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Last updated: October 17, 2025Best Cheap Car Insurance in Colorado Springs
American National, USAA, State Farm, American Family and Progressive are our top picks in Colorado Springs.
American National
Editor's Rating: 4/5
Average Cost in Colorado Springs
- Full Coverage Monthly: $135
- Minimum Coverage Monthly: $27
Best for Military and Veterans
Editor's Rating: 5/5
Average Cost in Colorado Springs
- Full Coverage Monthly: $162
- Minimum Coverage Monthly: $55
Best Major Insurer
Editor's Rating: 4.9/5
Average Cost in Colorado Springs
- Full Coverage Monthly: $186
- Minimum Coverage Monthly: $62
Key Takeaways
- Auto insurance rates in Colorado Springs are higher than the statewide average, at $2,779 annually for full coverage and $755 annually for minimum liability coverage.
- American National, USAA and State Farm have the lowest average rates in Colorado Springs, and all of those insurers have excellent customer service ratings.
- These numbers are averages, so your insurance rates may vary based on factors such as your driving history, vehicle, mileage and ZIP code. Get at least three personalized quotes to find the best rates for you.
Our Top Picks for the Best Cheap Auto Insurance in Colorado Springs
- Cheapest: American National
- Best for Military and Veterans: USAA
- Best Major Insurer: State Farm
- Best for Teens: American Family
- Best for Online Quotes: Progressive
Compare the Best Cheap Auto Insurance in Colorado Springs
| Company | Full coverage annual average | Minimum coverage annual average | Southwest customer satisfaction (J.D. Power) |
|---|---|---|---|
| American National | $1,618 | $325 | Not rated |
| USAA | $1,943 | $660 | Above average* |
| State Farm | $2,231 | $743 | Above average |
| American Family | $2,471 | $888 | Below average |
| Progressive | $2,626 | $757 | Below average |
| Colorado Springs | $2,779 | $755 | – |
*Due to its eligibility restrictions, USAA technically doesn’t qualify to rank on J.D. Power studies.
HOW MUCH INSURANCE DO YOU NEED?
Minimum liability coverage is required in 49 out of 50 states, but minimum coverage may not be enough. You may want to consider higher liability limits, as well as uninsured and underinsured motorist coverage, comprehensive and collision coverage, and special coverage for glass breakage or business driving.
Detailed List of the Best Cheap Providers in Colorado Springs
1. Cheapest - American National
What We Like Most:
- Cheapest rates in Colorado Springs
- Low incidence of customer complaints
- Free rental car coverage with collision or comprehensive coverage
Why we chose it
American National has the lowest average rates for both full coverage and minimum liability insurance in Colorado Springs, at $1,618 (42 percent below average) and $325 per year (57 percent below average), respectively.
Although American National is not rated in J.D. Power’s customer and claims satisfaction surveys, the company’s National Association of Insurance Commissioners (NAIC) Complaint Index score reflects significantly fewer customer complaints than expected.
Who it’s best for
Drivers on a budget in Colorado Springs should get a quote from American National, as the company’s average rates are the lowest in the city. However, American National has a limited range of discounts, so get quotes from other companies as well, to make sure you’re getting the best rate.
American National Colorado Springs Pricing
| American National | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $135 | $27 |
| Annually | $1,618 | $325 |
| Difference from Colorado Springs average | -42% | -57% |
COMPARE RATES
One of the best ways to get the lowest rates on auto insurance is to compare quotes from multiple insurance companies. Quotes are typically free, and they allow you to see your actual costs instead of the average rates.
2. Best for Military and Veterans - USAA
What We Like Most:
- Military-specific coverage
- Stellar marks for customer service
- Highest ratings for customer satisfaction in the Southwest
Why we chose it
USAA stands out for its customer service and claims satisfaction for the military community. Although J.D. Power doesn’t officially rank USAA due to membership restrictions, USAA’s unofficial scores for customer and claims satisfaction consistently beat those of other insurers by a wide margin. USAA is also a low-cost option; its average monthly rates of $162 for full coverage and $55 for minimum coverage were the second lowest in our analysis.
