Question: Who has the best car insurance rates in Colorado?

Provider Average annual full coverage premium J.D. Power customer satisfaction score (Southwest region)
American Family $1,909 834/1,000
Geico $1,106 834/1,000
Progressive $3,024 803/1,000
State Farm $1,696 826/1,000

Who has the cheapest car insurance in Colorado?

Find Cheap Auto Insurance Quotes in Colorado

Rank Company Average annual rate
1 State Farm $438
2 Geico $589
3 Progressive $648
4 Allstate $737

What is the average cost of car insurance in Colorado?

The average car insurance rate in Colorado is $1,757 per year — 14% more than the national average. Aside from where you live, car insurance premiums are impacted by many factors. Auto insurance prices are based on a number of components, including your credit score, driving record, age, gender, and marital status.

Who has the most affordable auto insurance?

Cheapest car insurance companies

Company Average annual rate
1. Geico $380
2. State Farm $550
3. Progressive $577
4. Farmers $656
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Why is Geico so expensive in Colorado?

Car insurance in Colorado is expensive because the state has several densely populated cities with more drivers and more accidents, which drives rates up. In Colorado, you can expect to pay approximately $1,696 per year for full coverage car insurance or $636 per year for minimum coverage.

Is car insurance cheap in Colorado?

Cheapest minimum coverage car insurance in Colorado for 30-year-olds. Drivers in Colorado who want their state’s minimum coverage can check with the following companies, which had the lowest average rates: American National: $202 per year. Geico: $273 per year.

Is Colorado a no fault state?

Colorado used to be a no-fault state, but since 2003, it is not any longer. Now, Colorado is an at-fault state. If you sustained injuries in a car accident, you must file a claim with the at-fault driver’s insurance.

What is the average cost of car insurance in Colorado per month?

In our research, we found that average car insurance cost in Colorado (CO) is $553 per year ($46 monthly) for a state minimum and $1,948 yearly ($162 monthly) for a full coverage policy.

How much is full coverage insurance in Colorado?

The typical car insurance rate in Colorado is $1,435 per year — more than the national average by 0.6%. Your car insurance premiums are impacted by factors aside from the state in which you live.

What is a fair price for car insurance?

The national average cost of car insurance is $1,592 per year, according to NerdWallet’s 2021 rate analysis. That works out to an average car insurance rate of about $133 per month. But that’s just for a good driver with good credit — rates vary widely depending on your history.

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What are the worst insurance companies?

The following list contains the 11 WORST insurance companies in America:

  • State Farm. …
  • Anthem. …
  • Farmers. …
  • UnitedHealth. …
  • Global Life. …
  • Liberty Mutual. …
  • USAA. …
  • Progressive.


Who is cheaper than Geico?

State Farm is the best option for most drivers looking for the most affordable car insurance. The rates State Farm offered for a full coverage policy were $427 more affordable per year than Geico’s, and were even cheaper than those from Progressive, Allstate or Farmers.

Who has the cheapest car insurance for seniors?

The cheapest insurer that is most widely available for 65-year-olds is State Farm. Your car insurance rates depend on a variety of personal characteristics, including location, driving history and age.

Did Colorado car insurance go up?

In Colorado, average yearly car insurance premiums increased by $272 in the past year. The usual driver in Colorado now pays an average rate of $1,682 each year. The general trend in Colorado is leaning toward more expensive car insurance costs. From 2015 to 2018, rates went up by an average of $323 each year.

Is car insurance cheaper in Colorado than Florida?

Florida vs. Colorado car insurance — average rates. … The average annual auto insurance rate in Colorado is $404 less expensive than the average rate in Florida. The exact cost will depend on your coverage level, driving and insurance history, and your auto insurance company.

Why are auto insurance rates going up in Colorado?

The more claims insurance companies receive, the higher the rates of drivers will go. Insurance companies must be in a position where they are not paying out more in claims than they are making in premiums, which is why the cost of insurance has rocketed for drivers across Colorado.

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