Best Car Insurance in Colorado for 2024
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Different drivers look for different things when choosing the best car insurance in Colorado. You might want a company with a great mobile app, while someone else needs a small, local insurer. And because Colorado drivers may value certain features differently depending on where they live in the state, it can be difficult to figure out which company is the best fit for you.
NerdWallet did the hard work for you and analyzed 20 car insurance companies in Colorado to find the top picks for the following categories:
If you prefer to see a full list of the best car insurance companies in Colorado, you can jump to the bottom of this page.
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.Why you can trust us
As lead writer on NerdWallet’s insurance team, I write extensively about auto insurance and the companies that offer it.
To find the best car insurance companies, I:
Collected data from insurer websites, company representatives, public filings, state regulators and more to find what each company does well, and where there is room for improvement.
Analyzed car insurance rates from pricing analytics company Quadrant Information Services to find the cheapest average rates for full coverage car insurance in the state.
Worked with NerdWallet’s insurance data analysts to fact-check the rates and NerdWallet star ratings in this article.
NerdWallet writers and editors also adhere to strict editorial guidelines which ensure fairness and accuracy in our writing, data analyses and company ratings. So you can rest assured: our business partners don’t sway our recommendations for the best companies found in this article.
Best car insurance in Colorado overall: Travelers
We compared 20 companies to find the best Colorado car insurance, and Travelers had the highest overall score. Our star ratings focus primarily on factors that might affect a customer’s experience with the company.
Read our Travelers auto insurance review to see why this insurer comes out on top.
Travelers
Discounts
Ease of use
NAIC complaints
Travelers
Discounts
Ease of use
NAIC complaints
Best Colorado car insurance for your budget: State Farm
Getting the best of something usually means spending more money. But when it comes to getting the best car insurance in Colorado, the cheapest top-rated company is State Farm, which is also one of NerdWallet’s all-around top picks.
Our analysis showed that the average rate for full coverage insurance from State Farm is $2,262 per year or $189 per month for Colorado drivers. (However, your rate may be different.)
Read our State Farm auto insurance review to learn more.
We don’t have data for every single company that offers coverage to Colorado drivers, so compare car insurance rates from several companies to find which company is cheapest for you.
Check out NerdWallet’s analysis of cheap car insurance in Colorado for a more detailed breakdown of the most affordable insurers in your state.
State Farm
Discounts
Ease of use
NAIC complaints
State Farm
Discounts
Ease of use
NAIC complaints
Best Colorado car insurance for customer complaints: Country Financial
Country Financial is the best car insurance company in Colorado when it comes to customer satisfaction, based on a comparison across auto insurers with top NerdWallet star ratings. The company had the fewest number of complaints to state regulators for a company of its size.
You can learn more about this insurer in our Country Financial auto insurance review.
Country Financial
Discounts
Ease of use
NAIC complaints
Country Financial
Discounts
Ease of use
NAIC complaints
Best Colorado car insurance for ease of use: State Farm
State Farm is the best car insurance company in Colorado when it comes to ease of use. Drivers can manage their policy and submit claims online, and State Farm’s mobile app has excellent user ratings for both iOS and Android devices.
You can learn about more features in our State Farm auto insurance review.
State Farm
Discounts
Ease of use
NAIC complaints
State Farm
Discounts
Ease of use
NAIC complaints
Full list of the best car insurance companies in Colorado
Out of all 20 car insurers NerdWallet analyzed, here is the full list of the best car insurance companies in Colorado, all with a NerdWallet star rating of 4.5 or higher.
» MORE: The best car insurance companies
Methodology
Auto insurance ratings methodology
NerdWallet’s auto insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints and discounts. Our “ease of use” category looks at factors such as website transparency and how easy it is to file a claim. Using our editorial discretion, we also consider customer satisfaction surveys. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines and full ratings methodology for auto insurance.
Insurer complaints methodology
NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2020-2022. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.
Average rates methodology
NerdWallet averaged rates based on public filings obtained by pricing analytics company Quadrant Information Services. We examined rates for men and women for all ZIP codes in any of the 50 states and Washington, D.C. Although it’s one of the largest insurers in the country, Liberty Mutual is not included in our rates analysis due to a lack of publicly available information.
In our analysis, “good drivers” had no moving violations on record; a “good driving” discount was included for this profile. Our “good” and “poor” credit rates are based on credit score approximations and do not account for proprietary scoring criteria used by insurance providers.
These are average rates, and your rate will vary based on your personal details, state and insurance provider.
Sample drivers had the following coverage limits:
$100,000 bodily injury liability coverage per person.
$300,000 bodily injury liability coverage per crash.
$50,000 property damage liability coverage per crash.
$100,000 uninsured motorist bodily injury coverage per person.
$300,000 uninsured motorist bodily injury coverage per crash.
Collision coverage with $1,000 deductible.
Comprehensive coverage with $1,000 deductible.
We used the same assumptions for all other driver profiles, with the following exceptions:
We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit. In states where credit isn’t taken into account, we only used rates for “good credit.”
For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.
For drivers with a DUI, we added a single drunken-driving violation.
We used a 2021 Toyota Camry LE in all cases and assumed 12,000 annual miles driven. We analyzed rates for a 35-year-old driver.
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