Best car insurance companies in Colorado Springs
No single provider has the best car insurance quotes for every motorist—drivers’ profiles come in all shapes and sizes, and so do their insurance rates.
State Farm, Progressive, USAA, and GEICO hold the biggest market shares in Colorado, but Jerry conducted one of the largest insurance surveys in the nation to learn more about what companies truly stand out in Colorado.
We discovered that insurance providers like Travelers, Clearcover, and Dairyland in Colorado Springs ranked well for both affordability and customer satisfaction. Have a look at how Jerry users rated various providers on a scale of 0 to 5.
| Insurance company | Monthly minimum coverage cost | Monthly full coverage cost | Cost rating | Overall Jerry rating |
|---|---|---|---|---|
| Clearcover | $48 | $127 | N/A | 4.6 |
| Travelers | $66 | $202 | 4.2 | 4.5 |
| National General | $68 | $177 | 4.7 | 4.8 |
| State Auto | $69 | $305 | 4.3 | 4.4 |
| Dairyland | $113 | $346 | 4.5 | 4.7 |
How’d we get these scores?
Jerry’s experts conducted one of the largest car insurance surveys in the United States. We surveyed 15,000 policyholders, in all 50 states, over the span of 18 months. These policyholders hold insurance policies with 87 different insurance companies. We surveyed policyholders to gauge their satisfaction with their insurance carriers in: policy cost, customer service, buying and renewal experience, as well as claim experience. These scores were all reported by real customers of the insurance companies.
Cheapest car insurance quotes in Colorado Springs
In Colorado Springs, the average driver pays $80 per month for state minimum liability coverage and $223 per month for full coverage insurance. Car insurance in Colorado Springs is about 26% more expensive than the state average.
| Coverage type | Colorado Springs, CO | Colorado | United States |
|---|---|---|---|
| State minimum | $80 | $60 | $77 |
| Full coverage | $223 | $181 | $165 |
However, rates are highly personalized. Each driver comes with their own unique profile, meaning quotes can vastly differ—even if you’re in the same city. That’s why Colorado drivers turn to Jerry, an insurance broker that helps drivers compare and purchase affordable car insurance in minutes.
Best cheap car insurance quotes in Colorado Springs
Before you get behind the wheel in Colorado, all drivers must carry the bare minimum insurance set by the state. While state minimum coverage is cheaper, you may find that it could leave you vulnerable down the road.
Cheap minimum liability insurance quotes in Colorado Springs
All Colorado drivers must carry the state mandated insurance requirements. This includes at least $25,000 per person, $50,000 per accident1, and $15,000 property damage liability coverage—more commonly referred to as 25/50/15 coverage.
There are trusted auto insurance companies you can turn to in the city for affordable coverage.
| Insurance company | Monthly minimum coverage cost |
|---|---|
| Clearcover | $48 |
| Travelers | $66 |
| National General | $68 |
Do you need more than minimum coverage in Colorado Springs?
State minimum liability insurance is cheaper up front, but could wind up costing you more down the line.
If you get into an at-fault accident resulting in medical bills, repairs, or vehicle replacement, your coverage might not be enough. A totaled vehicle in Colorado could cost well over $50,000 to replace, and medical bills can quickly surpass your $25,000 limit in a serious accident.
Additionally, drivers can file personal injury lawsuits up to three years after an accident under Colorado car accident laws—meaning you could pay years after a crash.
For a more secure policy, consider upgrading your liability coverage limits to 50/100/50 or even 100/300/100 liability coverage. For even more protection, consider opting for full coverage.
“A general rule that I recommend is to carry enough coverage to protect your current and future assets – at least $100,000/$300,000 of liability coverage is recommended, but you may need more coverage depending on your financial situation.”
Cheap full coverage car insurance quotes in Colorado Springs
If you truly want to protect yourself and your wallet, you’ll need to purchase full coverage car insurance.
On top of your liability coverage, full coverage insurance includes:
- Comprehensive coverage, which pays for vehicle repair or replacement if it’s been damaged outside of a collision, such as a natural disaster, vandalism, or theft.
