State Farm has the best cheap car insurance in Colorado, at $162 per month for full coverage.

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Best cheap car insurance in Colorado

How we chose the top companies

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1 million+ quotes from 9 top companies
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50+ years of experience helping drivers save

Best and cheapest car insurance in Colorado

Monthly rates based on full coverage car insurance for a 30-year-old man. Some rates use different ages or coverage limits.


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State Farm, Geico and Auto-Owners all have reliable customer service and cheaper-than-average rates. Progressive also has cheap rates, but its customer service isn't great.

State Farm and Geico offer online quotes, so you can quickly find the best rates for you. However, you'll need to contact an agent to get a quote from Auto-Owners.

Cheapest car insurance quotes in Colorado: State Farm

State Farm has the cheapest full coverage car insurance in Colorado.

Full coverage from State Farm costs around $162 per month. That's $79 per month less than the Colorado average.

Auto-Owners and Geico also have affordable full coverage rates, at $181 and $189 per month, respectively.

Cheapest Colorado vehicle insurance quotes

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The average cost of auto insurance in Colorado is $241 per month for a full coverage policy.

That's $66 more expensive than the United States average. This is largely because Colorado has severe weather that damages cars, and many more car thefts than other states.

Cheapest full coverage car insurance in Colorado

Company
Monthly rate
State Farm logo
State Farm$162
Auto-Owners logo
Auto-Owners$181
Geico logo
Geico$189
American Family logo
American Family$211
Progressive logo
Progressive$214
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*USAA is only available to current and former military members and their families.

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If you or someone in your family is a military member or veteran, you should also get a quote from USAA.

Full coverage from USAA costs an average of $153 per month, which is the cheapest rate in Colorado.

Cheapest liability insurance in Colorado: State Farm

State Farm has the best cheap liability insurance in Colorado, at $57 per month.

That's $23 per month cheaper than the Colorado state average of $81. Progressive, Geico, American Family and Auto-Owners also offer below-average rates for liability insurance.

Best cheap liability car insurance in CO

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*USAA is only available to current and former military members and their families.


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Cheap Colorado insurance for teens: State Farm

State Farm has the cheapest car insurance for young drivers in Colorado.

Liability-only car insurance from State Farm costs $198 per month for an 18-year-old driver. That's $89 per month less than the Colorado average.

State Farm's full coverage insurance costs $467 per month, which is $260 per month cheaper than the state average.

Colorado auto insurance quotes for teens

Company
Liability only
Full coverage
State Farm$198$467
Geico$207$518
American Family$208$596
Auto-Owners$259$592
Progressive$291$911
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*USAA is only available to current and former military members and their families.

Minimum coverage in Colorado costs an average of $287 per month for an 18-year-old driver. That's $206 more per month than a 30-year-old driver pays for the same coverage.

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The best way for young drivers to save on car insurance is by sharing a policy with their parents. This is typically much cheaper than buying two separate policies.


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You can also lower your rates with discounts geared toward young drivers. For example, most companies offer a good student discount to full-time students with a 3.0 GPA or better.

Cheap Colorado auto insurance after a speeding ticket: State Farm

State Farm has the cheapest quotes for drivers with a recent speeding ticket. A full coverage policy from State Farm costs around $174 per month. That's $136 per month cheaper than the state average.

Cheapest car insurance in CO after a speeding ticket

Company
Monthly rate
State Farm$174
Auto-Owners$188
American Family$248
Geico$253
Allstate$330
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*USAA is only available to current and former military members and their families.

Cheapest insurance in Colorado after an accident: State Farm

State Farm has the cheapest full coverage insurance after an accident. Full coverage from State Farm costs $186 per month, which is half the state average.

The next-cheapest company, Auto-Owners, costs $115 more per month than State Farm.

Affordable car insurance in Colorado after an accident

Company
Monthly rate
State Farm$186
Auto-Owners$301
American Family$312
Geico$358
Progressive$384
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*USAA is only available to current and former military members and their families.

Car insurance companies in Colorado raise rates by an average of 56% after an accident. That's an average increase of $135 per month for full coverage insurance.

There are a number of ways you can lower your insurance rates after an accident.

  1. Compare rates from multiple companies. The difference between the cheapest and most expensive company in Colorado after an accident is $400 per year. This means you could save a lot of money just by shopping around for the best rate.
  2. Qualify for discounts. You can typically save quite a bit by bundling your auto insurance with a home or renters policy. Many companies also offer safe driving programs, which track your driving with a phone app or plug-in device. These programs allow you to earn a large discount by practicing safe driving habits, like driving the speed limit.
  3. Get rid of any coverage you don't need. For example, if you own your car outright, you can consider canceling your comprehensive and collision coverage. These coverages can be costly, but without them, your insurance won't pay for damage to your vehicle after an accident.

Cheapest quotes in CO for teens after a ticket or accident: State Farm

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State Farm has the cheapest quotes for teens with a recent speeding ticket on their records. Liability-only coverage from State Farm costs around $218 per month for an 18-year-old with a traffic ticket. That's $115 per month cheaper than the state average.


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State Farm is also the cheapest option for young drivers after an accident. At $240 per month for liability coverage, State Farm is $163 per month cheaper than the state average.


Cheap insurance in Colorado for teens with a ticket or accident

Company
Ticket
Accident
State Farm$218$240
American Family$226$306
Geico$244$333
Auto-Owners$272$461
Allstate$374$587
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*USAA is only available to current and former military members and their families.

Young drivers with a ticket or accident typically pay more for car insurance than those with a clean record. Colorado quotes increase by around 16% for young drivers after a speeding ticket and 40% after an accident.

