We compared auto insurance quotes in the state of Colorado to identify the cheapest insurers and rates in each city. Across the 70+ cities in our analysis, the average cost to insure a car with basic
liability protection was $1,359 a year - about $113 a month. While rates can vary based on where a driver lives, the biggest impact on costs is variability in companies’ quotes. The highest quote in one city, for example, was $1,758 or 29% higher than the cheapest car insurance company’s quote. This illustrates why consumers should always get quotes from at least three companies so they can compare. Read more about this below, or type your zip code above now to see a list of cheap companies near you.
Colorado Auto Insurance Requirements
Colorado requires that all drivers maintain a minimum level of auto insurance coverage. Car insurance policies must include both bodily injury liability and property damage liability coverage. Below we've included the minimum limits for liability insurance in Colorado.| Type of Insurance | Colorado Required Minimum |
|---|---|
| Bodily Injury Liability | $25,000 per person and $50,000 per accident |
| Property Damage Liability | $15,000 per accident |
Cheap Car Insurance in Colorado
The five companies with the cheapest car insurance rates in Colorado were: Grange, State Farm, American Family, Auto Owners and The Hartford. Together, the five cheapest companies in Colorado charged an average rate of $1,006 each year to insure a vehicle. Compared to the overall state average, these companies were 26% lower, on average.