Who it’s best for
USAA is great for anyone who’s eligible to join, including military members, veterans and their families. USAA offers a range of financial services, such as insurance, banking and investments. However, its low score on the CRASH Network Insurer Report Card suggests claims payments may be a challenge. If you get into an accident, you may want to use a direct (“in-network”) repair shop to make the process easier.
USAA Colorado Springs Pricing
| USAA | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $162 | $55 |
| Annually | $1,943 | $660 |
| Difference from Colorado Springs average | -30% | -13% |
3. Best Major Insurer - State Farm
What We Like Most:
- Local Colorado Springs agents who offer personalized service
- Largest U.S. auto insurer
- Broad range of discounts and coverage types
Why we chose it
State Farm provides a solid mix of low rates, high customer satisfaction, specialized coverage types, and a nationwide network of local agents. The company also offers a wide range of discounts and a Personal Price Plan that lets you customize your coverage for the greatest savings. Although State Farm isn’t the absolute cheapest provider on our list, it still offers lower-than-average rates in Colorado Springs. State Farm also scored above average for both customer satisfaction and claims satisfaction on the J.D. Power surveys.
Who it’s best for
State Farm is a good choice for drivers who want a balance of advantages, including personalized service from a local agent and affordable rates from a well-known national insurance company. It’s also a solid option for households with young drivers, who can save money using Steer Clear, State Farm’s app-based discount for young drivers. State Farm’s Colorado rates for households with teen drivers is 10 percent lower than the statewide average, as well.
State Farm Colorado Springs Pricing
| State Farm | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $186 | $62 |
| Annually | $2,231 | $743 |
| Difference from Colorado Springs average | -20% | -2% |
4. Best for Teens - American Family
What We Like Most:
- Lowest Colorado rates for families with teens
- Usage-based insurance for low-mileage drivers
- Wide range of discounts
Why we chose it
American Family is a smaller insurer with lower-than-average rates for full coverage auto insurance in Colorado Springs. Although its minimum liability rates are 18 percent higher than the citywide average, American Family offers a wide variety of discounts, including a telematics program and several discounts for young drivers, that may help lower costs. It has the cheapest average rates in Colorado for households with teen drivers, at $425 monthly. American Family also offers accident forgiveness to new customers who haven’t had an accident in at least five years.
Who it’s best for
American Family’s discounts make it a good choice for families with teens. You may also find comparatively low rates if you have a DUI or a speeding ticket on your record.
American Family Colorado Springs Pricing
| American Family | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $206 | $74 |
| Annually | $2,471 | $888 |
| Difference from Colorado Springs average | -11% | +18% |
5. Best for Online Quotes - Progressive
What We Like Most:
- Name Your Price tool that helps drivers budget
- Easy online quotes
- Good rates for drivers with DUIs
Why we chose it
Progressive’s Name Your Price tool lets you decide how much you want to pay for auto insurance and suggests coverage options that fit your desired budget. The company partners with independent agents to sell insurance policies, and these agents can also show you policies from other providers. Progressive also has one of the lowest rates in Colorado for drivers with DUIs: $3,271 annually, or 14 percent below the statewide average.
FYI
Unlike captive agents, independent agents can offer you insurance products from many companies. State Farm and Allstate are examples of companies that use captive agents — meaning the agents work exclusively for that insurer — while Progressive and Travelers are examples of companies that work with independent agents.1
Who it’s best for
Progressive is best for drivers who prefer to shop and manage their policies online and for drivers with DUIs. Due to its gap insurance offering (which it calls loan/lease payoff), Progressive is also a good choice for drivers with leased or financed vehicles.
