On average, drivers pay $58 per month for minimum coverage insurance and $148 per month for full coverage insurance.
Compare the best car insurance rates
State Farm, Farm Bureau and USAA are the three national companies that have the best auto insurance rates for minimum coverage, on average.
Your car insurance cost will vary based on where you live, your driving history and more.
Compare liability car insurance rates by company
Company | Monthly quote | |
|---|---|---|
 | State Farm | $41 |
 | Farm Bureau | $43 |
 | Geico | $52 |
 | Progressive | $63 |
 | Travelers | $63 |
*USAA is only available to members of the military, veterans and their families.
Factors that affect car insurance quotes
Your age, location, vehicle, driving record and credit score will all change your car insurance quotes.
Compare rates by:
Compare car insurance rates by state
Minimum liability car insurance quotes vary by up to $168 per month by state.
This is in part because of state laws. Each state can decide how much car insurance coverage its drivers need. Comparing auto insurance rates by state can show how much state requirements affect the price of car insurance where you live.
Minimum coverage car insurance quotes by state
State | Average rate | Cheapest company | Cheapest rate |
|---|---|---|---|
| Alabama | $50 | State Farm | $38 |
| Alaska | $41 | Geico | $27 |
| Arizona | $64 | Travelers | $39 |
| Arkansas | $45 | State Farm | $25 |
| California | $50 | Geico | $31 |
Compare car insurance rates by age
Minimum coverage car insurance quotes for 18-year-old drivers are twice as high as 30-year-old drivers, on average.
Age is a major factor when comparing car insurance rates. Younger drivers pay more for auto insurance than older drivers. That's because insurance companies consider them more likely to get into an accident.
Car insurance rates generally spike again in your later years because senior drivers pose a higher risk than middle-aged drivers.
Minimum coverage car insurance rates by age for young drivers
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25
Compare car insurance quotes by accident history
Car insurance rates for full coverage increase by 49% after an at-fault accident, on average. However, not all insurance companies increase prices by the same amount.
Geico has the largest increase in rates after an accident, at 70%. State Farm usually has a smaller penalty of a 26% increase , on average.
Full coverage car insurance rates by company after an accident
Company | Rate before accident | Rate after accident | Increase |
|---|---|---|---|
| State Farm | $99 | $125 | 26% |
| Geico | $140 | $238 | 70% |
| Travelers | $146 | $203 | 39% |
| Progressive | $156 | $238 | 53% |
| Nationwide | $164 | $253 | 54% |
Compare car insurance rates by credit score
Drivers with poor credit pay twice as much for full coverage car insurance compared to people with good credit, on average.
In most states, credit scores factor into your auto insurance quotes. Drivers with good or excellent credit scores tend to pay lower car insurance rates. Those with poor or bad credit scores usually pay more for insurance.
Average monthly full coverage car insurance rates by credit score
Company | Poor credit | Good credit | Change |
|---|---|---|---|
| Geico | $212 | $140 | 51% |
| Farm Bureau | $217 | $134 | 62% |
| Nationwide | $236 | $164 | 44% |
| State Farm | $241 | $99 | 143% |
| Progressive | $259 | $156 | 66% |
*USAA is only available to members of the military, veterans and their family members.
Find Cheap Auto Insurance Quotes in Your Area
Insurance companies use a calculation — called a credit-based insurance score — to rate customers. Your score doesn't affect your driving. But companies believe people with lower credit scores are more likely to file claims.
State Farm has the biggest rate increase for drivers with poor credit. Drivers with poor credit pay two and half times the rate for drivers with good credit. On the other hand, Nationwide has the smallest upcharge. It only increases rates by 44% for drivers with a poor credit history.
Some states have outlawed the use of credit scores to decide your car insurance rates, including California and Michigan. In these states, your credit score won't affect your car insurance quotes.
How to compare car insurance quotes
Before comparing quotes, decide how much coverage you need, and get ready for a few questions about your car and driving history.
Gather your personal info
Online car insurance quote tools and insurance agents can provide you with estimates. But the quotes you get will only be as accurate as the information you provide. To compare quotes online, have some basic personal info ready.
Your information:
- Name
- Age
- Address
- Driver's license number
- Info about other drivers on the policy
- Current insurance company
Your vehicle:
- Year, make and model
- Vehicle information number (VIN)
- Date of purchase
- Mileage
Your driving history:
- Ticket and accident history
- License suspensions
Decide how much coverage you need
The amount of car insurance coverage you choose has a big impact on your quotes. Most states require drivers to have a minimum amount of coverage. However, we recommend a full coverage policy for most drivers.
It can be helpful to start with the current coverage you have, which you can find online or on your current policy declaration page.
Types of car insurance coverage
Most insurance companies also let you add coverage options for a few bucks a month, like emergency roadside assistance or rental car reimbursement. But you often need to have full coverage first.
When comparing car insurance rates, select the same coverage limits from each company for an apples-to-apples comparison.
In the cases of collision and comprehensive insurance — which don't have limits — make sure you select the same deductibles.
Collect and compare car insurance quotes
Visit insurance company websites and use their online quote tools to compare quotes from different companies. Start by getting quotes from the cheapest car insurance companies or the best companies near you.
Car insurance prices change over time. When collecting quotes, save the reference number so you can get back to the quote later. Also, quotes may expire after a few weeks. If you find a good price, don't wait too long to buy coverage.
Frequently asked questions
What's the best car insurance company right now?
State Farm is the best car insurance company for most drivers. State Farm has affordable rates and reliable customer service, and it's available in most areas. However, it's important to compare multiple quotes to make sure you're getting the best rate for you.
Why should I compare auto insurance quotes online?
Every driver gets a different rate for insurance based on their address, car and driving history. You will also find a different quote from each insurance company. The only way to find the best price for you is to get multiple quotes from different companies. This only takes a few minutes when you use an online quote tool.
When should I compare car insurance?
You should compare insurance every year to make sure you're always getting the best rate. At the very least, you should shop for quotes any time something in your life changes that could affect your rates. This includes buying a new car, moving, changing drivers on your policy, getting a ticket or being involved in an accident.
Which type of car insurance is cheapest?
Minimum coverage insurance is the cheapest policy you can buy. The average cost of minimum coverage insurance is $58 per month across the country. However, minimum coverage insurance only provides enough protection to legally drive in your state. This isn't enough coverage to protect most drivers from a high repair bill.
What do I need to compare insurance quotes?
To compare car insurance rates, you'll need your address, your car's make and model, and info about any recent tickets or accidents. Rarely, you might need your driver's license number and VIN for the most accurate quote. It can be helpful to have a copy of your current insurance declaration page handy, to make sure your quotes have the same amount of coverage you have now.
