The cheapest car insurance in Colorado costs an average of $38 per month ($450 per year), which is significantly less expensive than the national average cost of car insurance. Some of the cheapest car insurance companies in Colorado include American National, Geico, and Southern Farm.
Note: Premiums are representative of a good driver with a minimum coverage policy; individual rates will vary.
Tips for Getting the Cheapest Car Insurance in Colorado
Compare quotes. Comparing quotes from at least three different insurance companies can help you make sure you’re getting a good deal.
Take advantage of discounts. Most car insurance companies offer discounts for things like being a safe driver or taking a defensive driving course. These discounts can help you save a lot on your premium each month.
Choose your coverage carefully. A full coverage policy in Colorado costs 257% more than a minimum coverage policy, on average, so choosing which types of insurance to have can make a big difference to your premium.
Practice safe driving habits. The most dependable way to get great car insurance rates is to be a safe driver. If you’ve had accidents in the past, or you want to brush up on your skills, consider taking a defensive driving course. You may get a discount out of it, and it can help you become a better driver moving forward.
The cheapest liability insurance in Colorado is from American National, which charges an average of $24 per month ($290 annually). In Colorado, having liability insurance from American National can help you save hundreds of dollars each year on your car insurance premiums.
*Premiums are representative of a 45-year-old good driver with minimum coverage; individual premiums will vary.
Liability insurance in Colorado costs an average of $60 per month, so finding the cheapest insurers can help you save. The easiest way to find the cheapest car insurance for your needs is to compare quotes from several insurers and take advantage of all available discounts.
The cheapest full coverage insurance in Colorado is from American National, which charges $169 per month, on average. In comparison, the average cost of full coverage in Colorado is $418 per month.
In general, the easiest way to make sure you’re getting the cheapest full coverage car insurance possible is to compare quotes from several companies and take advantage of all the discounts you qualify for.… read full answer
Note: Premiums are for a good driver in Colorado; individual premiums will vary.
Full coverage car insurance in Colorado costs an average of 257% more than minimum coverage policies because full coverage policies typically consist of comprehensive and collision insurance as well as any coverage required by state law.
You can get car insurance in Colorado by comparing quotes from both national and local insurance companies to find the best deal, then purchasing coverage online, by phone or in person. In Colorado, only liability car insurance is required for all drivers.
You’ll need to have information about yourself and any other drivers you want on your policy, including driver names, addresses, and driver’s license numbers. You will also need details about the vehicles you’d like to insure, such as vehicle makes and models, VINs, and mileage.
2. Decide how you want to purchase insurance
Most insurance companies allow you to purchase car insurance online. You can also purchase it over the phone or in person through a company’s dedicated agent or through an independent insurance broker. Purchasing through an agent or broker instead of online may be better for people who are less tech-savvy and want to have a person walk them through the available options.
3. Look into the required types of insurance in Colorado
In Colorado, drivers must have at least a minimum amount of bodily injury liability and property damage liability insurance.
Type of Coverage
Bodily injury liability
$25,000 per person ($50,000 per accident)
Property damage liability
4. Consider additional types of coverage
You should look into optional types of coverage, like collision and comprehensive. While they aren’t required by state law, lenders and lessors will often require financed vehicles to carry collision and comprehensive insurance, and these types of coverage can help protect your finances.
5. Compare quotes
Comparing prices from several different companies is the best way to make sure you’re getting the best deal.
Always make sure you’re taking advantage of every discount available.
7. Pay for your policy
You’ll need to figure out whether you’d rather pay monthly or pay in full up front. Most companies offer a slight discount for paying up front. When choosing a specific policy, you’ll also need to pick deductibles for certain types of coverage, like comprehensive and collision.
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