With a few densely populated areas and some severe weather to contend with, Colorado insurance rates tend to be higher than the national average. It’s certainly possible to find affordable premiums, though, and the best way to do that is to compare multiple providers.
Each insurer uses its own formula to determine premiums, weighing factors such as location, age, gender, driving history, and vehicle type. This means that car insurance rates can vary substantially from one insurance company to another.
Jerry offers a quick and convenient way to compare quotes and switch plans. Want to give it a try? Enter your ZIP code to get cheap car insurance quotes from the best insurance companies in Colorado. And if you want to learn more about car insurance rates in Colorado, keep reading.
Using a comparison app to view quotes from multiple providers is the best way to find cheap car insurance in Colorado.
Cheapest minimum coverage car insurance in Colorado
The minimum required insurance coverage varies depending on your state laws. In Colorado, drivers must have the following:
$25,000 bodily injury liability per person
$50,000 bodily injury liability per accident
$15,000 property damage liability per accident
Remember, the minimum insurance coverage is a requirement, not a recommendation. In some cases, minimum liability car insurance won’t cover all your expenses in the event of an accident. If you can afford to pay for more coverage, it’s generally a good idea to purchase a more comprehensive policy.
Here’s how much Jerry users pay for minimum liability car insurance in Colorado:
Additional coverages you might want to consider when shopping for car insurance in Colorado
Coverage to consider
Forest fires and snow storms
Comprehensive insurance covers physical damage to your vehicle that isn’t the result of an accident, such as damage or loss from a forest fire or a severe winter storm.
Densely populated cities
Colorado has several population-dense areas with many drivers and a higher risk of accidents. Collision insurance covers physical damage to your car that happens as a result of a collision.
Roadside assistance can be helpful if you’re driving on Colorado’s many mountain or back roads and require help. This coverage can provide towing services, locksmith services, tire changes, and battery boosts.
Though the minimum required insurance is sufficient to drive in Colorado, state-specific factors like severe weather events and densely populated cities make additional coverage a good idea if you can afford it.
Best carriers for minimum coverage car insurance in Colorado
Failing to secure the minimum liability insurance before cruising through Colorado’s mountain roads is never a good idea. Colorado has steep penalties for uninsured motorists.
Your first offense will get you a $500 fine and license suspension until you can show proof of insurance… It will also count for four points against your driver’s license. Subsequent violations are subject to minimum $1,000 fines, longer license suspensions, and even court-ordered community service.
Comparing rates with different insurers can help you find the most affordable coverage so that you don’t have to go without.
Here’s how much Jerry customers pay for minimum liability coverage with various carriers in Colorado:
Best carriers for full coverage car insurance in Colorado
The best way to find the right full coverage policy is to compare quotes from multiple insurance companies. Here’s how much Jerry customers pay for full coverage car insurance with various carriers in Colorado:
While you only require minimum liability insurance to drive in Colorado, purchasing more coverage can protect you financially and provide greater peace of mind.
Cost to insure your car in Colorado by age
Insurers value driving experience. The younger you are, the less experience you have—and this will likely be reflected in higher insurance premiums.
While teenagers represent only about 6% of drivers on the road in Colorado, they account for more than 11% of all traffic deaths in the state.
This added risk is why insurers charge higher premiums to young drivers.
But if you’re a young driver, don’t despair. While you’re unlikely to enjoy the same low rates as your parents, you can still get cheap car insurance quotes by shopping around and maintaining a clean driving record.
No matter your age, quote shopping with Jerry is a good place to start. Here are the prices Jerry offers drivers by age:
Cost of insurance for drivers in Colorado with a bad driving record
Drivers who have gotten into an accident, received a speeding ticket, or have been convicted of a DUI often pay higher car insurance rates.
In Colorado, points from most violations remain on your driving record for five years from the date of conviction. The insurance companies will see you as a high-risk driver and increase your insurance rates accordingly.
The good news is Jerry can help you find a competitive and cheap car insurance policy even if your driving record isn’t squeaky clean.
Cost of insurance for young drivers in Colorado with a bad driving record
Young drivers with less-than-stellar driving records have “double-trouble” insurability status, which can make finding affordable rates extremely difficult.
Colorado uses a graduated licensing system that helps novice drivers gain experience safely in their first few years behind the wheel. And while it’s helped reduce traffic fatalities involving young drivers by almost 50% in the last two decades, accidents among this age group are still far more frequent than with other demographics.
Rates remain high since insurance companies must take on so much additional risk to insure a young driver with a violation on their record.
Thankfully, Jerry can help young drivers with prior incidents find the right coverage for the best price.
How much does it cost to insure my car make in Colorado?
The best-selling vehicle in Colorado is the rugged Subaru Outback, which is a great match for the state’s mountainous terrain. It’s also one of the more affordable vehicle brands to secure insurance for.
Generally speaking, relatively inexpensive cars are typically the cheapest to insure since they cost less to repair in the event of an accident.
If you drive fewer miles, you may also pay less for insurance because you’re less likely to get into an accident.
Here’s what it costs to insure some popular car makes and models with and without Jerry:
Just as car insurance rates vary by state, they can also vary by city and ZIP code. Drivers in cities tend to pay more than drivers in rural areas because urban centers have higher rates of accidents, thefts, and claims.
Drivers in Colorado typically pay more than the national average for car insurance. This is thanks to a couple key factors that raise risk levels in the state.
Colorado is home to several densely populated cities with more drivers—and more drivers means more risk for accidents. There is also the threat of severe weather almost year round, between snow storms, heavy rains, and forest fires.
Of course, there are certain areas of the state where risk levels are lower and premiums are more affordable.
To get cheap car insurance, you may want to consider raising your deductible. When you file a claim, the deductible is the amount of money you have to pay out of pocket before your car insurance kicks in to cover the remaining balance. If you increase your deductible, this could lower your premium — but be aware that this means you’ll incur higher initial out-of-pocket costs in the event of an accident.
It’s also a good idea to update your car insurance to reflect any major life changes that have occurred since you received your last auto insurance quote. For example, if you’ve gotten married, you may be offered lower rates because married people are perceived to be safer drivers. Or if you’ve moved to a rural area, you may qualify for reduced rates because you’re less likely to get in an accident and file a claim.
It can be hard to keep track of your car insurance renewals while also juggling your own daily obligations. That’s why Jerry reassesses your premium every six months. At each renewal period, Jerry can help you make any relevant updates and ensure you get the lowest possible price for your coverage.
Get the lowest rate possible by choosing a vehicle with good safety ratings, driving safely, qualifying for discounts, and comparing rates with a smart tool like Jerry.
Want to find out if you’re overpaying? Let Jerry do the work for you.
Unless otherwise specified, these estimates are based on drivers older than 30 who have good driving records. These are real people who have signed up with Jerry in the last six months.