Cheapest Car Insurance in Colorado
Numbers refreshed on
Where Colorado publishes insurer prices, we rank them, and we show ways to lower your own bill.
- $69.That's the average monthly cost for legal minimum coverage.
- 25/50/15.These are the minimum liability limits.
- The 10th most expensive of 51 states (1st = highest).
Colorado's cheapest for an adult with a clean record
The state priced this profile: Single male, age 25, principal operator, under 10 miles to work one way, clean record, 15,000 mi/yr, 2019 Toyota Camry LE, 25/50/15 + comp/coll $1,000 ded.
| Rank | Insurer | Per year | Per month |
|---|---|---|---|
| 1 | Tesla Property & Casualty, Inc. | $2,002 | $167 |
| 2 | Toggle Insurance Company | $2,520 | $210 |
| 3 | Horace Mann Insurance Company | $2,646 | $220 |
| 4 | Progressive | $2,680 | $223 |
| 5 | Integon National Insurance Company | $2,716 | $226 |
| 6 | Noblr Reciprocal Exchange | $2,756 | $230 |
| 7 | USAA | $2,806 | $234 |
| 8 | Teachers Insurance Company | $2,810 | $234 |
| 9 | USAA | $2,916 | $243 |
| 10 | Horace Mann Property & Casualty Insurance Company | $2,920 | $243 |
Source: Colorado Division of Insurance (DORA): Auto Insurance Premiums Report (Ins_Survey_Reports, AUTO).
Ways to reduce your costs
- Keep the state minimum only on an old car you could replace with cash: dropping collision and comprehensive saves $1,004 a year on the Colorado average.
- If you raise your deductible, what you save each year often beats the extra cost of a single claim.
- Ask for each discount by name: paying in full, good student, safe-driving apps, multi-car, and bundling your home and auto policies.
- Check prices again whenever you renew. One insurer's rate increase doesn't mean other companies have increased theirs.
First written on