Progressive Colorado Springs Pricing
| Progressive | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $219 | $63 |
| Annually | $2,626 | $757 |
| Difference from Colorado Springs average | -6% | -0.3% |
Colorado Springs Best Cheap Picks — Detailed Customer Satisfaction Summary
| Company | J.D. Power Auto Insurance Study – Southwest2 | CRASH Network Insurer Report Card3 | J.D. Power U.S. Auto Claims Satisfaction Study4 | NAIC Complaint Index5 |
|---|---|---|---|---|
| American National | Not rated | C+ | Not rated | 0.38 |
| State Farm | 648 | C- | 710 | 1.21 |
| USAA | 720* | D+ | 726* | 1.31 |
| American Family | 635 | C+ | 692 | 0.47 |
| Progressive | 616 | C | 672 | 0.98 |
| Average | 636 (out of 1,000) | C+ | 697 (out of 1,000) | 1 |
| What the study measures | Customer satisfaction regionally, based on responses from over 40,000 customers | Claims handling and payment practices, based on an annual survey of collision repair shops | Satisfaction with the claims process, based on responses from nearly 10,000 customers who recently filed a claim | Consumer complaints relative to market share; the lower the score, the better |
*Due to its eligibility restrictions, USAA technically doesn’t qualify to rank on J.D. Power studies.
Cheapest Full Coverage Car Insurance in Colorado Springs
American National has the cheapest average rate for full coverage car insurance in Colorado Springs, at $1,618 per year, which is 42 percent cheaper than the city average. USAA and State Farm have the next-lowest rates, at $1,943 per year and $2,231 per year, respectively.
| Company | Annual Colorado Springs average | Monthly Colorado Springs average |
|---|---|---|
| American National | $1,618 | $135 |
| USAA | $1,943 | $162 |
| State Farm | $2,231 | $186 |
| GEICO | $2,421 | $202 |
| American Family | $2,471 | $206 |
| Progressive | $2,626 | $219 |
| Nationwide | $2,752 | $229 |
| Allstate | $3,028 | $252 |
| Colorado Springs average | $2,779 | $232 |
| Colorado average | $2,365 | $197 |
| U.S. average | $2,399 | $200 |
Cheapest Minimum Coverage Car Insurance in Colorado Springs
American National has the cheapest average rate for minimum coverage car insurance in Colorado Springs: $325 per year, or 57 percent below the city average. USAA and State Farm also offer rates that are well below the Colorado Springs average.
| Company | Annual Colorado Springs average | Monthly Colorado Springs average |
|---|---|---|
| American National | $325 | $27 |
| USAA | $660 | $55 |
| State Farm | $743 | $62 |
| GEICO | $756 | $63 |
| Progressive | $757 | $63 |
| American Family | $888 | $74 |
| Nationwide | $1,225 | $102 |
| Allstate | $1,347 | $112 |
| Colorado Springs average | $755 | $63 |
| Colorado average | $628 | $52 |
| U.S. average | $635 | $53 |
How Many Car Accidents Happen in Colorado Springs?
There were 7,505 traffic accidents in Colorado Springs in 2024, according to the Colorado Springs Police Department. Of the total accidents, 1,261 involved injuries and 46 were fatalities. The number of traffic accidents in Colorado Springs has declined over the past few years, with the city seeing 8,255 accidents in 2023 compared with 8,849 in 2022.6
Minimum Auto Insurance Requirements in Colorado
At a minimum, car insurance laws in Colorado require all drivers to maintain liability coverage with at least the following limits:
- Bodily injury liability: $25,000 per person and $50,000 per accident
- Property damage liability (to others): $15,000 per accident
Uninsured and underinsured motorist coverage is optional in Colorado, as are collision and comprehensive coverages that protect your vehicle against damages in an accident. Unless you reject it in writing, $5,000 in medical payments coverage is included with your auto insurance policy.7
These liability limits are low and may not provide adequate coverage if you get into a major accident. You may want to consider higher limits for bodily injury, property damage and medical payments, as well as additional comprehensive and collision coverage for your protection.
Frequently Asked Questions
What is the cheapest car insurance in Colorado Springs, Colorado?
American National has the cheapest car insurance rates in Colorado Springs, on average, at $1,618 per year for full coverage and $325 per year for minimum coverage — 42 percent and 57 percent below the city averages, respectively.
Is $300 a month bad for insurance in Colorado Springs?
On average, full coverage car insurance costs $232 a month in Colorado Springs, and minimum coverage averages $63 a month. Based on these averages — and the average costs we found from the best cheap insurers in Colorado Springs — $300 a month may sound steep. However, your rates may vary quite a bit from the average, based on your vehicle, coverage limits, driving history, and a host of other factors. The best way to know you’re getting a good rate is to get at least three quotes so you can compare them.
