Low-cost car insurance in Colorado

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Drivers in Colorado can find the cheapest average premium with American National, at $1,496 per year. By comparison, the statewide average monthly cost is $265. Keep in mind that rates vary for each driver depending on factors like driving record, ZIP code, and vehicle type.

Since auto insurance laws differ by state, Colorado requires drivers to carry at least $15,000 in bodily injury coverage per person, $25,000 in bodily injury per accident, and $50,000 for property damage liability.

For broader protection, full coverage may be a smart option. It combines liability, collision, and comprehensive insurance, giving you coverage not only for other drivers but also for your own vehicle if it’s damaged in a crash, stolen, or affected by severe weather.

Here’s how different insurers stack up for drivers in Colorado, depending on your situation.

Key Takeaways

American National offers the lowest car insurance rates in Colorado, at $1,496 per year, which is about $1,685 the state average.
American National has the lowest car insurance rates for drivers with a history of at-fault accidents, with an average annual cost of $1,985.
The ZIP code 81505 has the low-cost car insurance rates in Colorado, at an average annual rate of $2,330.

Low-cost car insurance companies in Colorado

Among all insurers in Colorado, American National comes in lowest at $1,496 per year – $1,685 less than the statewide average. Keep in mind that your actual premium depends on factors like age, driving history, ZIP code, and the type of car you drive.

Comparing quotes from multiple companies is the best way to make sure you’re getting a competitive rate.

Below are the annual premiums from the cheapest car insurance companies in Colorado.

Company	Average annual rates
American National	$1,496
GEICO	$2,546
Progressive	$2,695
California Casualty	$3,153
Southern Farm Bureau	$3,278
Allstate	$3,938
Farmers	$4,068
Auto-Owners	$4,211
State Farm	$4,217
USAA*	$2,208

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

How we choose low-cost car insurance companies in Colorado

195+

Carriers reviewed

65M+

Quotes analysed

34K+

ZIP codes examined

ZIP codes with the cheapest car insurance in Colorado

In Colorado, drivers living in the 81505 ZIP code enjoy the lowest average annual premium at $2,330. Check the table below to see which other ZIP codes in the state have more affordable rates.

Zipcode	City	Average annual rates
81505	Grand Junction	$2,330
81521	Fruita	$2,344
81506	Grand Junction	$2,345
81501	Grand Junction	$2,346
81507	Redlands	$2,351
81504	Grand Junction	$2,352
81503	Orchard Mesa	$2,376
81520	Clifton	$2,377
81524	Loma	$2,384
81523	Glade Park	$2,402

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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 city

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Low-cost car insurance in Colorado by age

Teenagers pay significantly more for car insurance than adults in Colorado. For instance, a 16-year-old driver pays $10,331 more on average than a 40-year-old.

The following table shows car insurance rates by age group in Colorado.

Age group	Full coverage annual premiums
Teens (16-19)	$10,227
Young Adults (20-24)	$4,855
Adults (25-60)	$3,180
Seniors (65-75)	$3,194

Low-cost car insurance in Colorado by driver history

Insurers weigh your driving record heavily when setting premiums. You can expect your rates to rise if you’re ticketed or at fault in an accident. On the other hand, drivers with clean records are considered lower risk and usually qualify for cheaper coverage.

Low-cost car insurance after a speeding ticket in Colorado

A single speeding ticket in Colorado can push your rates up by 21%, or about $677. Along with the fine, that makes speeding a costly mistake. Here are a few insurers that still provide lower-priced coverage after a ticket.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
American National	$1,496	$1,697	13%	$201
GEICO	$2,546	$3,207	26%	$661
Progressive	$2,695	$3,631	35%	$936
Southern Farm Bureau	$3,278	$4,109	25%	$831
California Casualty	$3,153	$4,240	34%	$1,087
Allstate	$3,938	$4,314	10%	$376
State Farm	$4,217	$4,516	7%	$299
Auto-Owners	$4,211	$4,919	17%	$708
Farmers	$4,068	$5,093	25%	$1,025
USAA*	$2,208	$2,764	25%	$556

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

Low-cost car insurance after an accident in Colorado

Being at fault in an accident will drive your premiums up, but some insurers remain more affordable than others. American National is the lowest-cost option for these drivers, with an average annual premium of $1,985.

