In this review, we’ll discuss our top picks for car insurance in Colorado, their average premiums, and the Centennial State’s minimum coverage requirements. Our team compared the nation’s best car insurance companies, and we discovered that Geico and USAA offer standout coverage in Colorado.

Even though we’ve compared rates from top providers, your auto insurance costs will mainly depend on your driving record, vehicle type, and credit score. To get a better idea of what you could pay for car insurance in Colorado, compare car insurance quotes from the state’s best providers.

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In This Review:

    Cheapest Car Insurance In Colorado

    Drivers in Colorado may want to consider USAA, Geico, and State Farm, as our rate estimates show these insurers tend to offer the state’s cheapest car insurance.

    Car Insurance Providers in Colorado

    Estimated Annual Cost

    USAA

    $1,070

    Geico

    $1,198

    State Farm

    $1,300

    Nationwide

    $1,324

    Progressive

    $1,426

    Travelers

    $1,504

    Auto-Owners

    $1,807

    How Much Is Car Insurance In Colorado?

    Our research shows that full coverage car insurance in Colorado costs about $1,688 per year. This is about 2.5 percent less than the national average of $1,732, so drivers can expect to receive competitive rates in the Centennial State.

    While Colorado auto insurance rates typically aren’t too high, your rates will depend on the following factors:

    • Your location, with higher prices near Denver and Colorado Springs
    • Your vehicle type
    • Your age, gender, and marital status
    • Your driving history and record of accidents, speeding tickets, or DUIs
    • Your credit score
    • Your chosen type of coverage

    The best way to determine your rate for car insurance in Colorado is by comparing free quotes from many of the state’s leading providers. That way, you’ll be able to find out which companies offer the auto policy and pricing you’re looking for.

    Cheapest Car Insurance In Colorado: Young Drivers

    Our rate estimates show Geico is the cheapest option for young drivers in Colorado, with an average rate of $1,206 per year. USAA and State Farm also offer relatively affordable rates for teen drivers and those with new driver’s licenses who need car insurance in Colorado.

    Car Insurance Providers in Colorado

    Estimated Annual Cost

    Geico

    $1,206

    USAA

    $1,497

    State Farm

    $1,729

    Nationwide

    $2,064

    Progressive

    $2,137

    Cheapest Car Insurance In Colorado: Speeding Tickets

    Having a flawed driving record will cause your car insurance rates to skyrocket, but Colorado drivers with recent speeding tickets can usually still find competitive pricing through USAA and State Farm.

    Car Insurance Providers in Colorado

    Estimated Annual Cost

    USAA

    $1,324

    State Farm

    $1,403

    Nationwide

    $1,638

    Geico

    $1,663

    Progressive

    $1,864

    Cheapest Car Insurance In Colorado: Recent Accidents

    Colorado drivers with recent accidents on their driving records will face higher premiums, but State Farm and USAA rates for the group are generally below the statewide average.

    Car Insurance Providers in Colorado

    Estimated Annual Cost

    State Farm

    $1,507

    USAA

    $1,532

    Nationwide

    $2,105

    Progressive

    $2,215

    Travelers

    $2,223

    Cheapest Car Insurance In Colorado: Bad Credit

    Drivers who have poor credit and need car insurance in Colorado often find outstanding rates from Geico and Nationwide.

    Car Insurance Providers in Colorado

    Estimated Annual Cost

    Geico

    $1,750

    Nationwide

    $1,866

    USAA

    $2,237

    Travelers

    $2,402

    Progressive

    $2,511

    Top 5 Auto Insurance Companies In Colorado

    We looked into each major car insurance provider in Colorado to discover the Centennial State’s top five options. After considering costs, coverage plans, and customer service ratings, we found that Colorado’s best choices for car insurance are Geico, USAA, Progressive, State Farm, and Nationwide.

    Best Car Insurance in Colorado

    Overall Rating

    Cost Rating

    Coverage Rating

    1. Geico

    5.0

    4.5

    5.0

    2. USAA

    5.0

    5.0

    4.5

    3. Progressive

    4.5

    4.5

    4.5

    4. State Farm

    4.5

    4.5

    4.0

    5. Nationwide

    4.0

    3.5

    4.5

    *Our research team scores car insurance companies by taking nationwide factors into account. The order of insurers in this table is specific to car insurance in Colorado.

    #1 Geico: Best Overall Provider

    As the second-largest auto insurer in the U.S., Geico offers exceptional coverage and has a reputation for cheap car insurance policies in Colorado. The company also maintains strong financial stability, with an A++ financial strength rating from AM Best.

    Geico offers standard auto insurance coverage, along with benefits such as roadside assistance, rental car reimbursement, and mechanical breakdown insurance. There are plenty of insurance discounts to choose from with Geico, with price cuts for good drivers, students behind the wheel, and others.

    For more information about this provider, read our Geico insurance review.

    #2 USAA: Best For Military Members

    USAA provides some of the cheapest car insurance in Colorado for military members, veterans, and their families. The provider is known for its affordability, comprehensive coverage options, and excellent customer service. In fact, USAA scored highest for customer satisfaction in the J.D. Power 2021 U.S. Insurance Shopping Study℠.

    USAA offers standard car insurance coverage, plus roadside assistance, rental car reimbursement, and accident forgiveness. The insurer also offers a wide range of discounts for good drivers in Colorado. If you qualify for USAA car insurance, it would be smart to get a free quote from the company.

