Best Auto Insurance Companies in Colorado: According to the most recent data, drivers have been paying around $1,600 for auto insurance per year for more than a century. Despite not being the most in the nation, it is 21% higher than the $1,321 national average.
Colorado Geico offers the best general rate for drivers compared to the other insurance providers in our survey. This auto insurance provider’s annual average premium is $1,020, which is $300 less than the national average. Geico offers the most affordable auto insurance rates for most of the subreddits we examined, including those for kids, young adults, upper-class drivers, and drivers with rape or speeding convictions.
Geico frequently has the lowest prices but isn’t the most affordable option in our classifications. With the lowest rates for accident drivers or DUI records, the Employment Performance Form outperforms Geico in two categories. Since Colorado has some of the highest tariffs of any state, drivers are gradually archived as we look at each subcategory.
Remember that rates fluctuate when purchasing auto insurance and that this study’s rates do not necessarily represent what you will pay. Its credit score and management history may be higher or lower than the national average, depending on the type and quantity of coverage you buy, where it lives, the kind of car it drives, and other factors.
Finding good car insurance is crucial in Colorado, where there are more than 4 million drivers, according to Statista Consumer and the market statistics website. Obtaining automatic coverage at a reasonable cost is also crucial. We receive projected pricing for a comprehensive coverage policy of $1,119 or $93 a month from the team of media reviewers. The cheapest vehicle insurance rates in Colorado are displayed in the table below.
Best Auto Insurance Companies in Colorado:
We look at a regional customer satisfaction score, coverage options, and average rates across the state to find the top auto insurance provider in Colorado. The companies Geico, STATE FARM, USAA, Progressive, and Nationwide, are our top picks for Colorado auto insurance.
- Geico – Editor’s Picks:
Geico comes out on top regarding customer satisfaction, availability, coverage, price, and experience in our nationwide analysis of the top auto insurance providers. The industry behemoth in auto insurance provides among the lowest average rates in Colorado, especially for new drivers and people with credit problems. Geico’s regular auto insurance plan offers additional choices include emergency services, rental replacement, and mechanical insurance (MBI).
- State Farm – Top Popular Provider:
The state firm is the biggest auto insurance provider in the nation, according to the National Association of Insurance Commissioners (NAIC). The business is renowned for its broad selection and excellent level of client satisfaction. For students and other new drivers, the state form provides several exemptions.
In reaching less expensive locations, teen drivers and other high-risk drivers can be assisted through the SAVEM, SAFE, SAVEM, and STEER CLEAR programs.
- USAA – Low Rates for Military:
The USAA typically offers chest auto insurance for good and swift quarterly drivers. However, only active-duty military personnel, veterans, and their families are eligible for workplace insurance plans. The United States also provides casual advertising, such as contingency and car replacement help, and various inexpensive discounts and rebates.
- Progressive – Low Rates for High-Risk Drivers:
If you utilize insurance, Progressive is a smart choice. The Snapshot® Company program displays auto insurance quotes based on driving, so your cost will depend on where and how you are protected. Most drivers provide auto insurance reductions to participate in the updated individual rates.
Along with these well-liked coverage options, Progressive provides obligatory insurance, hitting banks that can be deducted, paying off loans/lease obligations, and so forth. Our staff contacted Progressive to inquire about its poor customer service rating, but we got no answer.
- Nationwide – Top Usage-Based Insurance:
One of the least expensive providers in Colorado is Nationwide, especially for those with a spotty driving record or recent credit ratings. Utilizing company-based insurance, SmartMiles® enables you to distinguish in the auto insurance sector. Pay monthly millage and basic rates under this program. This can be a suitable solution for those who don’t drive or travel frequently.
What is the Cost of Auto Insurance in Colorado?
The cost of auto insurance is slightly greater in Shatabdi than it is in other states. According to our analysis, the median price for full coverage auto insurance for a 35-year-old driver with a spotless driving record and a high credit score was $1,860 per year or $155 per month. Over $1,730, the national average is around 8% higher annually.
Colorado Auto Insurance FAQs:
Is Auto Insurance Required in Colorado?
Yes, all drivers in Colorado are required to carry liability insurance. All plans must include coverage for both property damage and physical injury.
When Should I Get Auto Insurance in Colorado?
The driver is required to obtain special auto insurance before registering his vehicle with the Colorado DMV. Currently, state residents are required to register their cars within 60 days of buying them. After moving to Colorado, residents have 90 days to register their vehicles there.
How Much Is Auto Insurance in My City in Colorado?
Their postal code is just one of the many variables determining auto insurance costs. Colorado residents should anticipate rates marginally less expensive than the state average, or $1,600, in Fort Collins, Boulder, and Arvada. Denver, Lakewood, Aurora, and Pueblo are a few more high-end color states where residents may anticipate tariffs between $1,817 and $1,955, or 13% to 22% higher than the state average.
Keep in mind that your cousin is not affected by your location alone. Your premiums could be more or cheaper than those in the average country, depending on your car, management history, age, credit score, and the level of coverage you select. Hope the previous post gave you a complete explanation of the Best Auto Insurance Companies in Colorado.