we checked each company’s coverage options and discounts to give you the best value for coverage.

    Best for bundling policies: Progressive

    Progressive

    Finder rating 4 / 5 ★★★★★

    When searching high and low for the best-valued coverage, try Progressive. We've found that this national brand rings in as one of the cheapest available for many drivers. Get rewarded up to 30% for having no claims within three years, or save an average of 20% for bundling home and auto insurance.

    You also won't short yourself on coverage by choosing Progressive. The company offers the expected coverage like liability and collision alongside extras like rideshare, gap and custom parts coverage. Plus, Progressive can help you with many other types of insurance so you can keep all your policies in one place.

    Best for low mileage: Nationwide SmartMiles

    Nationwide

    Finder rating 4 / 5 ★★★★★

    If you don't drive much, you could save by paying for car insurance per mile with SmartMiles. SmartMiles is one of the only pay-per-mile policies on the market, and it's offered by an experienced brand with strong finances to back your claims.

    With SmartMiles, you'll pay a flat rate per month plus a few pennies for every mile you drive. For example, you could pay $95 per month if you drive around 500 miles a month. That adds up to $40 in monthly savings over a traditional policy, according to Nationwide's website.

    Best customer service: American Family

    American Family

    Finder rating 4 / 5 ★★★★★

    American Family may not be the first brand you think about for car insurance, but you'll want a quote if you live in the Southwest. The company ranks at the top of J.D. Power's annual auto insurance study. Perhaps one reason for its high customer satisfaction is that you get one-on-one attention through local agents.

    You can keep all the car insurance coverage you're used to, plus choose from options like gap and rideshare coverage. You also get a company with nearly 70 years of industry experience. American Family is the ninth-largest US auto insurance company, bringing strong finances and experience to support your claims.

    Best local company: AAA Colorado

    AAA

    Finder rating 4 / 5 ★★★★★

    AAA is famous for its roadside assistance, which follows you no matter the car you're in and offers you a wide network of service providers. However, you also can buy AAA's car insurance at a deep discount. For example, you can save up to 20% if you bundle policies or take AAA's online accident prevention course.

    Expect a solid list of coverage and other discounts to help you save, based on the insurance company. You'll get the most bang for your buck if you expect to use AAA's other membership perks like travel discounts and identity protection.

    7 factors that affect car insurance rates in Colorado

    Factors are characteristics specific to you that car insurance companies use to set how much you’ll pay for car insurance. The less risky each of your factors is the less you pay, the riskier you are the more you’ll pay. We’ll break down Coloradan’s rating factors to keep in mind.

    FactorHow it affects your rates
    Age

    Age

    How old you are is a top factor in determining your car insurance rates. With each passing year, you earn more experience on the road. More experience can equal cheaper rates. Teen drivers pay the most, but rates begin to level off around your 20’s with drivers over 50 paying the least.
    Gender

    Gender

    Colorado takes gender into account when determining your rates. Our analysis of Quadrant data found that men under 18 pay 17% more for car insurance compared to women of the same age. But, between 31 and 45, women see rates 5% higher than men. After 45, rates differ between men and women by only 1%, with women on the higher end.
    Location

    Location

    Where you live affects your rates, including where you park your car. High theft rates, high traffic and a high number of uninsured drivers could mean higher rates.

    Especially in Colorado, which holds the highest vehicle theft rate across the US of 524.3 vehicle thefts per 100,000 inhabitants, according to the FBI’s most recent report on vehicle theft rates.

    As for uninsured drivers, 16.3% of Coloradans on the road are uninsured. That’s the 13th highest percentage of uninsured drivers in a state across the US according to Insurance Information Institute.

    Vehicle and mileage

    Vehicle and mileage

    Your car’s make, model and trim directly affect how much you’ll pay for car insurance. Things like its cost, safety ratings, the likelihood of theft and sportiness all help insurers determine its cost to insure.

    Safer and cheaper vehicles score the lowest rates, with luxury vehicles with higher repair costs resulting in higher premiums.

    And, the more you’re on the road, the more at-risk you are to get in an accident, which means higher premiums. According to the Bureau of Transportation, Coloradans drive an average of 40.7 miles per day, that’s above the average across the US of 36.1 miles per day.

    Credit score

    Credit score

    Your credit score is included in your credit-based insurance score which insurers use to help calculate rates. According to the Insurance Information Institute, there is a strong correlation between your insurance score and claims filings.A good credit-based insurance score could mean lower rates.

    Coloradans have many protections under state laws, if you’ve been denied insurance or have a premium increase because of credit information you believe is wrong, you can notify the Credit Bureau to verify your information, and ask your insurer to re-compute your premiums based on an updated credit report.