    For in-depth information on this provider, check out our USAA insurance review.

    #3 Progressive: Best Usage-Based Insurance

    As our third pick for car insurance in Colorado, Progressive offers low rates for good drivers. The insurer stands out from others with its Name Your Price® comparison tool, which makes it easy for drivers to shop car insurance from various providers at the same time.

    Progressive offers several add-ons apart from standard car insurance, with choices such as rideshare coverage, roadside assistance, and gap insurance. Progressive scored above average in the Southwest region in the J.D. Power 2021 U.S. Auto Insurance Study℠, indicating it provides a high level of customer satisfaction.

    Learn more in our complete Progressive insurance review.

    #4 State Farm: Best For Student Drivers

    State Farm is another exceptional choice for Colorado car insurance, providing some of the state’s most affordable rates. State Farm’s industry standing is nearly impeccable, with its A++ financial strength rating from AM Best and strong performance across various J.D. Power rankings.

    Colorado drivers may benefit from State Farm’s Steer Clear® and Drive Safe & SaveTM usage-based programs, which can help policyholders earn up to 30 percent off their auto premiums. The Drive Safe & Save platform monitors behaviors behind the wheel and rewards customers who have clean driving records with hundreds off the price of car insurance in Colorado.

    For more information on this provider, read our State Farm insurance review.

    #5 Nationwide

    Nationwide offers some of the most competitive rates for car insurance in Colorado. The company provides broad coverage and holds a strong reputation, as seen by its A+ financial strength rating from AM Best and A+ score from the Better Business Bureau (BBB).

    If you’re looking for ways to save on car insurance in Colorado, Nationwide offers discounts for bundling policies, being a good student, and staying accident-free. Nationwide also offers a safe-driving program called SmartRide® that can save Colorado drivers up to 40 percent on auto insurance, as well as a pay-per-mile option called SmartMiles®.

    Requirements For Car Insurance In Colorado

    Colorado law requires drivers to carry liability car insurance, which covers the cost of other drivers’ medical bills or property damages if you’re at fault for an accident. The minimum requirements for car insurance in Colorado are:

    • $25,000 bodily injury liability per person
    • $50,000 bodily injury liability per accident
    • $15,000 property damage liability per accident

    Though liability insurance is the state’s basic requirement, you’ll need greater protection if you’d like coverage for your medical bills or harm to property. Full coverage car insurance in Colorado typically includes:

    • Collision coverage
    • Comprehensive coverage
    • Medical payments (MedPay)
    • Uninsured motorist/underinsured motorist coverage

    How To Get Car Insurance In Colorado

    We found that USAA, Geico, and State Farm are the providers with the cheapest car insurance in Colorado. You’ll find both affordable rates and impressive coverage levels when you select auto coverage from these companies.

    When purchasing car insurance, keep in mind that companies weigh factors such as your driving record and credit score when giving you quotes. To ensure you receive the best rate possible, compare car insurance quotes from multiple providers.

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    FAQ: Car Insurance In Colorado

    • Is Colorado car insurance expensive?

      According to our rate estimates, the cost of car insurance in Colorado will likely range from $1,000 to $1,800 per year. In comparison, the national average for a full coverage car insurance policy is $1,732 per year.

    • What is the average cost of car insurance in Colorado?

      The average cost of car insurance in Colorado is $1,688 per year for full coverage, but this number depends on factors including your driving record, credit history, and vehicle type. Full coverage car insurance is more expensive than minimum liability coverage, as is coverage for those with poor credit or spotty driving records.

    • Who has the cheapest car insurance quotes in Colorado?

      We found that USAA, Geico, State Farm, Nationwide, and Progressive offer the cheapest premiums for full coverage car insurance in Colorado. Each of these insurance providers offers an average rate of less than $1,500 per year.

    • How much car insurance do I need in Colorado?

      You’re only required to carry state minimum liability insurance in Colorado: $25,000 bodily injury liability per person, $50,000 bodily injury liability per accident, and $15,000 property damage liability per accident. This basic requirement may not fully protect you or your motor vehicle in the event of an accident, so it’s recommended that drivers purchase higher levels of coverage if possible.

    How We Rate Insurers

    Our review process aims to deliver consistent and unbiased assessments of car insurance providers. While there are multiple qualities that make a car insurance company successful, our review team focuses on those we believe are the most important for consumers:

    • Cost: Cost can be difficult to compare between insurers because so many factors impact annual premiums. The cheapest insurer for one driver may not be the cheapest for another. To determine our cost score, we look at insurance rate estimates generated by Quadrant Information Services, discount opportunities, and consumer reports.
    • Coverage: To determine our coverage score, we look at the number of coverage options available as well as coverage limits and deductible options. Our ratings also take into account additional services and benefits like roadside assistance.
    • Reliability: It’s important that an auto insurer is able to meet its claims obligations. Companies with a strong financial strength rating from AM Best score best in this category. Established insurers with a long history of reliable service also receive positive marks.
    • Service: We comb through customer reviews on sites like the Better Business Bureau (BBB) to learn about customer experiences. Insurers with a low volume of complaints score well in this area. We also consider the claims process, giving higher ratings to car insurance providers that offer easy-to-use claims apps.

    *Data accurate at time of publication.