Key Takeaways
- Gainsco, Mendota and Safeco offer some of the cheapest car insurance in Colorado.
- The average cost of minimum coverage in Colorado is around $125 per month.
- Compare quotes from multiple insurers to find cheap car insurance in Colorado.
You can likely get cheap car insurance in Colorado from providers like Gainsco, Mendota and Safeco. These are among the most affordable auto insurance companies in the Centennial State, according to real quotes for Jerry customers.
Here are more cheap options for both liability-only and full coverage policies, plus rates by age, driving history and for drivers with a low credit score.
To find the best car insurance in Colorado, compare car insurance quotes from multiple insurers.
Cheap liability car insurance in Colorado
The cheapest car insurance in Colorado will be a liability-only, or “minimum coverage”, policy. This type of policy pays only for injuries or damage you cause to others and their property, up to the state’s minimum liability limits. These are the cheapest car insurance companies in Colorado for minimum coverage, according to Jerry’s data.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Aspen | $88 | $1,054 |
| Gainsco | $95 | $1,139 |
| Mendota | $96 | $1,152 |
| Safeco | $111 | $1,327 |
| The General | $121 | $1,457 |
| National General | $122 | $1,468 |
| Progressive | $125 | $1,499 |
| Dairyland | $125 | $1,503 |
| Bristol West | $127 | $1,529 |
| Trexis | $136 | $1,636 |
Minimum liability car insurance requirements in Colorado
Colorado drivers must carry a minimum amount of liability insurance to drive legally. These limits are:
- $25,000 in bodily injury liability per person.
- $50,000 in bodily injury liability per accident.
- $15,000 in property damage liability per accident.
Cheap full coverage car insurance in Colorado
Here are the most affordable insurers in Colorado for full coverage policies, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Assurance America | $175 | $2,099 |
| Aspen | $223 | $2,673 |
| Mercury | $227 | $2,725 |
| Gainsco | $228 | $2,734 |
| Aspire Advantage | $241 | $2,897 |
| Safeco | $257 | $3,084 |
| Progressive | $264 | $3,164 |
| Mendota | $271 | $3,251 |
| National General | $316 | $3,794 |
| Root | $323 | $3,881 |
Minimum liability vs. full coverage in Colorado
A minimum liability policy will be the most affordable option in Colorado, but it won’t pay for damage to your own car in any situation.
Full coverage includes Colorado’s minimum liability limits, plus coverage for damage to your car, up to its current market value. This includes damage from weather events, including hail. You may want to consider full coverage if you drive a newer car and especially if you live in “Hail Alley,” which is along Colorado’s front range. If a bad hail storm causes significant damage to your car, it’d be covered, minus your deductible.
Full coverage includes:
- Liability insurance, which pays for injuries or property damage you cause to someone else in an accident.
- Collision coverage, which covers for vehicle damage from an accident with another vehicle. This coverage has a deductible.
- Comprehensive coverage, which pays for vehicle damage caused by a non-collision event, like weather and theft. It also comes with a deductible.
If you have a loan or lease on your vehicle, the lender will require
Average car insurance costs for young drivers in Colorado
Young drivers in Colorado typically pay more for insurance. That’s because they have less driving experience and providers consider them riskier to insure.
Below are the average costs of car insurance in Colorado for drivers between 18 and 24.
|
Age Group
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| 18-20 | $313 | $3,753 |
| 21-24 | $298 | $3,577 |
Cheap liability car insurance in Colorado for a 20-year-old
Here are the most affordable insurers in Colorado for 20-year-olds with minimum coverage policies, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Mendota | $157 | $1,879 |
| Dairyland | $168 | $2,020 |
| Kemper | $181 | $2,169 |
| The General | $200 | $2,394 |
| Trexis | $217 | $2,602 |
Cheap full coverage in Colorado for a 20-year-old
Here are the most affordable insurers in Colorado for 20-year-olds with full coverage policies, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Kemper | $261 | $3,134 |
| Trexis | $338 | $4,062 |
| Mendota | $391 | $4,698 |
| Progressive | $405 | $4,865 |
| Bristol West | $440 | $5,281 |
Average auto insurance costs for mature drivers in Colorado (25-54)
Average car insurance costs tend to go up as drivers get older and more experienced on the road.
Below are the average costs of car insurance for drivers in Colorado between the ages of 25 to 54.
|
Age Group
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| 25-34 | $248 | $2,971 |
| 35-44 | $203 | $2,433 |
| 45-54 | $186 | $2,235 |
Cheapest liability car insurance in Colorado for a 35-year-old
Here are the most affordable insurers in Colorado for 35-year-olds with minimum coverage policies, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Mendota | $96 | $1,147 |
| National General | $100 | $1,196 |
| The General | $104 | $1,253 |
| Progressive | $112 | $1,346 |
| Trexis | $112 | $1,346 |
Cheapest full coverage in Colorado for a 35-year-old
Here are the most affordable insurers in Colorado for 35-year-olds with full coverage policies, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Aspire Advantage | $205 | $2,462 |
| Safeco | $206 | $2,467 |
| Progressive | $244 | $2,923 |
| National General | $265 | $3,175 |
| Root | $293 | $3,515 |
Average car insurance costs for older drivers in Colorado (55+)
Older, more senior drivers, may pay more for car insurance. Below are the average costs of car insurance for drivers in Colorado 55 and older.
|
Age Group
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| 55-64 | $157 | $1,888 |
| 65+ | $166 | $1,988 |
Cheapest liability car insurance in Colorado for a 65-year-old
Here are the most affordable insurers in Colorado for 65-year-olds with minimum coverage policies, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Dairyland | $53 | $633 |
| Progressive | $68 | $819 |
| Mendota | $80 | $963 |
| The General | $94 | $1,125 |
| Kemper | $94 | $1,127 |
Cheapest full coverage in Colorado for a 65-year-old
Here are the most affordable insurers in Colorado for 65-year-olds with full coverage policies, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| The General | $92 | $1,104 |
| Kemper | $150 | $1,805 |
| Mendota | $162 | $1,942 |
| Root | $173 | $2,072 |
| Progressive | $173 | $2,076 |
Cheapest car insurance in Colorado by driving history
Your driving history is a big component in how much you’ll pay for car insurance. If you have a clean record, you’ll likely pay less than another driver who has a speeding ticket or at-fault accident on their record.
