Candace Baker, Car Insurance Writer
@candacebaker
The city in Colorado with the least expensive auto insurance premiums is Montrose, which has an average annual premium of $1,071 per year. By comparison, the overall average cost of car insurance in Colorado is $1,585 per year.
Cheapest Cities for Car Insurance in Colorado
- Montrose: $1,071 per year
- Grand Junction: $1,127 per year
- Durango: $1,211 per year
- Canon City: $1,299 per year
Some cities in Colorado have cheaper car insurance premiums than others because insurance companies take a driver's ZIP code into account when calculating their premium, alongside other factors. For example, drivers who live in dense urban areas typically pay more for coverage than drivers in rural areas because they're more likely to get into an accident. And if an area has a particularly high theft rate, car insurance may be more expensive due to the risk of vehicles being stolen.
You can reduce the amount that you'll pay for car insurance by getting quotes from at least three different companies and comparing your options on a regular basis. You can start with WalletHub's picks for the cheapest car insurance companies in Colorado.
Cheapest Car Insurance in Colorado
To learn more, check out WalletHub's guide to the cheapest car insurance in Colorado.
People also ask
Does ZIP code affect car insurance?
Yes, ZIP codes affect car insurance premiums. Drivers in the most expensive ZIP codes in New York and California, for example, pay an average of about $3,500 more per year for full-coverage car insurance than drivers in the least expensive areas of those states. And drivers in the most expensive states for car insurance, like New York, can expect to pay at least $700 more per year for minimum coverage than drivers in the least...
read full answer by WalletHub, Financial CompanyHow much is car insurance in Colorado per month?
Car insurance in Colorado costs $42 per month or $606 per year for minimum coverage, on average. The cheapest car insurance companies in Colorado are American National, Southern Farm Bureau, and GEICO, and getting quotes from several companies can help you find the best deal.
The average cost of car insurance in Colorado is 10% lower than the national average auto insurance premium. There are several factors that affect how much you'll pay for car insurance...
read full answer by Candace Baker, Car Insurance WriterHow much car insurance do I need in Colorado?
Colorado law requires you to have $25,000 in coverage for one person’s bodily injury or death, up to $50,000 total per accident. Colorado also requires you to carry at least $15,000 in coverage for other people’s property damage when you are at fault.
How Much Car Insurance Drivers Need in Colorado
| Coverage Type | Minimum Coverage Limit |
| Bodily Injury Liability Coverage (per person) | $25,000 |
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