- In Colorado, USAA and GEICO generally offer the best cheap car insurance.
- Several factors can influence the amount you'll pay to maintain coverage, including your driving history and credit score.
- It's important to shop around to see which company will offer you the most coverage for your money.
- Check out our partner Savvy — a free tool that lets you compare car insurance quotes in minutes »
According to the Insurance Information Institute, the average driver in Colorado will pay $935 for coverage each year. That's exactly the national average for car insurance premiums, putting Colorado right in the middle when it comes to insurance costs.
Car insurance companies consider your location, age, gender, and driving record to calculate rates for premiums. Other factors like credit score, marital status, vehicle type, previous coverage, and miles driven can all play a role in the amount you'll pay for coverage.
Every insurance company will price a driver differently, and that's why it's so important to shop around for auto insurance. Here are a few companies offering the most affordable car insurance in Colorado.
The most popular car insurance companies in Colorado based on market share
The following are the most popular car insurance companies in Colorado, based on the percentage of insured Colorado drivers who use them:
| Company | Market share (%) |
| State Farm | 17.29 |
| Progressive | 11.47 |
| USAA* | 10.52 |
| GEICO | 9.51 |
| Allstate Corp | 9.41 |
| Liberty Mutual | 7.90 |
| American Family | 7.90 |
| Farmers | 6.55 |
| Travelers | 3.25 |
| Nationwide | 2.05 |
| Sentry | 1.32 |
| The Hartford | 1.05 |
| Auto-Owners Insurance | 0.93 |
| CSAA Insurance | 0.92 |
| Loya Insurance | 0.88 |
| Shelter Insurance | 0.86 |
| Southern Farm Bureau Casualty | 0.67 |
| COUNTRY Financial | 0.65 |
| MetLife | 0.64 |
| American National | 0.63 |
*USAA is only for active military, veterans, and their families.
Data from S&P Global Market Intelligence
The best car insurance in Colorado based on customer satisfaction
Customer satisfaction with car insurance providers may factor into your decision. According to J.D. Power, a consumer research company that surveys customers, these are the top car insurance companies in the Southwest region (which includes Colorado):
The best cheap car insurance in Colorado based on credit scores
Consumer Reports compiled information on car insurance pricing formulas by each company and for each state, and then calculated the premium for a single adult driver according to three credit levels. Here are the three best companies for a Colorado driver in three different credit levels.
| Excellent credit (FICO 800+) | Good credit (FICO 670-739) | Poor credit (FICO 300-579) |
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The best car insurance for drivers with a clean record
For a driver in Colorado age 25 or older with no accidents and one vehicle, the following companies provide the best average rates:
| Company | Average monthly insurance premium |
| Root | $104 |
| State Farm | $128 |
| Bristol West | $130 |
| Progressive | $141 |
| GEICO | $148 |
| Liberty Mutual | $162 |
| Esurance | $165 |
| USAA* | $171 |
| Travelers | $178 |
| Allstate | $179 |
| American Family | $247 |
*USAA is only for active military, veterans, and their families.
Above data obtained from Savvy, based on 2,062 policyholders in the state of Colorado
Best car insurance for one or more accidents on record
For a driver in Colorado age 25 or older, with one or more accidents and one vehicle, the following companies provide the best average rates:
| Company | Average monthly insurance premium |
| State Farm | $87 |
| Esurance | $147 |
| GEICO | $148 |
| Progressive | $161 |
| Farmers | $171 |
| Allstate | $188 |
| Bristol West | $192 |
Above data obtained from Savvy, based on 2,062 policyholders in the state of Colorado
Colorado car insurance rates by metro area
Below is the estimated average annual premium of auto insurance policies per household in Colorado's metro areas:
| Metro area | Average annual insurance premium |
| Denver-Aurora-Lakewood | $1,416 |
| Colorado Springs | $1,371 |
| Fort Collins | $1,378 |
| Boulder | $1,418 |
| Greeley | $1,371 |
| Pueblo | $1,270 |
| Grand Junction | $1,219 |
| Glenwood Springs | $1,373 |
| Durango | $1,316 |
| Edwards | $1,456 |
| Cañon City | $1,240 |
| Montrose | $1,224 |
| Breckenridge | $1,402 |
| Fort Morgan | $1,287 |
| Steamboat Springs | $1,361 |
| Sterling | $1,206 |
| Craig | $1,289 |
Data from S&P Global Market Intelligence
Who gets the best cheap car insurance in Colorado?
Generally, those who have the best credit scores are going to get the cheapest prices. Checking your credit score before you start searching for a new insurance policy and working to increase your credit score could save you money. But, there are many other factors that go into what you'll pay to maintain coverage, also called a premium. You might find that your driving record, gender, and even where you live within Colorado will influence your premium.
That said, the person who gets the best rate for their car insurance is going to be the person who shops around. Every insurance company will look at those factors differently, and will price your premium accordingly. It's worth checking with several companies to make sure you're getting the best rate possible.
When you're shopping for insurance, make sure to look past the premium, too. You'll want to compare your quotes, looking for the policy that gives you the most coverage and the highest limits for your money. And, consider the deductible, or the amount you'll pay out of pocket if you get into an accident. Generally, lower-cost policies have higher deductibles, meaning you'll pay more if you get into an accident.
Colorado drivers who shop around are the most likely to find the insurance policy with the best price for them, no matter their driving history or credit score.
Related Content Module: Best Auto Insurance by State