How much should I be paying for car insurance?
On average, drivers pay $58 per month for minimum coverage insurance and $148 per month for full coverage insurance. However, rates vary based on where you live, your driving record and your age.
Is insurance cheaper once you are 25?
Car insurance rates tend to go down as you get older. A 25-year-old driver can expect to pay about 33% less for minimum coverage car insurance than a 21-year-old.
Methodology
We gathered rates across 50 states and Washington, D.C., for 37 insurance companies in all ZIP codes in each state. We only included insurance companies that are available in at least five states.
Rates are for a 30-year-old man with good credit and a clean driving record. He drives a 2015 Honda Civic EX, unless otherwise noted.
Rates for minimum coverage are based on the average cost of a policy that meets state minimum auto insurance requirements. Full coverage auto insurance quotes include collision and comprehensive plus liability coverage:
Coverage | Limit |
|---|---|
| Bodily injury liability | $50,000 per person; $100,000 per accident |
| Property damage liability | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person; $100,000 per accident |
| Comprehensive and collision | $500 deductible |
| Personal injury protection | Minimum when required by state |
Rates for young drivers ages 18 through 25 include quotes from nine of the most populated states in the country. All other rates by age were collected from four of the largest states.
Accident quotes are based on an at-fault accident causing $2,000 in property damage. ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only. Your own quotes may be different.
How we chose the cheapest companies in Colorado
NerdWallet’s editorial team analyzed car insurance rates from 19 auto insurers in Colorado and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Colorado. For full coverage, we used the below coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
Cheapest for 20-year-old drivers
Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.
Cheapest full coverage car insurance in Colorado for 20-year-olds
Drivers in Colorado with clean driving records may want to consider the following companies, which had the lowest average rates:
- American National: $1,483 per year, or about $124 per month.
- Colorado Farm Bureau: $2,278 per year, or about $190 per month.
- State Farm: $3,413 per year, or about $284 per month.
- Geico: $3,430 per year, or about $286 per month.
- American Family: $4,170 per year, or about $347 per month.
Cheapest minimum coverage car insurance in Colorado for 20-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:
- American National: $339 per year, or about $28 per month.
- Colorado Farm Bureau: $632 per year, or about $53 per month.
- Geico: $825 per year, or about $69 per month.
- California Casualty: $875 per year, or about $73 per month.
- State Farm: $985 per year, or about $82 per month.
Cheapest auto insurance in Colorado for 20-year-olds with poor credit
Drivers with poor credit in Colorado should look at the following insurers with the lowest average rates for minimum coverage:
- Colorado Farm Bureau: $1,144 per year, or about $95 per month.
- American National: $1,145 per year, or about $95 per month.
- Geico: $1,169 per year, or about $97 per month.
- California Casualty: $1,482 per year, or about $124 per month.
- Grange Insurance Association: $1,576 per year, or about $131 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $413 per year, or about $34 per month.
- Colorado Farm Bureau: $831 per year, or about $69 per month.
- Geico: $899 per year, or about $75 per month.
- California Casualty: $1,166 per year, or about $97 per month.
- State Farm: $1,181 per year, or about $98 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers with one at-fault crash
For drivers with a recent accident in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $515 per year, or about $43 per month.
- Colorado Farm Bureau: $798 per year, or about $67 per month.
- Geico: $1,334 per year, or about $111 per month.
- California Casualty: $1,369 per year, or about $114 per month.
- State Farm: $1,427 per year, or about $119 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.
- American National: $557 per year, or about $46 per month.
- Colorado Farm Bureau: $945 per year, or about $79 per month.
- Progressive: $1,577 per year, or about $131 per month.
- Geico: $1,664 per year, or about $139 per month.
- State Farm: $1,701 per year, or about $142 per month.
Cheapest for 30-year-old drivers
By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.
Cheapest full coverage car insurance in Colorado for 30-year-olds
Drivers in Colorado who want their state's minimum coverage can check with the following companies, which had the lowest average rates:
- American National: $895 per year, or about $75 per month.
- State Farm: $1,549 per year, or about $129 per month.
- Colorado Farm Bureau: $1,670 per year, or about $139 per month.
- Grange Insurance Association: $1,980 per year, or about $165 per month.
- Geico: $1,989 per year, or about $166 per month.
Cheapest minimum coverage car insurance in Colorado for 30-year-olds
Drivers in Colorado who want their state's minimum coverage can check with the following companies, which had the lowest average rates:
- American National: $161 per year, or about $13 per month.
- California Casualty: $267 per year, or about $22 per month.
- Grange Insurance Association: $290 per year, or about $24 per month.
- Colorado Farm Bureau: $329 per year, or about $27 per month.
- State Farm: $356 per year, or about $30 per month.
Cheapest auto insurance in Colorado for 30-year-olds with poor credit
Drivers with poor credit in Colorado should consider the following companies with the lowest average rates for full coverage:
- Grange Insurance Association: $2,642 per year, or about $220 per month.
- Geico: $2,680 per year, or about $223 per month.
- American National: $3,013 per year, or about $251 per month.
- State Farm: $3,028 per year, or about $252 per month.
- Colorado Farm Bureau: $3,304 per year, or about $275 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $195 per year, or about $16 per month.
- Grange Insurance Association: $354 per year, or about $30 per month.
- California Casualty: $375 per year, or about $31 per month.
- State Farm: $428 per year, or about $36 per month.
- Colorado Farm Bureau: $432 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers with one at-fault crash
For drivers in Colorado with a recent accident, here are the lowest average rate options for full coverage:
- American National: $1,149 per year, or about $96 per month.
- Colorado Farm Bureau: $2,013 per year, or about $168 per month.
- State Farm: $2,104 per year, or about $175 per month.
- Grange Insurance Association: $2,618 per year, or about $218 per month.
- California Casualty: $2,939 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers after a DUI
For the cheapest auto insurance after a DUI, we found the following options for full coverage.
- American National: $1,213 per year, or about $101 per month.
- Colorado Farm Bureau: $1,980 per year, or about $165 per month.
- State Farm: $2,373 per year, or about $198 per month.
- American Family: $2,926 per year, or about $244 per month.
- California Casualty: $3,387 per year, or about $282 per month.
Cheapest for 40-year-old drivers
Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.
Cheapest full coverage car insurance in Colorado for 40-year-olds
Drivers in Colorado with clean driving records may want to think about the following companies, which had the lowest average rates:
- American National: $809 per year, or about $67 per month.
- Colorado Farm Bureau: $1,451 per year, or about $121 per month.