Cheap car insurance for drivers with clean records in Colorado
Here are the most affordable insurers in Colorado for those with clean driving records, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Anchor General | $73 | $874 |
| Gainsco | $103 | $1,242 |
| Mendota | $163 | $1,953 |
| Commonwealth Insurance | $168 | $2,018 |
| Aspen | $178 | $2,132 |
Cheapest car insurance with a speeding ticket in Colorado
Here are the most affordable insurers in Colorado for those with a speeding ticket, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Progressive | $191 | $2,289 |
| Safeco | $194 | $2,322 |
| Mendota | $196 | $2,357 |
| The General | $213 | $2,551 |
| National General | $216 | $2,593 |
Cheapest car insurance after an at-fault accident with no injury in Colorado
Here are the most affordable insurers in Colorado for those with an at-fault accident with no injury, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Aspire Advantage | $42 | $503 |
| Embark General | $88 | $1,054 |
| Aspen | $108 | $1,291 |
| Assurance America | $191 | $2,288 |
| Mendota | $205 | $2,454 |
Cheapest auto insurance after an at-fault accident with injury in Colorado
Here are the most affordable insurers in Colorado for those with an at-fault accident with injury, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Aspire Advantage | $41 | $494 |
| Root | $138 | $1,654 |
| Mendota | $141 | $1,688 |
| National General | $142 | $1,708 |
| Progressive | $147 | $1,760 |
Cheapest car insurance with a DUI in Colorado
Here are the most affordable insurers in Colorado for those with a DUI, according to real quotes for Jerry customers.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Assurance America | $89 | $1,066 |
| Bluefire | $92 | $1,109 |
| Safeco | $159 | $1,911 |
| Root | $174 | $2,087 |
| Mendota | $188 | $2,255 |
Average auto insurance costs for Colorado drivers with other violations
Below are average car insurance costs in Colorado for other driving violations.
|
Violation Summary
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Careless Driving | $215 | $2,579 |
| Defective Equipment | $180 | $2,155 |
| Driving on Sus. License | $191 | $2,287 |
| Failure to Obey Traffic Sign | $212 | $2,546 |
| Homicide | $373 | $4,476 |
Cheapest auto insurance for low credit scores in Colorado
You’ll likely pay more for auto insurance if you have a low credit score. That’s because insurers in Colorado use credit as a factor in car insurance rate calculations — and drivers with low scores have been shown to be more likely to file a car insurance claim. Here are the cheapest auto insurance companies in Colorado for drivers with a credit score below 550.
|
Insurance Company
|
Avg Monthly Quote
|
Avg Annual Quote
|
|---|---|---|
| Assurance America | $140 | $1,677 |
| Mendota | $186 | $2,236 |
| Gainsco | $194 | $2,333 |
| National General | $200 | $2,400 |
| Bluefire | $207 | $2,481 |
Learn more: How a credit-based insurance score works
How to find cheap car insurance in Colorado
Shop around and compare quotes from multiple insurers to get the cheapest car insurance in Colorado. It’s a good idea to do this at least once a year so you’re confident you’re getting the best car insurance rate possible.
You can also try these steps to get cheaper insurance:
- Ask your insurer about any discounts you qualify for.
- Install a telematic app on your phone.
- Improve your credit score.
- Pay your policy in full.
- Bundle your home and car insurance with the same company.
And be sure to always practice safe driving habits. The longer you go without an accident or filing a claim, the more affordable your policy will be.
Factors that affect car insurance costs in Colorado
Insurers use various factors to determine the cost of car insurance, including your:
- ZIP code.
- Driving history.
- Vehicle type.
- Credit score.
- Claims history.
- Car usage and miles driven.
- Age and gender.
- Deductible amount.
- Marital status.
Learn more: How car insurance rates are calculated
Methodology
Data included in this analysis comes from policies that Jerry has quoted within the last 18 months. Jerry services 48 states and offers a range of insurance companies to choose from.
Ben Moore is a writer and editor at Jerry and an auto insurance expert. He previously worked as a writer, editor and content strategist on NerdWallet’s auto insurance team for five years. His work has been published in The Associated Press, Washington Post, Chicago Sun-Times, MarketWatch, Nasdaq and Yahoo News. He also served as a NerdWallet spokesperson, with appearances on local broadcast television and quotes in Martha Stewart and Real Simple magazine.
Ben has an extensive background in digital marketing, working on affiliate and programmatic advertising campaigns for brands like Cabela’s, H&R Block and Sears. He holds a bachelors degree in marketing from Olivet Nazarene University.
Lacie Glover is a Lead Writer and Editor with sixteen years’ experience in the insurance category. Prior to Jerry, she spent more than a decade on NerdWallet’s content team writing, editing and then overseeing the auto insurance category, as well as dabbling in other insurance and automotive topics. Prior to her career in the online personal finance content space, Lacie spent time in the hard sciences, in clinical research and chemistry labs. She has a bachelor’s degree from Colorado State University.
