Home Car insurance Car insurance rates by state Average car insurance cost in Colorado Average car insurance cost in Colorado By Insure.com's Editor | Updated on January 10, 2023 Why you should trust Insure.com Quality Verified At Insure.com, we are committed to providing honest and reliable information so that you can make the best financial decisions for you and your family. All of our content is written and reviewed by industry professionals and insurance experts. We maintain strict editorial independence from insurance companies to maintain editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria. If you are looking for auto insurance in Colorado, knowing how much it will cost is a promising idea. The average premium for car insurance in Colorado is $1,940 per year or $162 per month. While the national average is $1,682. There is a difference of $258 more between the national average and the state average. If you live here, you know that already. But do you know why? There are a range of factors that affect car insurance rates. A few of them are –age group, gender, driving history, credit score, and location where you live. Apart from the factors which affect auto insurance rates, this guide also talks about the average rate of full coverage in state, companies offering cheap monthly premiums for car insurance, average car insurance rates by cities in Colorado, and car insurance rates by age group. Shop around and compare quotes to save money on your auto insurance. Keep reading the guide to make sure the insurance policy does not cost you more than your requirements. Summary of average car insurance cost in ColoradoAverage annual cost$1,940Average per month cost$162Average cost for state minimum coverage$467 / YearCheapest car insurance companyGeico($1,212/ Year)Average cost for young drivers$3,002 / YearAverage cost for Senior drivers$1,842 / Year Key TakeawaysThe average car insurance cost in Colorado is $1,940 per year, based on Insure.com’s analysis.In Colorado, the average premium for car insurance is $162 per month.Geico has the cheapest car insurance rates in Colorado, at an average annual rate of $1,212 a year. Average car insurance cost in Colorado per month In Colorado, the average premium for car insurance is $162 per month. The price for the same coverage may differ between companies, which is true of every auto insurance company. When looking for car insurance rates in Colorado, it is a promising idea to get quotes from many firms. As per the rate analysis conducted by Insure.com, the company which offers cheapest car insurance premiums in Colorado is Geico. The average annual cost is $1,212 while the average cost per month is $101. The second-best option available is, USAA, offering insurance at an average per month cost of $108. The table below lists the other available car insurance companies which offer car insurance in Colorado, along with their average cost per month and average annual cost. Company nameAverage per month costAverage annual costGeico$101$1,212USAA$108$1,300Nationwide$109$1,304State Farm$130$1,565Kemper Insurance$131$1,578Progressive$142$1,704Allstate$177$2,120Auto-Owners$196$2,357Farmers Insurance$228$2,731American Family$228$2,736 Read our guide to best car insurance companies of 2022 Average cost of car insurance by coverage levels in Colorado The amount of coverage you purchase has an impact on how much car insurance costs in Colorado. Your premium is determined by your liability limits, as well as whether you want comprehensive and collision coverage. Liability only insurance protects a third party’s property damage and personal injuries in the event of an accident. In the case of a collision, having only liability coverage on your auto insurance would not cover your injuries or personal property damage since you are the driver responsible for the accident. If your coverage limit is 50/100/50 Liability only, the average cost per year in Colorado is $726. When you add more coverage to your policy, your insurance premium increases. As the insurance provider will have to compensate you if you are in an accident or suffer damage in any other manner. Hence, the average cost of full coverage car insurance in Colorado is $1,940 per year. For someone who does not own the car, but frequently rents a car, non-owner state minimum liability coverage is best suited. It is like liability-only coverage and covers for property damage and bodily injury caused to another driver. In Colorado, the average annual cost for non-owner state minimum liability only is $333. And for those who wish to save money on car insurance premiums can opt to have only the state minimum liability coverage, to be able to legally drive in the state. The state minimum liability only coverage costs $467 per year in Colorado. Coverage limitsAverage annual cost50/100/50 Liability Only$726100/300/100 Liability with $500 Comp/Coll Deductible$1,940Non-Owner State Minimum Liability Only$333State Minimum Liability Only$467 Average car insurance cost in Colorado by City Your car insurance premium is determined by a variety of factors, including your state, city, and even ZIP code. The incidence of