- State Farm: $1,496 per year, or about $125 per month.
- Geico: $2,017 per year, or about $168 per month.
- Grange Insurance Association: $2,126 per year, or about $177 per month.
Cheapest minimum coverage car insurance in Colorado for 40-year-olds
Drivers in Colorado who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:
- American National: $153 per year, or about $13 per month.
- Colorado Farm Bureau: $238 per year, or about $20 per month.
- Grange Insurance Association: $312 per year, or about $26 per month.
- California Casualty: $342 per year, or about $29 per month.
- State Farm: $358 per year, or about $30 per month.
Cheapest auto insurance in Colorado for 40-year-olds with poor credit
Drivers with poor credit in Colorado can check out the following insurers with the lowest average rates for full coverage:
- Geico: $2,683 per year, or about $224 per month.
- American National: $2,723 per year, or about $227 per month.
- Grange Insurance Association: $2,844 per year, or about $237 per month.
- Colorado Farm Bureau: $2,899 per year, or about $242 per month.
- State Farm: $2,938 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $185 per year, or about $15 per month.
- Colorado Farm Bureau: $313 per year, or about $26 per month.
- Grange Insurance Association: $382 per year, or about $32 per month.
- State Farm: $428 per year, or about $36 per month.
- California Casualty: $480 per year, or about $40 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $1,029 per year, or about $86 per month.
- Colorado Farm Bureau: $1,725 per year, or about $144 per month.
- State Farm: $2,038 per year, or about $170 per month.
- American Family: $2,700 per year, or about $225 per month.
- Grange Insurance Association: $2,808 per year, or about $234 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers after a DUI
The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.
- American National: $1,081 per year, or about $90 per month.
- Colorado Farm Bureau: $1,679 per year, or about $140 per month.
- State Farm: $2,318 per year, or about $193 per month.
- American Family: $2,903 per year, or about $242 per month.
- Progressive: $3,169 per year, or about $264 per month.
Cheapest for 50-year-old drivers
Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.
Cheapest full coverage car insurance in Colorado for 50-year-olds
Drivers in Colorado with clean driving records may want to get quotes from these insurers, which had the lowest average rates:
- American National: $785 per year, or about $65 per month.
- Colorado Farm Bureau: $1,401 per year, or about $117 per month.
- State Farm: $1,442 per year, or about $120 per month.
- Grange Insurance Association: $1,916 per year, or about $160 per month.
- Geico: $1,952 per year, or about $163 per month.
Cheapest minimum coverage car insurance in Colorado for 50-year-olds
Drivers in Colorado who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:
- American National: $145 per year, or about $12 per month.
- Colorado Farm Bureau: $226 per year, or about $19 per month.
- Grange Insurance Association: $270 per year, or about $23 per month.
- California Casualty: $339 per year, or about $28 per month.
- State Farm: $352 per year, or about $29 per month.
Cheapest auto insurance in Colorado for 50-year-olds with poor credit
Drivers with poor credit in Colorado can check with the following companies, which showed the lowest average rates for full coverage:
- Grange Insurance Association: $2,558 per year, or about $213 per month.
- American National: $2,639 per year, or about $220 per month.
- Geico: $2,646 per year, or about $221 per month.
- Colorado Farm Bureau: $2,799 per year, or about $233 per month.
- State Farm: $2,827 per year, or about $236 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $175 per year, or about $15 per month.
- Colorado Farm Bureau: $298 per year, or about $25 per month.
- Grange Insurance Association: $332 per year, or about $28 per month.
- State Farm: $422 per year, or about $35 per month.
- California Casualty: $475 per year, or about $40 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers with one at-fault crash
For drivers living in Colorado with a recent accident, here are the insurers with the lowest average full coverage rates:
- American National: $999 per year, or about $83 per month.
- Colorado Farm Bureau: $1,653 per year, or about $138 per month.
- State Farm: $1,966 per year, or about $164 per month.
- American Family: $2,473 per year, or about $206 per month.
- Grange Insurance Association: $2,538 per year, or about $212 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers after a DUI
The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.
- American National: $1,045 per year, or about $87 per month.
- Colorado Farm Bureau: $1,606 per year, or about $134 per month.
- State Farm: $2,230 per year, or about $186 per month.
- American Family: $2,648 per year, or about $221 per month.
- Progressive: $2,921 per year, or about $243 per month.
Cheapest for 60-year-old drivers
Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.
Cheapest full coverage car insurance in Colorado for 60-year-olds
Drivers in Colorado with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:
- American National: $697 per year, or about $58 per month.
- State Farm: $1,335 per year, or about $111 per month.
- Colorado Farm Bureau: $1,471 per year, or about $123 per month.
- Geico: $1,930 per year, or about $161 per month.
- American Family: $1,951 per year, or about $163 per month.
Cheapest minimum coverage car insurance in Colorado for 60-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:
- American National: $139 per year, or about $12 per month.
- Colorado Farm Bureau: $278 per year, or about $23 per month.
- Grange Insurance Association: $280 per year, or about $23 per month.
- California Casualty: $307 per year, or about $26 per month.
- State Farm: $326 per year, or about $27 per month.
Cheapest auto insurance in Colorado for 60-year-olds with poor credit
Drivers with poor credit in Colorado can look at the following companies with the lowest average rates for full coverage:
- American National: $2,341 per year, or about $195 per month.
- Geico: $2,597 per year, or about $216 per month.
- State Farm: $2,605 per year, or about $217 per month.
- Grange Insurance Association: $2,638 per year, or about $220 per month.
- Colorado Farm Bureau: $2,940 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $167 per year, or about $14 per month.
- Grange Insurance Association: $342 per year, or about $29 per month.
- Colorado Farm Bureau: $366 per year, or about $31 per month.
- State Farm: $391 per year, or about $33 per month.
- California Casualty: $432 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $891 per year, or about $74 per month.
- Colorado Farm Bureau: $1,745 per year, or about $145 per month.
- State Farm: $1,823 per year, or about $152 per month.
- American Family: $2,453 per year, or about $204 per month.
- Grange Insurance Association: $2,618 per year, or about $218 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.
- American National: $934 per year, or about $78 per month.
- Colorado Farm Bureau: $1,718 per year, or about $143 per month.
- State Farm: $2,071 per year, or about $173 per month.
- American Family: $2,636 per year, or about $220 per month.
- Progressive: $2,790 per year, or about $233 per month.
Cheapest for 70-year-old drivers
Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.
Cheapest full coverage car insurance in Colorado for 70-year-olds
Drivers in Colorado with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:
- American National: $762 per year, or about $64 per month.
- State Farm: $1,384 per year, or about $115 per month.