- Collision coverage, which pays for vehicle repair or replacement after a collision with another vehicle or a stationary object.
Full coverage isn’t required by law, but drivers with a car loan will typically be required by their lender to purchase full coverage insurance.
Of course, knowing where to turn for affordable full coverage policies is just as important as having one.
| Insurance company | Monthly full coverage cost |
|---|---|
| Clearcover | $127 |
| Mercury Auto | $144 |
| Nationwide | $150 |
Average cost of car insurance in Colorado Springs
The average driver in Colorado Springs pays $80 per month, or $956 per year, for state minimum liability coverage. For full coverage, drivers pay an average of $223 per month or $2,676 per year.
These costs are higher than both the state and national averages—and there are a few reasons as to why.
- Population: Colorado Springs has the second highest population of all cities in the state, totaling over 486,000 people.2 More people in a city means a greater chance for accidents, theft, and road congestion—all factors providers consider when determining your rates.
- Severe weather: Severe weather in Colorado Springs can include tornadoes, flash flooding, and heavy snow—with the average recorded snowfall in the city tipping 57 inches per year! This type of weather increases the chance of an accident or vehicle damage, which can also increase your insurance.34
- Mountain roads: Driving through the mountains is notoriously difficult, not to mention tough on your car. There are lots of mountain roads around Colorado Springs, which could put inexperienced drivers at higher risk of an accident.
- Wildlife encounters: The state reports an average of 3,300 wildlife hits each year. So while Colorado Springs is an urban area, the surrounding mountains and forest area house plenty of creatures that could cause serious damages to your vehicle.5
Remember, though, insurance companies look at much more than just your general location when calculating premiums. Your driving record, age, and even credit score can have a big impact on the final price of your policy.
Average cost of car insurance in Colorado Springs by ZIP code
Car insurance rates can also vary based on your ZIP code, even for motorists within the same city. Some neighborhoods have higher vehicle theft rates or more accidents per year, meaning insurance companies charge higher rates in those areas.
| ZIP codes | Monthly minimum coverage cost |
|---|---|
| 80921 | $77 |
| 80907 | $116 |
| 80939 | $120 |
| 80915 | $195 |
| 80925 | $207 |
| 80951 | $254 |
Car insurance quotes in Colorado Springs by rating factors
Companies use different rating factors to determine your car insurance coverage rates. Some of the most common ones include:
- Your driving history and claims history: If a provider sees accidents, tickets, or other violations on your driving record, you could face higher premiums.
- Your age: Drivers under 25 and over 70 have some of the highest average rates over other age groups.
- Your parking spot: If you regularly park your car in a neighborhood prone to theft, car accidents, or similar issues, your insurance company will usually raise your rate.
- Your vehicle: Luxury, sport, and high-performance vehicles are more expensive to insure.
- How you use your car: If you drive your vehicle a lot, the resulting higher annual mileage could raise your rates.
Cheap car insurance quotes in Colorado Springs after driving violations
Traffic violations means a costlier car insurance policy—the more serious the infraction, the higher your rates.
Common violations that could cause your monthly premiums to rise include:
- Speeding
- Reckless driving
- Driving with a suspended license
- DUIs
- Being at fault in an accident
Cheapest car insurance in Colorado Springs after speeding ticket
A minor speeding infraction may not increase your rates by much—but any speeding violation will impact your auto insurance quotes. The more serious the charge, the higher your coverage will be.
| MPH over limit | Monthly coverage cost | Rate increase (%) |
|---|---|---|
| 11-15 | $208 | 38% |
| 16-20 | $286 | 84% |
Cheapest car insurance in Colorado Springs after DUI
After a DUI, you’ll see a steep increase in your premium. You’ll also find that quotes after the fact vary from one company to another, meaning that comparing rates is the best way to find affordable coverage.
