How much is the cheapest car insurance in Colorado?

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.

Cheapest Liability Insurance in Colorado

*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.

To learn more, check out WalletHub’s guide to the cheapest car insurance companies in Colorado.

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

Cheapest Full Coverage Car Insurance in Colorado

1. American National – $169 per month
2. Geico – $214 per month
3. Southern Farm Bureau – $215 per month
4. State Farm – $234 per month
5. USAA – $249 per month

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.

To learn more, check out WalletHub’s picks for the cheapest full coverage car insurance nationwide.

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.

7 Steps to Get Car Insurance in Colorado

1. Gather vehicle and driver details

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.

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.

Cheapest Car Insurance Companies in Colorado

6. Check for discounts

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.

To learn more, check out WalletHub’s guide to getting car insurance.