- Colorado Farm Bureau: $1,723 per year, or about $144 per month.
- American Family: $2,006 per year, or about $167 per month.
- Geico: $2,177 per year, or about $181 per month.
Cheapest minimum coverage car insurance in Colorado for 70-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:
- American National: $189 per year, or about $16 per month.
- Grange Insurance Association: $322 per year, or about $27 per month.
- California Casualty: $352 per year, or about $29 per month.
- State Farm: $355 per year, or about $30 per month.
- Colorado Farm Bureau: $430 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 70-year-olds with poor credit
Drivers with poor credit in Colorado can look at the following companies with the lowest average rates for full coverage:
- American National: $2,565 per year, or about $214 per month.
- State Farm: $2,698 per year, or about $225 per month.
- Geico: $2,795 per year, or about $233 per month.
- Grange Insurance Association: $2,940 per year, or about $245 per month.
- American Family: $3,337 per year, or about $278 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $227 per year, or about $19 per month.
- Grange Insurance Association: $394 per year, or about $33 per month.
- State Farm: $423 per year, or about $35 per month.
- California Casualty: $517 per year, or about $43 per month.
- Colorado Farm Bureau: $575 per year, or about $48 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $1,013 per year, or about $84 per month.
- State Farm: $1,899 per year, or about $158 per month.
- Colorado Farm Bureau: $2,075 per year, or about $173 per month.
- American Family: $2,623 per year, or about $219 per month.
- Grange Insurance Association: $2,904 per year, or about $242 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.
- American National: $1,072 per year, or about $89 per month.
- Colorado Farm Bureau: $2,082 per year, or about $173 per month.
- State Farm: $2,171 per year, or about $181 per month.
- American Family: $2,817 per year, or about $235 per month.
- Progressive: $3,141 per year, or about $262 per month.
Cheapest car insurance for military families
If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.
Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest five auto insurance options for 69 of the 70 driver profiles we examined.
Minimum auto insurance limits required in Colorado
Colorado drivers are required to carry liability insurance, which helps pay for others' injuries or property damage if you're responsible for a crash.
The minimum coverage levels you must buy in Colorado are:
$25,000 bodily injury liability per person.
$50,000 bodily injury liability per accident.
$15,000 property damage liability per accident.
Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.
But it’s often best to buy more than the bare minimum to avoid being left vulnerable to lawsuits or major accident bills. You also want to consider other coverage types such as collision and comprehensive, which pay for damage to or theft of your own car.
Check out NerdWallet's guide to state car insurance requirements.
Alternative car insurance in Colorado
Colorado drivers who can’t get coverage on the open market because of past crashes or other factors can apply for coverage through the Colorado Motor Vehicle Plan.
For more help finding Colorado car insurance at the most competitive price, try NerdWallet’s comparison shopping tool.
For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.
For full coverage policies, we used the following coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.
We used a 2020 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.
We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.
We used the same assumptions for all other driver profiles, with the following exceptions:
For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.
How we chose the cheapest companies in Colorado
NerdWallet’s editorial team analyzed car insurance rates from 19 auto insurers in Colorado and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Colorado. For full coverage, we used the below coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
Cheapest for 20-year-old drivers
Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.
Cheapest full coverage car insurance in Colorado for 20-year-olds
Drivers in Colorado with clean driving records may want to consider the following companies, which had the lowest average rates:
- American National: $1,483 per year, or about $124 per month.
- Colorado Farm Bureau: $2,278 per year, or about $190 per month.
- State Farm: $3,413 per year, or about $284 per month.
- Geico: $3,430 per year, or about $286 per month.
- American Family: $4,170 per year, or about $347 per month.
Cheapest minimum coverage car insurance in Colorado for 20-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:
- American National: $339 per year, or about $28 per month.
- Colorado Farm Bureau: $632 per year, or about $53 per month.
- Geico: $825 per year, or about $69 per month.
- California Casualty: $875 per year, or about $73 per month.
- State Farm: $985 per year, or about $82 per month.
Cheapest auto insurance in Colorado for 20-year-olds with poor credit
Drivers with poor credit in Colorado should look at the following insurers with the lowest average rates for minimum coverage:
- Colorado Farm Bureau: $1,144 per year, or about $95 per month.
- American National: $1,145 per year, or about $95 per month.
- Geico: $1,169 per year, or about $97 per month.
- California Casualty: $1,482 per year, or about $124 per month.
- Grange Insurance Association: $1,576 per year, or about $131 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $413 per year, or about $34 per month.
- Colorado Farm Bureau: $831 per year, or about $69 per month.
- Geico: $899 per year, or about $75 per month.
- California Casualty: $1,166 per year, or about $97 per month.
- State Farm: $1,181 per year, or about $98 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers with one at-fault crash
For drivers with a recent accident in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $515 per year, or about $43 per month.
- Colorado Farm Bureau: $798 per year, or about $67 per month.
- Geico: $1,334 per year, or about $111 per month.
- California Casualty: $1,369 per year, or about $114 per month.
- State Farm: $1,427 per year, or about $119 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.
- American National: $557 per year, or about $46 per month.
- Colorado Farm Bureau: $945 per year, or about $79 per month.
- Progressive: $1,577 per year, or about $131 per month.
- Geico: $1,664 per year, or about $139 per month.
- State Farm: $1,701 per year, or about $142 per month.
Cheapest for 30-year-old drivers
By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.
Cheapest full coverage car insurance in Colorado for 30-year-olds
Drivers in Colorado who want their state's minimum coverage can check with the following companies, which had the lowest average rates:
- American National: $895 per year, or about $75 per month.
- State Farm: $1,549 per year, or about $129 per month.
- Colorado Farm Bureau: $1,670 per year, or about $139 per month.
- Grange Insurance Association: $1,980 per year, or about $165 per month.
- Geico: $1,989 per year, or about $166 per month.
Cheapest minimum coverage car insurance in Colorado for 30-year-olds
Drivers in Colorado who want their state's minimum coverage can check with the following companies, which had the lowest average rates:
- American National: $161 per year, or about $13 per month.
- California Casualty: $267 per year, or about $22 per month.
- Grange Insurance Association: $290 per year, or about $24 per month.
- Colorado Farm Bureau: $329 per year, or about $27 per month.
- State Farm: $356 per year, or about $30 per month.
Cheapest auto insurance in Colorado for 30-year-olds with poor credit
Drivers with poor credit in Colorado should consider the following companies with the lowest average rates for full coverage:
- Grange Insurance Association: $2,642 per year, or about $220 per month.
- Geico: $2,680 per year, or about $223 per month.
- American National: $3,013 per year, or about $251 per month.