| Violation | Monthly coverage cost | Rate increase (%) |
|---|---|---|
| DUI | $244 | 61% |
Cheapest car insurance in Colorado Springs after an at-fault accident
Insurance providers will always look at your driving record when deciding how much you’ll pay for coverage. Violations of any kind, especially an at-fault accident, will only spell trouble for your rates down the road.
| Driving record | Monthly coverage cost | Rate increase (%) |
|---|---|---|
| At-fault accident | $199 | 32% |
Cheapest car insurance in Colorado Springs after other driving violations
Beyond accidents, DUIs, and speeding tickets, other violations can easily lead to costlier premiums as well.
| Violation | Monthly coverage cost | Rate increase (%) |
|---|---|---|
| Reckless driving | $184 | 22% |
| Unsafe Operation of a Motor Vehicle | $212 | 40% |
| Open container | $375 | 148 |
Cheap car insurance quotes in Colorado Springs by age
Drivers under 25 and over 75 will typically see higher insurance rates than other age groups. This is mainly due to their increased likelihood of accidents on the road.
Cheapest car insurance in Colorado Springs for young drivers
Teen drivers between the ages of 16 and 19 have the highest average rates of any age bracket. Due to their inexperience, providers compensate by charging more until young motorists can prove they’re safe on the road.
To save money, it’s a good idea for teens to remain on a household insurance policy for as long as possible.
| Age | Monthly minimum coverage cost | Monthly full coverage cost |
|---|---|---|
| <18 | $275 | $609 |
| 18-21 | $196 | $377 |
Cheapest car insurance in Colorado Springs for middle-aged drivers
As drivers gain more experience behind the wheel, their rates lower. Drivers 25-64 see some of the cheapest rates for all age demographics, with rates rising again after motorists turn 65+.
| Age | Monthly minimum coverage cost | Monthly full coverage cost |
|---|---|---|
| 22-25 | $126 | $309 |
| 26-34 | $89 | $210 |
| 35-44 | $84 | $174 |
| 45-54 | $77 | $160 |
While driver premiums are often lower than average for this age group, drivers can still achieve even cheaper costs by looking into car insurance discounts and bundling policies.
Cheapest car insurance in Colorado Springs for senior drivers
Older drivers will also experience a spike in their coverage due to their increased likelihood of getting into accidents. Not only are they more susceptible to crashes, older motorists also run the risk of suffering severe injuries in the event of one.
| Age | Monthly minimum coverage cost | Monthly full coverage cost |
|---|---|---|
| 55-64 | $69 | $159 |
| 65+ | $85 | $138 |
Cheap car insurance quotes in Colorado Springs based on insurance history
Typically, the longer you’ve been insured, the lower your premium will be—meaning if you’ve had a lapse in coverage, providers will see you as a greater risk to insure and charge you more as a result.
| Insurance history | Monthly coverage cost | Rate increase (%) |
|---|---|---|
| With coverage lapses | $199 | 32% |
Cheap car insurance quotes in for drivers with poor credit
While you may not think your credit score is a factor in your insurance rates, many providers will offer significantly better quotes to those with good or excellent credit.
Statistically speaking6, drivers with poor credit pay a whopping 115% more than drivers with excellent credit for the same insurance policy. In Colorado alone, drivers with poor credit scores can pay upwards of 75% more for insurance than those with a higher score.
| Credit score | Monthly coverage cost |
|---|---|
| < 600 | $181 |
| 601-699 | $146 |
| 700+ | $127 |
Cheap car insurance quotes in Colorado Springs for popular cars
Oftentimes, the cheapest cars to insure have low repair and replacement costs, top-notch safety ratings, and good anti-theft systems. In Colorado, some of the most popular vehicle choices are:
- Ford F150
- Chevy Silverado
- Toyota Tacoma
- Subaru Outback
Have a look to see what the average cost of insurance is on said models.
| Vehicle type | Monthly minimum coverage cost |
|---|---|
| Subaru Outback | $88 |
| Ford F150 | $126 |
| Toyota Tacoma | $138 |
| Chevy Silverado | $212 |
How to lower car insurance costs in Colorado Springs
1. Shop around and compare quotes
Sticking with the same policy long-term isn’t always the most practical. Insurance companies determine premiums using a variety of factors, and those factors change rapidly.