    Coverage

    Coverage

    The more coverage you get and the higher limits you choose, the more protection you’ll have and the more you’ll pay in monthly premiums. And, if you opt for full coverage car insurance that includes comprehensive and collision, the amount of your deductible weighs into your costs too, higher deductibles mean lower monthly premiums.
    Driving Record

    Driving Record

    The better your record, the lower your premium. If you’re in an at-fault accident you could see rates increases from 20% to 50%. And DUI’s in Colorado can increase your rate by around 34%. These types of violations typically stay on your record for about three years.

    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.

    Coverage we recommend for Colorado drivers

    Your car insurance policy is in place to help you recover financially after a car accident. While your state requires a minimum level of coverage, in most cases it won’t be enough to keep you from out-of-pocket costs. High vehicle theft rates, harsh weather and a high percentage of uninsured drivers on the road make additional car insurance coverage an important consideration for Colorado drivers.

    Higher liability limits

    Colorado requires 25/50/15 for liability coverage, this is standard for many states. However, it’s a low amount of protection if you end up paying someone else’s medical bills and property damage. You need higher protection in most cases, especially if another driver takes you to court. Talk with your insurance agent to weigh how much out-of-pocket costs your budget can afford after an accident. You’ll want to set liability limits that balance your monthly budget and offer the coverage you need to protect your assets.

    Collision

    For accidents where you’re at fault, your collision coverage pays for your own car’s damage — if you buy this optional coverage. Otherwise, repairs to your own vehicle could cost you out of pocket.

    Remember that your required liability coverage doesn’t pay for your car damage. Instead, it pays for damage to someone else’s property.

    Consider collision coverage if . . .

    • Your car loan requires it.
    • It costs less than your car’s value.
    • You can’t pay for car repairs or another car out of pocket.
    • You drive your car regularly, such as for commuting.

    Comprehensive

    Because Colorado holds the highest vehicle theft rate across the US, consider adding comprehensive coverage to your policy. You’re covered for the outright theft of your vehicle, plus any damages that might occur during a break-in.

    Harsh Colorado winters also make this coverage more appealing for Colorado drivers, since the coverage can kick in to cover damages from harsh weather, falling tree branches or animals.

    Consider this coverage if . . .

    • It’s required for your car loan.
    • You can’t repair or replace your car out of pocket.
    • Your area has a high risk of theft or serious storms.

    Uninsured or underinsured motorist

    This coverage isn’t required in Colorado, but as a state with the 13th highest percentage of uninsured drivers on the road, you may consider opting in. If you’re in an accident with a driver who doesn’t have proper coverage, uninsured or underinsured motorist coverage pays for your medical expenses, car repairs or other property damage.

    Consider this coverage if . . .

    • You can’t pay for car repairs or another car on your own.
    • You don’t have health insurance.
    • Your health insurance has high out-of-pocket costs.

    Roadside assistance

    Roadside assistance could be a huge perk for Colorado drivers who experience a mix of sometimes unpredictable snowy weather, winding mountain roads and chilling temperatures that make being stranded more dangerous. Plus, Coloradans drive more miles per day than average for the US. Adding on roadside assistance gives you a dedicated customer service number to call if your car breaks down, with features like tire changes, towing or fuel delivery.

    Consider this coverage if . . .

    • You rely on your car to get around.
    • You own an older or less reliable vehicle.
    • You don’t have roadside assistance through your car warranty.
    • You’d rather not research service providers on your own after a breakdown.

    Top 10 auto insurance companies in USA that serve Colorado

    We’ve pulled the top 10 companies by market share that offer coverage in Colorado according to S&P Global. Compare top companies by three major rating agencies along with our overall score.

    • Better Business Bureau (BBB) rating measures how a business interacts with its customers, with the highest rating being A++.
    • J.D. Power determines customers’ overall satisfaction with their car insurer’s price, billing, claims and customer support. The higher the J.D. Power score out of 1,000, the better.
    • NAIC complaint index shows how a company’s number of complaints compares to similar companies of its size. Scores lower than 1.00 show the company receives less than the average number of complaints, and scores above 1.00 show more complaints than average.
    • Finder’s score shows you an overall look at the company by taking into account scores from each of these agencies as well as the coverage and discounts each company offers.
    Provider
    BBB Rating
    J.D. Power Rating
    NAIC complaint ratio
    National market share %
    Finder score
    Go to site
    State Farm
    A+
    847/1000
    1.93
    16.2