- State Farm: $3,028 per year, or about $252 per month.
- Colorado Farm Bureau: $3,304 per year, or about $275 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $195 per year, or about $16 per month.
- Grange Insurance Association: $354 per year, or about $30 per month.
- California Casualty: $375 per year, or about $31 per month.
- State Farm: $428 per year, or about $36 per month.
- Colorado Farm Bureau: $432 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers with one at-fault crash
For drivers in Colorado with a recent accident, here are the lowest average rate options for full coverage:
- American National: $1,149 per year, or about $96 per month.
- Colorado Farm Bureau: $2,013 per year, or about $168 per month.
- State Farm: $2,104 per year, or about $175 per month.
- Grange Insurance Association: $2,618 per year, or about $218 per month.
- California Casualty: $2,939 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers after a DUI
For the cheapest auto insurance after a DUI, we found the following options for full coverage.
- American National: $1,213 per year, or about $101 per month.
- Colorado Farm Bureau: $1,980 per year, or about $165 per month.
- State Farm: $2,373 per year, or about $198 per month.
- American Family: $2,926 per year, or about $244 per month.
- California Casualty: $3,387 per year, or about $282 per month.
Cheapest for 40-year-old drivers
Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.
Cheapest full coverage car insurance in Colorado for 40-year-olds
Drivers in Colorado with clean driving records may want to think about the following companies, which had the lowest average rates:
- American National: $809 per year, or about $67 per month.
- Colorado Farm Bureau: $1,451 per year, or about $121 per month.
- State Farm: $1,496 per year, or about $125 per month.
- Geico: $2,017 per year, or about $168 per month.
- Grange Insurance Association: $2,126 per year, or about $177 per month.
Cheapest minimum coverage car insurance in Colorado for 40-year-olds
Drivers in Colorado who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:
- American National: $153 per year, or about $13 per month.
- Colorado Farm Bureau: $238 per year, or about $20 per month.
- Grange Insurance Association: $312 per year, or about $26 per month.
- California Casualty: $342 per year, or about $29 per month.
- State Farm: $358 per year, or about $30 per month.
Cheapest auto insurance in Colorado for 40-year-olds with poor credit
Drivers with poor credit in Colorado can check out the following insurers with the lowest average rates for full coverage:
- Geico: $2,683 per year, or about $224 per month.
- American National: $2,723 per year, or about $227 per month.
- Grange Insurance Association: $2,844 per year, or about $237 per month.
- Colorado Farm Bureau: $2,899 per year, or about $242 per month.
- State Farm: $2,938 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $185 per year, or about $15 per month.
- Colorado Farm Bureau: $313 per year, or about $26 per month.
- Grange Insurance Association: $382 per year, or about $32 per month.
- State Farm: $428 per year, or about $36 per month.
- California Casualty: $480 per year, or about $40 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $1,029 per year, or about $86 per month.
- Colorado Farm Bureau: $1,725 per year, or about $144 per month.
- State Farm: $2,038 per year, or about $170 per month.
- American Family: $2,700 per year, or about $225 per month.
- Grange Insurance Association: $2,808 per year, or about $234 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers after a DUI
The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.
- American National: $1,081 per year, or about $90 per month.
- Colorado Farm Bureau: $1,679 per year, or about $140 per month.
- State Farm: $2,318 per year, or about $193 per month.
- American Family: $2,903 per year, or about $242 per month.
- Progressive: $3,169 per year, or about $264 per month.
Cheapest for 50-year-old drivers
Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.
Cheapest full coverage car insurance in Colorado for 50-year-olds
Drivers in Colorado with clean driving records may want to get quotes from these insurers, which had the lowest average rates:
- American National: $785 per year, or about $65 per month.
- Colorado Farm Bureau: $1,401 per year, or about $117 per month.
- State Farm: $1,442 per year, or about $120 per month.
- Grange Insurance Association: $1,916 per year, or about $160 per month.
- Geico: $1,952 per year, or about $163 per month.
Cheapest minimum coverage car insurance in Colorado for 50-year-olds
Drivers in Colorado who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:
- American National: $145 per year, or about $12 per month.
- Colorado Farm Bureau: $226 per year, or about $19 per month.
- Grange Insurance Association: $270 per year, or about $23 per month.
- California Casualty: $339 per year, or about $28 per month.
- State Farm: $352 per year, or about $29 per month.
Cheapest auto insurance in Colorado for 50-year-olds with poor credit
Drivers with poor credit in Colorado can check with the following companies, which showed the lowest average rates for full coverage:
- Grange Insurance Association: $2,558 per year, or about $213 per month.
- American National: $2,639 per year, or about $220 per month.
- Geico: $2,646 per year, or about $221 per month.
- Colorado Farm Bureau: $2,799 per year, or about $233 per month.
- State Farm: $2,827 per year, or about $236 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $175 per year, or about $15 per month.
- Colorado Farm Bureau: $298 per year, or about $25 per month.
- Grange Insurance Association: $332 per year, or about $28 per month.
- State Farm: $422 per year, or about $35 per month.
- California Casualty: $475 per year, or about $40 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers with one at-fault crash
For drivers living in Colorado with a recent accident, here are the insurers with the lowest average full coverage rates:
- American National: $999 per year, or about $83 per month.
- Colorado Farm Bureau: $1,653 per year, or about $138 per month.
- State Farm: $1,966 per year, or about $164 per month.
- American Family: $2,473 per year, or about $206 per month.
- Grange Insurance Association: $2,538 per year, or about $212 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers after a DUI
The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.
- American National: $1,045 per year, or about $87 per month.
- Colorado Farm Bureau: $1,606 per year, or about $134 per month.
- State Farm: $2,230 per year, or about $186 per month.
- American Family: $2,648 per year, or about $221 per month.
- Progressive: $2,921 per year, or about $243 per month.
Cheapest for 60-year-old drivers
Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.
Cheapest full coverage car insurance in Colorado for 60-year-olds
Drivers in Colorado with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:
- American National: $697 per year, or about $58 per month.
- State Farm: $1,335 per year, or about $111 per month.
- Colorado Farm Bureau: $1,471 per year, or about $123 per month.
- Geico: $1,930 per year, or about $161 per month.
- American Family: $1,951 per year, or about $163 per month.
Cheapest minimum coverage car insurance in Colorado for 60-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:
- American National: $139 per year, or about $12 per month.
- Colorado Farm Bureau: $278 per year, or about $23 per month.
- Grange Insurance Association: $280 per year, or about $23 per month.
- California Casualty: $307 per year, or about $26 per month.
- State Farm: $326 per year, or about $27 per month.
