Cheap car insurance in Colorado
American National offers the cheapest full coverage in Colorado, with an average rate of $104 per month. For those seeking bare-bones coverage, the absolute cheapest car insurance in Colorado is California Casualty, with an average rate of $16 per month for minimum coverage, according to NerdWallet's May 2025 analysis.
Cheapest full coverage car insurance in Colorado
How NerdWallet’s editorial team determined these rates: Once a month, NerdWallet’s car insurance data team analyzes more than 500 million sample car insurance rates provided by Quadrant Information Services to find the auto insurers offering the cheapest rates. Our data analysis combines hundreds of hours of rigorous data vetting, thorough optimizing and extensive engineering work to provide you with the cheapest car insurance companies in Colorado on a monthly basis.
The quotes you get when you shop around may be different because insurers will use your personal characteristics — like age, driving record, the car you drive and where you live — to determine how much you’ll pay for a policy. But you can use the rates in our analysis to get a sense of cheap companies in the Centennial State, and which insurers you may want to get a quote from.
Did your rates go up? Auto insurance prices are on the rise in Colorado. Be sure to get car insurance quotes from three or more companies to find the lowest rate possible.
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.Best cheap car insurance in Colorado
GEICO
With nationwide availability and a raft of discounts, GEICO is a popular, and often affordable, choice for car insurance.- Robust website and mobile app.
- Many discounts available.
- Doesn't offer gap insurance.
- Limited network of local agents.
- Below average customer satisfaction for auto insurance claims in a recent J.D. Power study.
Minimum coverage cost per year, on average
$495
Minimum coverage cost per month, on average
$41
Full coverage cost per month, on average
$216
If you want the best and cheapest company in Colorado, look no further than GEICO. Not only does it have an affordable minimum coverage rate of $41 per month, it also boasts a 4.5 NerdWallet star rating thanks to the company's strong financial strength, extensive list of discounts and few complaints to state regulators.
GEICO offered the cheapest median rate for minimum coverage for Colorado drivers out of all the top-ranking insurers in the state, based on NerdWallet’s January 2025 analysis.
To see the full list of best companies in the state, check out our roundup of the best car insurance in Colorado.
Colorado car insurance by city
Your ZIP code is one of the key factors in determining what you’ll pay for auto insurance. Here are the median annual rates for minimum coverage car insurance in some of Colorado’s most popular cities:
Aurora
Average cost of minimum coverage: $876 per year.
Learn more about cheap car insurance in Aurora.
Colorado Springs
Average cost of minimum coverage: $833 per year.
Learn more about cheap car insurance in Colorado Springs.
Denver
Average cost of minimum coverage: $865 per year.
Learn more about cheap car insurance in Denver.
Local insurers like Colorado Farm Bureau Insurance are a good place to start when looking for cheap car insurance in Colorado. Smaller, regional insurers often offer more affordable rates than the larger, more recognizable companies.
Cheap auto insurance in Colorado by age
Your age is one of the most important factors in determining how much you'll pay for car insurance. Below you'll find the cheapest insurance companies for young drivers, millennials and seniors.
Cheapest car insurance in Colorado for young drivers
Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.
Young drivers in Colorado with clean driving records may want to consider the following companies, which had the lowest average rates for minimum coverage among 20-year-olds:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| American National | $449 | $37 |
| California Casualty | $553 | $46 |
| GEICO | $871 | $73 |
| Colorado Farm Bureau | $884 | $74 |
| Progressive | $1,121 | $93 |
Cheapest car insurance in Colorado for millennials
Colorado millennials with clean driving records may want to consider the following companies, which had the lowest average rates for minimum coverage among 35-year-olds:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| California Casualty | $193 | $16 |
| American National | $207 | $17 |
| Grange Insurance Association | $312 | $26 |
| Progressive | $422 | $35 |
| Colorado Farm Bureau | $425 | $35 |
Cheap auto insurance in Colorado for seniors
Car insurance costs may start to rise for senior drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.
Senior drivers in Colorado with clean driving records may want to think about getting quotes from these companies, which had the lowest average minimum coverage rates for 70-year-old drivers:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| California Casualty | $223 | $19 |
| American National | $249 | $21 |
| Grange Insurance Association | $350 | $29 |
| Progressive | $351 | $29 |
| GEICO | $539 | $45 |
Cheapest car insurance in Colorado by driving record
Having a driving violation on your record is likely to increase your car insurance premium. How much more you’ll pay depends on the type of violation, your car insurance carrier and your other personal characteristics.
NerdWallet found the companies offering the lowest car insurance rates for 35-year-old Colorado drivers with different driving records. If you have multiple violations on your record, consider looking into the best high risk car insurance companies.
Cheapest car insurance in Colorado after a speeding ticket
If you recently got a speeding ticket in Colorado, check out these companies we found with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| American National | $251 | $21 |
| California Casualty | $274 | $23 |
| Grange Insurance Association | $382 | $32 |
| Colorado Farm Bureau | $532 | $44 |
| State Farm | $588 | $49 |
Cheapest car insurance in Colorado after an accident
If you were in a crash recently, check out these companies we found with the lowest average rates for minimum coverage in Colorado:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| American National | $315 | $26 |
| California Casualty | $320 | $27 |
| Grange Insurance Association | $444 | $37 |
| Colorado Farm Bureau | $518 | $43 |
| State Farm | $705 | $59 |
Cheapest car insurance in Colorado after a DUI
If you have a DUI on your record, check out these companies we found with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| American National | $337 | $28 |
| California Casualty | $405 | $34 |
| Grange Insurance Association | $588 | $49 |
| Colorado Farm Bureau | $604 | $50 |
| Progressive | $672 | $56 |
» MORE: Cheap car insurance after a DUI
Cheap car insurance for drivers with poor credit
Your credit history can impact how much you pay for auto insurance. Many insurers in Colorado use a credit-based insurance score to price their policies.