To be sure that you’re getting the best rates, experts recommend shopping for a new rate every six months to see if you can find a better deal. That’s where Jerry comes in. We can collect quotes from our pool of top providers to help you find the most affordable price for the coverage you need— all in under a minute.
2. Hunt for car insurance discounts
Most insurers have a set of discounts available to customers, but they may not be advertised to you. To find out if you could save on your current policy, ask your provider about these commonly available discounts:
- Telematics discounts: By using telematics to track your driving habits, you may qualify for savings from your provider. Some companies even offer a discount for enrolling.
- Good driver discounts: Some providers offer discounts between 10-30% to drivers without a history of tickets or accidents.
- Bundling discounts: Many insurers will give you a better rate if you bundle your home and auto insurance (or auto and renters).
- Good student discounts: If you’re a full-time student, your insurance company might provide a discount for maintaining a B average or higher.
3. Increase your deductible for comprehensive and collision coverage
When you have full coverage insurance, your deductible plays a huge role in your monthly payment calculations. Increasing your deductible can lower your rates, but be sure that you can afford to pay your deductible out-of-pocket in the event of an accident!
FAQ
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How much is car insurance in Colorado Springs?
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What is the best cheap car insurance in Colorado Springs?
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What is the minimum car insurance in Colorado Springs, CO?
Sources
- https://leg.colorado.gov/content/mandatory-automobile-insurance-colorado#:~:text=The%20following%20minimum%20coverages%20are,damage%20in%20any%20one%20accident ↩︎
- https://www.census.gov/quickfacts/fact/table/coloradospringscitycolorado/PST045222 ↩︎
- https://www.weather.gov/gld/ColoradoSevereWeatherAwarenessWeek#:~:text=Colorado%20is%20an%20annual%20host,killer%20lightning%20and%20wind%20damage ↩︎
- https://www.uncovercolorado.com/average-snowfall-in-colorado-cities ↩︎
- https://www.codot.gov/programs/environmental/wildlife/wildlifeonthemove ↩︎
- https://consumerfed.org/wp-content/uploads/2023/07/Official-CFA-Credit-Score_2023-FINAL-REPORT.pdf ↩︎
Liz Jenson is an insurance writer who specializes in general automotive and insurance topics. Liz’s mission is to produce informative and useful content to help car owners make smart choices when buying cars and car insurance. Since joining Jerry in 2021, Liz has written nearly 4,000 long- and short-form articles on topics including state-specific insurance recommendations, common car insurance questions, and deep dives into vehicle model details. Before they came to Jerry, Liz was a full-time student at Indiana University, Bloomington working on a double major in English and French.
Maria is an insurance writer with over 10 years of experience as a professional writer. Prior to joining Jerry’s editorial team in 2023, she worked at various online publications like Nimble Media, Factinate.com, and served as editor-in-chief at The Medium. She holds a double major in English and Professional Writing and Communications.
As Vice President of Insurance Operations at Jerry, Josh Damico leads teams across product development, operations and carrier relations, integrating Jerry’s smart and fast car insurance customer experience with that of traditional carriers to help customers find savings and coverage. Josh’s nearly 20 years of insurance-industry experience and knowledge generate partnerships with more than 55 name-brand and specialty insurance partners that enable Jerry to serve customers with all types of vehicle and policy needs.
Previously, Josh held executive roles at Geico, where he had vast regional oversight and leadership opportunities. In his most recent role as director of sales, servicing, and underwriting, Josh developed and executed profit and growth strategy for the New England states and New Jersey.
Josh holds a bachelor’s degree in business administration and management from Medaille College.
*Illustration only. For all the pricing information presented in this article (including various tables), please note that not all customers find savings and the information is for illustrative purposes only. Savings depend on type of car, location, policy features, driving history and other factors. Drivers who switch through Jerry save over $70/month on average.