Cheapest auto insurance in Colorado for 60-year-olds with poor credit
Drivers with poor credit in Colorado can look at the following companies with the lowest average rates for full coverage:
- American National: $2,341 per year, or about $195 per month.
- Geico: $2,597 per year, or about $216 per month.
- State Farm: $2,605 per year, or about $217 per month.
- Grange Insurance Association: $2,638 per year, or about $220 per month.
- Colorado Farm Bureau: $2,940 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $167 per year, or about $14 per month.
- Grange Insurance Association: $342 per year, or about $29 per month.
- Colorado Farm Bureau: $366 per year, or about $31 per month.
- State Farm: $391 per year, or about $33 per month.
- California Casualty: $432 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $891 per year, or about $74 per month.
- Colorado Farm Bureau: $1,745 per year, or about $145 per month.
- State Farm: $1,823 per year, or about $152 per month.
- American Family: $2,453 per year, or about $204 per month.
- Grange Insurance Association: $2,618 per year, or about $218 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.
- American National: $934 per year, or about $78 per month.
- Colorado Farm Bureau: $1,718 per year, or about $143 per month.
- State Farm: $2,071 per year, or about $173 per month.
- American Family: $2,636 per year, or about $220 per month.
- Progressive: $2,790 per year, or about $233 per month.
Cheapest for 70-year-old drivers
Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.
Cheapest full coverage car insurance in Colorado for 70-year-olds
Drivers in Colorado with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:
- American National: $762 per year, or about $64 per month.
- State Farm: $1,384 per year, or about $115 per month.
- Colorado Farm Bureau: $1,723 per year, or about $144 per month.
- American Family: $2,006 per year, or about $167 per month.
- Geico: $2,177 per year, or about $181 per month.
Cheapest minimum coverage car insurance in Colorado for 70-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:
- American National: $189 per year, or about $16 per month.
- Grange Insurance Association: $322 per year, or about $27 per month.
- California Casualty: $352 per year, or about $29 per month.
- State Farm: $355 per year, or about $30 per month.
- Colorado Farm Bureau: $430 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 70-year-olds with poor credit
Drivers with poor credit in Colorado can look at the following companies with the lowest average rates for full coverage:
- American National: $2,565 per year, or about $214 per month.
- State Farm: $2,698 per year, or about $225 per month.
- Geico: $2,795 per year, or about $233 per month.
- Grange Insurance Association: $2,940 per year, or about $245 per month.
- American Family: $3,337 per year, or about $278 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $227 per year, or about $19 per month.
- Grange Insurance Association: $394 per year, or about $33 per month.
- State Farm: $423 per year, or about $35 per month.
- California Casualty: $517 per year, or about $43 per month.
- Colorado Farm Bureau: $575 per year, or about $48 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $1,013 per year, or about $84 per month.
- State Farm: $1,899 per year, or about $158 per month.
- Colorado Farm Bureau: $2,075 per year, or about $173 per month.
- American Family: $2,623 per year, or about $219 per month.
- Grange Insurance Association: $2,904 per year, or about $242 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.
- American National: $1,072 per year, or about $89 per month.
- Colorado Farm Bureau: $2,082 per year, or about $173 per month.
- State Farm: $2,171 per year, or about $181 per month.
- American Family: $2,817 per year, or about $235 per month.
- Progressive: $3,141 per year, or about $262 per month.
Cheapest car insurance for military families
If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.
Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest five auto insurance options for 69 of the 70 driver profiles we examined.
Minimum auto insurance limits required in Colorado
Colorado drivers are required to carry liability insurance, which helps pay for others' injuries or property damage if you're responsible for a crash.
The minimum coverage levels you must buy in Colorado are:
$25,000 bodily injury liability per person.
$50,000 bodily injury liability per accident.
$15,000 property damage liability per accident.
Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.
But it’s often best to buy more than the bare minimum to avoid being left vulnerable to lawsuits or major accident bills. You also want to consider other coverage types such as collision and comprehensive, which pay for damage to or theft of your own car.
Check out NerdWallet's guide to state car insurance requirements.
Alternative car insurance in Colorado
Colorado drivers who can’t get coverage on the open market because of past crashes or other factors can apply for coverage through the Colorado Motor Vehicle Plan.
For more help finding Colorado car insurance at the most competitive price, try NerdWallet’s comparison shopping tool.
For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.
For full coverage policies, we used the following coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.
We used a 2020 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.
We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.
We used the same assumptions for all other driver profiles, with the following exceptions:
For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.
How we chose the cheapest companies in Colorado
NerdWallet’s editorial team analyzed car insurance rates from 19 auto insurers in Colorado and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Colorado. For full coverage, we used the below coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
Cheapest for 20-year-old drivers
Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.
Cheapest full coverage car insurance in Colorado for 20-year-olds
Drivers in Colorado with clean driving records may want to consider the following companies, which had the lowest average rates:
- American National: $1,483 per year, or about $124 per month.
- Colorado Farm Bureau: $2,278 per year, or about $190 per month.
- State Farm: $3,413 per year, or about $284 per month.
- Geico: $3,430 per year, or about $286 per month.
- American Family: $4,170 per year, or about $347 per month.
Cheapest minimum coverage car insurance in Colorado for 20-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:
- American National: $339 per year, or about $28 per month.
- Colorado Farm Bureau: $632 per year, or about $53 per month.
- Geico: $825 per year, or about $69 per month.
- California Casualty: $875 per year, or about $73 per month.
- State Farm: $985 per year, or about $82 per month.
Cheapest auto insurance in Colorado for 20-year-olds with poor credit
Drivers with poor credit in Colorado should look at the following insurers with the lowest average rates for minimum coverage:
- Colorado Farm Bureau: $1,144 per year, or about $95 per month.
- American National: $1,145 per year, or about $95 per month.
- Geico: $1,169 per year, or about $97 per month.
- California Casualty: $1,482 per year, or about $124 per month.
- Grange Insurance Association: $1,576 per year, or about $131 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $413 per year, or about $34 per month.
- Colorado Farm Bureau: $831 per year, or about $69 per month.
- Geico: $899 per year, or about $75 per month.
- California Casualty: $1,166 per year, or about $97 per month.
- State Farm: $1,181 per year, or about $98 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers with one at-fault crash
For drivers with a recent accident in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $515 per year, or about $43 per month.
- Colorado Farm Bureau: $798 per year, or about $67 per month.
- Geico: $1,334 per year, or about $111 per month.
- California Casualty: $1,369 per year, or about $114 per month.
- State Farm: $1,427 per year, or about $119 per month.
Cheapest auto insurance in Colorado for 20-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.