Here are the companies that offer the cheapest median minimum coverage rates in Colorado for people with blemished credit.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| California Casualty | $348 | $29 |
| Grange Insurance Association | $418 | $35 |
| GEICO | $615 | $51 |
| Progressive | $646 | $54 |
| American National | $695 | $58 |
Cheapest car insurance for military families in Colorado
If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.
Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest five auto insurance options for 58 of the 70 driver profiles we examined.
USAA
USAA offers insurance to active military, veterans and their families only.- High customer satisfaction ratings.
- One-stop shop for insurance as well as banking and investing products.
- Policies available in all states and Washington, D.C.
- Available to active military, veterans and their families only.
Minimum coverage cost per year, on average
$344
Minimum coverage cost per month, on average
$29
Full coverage cost per month, on average
$176
Perks of choosing a regional insurer in Colorado
It's worth looking into smaller, regional insurers that may offer extra benefits to Colorado drivers. Grange Insurance Association, California Casualty and Colorado Farm Bureau are smaller insurers available in Colorado and offer some of the lowest median minimum coverage rates in the state.
Additionally, Colorado Farm Bureau offers discounts for car rentals, farm and office equipment, hotel stays, and more. Members also have access to banking services and mortgage loans through the Farm Bureau.
Other insurers also provide perks with their auto policies. CSAA Insurance Group policyholders get access to AAA membership benefits like ski-pass discounts to Vail Resort and Mountain Collective, which includes access to resorts in Aspen and Arapahoe Basin, as well as many other ski resorts outside Colorado. This insurer also provides discounts in areas like entertainment, dining and travel.
Reddit users’ take on cheap car insurance in Colorado
Reddit is an online forum where users share their thoughts in “threads” on various topics. The popular site includes plenty of discussion on financial subjects like auto insurance, so we sifted through Reddit forums to get a pulse check on how users in Colorado have managed to find cheap car insurance. People post anonymously, so we cannot confirm their individual experiences or circumstances.
Reddit threads discussing cheap Colorado car insurance include mentions of various companies, since insurers will give different quotes depending on each user’s unique personal characteristics. Some of the companies mentioned are AAA, Progressive, Fred Loya, GEICO, Costco Connect, SafeCo and Compass.
Reddit users discussing cheap car insurance in Colorado often mention using an independent car insurance agent or insurance broker to help them find affordable rates. Shopping through an agent or broker can be useful for comparing quotes from many different insurers at once, plus getting quotes from smaller insurers you may not be familiar with.
Working with an independent agent and broker can also be helpful when bundling multiple types of insurance, because they can find the best rates for you for each type of coverage.
Minimum auto insurance limits required in Colorado
Colorado drivers are required to carry liability insurance, which helps pay for others' injuries or property damage if you're responsible for a crash.
The minimum coverage levels you must buy in Colorado are:
$25,000 bodily injury liability per person.
$50,000 bodily injury liability per accident.
$15,000 property damage liability per accident.
Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.
But it’s often best to buy more than the bare minimum to avoid being left vulnerable to lawsuits or major accident bills. You also want to consider other coverage types such as collision and comprehensive, which pay for damage to or theft of your own car.
Check out NerdWallet's guide to state car insurance requirements.
Alternative car insurance in Colorado
Colorado drivers who can’t get coverage on the open market because of past crashes or other factors can apply for coverage through the Colorado Automobile Insurance Plan.
For more help finding Colorado car insurance at the most competitive price, try NerdWallet’s comparison shopping tool.
We nerd out on car insurance
NerdWallet’s editorial team takes pride in providing highly-researched resources that empower our readers to make informed decisions about their car insurance.
Here’s why you can trust NerdWallet:
We do our homework. All of our auto insurance content is diligently fact-checked before publication. Additionally, our editorial team regularly evaluates and reviews many of the auto insurance companies we write about. This means the star ratings you see on our company reviews remain up-to-date.
We analyze the data. NerdWallet updates our published car insurance rate averages once a month. To do that, we rigorously analyze more than 500 million auto insurance rates from across the country provided by Quadrant Information Services.
We are unbiased. NerdWallet’s content is solely editorial, and is never influenced by our business partners and advertisers. Learn more about how we write in our editorial guidelines.
METHODOLOGY
For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.
For full coverage policies, we used the following coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.
We used a 2022 Toyota Camry LE for all drivers and assumed 12,000 annual miles driven.
We analyzed rates for drivers 20 to 70 years old in 10-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.
We used the same assumptions for all other driver profiles, with the following exceptions:
For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.
We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.
For drivers with a DUI, we added a single drunken driving violation that happened six months ago.
We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.
These are rates generated through Quadrant Information Services. Your own rates will be different. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.