If you’ve had an accident, comparing quotes can help you avoid overpaying. See the table below for the cheapest companies after one at-fault accident.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
American National	$1,496	$1,985	33%	$489
Southern Farm Bureau	$3,278	$4,023	23%	$745
Progressive	$2,695	$4,280	59%	$1,585
State Farm	$4,217	$4,840	15%	$623
GEICO	$2,546	$4,944	94%	$2,398
Farmers	$4,068	$5,580	37%	$1,512
California Casualty	$3,153	$5,667	80%	$2,514
Allstate	$3,938	$5,842	48%	$1,904
Auto-Owners	$4,211	$6,161	46%	$1,950
USAA*	$2,208	$3,267	48%	$1,059

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

Low-cost car insurance after a DUI in Colorado

A DUI places you in the high-risk driver category, which usually leads to much higher premiums. Still, some insurers in Colorado are more affordable than others. The table below shows which companies offer the lowest average rates after a DUI conviction.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
American National	$1,496	$2,100	40%	$604
Progressive	$2,695	$3,200	19%	$505
Southern Farm Bureau	$3,278	$3,844	17%	$566
State Farm	$4,217	$4,516	7%	$299
Allstate	$3,938	$5,089	29%	$1,151
GEICO	$2,546	$5,321	109%	$2,775
Farmers	$4,068	$5,439	34%	$1,371
California Casualty	$3,153	$6,624	110%	$3,471
Auto-Owners	$4,211	$7,336	74%	$3,125
USAA*	$2,208	$4,738	115%	$2,530

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

Average cost of car insurance Colorado

Full coverage insurance costs more than minimum liability insurance, but the extra cost is worth it for most drivers. That’s because minimum liability only pays for injuries or damage you cause to others, leaving you to cover repairs or replacement of your own car out of pocket. Full coverage, on the other hand, includes collision and comprehensive insurance, so your vehicle is protected in situations like accidents, theft, storms, or vandalism.

The average cost of full coverage car insurance in Colorado is $603 more than the national average car insurance rates in the U.S.

We recommend that you carry at least coverage limits of 100/300/100 – that’s $100,000 in bodily injury coverage per person, $300,000 per accident, and $100,000 in property damage coverage. These limits provide a better safety net if you’re involved in a serious accident where costs could quickly exceed minimum requirements.

What is full coverage car insurance?

Full coverage car insurance includes bodily injury liability and property damage liability coverage, as well as comprehensive and collision coverage. Collision insurance covers your vehicle if it’s damaged or destroyed in an accident, while comprehensive insurance provides protection against damage that is caused by something other than collisions, such as hail or theft.

If you lease or finance your car in Colorado, your lender may ask you to purchase collision and comprehensive insurance beyond the state-mandated liability coverage.

The bottom line on saving and staying protected

When it comes to car insurance, everyone is looking for ways to save. However, skimping on coverage to save a few dollars now could end up costing you more down the road.

Ensure you’re adequately protected and consider your specific needs before buying an auto insurance policy. Car insurance rates vary, so compare quotes from at least three different companies to find low-cost coverage in Colorado.

Methodology

Insure.com gathered data from Quadrant Information Services to get car insurance rates in Colorado. The rates are based on a sample profile of a 40-year-old male and female driving a Honda Accord LX with a good insurance score and no violation on record for a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductibles.

We analyzed 65,756,440 insurance quotes from 195 insurance companies across 34,595 ZIP codes nationwide.

To determine car insurance rates for high-risk drivers with a history of traffic violations, we used a sample profile of a 40-year-old male and female driver who own a Honda Accord LX.

We also used sample profiles of drivers from different age groups: Teen drivers (Age 16-19), young drivers (Age 20-24), adult drivers (Age 25-60) and senior drivers (Age 65-75)

We determined the premiums for a high-risk driver with the following incidents applied

1 At-fault property damage accident over $2K
1 At-fault property damage accident under $2K
At-fault bodily injury accident
Poor credit
DUI/DWI first offense
Speeding 30+ over limit
Speeding ticket 1-10 MPH over limit
Speeding ticket 11-29 MPH over the limit

These are sample rates, and your exact rates may vary.

Read more about our research standards and methodology.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.