- American National: $557 per year, or about $46 per month.
- Colorado Farm Bureau: $945 per year, or about $79 per month.
- Progressive: $1,577 per year, or about $131 per month.
- Geico: $1,664 per year, or about $139 per month.
- State Farm: $1,701 per year, or about $142 per month.
Cheapest for 30-year-old drivers
By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.
Cheapest full coverage car insurance in Colorado for 30-year-olds
Drivers in Colorado who want their state's minimum coverage can check with the following companies, which had the lowest average rates:
- American National: $895 per year, or about $75 per month.
- State Farm: $1,549 per year, or about $129 per month.
- Colorado Farm Bureau: $1,670 per year, or about $139 per month.
- Grange Insurance Association: $1,980 per year, or about $165 per month.
- Geico: $1,989 per year, or about $166 per month.
Cheapest minimum coverage car insurance in Colorado for 30-year-olds
Drivers in Colorado who want their state's minimum coverage can check with the following companies, which had the lowest average rates:
- American National: $161 per year, or about $13 per month.
- California Casualty: $267 per year, or about $22 per month.
- Grange Insurance Association: $290 per year, or about $24 per month.
- Colorado Farm Bureau: $329 per year, or about $27 per month.
- State Farm: $356 per year, or about $30 per month.
Cheapest auto insurance in Colorado for 30-year-olds with poor credit
Drivers with poor credit in Colorado should consider the following companies with the lowest average rates for full coverage:
- Grange Insurance Association: $2,642 per year, or about $220 per month.
- Geico: $2,680 per year, or about $223 per month.
- American National: $3,013 per year, or about $251 per month.
- State Farm: $3,028 per year, or about $252 per month.
- Colorado Farm Bureau: $3,304 per year, or about $275 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $195 per year, or about $16 per month.
- Grange Insurance Association: $354 per year, or about $30 per month.
- California Casualty: $375 per year, or about $31 per month.
- State Farm: $428 per year, or about $36 per month.
- Colorado Farm Bureau: $432 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers with one at-fault crash
For drivers in Colorado with a recent accident, here are the lowest average rate options for full coverage:
- American National: $1,149 per year, or about $96 per month.
- Colorado Farm Bureau: $2,013 per year, or about $168 per month.
- State Farm: $2,104 per year, or about $175 per month.
- Grange Insurance Association: $2,618 per year, or about $218 per month.
- California Casualty: $2,939 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 30-year-old drivers after a DUI
For the cheapest auto insurance after a DUI, we found the following options for full coverage.
- American National: $1,213 per year, or about $101 per month.
- Colorado Farm Bureau: $1,980 per year, or about $165 per month.
- State Farm: $2,373 per year, or about $198 per month.
- American Family: $2,926 per year, or about $244 per month.
- California Casualty: $3,387 per year, or about $282 per month.
Cheapest for 40-year-old drivers
Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.
Cheapest full coverage car insurance in Colorado for 40-year-olds
Drivers in Colorado with clean driving records may want to think about the following companies, which had the lowest average rates:
- American National: $809 per year, or about $67 per month.
- Colorado Farm Bureau: $1,451 per year, or about $121 per month.
- State Farm: $1,496 per year, or about $125 per month.
- Geico: $2,017 per year, or about $168 per month.
- Grange Insurance Association: $2,126 per year, or about $177 per month.
Cheapest minimum coverage car insurance in Colorado for 40-year-olds
Drivers in Colorado who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:
- American National: $153 per year, or about $13 per month.
- Colorado Farm Bureau: $238 per year, or about $20 per month.
- Grange Insurance Association: $312 per year, or about $26 per month.
- California Casualty: $342 per year, or about $29 per month.
- State Farm: $358 per year, or about $30 per month.
Cheapest auto insurance in Colorado for 40-year-olds with poor credit
Drivers with poor credit in Colorado can check out the following insurers with the lowest average rates for full coverage:
- Geico: $2,683 per year, or about $224 per month.
- American National: $2,723 per year, or about $227 per month.
- Grange Insurance Association: $2,844 per year, or about $237 per month.
- Colorado Farm Bureau: $2,899 per year, or about $242 per month.
- State Farm: $2,938 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $185 per year, or about $15 per month.
- Colorado Farm Bureau: $313 per year, or about $26 per month.
- Grange Insurance Association: $382 per year, or about $32 per month.
- State Farm: $428 per year, or about $36 per month.
- California Casualty: $480 per year, or about $40 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $1,029 per year, or about $86 per month.
- Colorado Farm Bureau: $1,725 per year, or about $144 per month.
- State Farm: $2,038 per year, or about $170 per month.
- American Family: $2,700 per year, or about $225 per month.
- Grange Insurance Association: $2,808 per year, or about $234 per month.
Cheapest auto insurance in Colorado for 40-year-old drivers after a DUI
The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.
- American National: $1,081 per year, or about $90 per month.
- Colorado Farm Bureau: $1,679 per year, or about $140 per month.
- State Farm: $2,318 per year, or about $193 per month.
- American Family: $2,903 per year, or about $242 per month.
- Progressive: $3,169 per year, or about $264 per month.
Cheapest for 50-year-old drivers
Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.
Cheapest full coverage car insurance in Colorado for 50-year-olds
Drivers in Colorado with clean driving records may want to get quotes from these insurers, which had the lowest average rates:
- American National: $785 per year, or about $65 per month.
- Colorado Farm Bureau: $1,401 per year, or about $117 per month.
- State Farm: $1,442 per year, or about $120 per month.
- Grange Insurance Association: $1,916 per year, or about $160 per month.
- Geico: $1,952 per year, or about $163 per month.
Cheapest minimum coverage car insurance in Colorado for 50-year-olds
Drivers in Colorado who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:
- American National: $145 per year, or about $12 per month.
- Colorado Farm Bureau: $226 per year, or about $19 per month.
- Grange Insurance Association: $270 per year, or about $23 per month.
- California Casualty: $339 per year, or about $28 per month.
- State Farm: $352 per year, or about $29 per month.
Cheapest auto insurance in Colorado for 50-year-olds with poor credit
Drivers with poor credit in Colorado can check with the following companies, which showed the lowest average rates for full coverage:
- Grange Insurance Association: $2,558 per year, or about $213 per month.
- American National: $2,639 per year, or about $220 per month.
- Geico: $2,646 per year, or about $221 per month.
- Colorado Farm Bureau: $2,799 per year, or about $233 per month.
- State Farm: $2,827 per year, or about $236 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $175 per year, or about $15 per month.
- Colorado Farm Bureau: $298 per year, or about $25 per month.
- Grange Insurance Association: $332 per year, or about $28 per month.