Why is car insurance so expensive in Colorado Springs?
Multiple factors contribute to the high cost of auto insurance in Colorado Springs. Colorado was the worst state for auto theft in our analysis of motor vehicle theft by state, with 583 thefts per 100,000 inhabitants in 2023. At the same time, the cost of repairing and replacing vehicles is high and continues to rise nationwide. Add in weather-related hazards, and it’s not surprising that Colorado Springs has higher rates than the national average for both full coverage and minimum liability auto insurance.
How can I lower my car insurance rate in Colorado Springs?
To get the lowest auto insurance rate in Colorado Springs, start by comparing rates from multiple insurers. Take a look at the best picks we’ve listed on this page, and then contact at least three companies to get a personalized quote. You may be able to lower your car insurance costs by finding a low-cost insurer, taking advantage of discounts, adjusting your deductible, or bundling your policy with home or life insurance.
Methodology
At AutoInsurance.com, we evaluate auto insurance providers based on four key factors:
- Price (40%): We analyzed average premiums for full and minimum coverage in Colorado Springs, Colorado, for good drivers with good credit. Full coverage averages used the following limits:
- Bodily injury liability: $100,000 per person/$300,000 per accident
- Property damage liability: $50,000 per accident
- Uninsured and underinsured motorist bodily injury: $50,000 per person/$100,000 per accident
- Comprehensive and collision: $5,000 deductible
- Claims handling (25%): A good claims handling process from an auto insurer is prompt, transparent and efficient, with clear communication throughout, fair evaluation of damages, and timely payment or resolution. We assess claims practices through sources like the CRASH Network Insurer Report Card and J.D. Power’s Auto Claims Satisfaction Study and financial strength from sources like AM Best and S&P. We also include real-life customer experiences when they’re available.
- Customer experience (25%): We evaluate the ease of the customer journey, from getting a quote and purchasing a policy to making changes or accessing documents. We consider the availability and quality of both online and agent interactions, as well as the functionality of the company’s website and mobile app. Our sources include J.D. Power studies, the NAIC Complaint Index, Better Business Bureau ratings, and app store reviews.
- Coverage options (10%): We review each company’s coverage offerings and value providers with options beyond the state required minimums, like accident
forgiveness, gap insurance and rideshare coverage.
Read more about our ratings and methodology.
Writer
Gayle has written several articles for AutoInsurance.com, including guides to cheap auto insurance in Atlanta and Sacramento. Her work has appeared on various personal finance, banking and business sites, including (most frequently) the consumer blog for Experian. She’s also written for a number of magazines, including Entrepreneur, Independent Business, Fit Pregnancy, Men’s Fitness and Shape.
Citations
Captive Insurance Agents vs. Independent Agents. Baily Agency. (2021, January 27).
https://bailyagency.com/blog/captive-insurance-agents-vs-independent-agents/It’s Now a Buyer’s Market for Auto Insurance, J.D. Power Finds. J.D. Power. (2025, June 10).
https://www.jdpower.com/business/press-releases/2025-us-auto-insurance-studyInsurer Report Card – Top Rated U.S. Car Insurance Companies for 2025. CRASH Network. (2025).
https://www.crashnetwork.com/irc/Auto Insurance Repair Cycle Times Improve but Price Increases Take a Toll, J.D. Power Finds. J.D. Power. (2024, October 29).
https://www.jdpower.com/business/press-releases/2024-us-auto-claims-satisfaction-studyConsumer Insurance Search Results. NAIC. (2025).
https://content.naic.org/cis_refined_results.htmCrashes in Colorado Springs – Crashes Over Time. Colorado Springs Police Department Data Hub. (2025).
https://policedata.coloradosprings.gov/stories/s/Crashes-in-Colorado-Springs/58nk-wiu5/#crashes-over-timeAuto Insurance. Colorado Department of Regulatory Agencies – Division of Insurance. (2025).
https://doi.colorado.gov/insurance-products/auto-insurance
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