Car insurance rates can fluctuate greatly from one insurance company to the next and depending on personal factors such as your age, ZIP code, driving record and credit history.
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Please enter a valid zip codeTo help you narrow the field and find the cheapest car insurance in Colorado, we researched rates from the nine largest insurers in the state and found the most affordable options for several driver types.
» FIND YOUR MATCH: Who’s the cheapest carrier for you?
Cheapest for good drivers
State Farm was the cheapest carrier we found for Colorado drivers with clean records, at $118 per month, on average. Allstate and American Family come in second and third, respectively.
Insurer | Average price |
---|---|
![]() | $1,420/year $118/month |
![]() | $1,638/year $136/month |
![]() | $1,998/year $166/month |
Cheapest for drivers with poor credit
For Coloradans with spotty credit, State Farm was the cheapest auto insurer we found, with an average price of $219 per month. American Family was a close second at a buck more per month, followed by Esurance.
Insurer | Average price |
---|---|
![]() | $2,633/year $219/month |
![]() | $2,641/year $220/month |
![]() | $3,166/year $264/month |
Cheapest for drivers with one at-fault crash
Colorado drivers with a recent at-fault accident on record might want to look into State Farm, which had an average rate of $138 per month for this group. American Family and Allstate, with average prices of more than $200 per month, round out the list.
Insurer | Average price |
---|---|
![]() | $1,655/year $138/month |
![]() | $2,499/year $208/month |
![]() | $2,671/year $223/month |
Cheapest for low-mileage drivers
Low-mileage drivers in Colorado can get a little price break from State Farm, which had an average quote of $107 per month for this group. That’s also true for second-placed American Family, but not for Allstate, which comes in third and charges the same average rate for this group as for regular-mileage drivers.
Insurer | Average price |
---|---|
![]() | $1,283/year $107/month |
![]() | $1,413/year $118/month |
![]() | $1,998/year $166/month |
Cheapest for minimum coverage
Safeco was the cheapest carrier we found for minimum coverage in Colorado, at about $39 per month, on average. State Farm and Progressive round out the cheapest three, showing you can get minimal auto insurance in the Centennial State for roughly $50 per month or less.
Insurer | Average price |
---|---|
![]() | $463/year $39/month |
![]() | $525/year $44/month |
![]() | $603/year $50/month |
Cheap for military families

- Available only to active military members, veterans and their families.
If you’re an active member of the military or a veteran, or if you have an immediate family member who is, you can get a relatively low rate with USAA insurance, which isn’t available to the general public. USAA was the cheapest option overall for every category listed above, sometimes by a significant amount.
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.
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 Motor Vehicle Plan.
For more help finding Colorado car insurance at the most competitive price, try NerdWallet’s comparison shopping tool.
Here’s a summary of where you’ll find the cheapest car insurance in Colorado, by category:
Cheapest car insurance in Colorado
Category | Cheapest option |
---|---|
Good drivers | State Farm |
Drivers with poor credit | State Farm |
Drivers with one at-fault crash | State Farm |
Low-mileage drivers | State Farm |
Minimum coverage | Safeco |
Cheap for military families | USAA |