accidents and the likeliness of vehicle theft or vandalism can influence the overall cost of a city or ZIP code. The table below depicts the top popular cities in Colorado: CityAverage annual costDenver$2,225Colorado Springs$2,179Aurora$2,285Fort Collins$1,723Lakewood$2,165Thornton$2,026Arvada$1,938Westminster$1,956Pueblo$2,301Centennial$1,970 Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.Car insurance rates in Colorado by cityDenverColorado SpringsAuroraFort CollinsLakewoodAverage car insurance cost in Colorado by age of the driver Age is also a consideration when it comes to auto insurance rates. Teens are more likely to be in automobile accidents than any other generation. For example, the average annual rate for young drivers in Colorado is $3,002 while for seniors is $1,842. Here, the rate for young drivers is $1,160 more than the rate for senior drivers. According to statistics, young drivers are more likely to be in a vehicle accident than more experienced drivers. As a result, they are deemed high-risk and costly to insure. They are considered a high-risk driver because of over-speeding and less driving experience on road. Although, premiums start to rise again about age 70 when some aspects of aging start affecting driving abilities. Average car insurance cost in Colorado for young drivers The average car insurance cost for female young drivers in Colorado is $2,836 per year or $236 per month and rate for a male young driver is $3,168 per year or $264 per month. The average annual rates for young male and female drivers are listed in the table below: Age of driverAverage annual cost for Male driversAverage annual cost for Female drivers18$6,383$5,60319$4,560$3,96320$4,202$3,66921$3,308$2,94022$2,941$2,65323$2,766$2,51524$2,625$2,40025$2,333$2,193 Average car insurance cost in Colorado for senior drivers In Colorado, the cost of car insurance for senior female driver is $1,820 per year or $152 per month and cost of car insurance for male senior driver is $1,865 per year or $155 per month. Age of driverAverage annual cost for Male driversAverage annual cost for Female drivers65$1,775$1,75070$1,908$1,87475$2,139$2,048 Read more about senior car insurance Cheapest cars to insure in Colorado MakeModelAverage annual premiumMazdaCX-5 S$1,689FordTransit Connect Titanium$1,693ChryslerVoyager LX$1,709HondaHR-V EX$1,733HondaCR-V EX$1,739MazdaMX-5 Miata Grand Touring$1,749SubaruForester 2.5I$1,772JeepCompass High Altitude$1,773JeepWrangler Rubicon$1,773GMCSavana G2500$1,787 Most expensive cars to insure in Colorado MakeModelAverage annual premiumMaseratiQuattroporte$6,547AudiRS6 Avant Quattro$5,739MaseratiGhibli Modena$5,674MaseratiGhibli GT$5,519AudiRS E-tron GT$5,357BMWM760i xDrive$5,093MaseratiGhibli Trofeo$5,018MaseratiLevante Trofeo$4,785BMWM8 Competition XDrive$4,722BMW750xi$4,715 Note: For coverage limit: 100/300/50 liability with a $500 comprehensive and collision deductible. Methodology Insure.com gathered data with the help of Quadrant Information Services from major insurance companies across Colorado. The rates are based on the profile of a 40-year-old male who drives a 2021 Honda Accord LX with a clean record and full coverage policy. The coverage limit for a full coverage policy is 100/300/100 liability with a $500 comprehensive and collision deductible. The numbers 100/300/100 represent $100,000 coverage for bodily injury per person, $300,000 in bodily injury per accident and $100,000 for property damage. How much is car insurance in other statesAlaska$1,359/YearAlabama$1,542/YearArkansas$1,597/YearArizona$1,617/YearCalifornia$2,115/YearConnecticut$1,750/YearDelaware$2,137/YearFlorida$2,560/YearGeorgia$1,647/YearHawaii$1,306/YearIowa$1,321/YearIdaho$1,121/YearIllinois$1,578/YearIndiana$1,256/YearKansas$1,594/YearKentucky$2,105/YearLouisiana$2,546/YearMassachusetts$1,538/YearMaryland$1,640/YearMaine$1,116/YearMichigan$2,133/YearMinnesota$1,493/YearMissouri$2,104/YearMississippi$1,606/YearMontana$1,692/YearNorth Carolina$1,368/YearNorth Dakota$1,419/YearNebraska$2,018/YearNew Hampshire$1,307/YearNew Jersey$1,901/YearNew Mexico$1,505/YearNevada$2,023/YearNew York$2,020/YearOhio$1,023/YearOklahoma$1,797/YearOregon$1,244/YearPennsylvania$1,445/YearRhode Island$1,845/YearSouth Carolina$1,894/YearSouth Dakota$1,581/YearTennessee$1,373/YearTexas$1,875/YearUtah$1,469/YearVirginia$1,321/YearVermont$1,158/YearWashington$1,371/YearWisconsin$1,499/YearWest Virginia$1,610/YearWyoming$1,736/YearShow more In case you missed it Best Car Insurance Companies of 2023 Car insurance rates by state: The most expensive and cheapest states for car ins... 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Part 1: How insurance companies spot bogus claims Insurance options for rideshare drivers 10 things that are illegal but shouldn’t be 1/1 Table of contents Average car insurance cost in Colorado per month Average cost of car insurance by coverage levels in Colorado Average car insurance cost in Colorado by City Average car insurance cost in Colorado by age of the driver Cheapest cars to insure in Colorado Most expensive cars to insure in Colorado Get instant quotes now ! Please enter valid zip Get quote