Compare Cheap Car Insurance in Colorado

Colorado drivers can find cheap car insurance from providers like State Farm, USAA, and American Family.

Full-coverage car insurance in Colorado averages $236 per month, while the national average is $193. Your specific rate depends on several factors, such as your age, driving history, and location. The best way to determine your cost is to compare quotes from multiple insurers.

Below, we highlight the cheapest car insurance choices in Colorado based on coverage type, driver profile, and provider.

Affordable full-coverage car insurance in Colorado

In Colorado, full-coverage insurance typically costs $236 monthly, while the national average is $193. State Farm, USAA, and American Family are among the cheapest car insurance providers available in the state.

	Average monthly full coverage cost
Colorado average	$236
National average	$193
State Farm	$103
USAA	$132
American Family	$142
Root	$169

Affordable liability-only car insurance in Colorado

State Farm, USAA, and American Family are considered some of the most affordable liability car insurance providers in Colorado.

On average, liability-only coverage in the state costs $108 per month, while the national average stands at $102.

	Average monthly liability-only cost
Colorado average	$108
National average	$102
State Farm	$49
USAA	$63
American Family	$67
Root	$86

Cheap Car Insurance in Colorado by age

Car insurance premiums can vary widely depending on your age. Car insurance for teens often comes with the highest rates, averaging $422 per month in Colorado due to inexperience behind the wheel.

As drivers reach their 20s, average costs begin to fall, with monthly rates around $300. Prices generally continue to decline for those in their 30s and 40s, averaging about $240 and $221 per month.

Rates may begin to rise again in your 60s and 70s. In Colorado, average premiums are $181 per month for those in their 60s and $185 for drivers in their 70s.

These age-based rate differences reflect the varying risk profiles across age groups. Younger drivers are seen as higher risk, and older drivers may face rising rates due to health or driving habits.

Age group	Average monthly full coverage cost	Average monthly liability-only cost
Teens	$422	$194
20s	$300	$138
30s	$240	$110
40s	$221	$102
50s	$202	$93
60s	$181	$83
70s	$185	$85

Cheap Car Insurance in Colorado for high-risk drivers

If you have an accident or moving violation on your record, your insurance rates may be higher. Below are the average monthly rates in Colorado for drivers with a history of an accident, speeding ticket, or DUI, based on car insurance if you have a bad driving record.

Violation	Average monthly full coverage cost	Average monthly liability-only cost
Accident	$320	$147
Speeding ticket	$331	$152
DUI	$367	$169

FAQs

What is the minimum car insurance required in Colorado?

Colorado mandates a minimum liability coverage of $25,000 per person and $50,000 per accident for bodily injury, along with $15,000 for property damage. These are often referred to as 25/50/15 coverage limits.

Can I use my out-of-state car insurance after moving to Colorado?

No, once you become a Colorado resident, you must obtain car insurance that meets the state's minimum requirements. Out-of-state policies are not valid for vehicles registered in Colorado.

What factors influence car insurance rates in Colorado?

Insurance premiums in Colorado can be affected by various factors, including your driving history, age, credit score, type of vehicle, and location. Urban areas may have higher rates due to increased traffic and accident risks.

Are there special considerations for driving in Colorado's mountainous regions?

Yes, mountainous terrains can present unique challenges such as sudden weather changes and wildlife crossings. It's advisable to consider comprehensive coverage and roadside assistance when frequently driving in these areas.

What should I do if I can't afford car insurance in Colorado?

If you're struggling to afford car insurance, consider shopping around for quotes, exploring discounts, or adjusting your coverage levels. Some insurers offer usage-based programs that could lower your premiums based on driving habits.

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Bottom line

Even though these providers may offer the lowest rates in Colorado, they might not be the cheapest option for your unique needs. The smartest approach is to compare quotes from different companies to find the best mix of value and service.

Data throughout provided by Insurify.

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Author Details

Becca Borawski Jenkins

Becca Borawski Jenkins is the Vice President of Content Strategy for FinanceBuzz. She has well over a decade of experience leading teams producing content for finance, health, and fitness websites. She loves to write about saving money, planning for retirement, and credit cards. Her writing has been featured on Escapees.com, MobileRVing.com, and BoondockersWelcome.com.