We dug deep into the best four auto insurance companies for residents of The Centennial State.
Allstate has a plethora of discounts, coverage options and local agents, making it a good choice for most Colorado drivers.
Liberty Mutual offers significant savings when you add homeowners, which includes condo and renters’ insurance, to your car insurance.
Each one of the 4.2 million licensed Coloradans must have auto insurance for their vehicles. Allstate, Liberty Mutual, State Farm and USAA offer a wide variety of coverage options for auto insurance as well as discounts to keep your premiums as low as possible. Whether you drive for a rideshare company or have a DUI on your record, you’ll be sure to find the best auto insurance for you.
Best Auto Insurance in Colorado Overall: Allstate
Best Home and Auto Insurance Bundles in Colorado: Liberty Mutual
Best DUI Auto Insurance in Colorado: State Farm
Best Rideshare Insurance in Colorado: USAA
|Company||Average annual cost of car insurance||Discounts||J.D. Power rating (out of 1,000)||Read our full review|
|Allstate||$1,673||New car, smart student, full pay, etc.||846||Allstate review|
|Liberty Mutual||$1,637||Claims-free, multicar, paperless policy, etc.||819||Liberty Mutual review|
|State Farm||$1,419||Good driver, multiple auto, vehicle safety, etc.||850||State Farm review|
|USAA||$1,151||Defensive driving, low mileage, military on-base, etc.||885||USAA review|
Allstate provides the best option overall for auto insurance in Colorado. Customers can save on their insurance premiums with multiple discounts. Plus, Allstate has a stellar reputation, with an A rating from the Better Business Bureau (BBB)1 and a customer satisfaction index rating of 847 out of 1,000 from the J.D. Power U.S. Auto Insurance Study.2
Allstate has an extensive list of options for auto insurance coverages beyond the state’s minimum required coverage:
Shop around and compare quotes to see your car insurance rates with different car insurance companies. The cheapest car insurance company for you may not be the same as someone else in the state based on your ZIP code, credit score and other factors.
Allstate provides more coverage for your vehicle beyond insurance with its extended vehicle care, commonly known as an extended warranty. The company’s extended warranty provides protection from repair costs after the manufacturer’s warranty lapses on your covered vehicles.
While most manufacturers’ warranties end after three years or 36,000 miles, whichever comes first, Allstate’s extended car warranty elongates the warranty to seven years or 100,000 miles. The extended vehicle care includes:
Choose from one of the following extended warranty options:
|Name of extended warranty||What it applies to||Deductible amount|
|Powertrain||Transmission, engine and drive axle||$50|
|Comfort and Tech||Air conditioning and heating, safety restraints and seats||$50|
|Core Systems||Steering, suspension, emissions and exhaust||$50|
Here’s how Allstate’s extended vehicle care works:
One of the benefits of Allstate is its network of local agents. Colorado has more than 50 local agents across the following cities:
Multiple agents across many cities can connect you with insurance that meets your needs.
Liberty Mutual saves Colorado drivers money through bundling home and auto insurance, along with other insurance options, for even more savings. Even if you don’t want to bundle policies, the company has multiple discounts to help your premiums drop even more.
Liberty Mutual has a robust list of insurance options beyond auto for you to consider. When you bundle your auto with homeowners or any of the policies listed below, you’ll save on your premiums.
In addition to bundling other insurance with your auto policy for savings, Liberty Mutual has an extensive list of discounts:
Liberty Mutual has extra options that allow you to customize your basic auto insurance policy:
With its network of local agents in more than 90 offices in Colorado, you might have a State Farm representative as your neighbor. The company offers competitive average rates for drivers with less-than-spotless driving records. Lastly, State Farm received top customer satisfaction ratings from J.D. Power.
Sometimes, you have a less-than-perfect driving record and you end up needing high-risk auto insurance. State Farm may insure you if you have a DUI on your driving record.
State Farm will help you with your SR-22 requirements, including filing with the state’s Division of Motor Vehicles. Typical charges for filing run between $15 and $25. Usually, Colorado requires SR-22 filings for three years following your license reinstatement.
Generally, State Farm has received positive ratings from third parties.
State Farm has an extensive network of local agents in more than 90 cities in Colorado:
Local agents provide more personalized service by building relationships with their clients. Also, a local agent can provide specific area recommendations for automotive services, such as auto body shops and glass repair facilities.
For more than 100 years, USAA has been insuring active members of the military, veterans and their families, including those who drive for rideshare companies. In addition, the insurance company offers multiple ways to save on premiums and has a robust mobile app.
If you drive for a rideshare company, such as Lyft or Uber, you need additional coverage specific to your job because your personal auto insurance doesn’t cover commercial driving. On the other hand, your rideshare company’s coverage covers you only when the customer is in the car, not when you’re waiting to be matched or driving to pick up a customer. That’s where rideshare coverage comes in.
|Driver||Covered by personal insurance?||Covered by employer’s insurance?||Covered by rideshare insurance?|
|Ready for pickup||No||No||Yes|
|Customer in vehicle||No||Yes||No|
USAA’s rideshare insurance provides vehicle protection by guaranteeing repairs at more than 2,900 USAA-approved facilities across the U.S. You can tailor your coverage, deductibles and limits to fit your budget and needs as well.
One way USAA provides competitive rates is through its extensive range of discounts, resulting in some of the cheapest auto insurance in Colorado. From bundling to safe driving, there are many ways to save with USAA:
USAA offers a well-rated mobile app. Android users rated the app 4.3 stars in the Google Play Store, while Apple users gave the app 4.8 stars in the App Store. Here’s what you can do with the USAA mobile app:
To find the best auto insurance in Colorado, we examine company information and proprietary data to add to our institutional knowledge:
Initially, yes, you can use out-of-state insurance when you register your vehicle in Colorado. However, you should obtain in-state insurance before your auto registration renewal date.
Colorado is not a no-fault state. Rather, the state allows you to sue the responsible party in any circumstance in which you are hurt or your property is damaged as a result of a car accident. You are not required to have permanent or serious injuries to sue the responsible party after an auto accident.
As with most other states, auto insurance in Colorado is attached to the insured vehicle, not the driver. If you drive someone else’s vehicle and are in an accident, their auto insurance would be responsible. That being said, your policy could become secondary insurance if its limits aren’t high enough to cover the total losses.
According to the 2021 Colorado Code § 42-4-1409, the consequences for not having car insurance in Colorado are as follows:
|Offense||License suspension||Fine minimum|
|First||Yes, until you can prove you have auto insurance||$500|
|Second||Yes, for 4 months||$1,000|
|Third and subsequent||Yes, for 8 months||$1,000|
Auto Insurance Customer Satisfaction Stalls Despite $18 Billion in Premium Relief, J.D. Power Finds. J.D. Power. (2021, 15 Jun).
Business Profile: Allstate Insurance. Better Business Bureau. (2023).