- State Farm: $422 per year, or about $35 per month.
- California Casualty: $475 per year, or about $40 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers with one at-fault crash
For drivers living in Colorado with a recent accident, here are the insurers with the lowest average full coverage rates:
- American National: $999 per year, or about $83 per month.
- Colorado Farm Bureau: $1,653 per year, or about $138 per month.
- State Farm: $1,966 per year, or about $164 per month.
- American Family: $2,473 per year, or about $206 per month.
- Grange Insurance Association: $2,538 per year, or about $212 per month.
Cheapest auto insurance in Colorado for 50-year-old drivers after a DUI
The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.
- American National: $1,045 per year, or about $87 per month.
- Colorado Farm Bureau: $1,606 per year, or about $134 per month.
- State Farm: $2,230 per year, or about $186 per month.
- American Family: $2,648 per year, or about $221 per month.
- Progressive: $2,921 per year, or about $243 per month.
Cheapest for 60-year-old drivers
Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.
Cheapest full coverage car insurance in Colorado for 60-year-olds
Drivers in Colorado with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:
- American National: $697 per year, or about $58 per month.
- State Farm: $1,335 per year, or about $111 per month.
- Colorado Farm Bureau: $1,471 per year, or about $123 per month.
- Geico: $1,930 per year, or about $161 per month.
- American Family: $1,951 per year, or about $163 per month.
Cheapest minimum coverage car insurance in Colorado for 60-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:
- American National: $139 per year, or about $12 per month.
- Colorado Farm Bureau: $278 per year, or about $23 per month.
- Grange Insurance Association: $280 per year, or about $23 per month.
- California Casualty: $307 per year, or about $26 per month.
- State Farm: $326 per year, or about $27 per month.
Cheapest auto insurance in Colorado for 60-year-olds with poor credit
Drivers with poor credit in Colorado can look at the following companies with the lowest average rates for full coverage:
- American National: $2,341 per year, or about $195 per month.
- Geico: $2,597 per year, or about $216 per month.
- State Farm: $2,605 per year, or about $217 per month.
- Grange Insurance Association: $2,638 per year, or about $220 per month.
- Colorado Farm Bureau: $2,940 per year, or about $245 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $167 per year, or about $14 per month.
- Grange Insurance Association: $342 per year, or about $29 per month.
- Colorado Farm Bureau: $366 per year, or about $31 per month.
- State Farm: $391 per year, or about $33 per month.
- California Casualty: $432 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $891 per year, or about $74 per month.
- Colorado Farm Bureau: $1,745 per year, or about $145 per month.
- State Farm: $1,823 per year, or about $152 per month.
- American Family: $2,453 per year, or about $204 per month.
- Grange Insurance Association: $2,618 per year, or about $218 per month.
Cheapest auto insurance in Colorado for 60-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.
- American National: $934 per year, or about $78 per month.
- Colorado Farm Bureau: $1,718 per year, or about $143 per month.
- State Farm: $2,071 per year, or about $173 per month.
- American Family: $2,636 per year, or about $220 per month.
- Progressive: $2,790 per year, or about $233 per month.
Cheapest for 70-year-old drivers
Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.
Cheapest full coverage car insurance in Colorado for 70-year-olds
Drivers in Colorado with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:
- American National: $762 per year, or about $64 per month.
- State Farm: $1,384 per year, or about $115 per month.
- Colorado Farm Bureau: $1,723 per year, or about $144 per month.
- American Family: $2,006 per year, or about $167 per month.
- Geico: $2,177 per year, or about $181 per month.
Cheapest minimum coverage car insurance in Colorado for 70-year-olds
Drivers in Colorado who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:
- American National: $189 per year, or about $16 per month.
- Grange Insurance Association: $322 per year, or about $27 per month.
- California Casualty: $352 per year, or about $29 per month.
- State Farm: $355 per year, or about $30 per month.
- Colorado Farm Bureau: $430 per year, or about $36 per month.
Cheapest auto insurance in Colorado for 70-year-olds with poor credit
Drivers with poor credit in Colorado can look at the following companies with the lowest average rates for full coverage:
- American National: $2,565 per year, or about $214 per month.
- State Farm: $2,698 per year, or about $225 per month.
- Geico: $2,795 per year, or about $233 per month.
- Grange Insurance Association: $2,940 per year, or about $245 per month.
- American Family: $3,337 per year, or about $278 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Colorado, here are the companies with the lowest average rates for minimum coverage:
- American National: $227 per year, or about $19 per month.
- Grange Insurance Association: $394 per year, or about $33 per month.
- State Farm: $423 per year, or about $35 per month.
- California Casualty: $517 per year, or about $43 per month.
- Colorado Farm Bureau: $575 per year, or about $48 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers with one at-fault crash
For drivers with a recent accident living in Colorado, here are the companies with the lowest average rates for full coverage:
- American National: $1,013 per year, or about $84 per month.
- State Farm: $1,899 per year, or about $158 per month.
- Colorado Farm Bureau: $2,075 per year, or about $173 per month.
- American Family: $2,623 per year, or about $219 per month.
- Grange Insurance Association: $2,904 per year, or about $242 per month.
Cheapest auto insurance in Colorado for 70-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.
- American National: $1,072 per year, or about $89 per month.
- Colorado Farm Bureau: $2,082 per year, or about $173 per month.
- State Farm: $2,171 per year, or about $181 per month.
- American Family: $2,817 per year, or about $235 per month.
- Progressive: $3,141 per year, or about $262 per month.
Cheapest car insurance for military families
If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.
Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest five auto insurance options for 69 of the 70 driver profiles we examined.
Minimum auto insurance limits required in Colorado
Colorado drivers are required to carry liability insurance, which helps pay for others' injuries or property damage if you're responsible for a crash.
The minimum coverage levels you must buy in Colorado are:
$25,000 bodily injury liability per person.
$50,000 bodily injury liability per accident.
$15,000 property damage liability per accident.
Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.
But it’s often best to buy more than the bare minimum to avoid being left vulnerable to lawsuits or major accident bills. You also want to consider other coverage types such as collision and comprehensive, which pay for damage to or theft of your own car.
Check out NerdWallet's guide to state car insurance requirements.
Alternative car insurance in Colorado
Colorado drivers who can’t get coverage on the open market because of past crashes or other factors can apply for coverage through the Colorado Motor Vehicle Plan.
For more help finding Colorado car insurance at the most competitive price, try NerdWallet’s comparison shopping tool.
For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.
For full coverage policies, we used the following coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.
We used a 2020 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.
We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.
We used the same assumptions for all other driver profiles, with the following exceptions:
For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.