    ★★★★★ 4/5

    Read review

    Geico
    A+
    832/1000
    1.42
    13.6

    ★★★★★ 4/5

    Read review

    Progressive
    A+
    830/1000
    1.05
    13.3

    ★★★★★ 4/5

    Get Quotes
    Allstate
    A+
    827/1000
    2.71
    10.4

    ★★★★★ 4/5

    Read review

    USAA
    A+
    884/1000
    1.9
    6.3

    ★★★★★ 4/5

    Get Quotes
    Farmers
    A-
    820/1000
    1.64
    4.9

    ★★★★★ 4/5

    Read review

    Liberty Mutual
    A+
    827/1000
    2.2
    4.7

    ★★★★★ 4/5

    Get Quotes
    Nationwide
    A+
    814/1000
    2.08
    2.3

    ★★★★★ 4/5

    Read review

    American Family
    A+
    815/1000
    1.35
    2.1

    ★★★★★ 4/5

    Read review

    Travelers
    A+
    820/1000
    3.28
    2

    ★★★★★ 4/5

    Read review

    In Colorado, the driver at fault pays for damage

    Colorado is an at-fault state, meaning that the driver who caused the car accident pays for the damage. Your insurance company and legal authorities will determine which driver is at fault, based on the details of the accident.

    However, Colorado also looks at whether both drivers are partially at fault under a law called modified comparative fault, according to the legal website Nolo. Under this law, drivers can get reimbursed for damage as long as they don’t hold more responsibility than other drivers.

    For example, let’s say that you hit another car and are found 90% at fault. The other driver is 10% at fault due to speeding. In Colorado, your insurance would pay 90% of the other driver’s damages. However, since you share a higher level of fault, the other driver isn’t required to pay for your damages.

    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

    Compare car insurance providers in Colorado

    Name Product Gap insurance Homeowner discount Telematics Has an app? Available states
    Progressive
    loan/lease coverage
    Yes
    Snapshot
    Yes
    All 50 states & DC
    Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
    The Zebra
    Yes
    Yes
    Yes
    Yes
    All 50 states
    USAA
    No
    Yes
    SafePilot
    Yes
    All 50 states & DC
    Affordable car insurance with highly rated customer service. Only available to military members and veterans and their family.
    Branch
    Yes
    No
    Yes
    Yes
    AZ, CO, IL, IN, MD, MO, OH, OK, TX and WI
    Benefit from this online-based startup’s steep savings and convenient online quotes and claims.
    Quinstreet - Insure.com
    Quinstreet - Insure.com
    Yes
    Depends on provider
    Depends on provider
    Depends on provider
    All 50 states
    Liberty Mutual
    Yes
    Yes
    RightTrack
    Yes
    All 50 states & DC
    Earn free accident forgiveness after five years claims-free and customize your policy anytime.
    Bankrate
    Bankrate
    Yes
    Yes
    Yes
    Yes
    All 50 states
    Compare personalized rates from multiple insurance companies in one go. Plus, access a live agent for any questions along the way.
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    Compare up to 4 providers

    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.

    Colorado car insurance and driving laws

    States vary in their driving laws, insurance requirements and driving restrictions for teens. When driving in Colorado, here are some things you should know:

    • Colorado requires insurance. To drive your car in Colorado, you need 25/50/15 in liability auto insurance. Uninsured and underinsured motorist coverage is not required.
    • Proof of insurance. Acceptable proof of insurance in Colorado is a current insurance card, copy of policy, letter or email from insurance company, faxed copy of card/binder/policy, or electronic proof.
    • Cell phone driving laws. Adults can use phones for calls while driving. However, texting, browsing the internet or any manual entry is not allowed while driving.
    • Teens can’t use a phone at all. If a teen under 18 is found using a phone at all while driving, they could risk losing their license. Emergency calls are exemptions.
    • Teens have a curfew. Teens under 18 can’t drive between midnight and 5 a.m., unless they’re with a parent or guardian. Exceptions are driving to/from work, school, or medical emergencies.
    • Smog and emission testing. Nine counties in Colorado require emissions testing to register a vehicle. Colorado’s DMV will send you a notice if it’s required to register your vehicle.
    • Colorado and WAAIP. Colorado participates in the Western Association of Automobile Insurance Plans (WAAIP), which helps high-risk drivers find car insurance. If you’re a high–risk driver, ask an insurance agent to help you apply. However, WAAIP policies tend to be much more expensive than typical insurance rates, so make sure that you’ve looked into your other options before deciding to use WAAIP.
    • Out-of-state insurance. Depending on your car insurance provider, you may be able to keep your plan when moving into Colorado. Contact your insurance agent for more information on moving policies.

    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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