We compared auto insurance quotes in the state of Colorado to identify the cheapest insurers and rates in each city. Across the 70+ cities in our analysis, the average cost to insure a car with basic liability protection was $1,359 a year – about $113 a month. While rates can vary based on where a driver lives, the biggest impact on costs is variability in companies’ quotes. The highest quote in one city, for example, was $1,758 or 29% higher than the cheapest car insurance company’s quote. This illustrates why consumers should always get quotes from at least three companies so they can compare. Read more about this below, or type your zip code above now to see a list of cheap companies operating in your area.
- Cheap Auto Insurance Companies in Colorado
- Cheap Auto Insurance in CO: by City
- Best Auto Insurance Companies in CO
- Average Cost of Car Insurance in CO: by City
Cheap Car Insurance in Colorado
The five companies with the cheapest car insurance rates in Colorado were: Grange, State Farm, American Family, Auto Owners and The Hartford. Together, the five cheapest companies in Colorado charged an average rate of $1,006 each year to insure a vehicle. Compared to the overall state average, these companies were 26% lower, on average.
This list is based on the companies’ average annual premiums for a sample 30 year old male motorist across 69 cities in Colorado. Just bear in mind that your actual quotes will be different depending on your characteristics and driving history. For more specific results, submit your zip code for a list of companies to begin comparing cheap car insurance quotes.
|Grange Insurance Association||$847|
|Colorado Farm Bureau||$1,899|
Cheapest Car Insurance in Colorado: by City
We’ll also take a look at how the cheapest rates and companies can vary across by city in Colorado. Often, where a driver lives and garages their vehicle heavily influences the insurance rates they see, and which companies have the best rates in that area.
This table below lists the three companies with the cheapest rates in 69 cities in Colorado, in alphabetical order. Yearly premiums are based on a single 30-year old male driver, so your actual quotes will be different and tailored to your insurance needs and circumstances. Next, we’ll provide more detail for a selection of cities in the Centennial State.
Denver is the most expensive city for car insurance on our list with an average cost 29% higher than the state average. Auto insurance for Denver drivers can cost $1,758 a year. Nicknamed the Mile High City, Denver is situated at the foothills of the Rocky Mountains some 5,300 feet above sea level. It is home to more than 600,000 residents, the Denver Broncos, the Colorado Rockies, the Colorado Avalanche, and the Denver Nuggets.
Even though auto insurance is the most expensive in Denver, there is always room to save. For cheap auto insurance rates in Denver, we suggest starting with quotes from Grange, State Farm, and Auto Owners. The three insurers above had the best car insurance quotes, on average, of $1,152 per year for basic coverage of bodily liability and property damage. That’s a 34% decrease compared to the citywide mean. The next best provider with the lowest rates in Denver is American Family and Allied.
Colorado Springs, CO
The Centennial State’s second largest city, Colorado Springs is home to 426,000 residents and the United States Air Force Academy. There is a plethora of natural beauty for residents and visitors alike to enjoy. The city is situated at the base of Pike’s Peak, one of Colorado’s vaunted 14ers that inspired the national song “America, the Beautiful”. The companies with the cheapest car insurance quotes in Colorado Springs are American Family, Auto Owners and Grange. On average, the five cheapest companies charged about $1,010 a year to insure a vehicle in the city. Compared to $1,379 (the average annual cost of car insurance in Colorado Springs), getting a quote from one of these providers could save the city’s drivers 27%.