Non-owner auto insurance in Colorado: Which company has the cheapest rates?

Why you can 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 our editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria.

Non-owner auto insurance in Colorado is $333 annually, which is $47 lower than the rest of the country on average, according to Insure.com’s 2023 rate analysis.

Many companies offer these policies in Colorado, such as Geico, Kemper Insurance and State Farm.

Non-owner car insurance is a policy for people who don’t own a car but often borrow or rent a vehicle. It provides liability coverage for bodily injury and property damage in case you get in an accident while driving a car owned by someone else.

“Non-owner policies provide the minimum coverage required by the state, as well as some optional add-ons, but there are specific requirements by the insurance carriers to provide this coverage in lieu of a traditional auto insurance policy,” says Patti Clement, senior vice president of private client services at HUB International, a leading personal insurance brokerage.

In addition to understanding the various requirements, it’s important to learn what non-owner insurance is, which companies offer it and how much it costs in Colorado.

How much does non-owner auto insurance cost in Colorado?

Non-owner insurance is usually less expensive than typical auto insurance—insurers consider non-owner policyholders as less risky because they have minimal access to a vehicle.

On average in the United States, it costs $1,682 per year for a 100/300/100 full coverage insurance policy. This includes $100,000 for injuries you might cause in an accident, up to $300,000 per accident, and an additional $100,000 for property damage. This applies to drivers with a clean driving record and good credit score. In Colorado, the cost is $1,804.

Alternatively, non-owner car insurance costs $333 a year in Colorado and $380 a year on average in the U.S.

However, various factors affect individual rates, such as which insurer you buy from, your age and driving history and also where in Colorado you live.

Which insurer offers the cheapest non-owner insurance rates in Colorado?

In Colorado, Auto-Owners’ non-owner insurance policy is the cheapest at $68 on average.

At $513, Farmers Insurance charges the highest rate for non-owner insurance in the state.

To find the best price, compare quotes from different insurance companies. Below is a list of the cheapest non-owner insurance available in the state.

Cheapest non-owner insurance rates in Colorado

Note that USAA only offers coverage to military members, veterans and their families.

How much is non-owner car insurance in Colorado by age?

Age is also an important factor when it comes to pricing. Statistically, young drivers are a higher risk because they haven’t been driving for long and are more likely to cause an accident than older, more experienced drivers. In Colorado, a 45-year-old will pay $333 annually on average for a non-owner insurance policy compared to a 16-year-old driver who will pay $1,451 on average.

Average non-owner auto insurance rates in Colorado by age and gender

Which Colorado cities have the cheapest non-owner auto insurance?

From city to city, prices can vary. When insurance companies set rates, they consider the frequency of thefts, collisions and vandalism within an area.

Below are charts displaying the cities in Colorado that have the least and most expensive non-owner auto insurance rates.

The 20 Colorado cities with the lowest non-owner car insurance rates

The 20 Colorado cities with the highest non-owner car insurance rates

How much is non-owner auto insurance in Colorado’s 10 biggest cities?

The largest cities in Colorado can have significantly different non-owner insurance rates. The non-owner insurance price in Aurora is the highest at $364. Fort Collins has the least expensive rates among the largest cities in the state at $280.

Non-owner car rates in Colorado’s 10 largest cities.

How non-owner insurance rates in Colorado compare to rates in other states

The rates for non-owner car insurance will vary between states too. The average non-owner insurance rate in Colorado is $333, which is lower than the national average of $380. South Dakota is the cheapest at $170 annually, followed by Idaho at $190 a year and then Iowa at $193 per year.

Non-owner car insurance rates in the 10 most populous states

How to get non-owner car insurance in Colorado

Your driver’s license number and a credit or debit card are all you’ll need to get a non-owner insurance policy.

To purchase a policy, follow these steps:

1. Contact a car insurance agent about the coverage
2. Supply your basic driving history
3. Review the information you receive on the insurers and rates
4. Choose the policy that best meets your needs
5. Put down a payment to begin coverage

In many cases, you’ll get proof of insurance almost immediately.

For a non-owner car insurance policy quote, you must call your insurer instead of visiting their website.

“The most efficient way to go about finding the most affordable non-owner insurance is to work with an insurance broker, who is able to shop multiple insurance companies to find the best price,” says Lauren McKenzie, an insurance agent with A Plus Insurance.

Here are some insurance companies with phone numbers to call for a non-owner insurance quote.

• State Farm: 800-782-8332
• Geico: 800-207-7847
• Progressive: 888-671-4405
• Allstate: 800-726-6033.
• USAA: 800-531-8722

Methodology

Insure.com in 2023 compiled non-owner insurance rates from Quadrant Information Services for a 40-year-old male with a good driving record looking for a state minimum, liability-only policy.