Don't rush to switch car insurance companies right after a ticket or accident.

Your insurance typically won't go up until your policy renews. As such, you should start comparing quotes a few weeks before your current policy expires.

Cheap auto insurance in Colorado after a DUI: Progressive

Progressive has the cheapest quotes in Colorado for drivers with a recent DUI. Full coverage from Progressive costs an average of $324 per month. That's less than the average rate after a DUI in Colorado by $105 per month.

Most affordable CO car insurance after a DUI

Company
Monthly rate
Progressive$324
Geico$353
American Family$368
Auto-Owners$374
State Farm$377
Show All Rows

*USAA is only available to current and former military members and their families.

A DUI is a serious driving offense, so it's common to see a large rate increase afterward. On average, car insurance companies in Colorado raise rates by 78% after a DUI. That's an average increase of $188 per month for a full coverage policy.

Best car insurance in CO for drivers with poor credit: Geico

Geico has the lowest quotes for Colorado drivers with poor credit, at around $280 per month. That's $192 per month cheaper than the average price of other top companies in Colorado.

Inexpensive car insurance in Colorado if you have poor credit

Company
Monthly rate
Geico$280
American Family$359
Progressive$386
Allstate$503
Nationwide$511
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*USAA is only available to current and former military members and their families.

A poor credit score doesn't mean you're a bad driver. However, insurance companies see it as a sign that you're more likely to file a claim. As a result, drivers in Colorado with poor credit pay $231 per month more for full coverage than drivers with a good credit score.


Best car insurance in Colorado

State Farm has the best-rated car insurance for most people in Colorado.

State Farm has affordable quotes, dependable customer service and useful coverage options.

Top auto insurance companies in Colorado

Company
Editor's rating
JD Power
AM Best
USAA
739A++
State Farm
657A++
Auto-Owners
654A++
Geico
637A++
Nationwide
641A
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Drivers with military ties can find the best car insurance at USAA. However, USAA only sells policies to people in the military, veterans and their families.

Average car insurance cost in Colorado by city

Glendale, a suburb of Denver, is the most expensive city for car insurance in Colorado.

Full coverage quotes in Glendale cost an average of $268 per month. That could be because Glendale has more property crime than an average Colorado town.

Fruita, a small desert town near Grand Junction, has the cheapest rates in Colorado, at $174 per month.

Colorado car insurance quotes by city

City
Monthly Rate
% from average
Acres Green$2386%
Agate$25012%
Aguilar$2334%
Air Force Academy$2397%
Akron$24811%
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Compare Rates

Location is just one factor that affects auto insurance quotes. Rates are typically more expensive in areas that have more car accidents and thefts or severe weather.

Rates are also usually more expensive in big cities. Car insurance in Denver, the state capital and the biggest city in Colorado, is 19% more expensive than the state average.


Colorado auto insurance minimums

All drivers in Colorado must have liability insurance to pay for damage caused in an accident. Policies must have limits of at least 25/50/15.

Colorado drivers can buy more coverage than the state requirement. Options include coverage for uninsured motorists, medical payments, collision and comprehensive.

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What's the best car insurance coverage for Colorado drivers?

Full coverage insurance is the best choice for most Colorado drivers.

  • A full coverage policy includes comprehensive and collision. These coverages pay for repairs to your own car, even if you cause an accident.

    If you have a car loan or lease, your lender may require you to get full coverage. It's also smart to get full coverage if your car is worth more than $5,000 or is less than eight years old.

  • The cheapest car insurance is a liability policy that meets Colorado's minimum coverage requirements.

    A minimum coverage policy in Colorado pays only for damage or injuries you cause in a car accident.

Frequently asked questions

How much is a full coverage insurance policy in Colorado?

In Colorado, full coverage car insurance costs an average of $241 per month. State Farm offers the cheapest full coverage rates in Colorado, at $162 per month.

What's the cheapest car insurance in Colorado?

State Farm has the cheapest insurance for most drivers in Colorado. Liability coverage costs $57 per month, and full coverage costs $162 per month. USAA has even better rates, but only military members, veterans and their families are eligible.

How much is car insurance in Fort Collins, CO?

Fort Collins car insurance costs an average of $204 per month for a full coverage policy. That's $39 per month less than the state average. In comparison, car insurance in Colorado Springs costs around $248 per month.

Does Colorado have high car insurance rates?

Yes, Colorado car insurance rates are high compared to the rest of the country. Colorado is the fifth-most expensive state for full coverage and the 16th-most expensive state for a minimum liability coverage policy. Colorado car insurance quotes are expensive because of the state's extreme weather conditions, high auto theft rates and fast-growing population that puts residents at greater risk for accidents.

Who has the best auto insurance in Colorado?

The top insurance companies in Colorado are USAA and State Farm. These companies consistently get positive reviews for their claims processes and have reputations for dependable customer service.


Methodology

ValuePenguin experts collected thousands of quotes from all ZIP codes across Colorado. Rates are for a 30-year-old single man with good credit and no prior insurance claims. He owns a 2015 Honda Civic EX.

Full coverage insurance includes comprehensive and collision coverage and higher liability coverage limits than state minimums.

  • Bodily injury liability: $50,000 per person; $100,000 per accident
  • Property damage liability: $25,000 per accident
  • Uninsured or underinsured motorist bodily injury: $50,000 per person; $100,000 per accident
  • Comprehensive and collision: $500 deductible

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurance company filings and should be used for comparative purposes only. Your own quotes may be different.

Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.