Last updated: April 2, 2026
Compare Cheap Auto Insurance in Colorado
The cheapest auto insurance in Colorado will depend on various factors, including your age, driving history and credit. Auto-Owners, Farm Bureau, GEICO and USAA tend to have the cheapest rates in the state.
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On average, car insurance in Colorado is more expensive than the national average, for both full and minimum coverage. However, rates vary widely depending on your location and driving profile, so it’s best to compare quotes to find the best deal. Below, we outline the average costs and the insurers that offer the most competitive rates.
- The average cost of full coverage auto insurance in Colorado is $2,917 annually, and the annual average for minimum coverage is $837.
- USAA and American Family have the cheapest full coverage in Colorado. USAA offers cheap rates and quality service, but it’s limited to military members, veterans and their families.
- Farm Bureau has competitive rates in Colorado for minimum coverage and drivers with an a-fault-accident or DUI on their record. If you have a speeding ticket on your record, you may also get a competitive quote from State Farm.
Cheapest Car Insurance in Colorado for Full Coverage: USAA and American Family
USAA has the cheapest full coverage car insurance in Colorado for military-affiliated drivers with an average annual premium of $2,275. American Family and State Farm also provide competitive rates, with annual averages of $2,308 and $2,318, respectively.
| Provider | Annual full coverage | Monthly full coverage |
|---|---|---|
| USAA | $2,275 | $190 |
| American Family | $2,308 | $192 |
| State Farm | $2,318 | $193 |
| GEICO | $2,416 | $201 |
| Farm Bureau | $2,508 | $209 |
| Progressive | $2,878 | $240 |
| Allstate | $3,426 | $286 |
| Farmers | $3,877 | $323 |
| Colorado average | $2,917 | $243 |
| National average | $2,356 | $196 |
Cheapest Car Insurance in Colorado for Minimum Coverage: USAA and Farm Bureau
For minimum coverage, USAA and Farm Bureau offer the cheapest rates in Colorado, at $477 and $504 annually, respectively. Both rates are lower than the state average of $837.
| Provider | Annual minimum coverage | Monthly minimum coverage |
|---|---|---|
| USAA | $477 | $40 |
| Farm Bureau | $504 | $32 |
| GEICO | $555 | $46 |
| Progressive | $572 | $48 |
| State Farm | $713 | $59 |
| Auto-Owners | $684 | $57 |
| American Family | $783 | $65 |
| Farmers | $1,071 | $89 |
| Allstate | $1,296 | $108 |
| Colorado average | $837 | $70 |
| National average | $722 | $60 |
Cheapest Car Insurance in Colorado for Teen Drivers: USAA and American Family
Teen drivers face higher premiums due to their lack of experience. For military-affiliated families, USAA offers the cheapest rates for teens at $5,177 annually on average. True to its name, American Family also offers competitive auto insurance rates for households with teen drivers, with an average annual cost of $5,715. GEICO is the next cheapest at $5,860. USAA also offers a discount for young drivers who are transitioning off a family policy onto their own.
| Provider | Annual rate with a teen driver | Monthly rate with a teen driver |
|---|---|---|
| USAA | $5,177 | $431 |
| American Family | $5,715 | $476 |
| GEICO | $5,860 | $488 |
| Allstate | $7,194 | $600 |
| Auto-Owners | $7,341 | $612 |
| State Farm | $7,572 | $631 |
| Progressive | $8,645 | $720 |
| Farmers | $12,712 | $1,059 |
| Colorado average | $7,560 | $630 |
| National average | $6,054 | $505 |
HEADS UP:
Younger drivers, especially young men, typically face higher rates. Check out our guide to adding a teen driver to your car insurance policy.
Cheapest Car Insurance in Colorado With a Speeding Ticket: USAA and State Farm
Getting a speeding ticket can raise your insurance premiums, sometimes significantly. In Colorado, insurers may increase rates by around 20 to 30 percent after a ticket, depending on the severity and frequency of the violations on your driving record. You can mitigate the cost increase by shopping around for insurers that are more forgiving of minor infractions.
USAA and State Farm have the lowest average car insurance rate in Colorado for drivers with a speeding ticket, at $2,654 and $2,770 annually. GEICO ($3,028 annually, on average) is the next cheapest.
| Provider | Annual rate with a speeding ticket | Monthly rate with a speeding ticket |
|---|---|---|
| USAA | $2,654 | $221 |
| State Farm | $2,770 | $221 |
| GEICO | $3,028 | $252 |
| Progressive | $4,062 | $339 |
| Farmers | $4,802 | $400 |
| Colorado average | $3,503 | $292 |
| National average | $2,730 | $228 |
Cheapest Car Insurance in Colorado With an At-Fault Accident: USAA and Farm Bureau
Causing an accident can hike your premiums by 40 percent or more. The severity and cost of the accident further influence the increase. If you have accident forgiveness with your current insurer, you might avoid this increase for a first-time incident. Otherwise, you can explore competitive rates from other companies to help you find a better deal.
In Colorado, USAA and Farm Bureau have the lowest average rate for drivers after an at-fault accident, at $2,931 and $2,940 annually. However, State Farm’s rate increased the least from pre-accident rates. If you are already a State Farm customer, it might be best to stick with that insurer after an accident.
| Provider | Annual rate with an at-fault accident | Monthly rate with an at-fault accident |
|---|---|---|
| USAA | $2,931 | $244 |
| Farm Bureau | $2,940 | $245 |
| State Farm | $3,103 | $259 |
| American Family | $3,269 | $272 |
| GEICO | $3,900 | $325 |
| Progressive | $4,674 | $390 |
| Farmers | $4,980 | $415 |
| Allstate | $4,986 | $416 |
| Colorado average | $4,067 | $339 |
| National average | $3,156 | $263 |
Cheapest Car Insurance in Colorado With a DUI: Farm Bureau
A DUI conviction can cause insurance premiums to double or even triple. It categorizes you as a high-risk driver, making it harder to find affordable coverage. You may also need to file an SR-22 form to prove you carry the state’s minimum required coverage.
Farm Bureau has the lowest average rates for drivers with a DUI, at $3,276 annually. State Farm ($3,390 annually) is the next cheapest, which is one of the reasons we named it the best auto insurance in Colorado after a DUI. Progressive ($3,404 annually) also has rates below the state average and is known nationally as a major carrier that accepts drivers with DUIs. It’s crucial to compare quotes from multiple providers to find insurance, as some specialize in high-risk coverage.
| Provider | Annual rate with a DUI | Monthly rate with a DUI |
|---|---|---|
| Farm Bureau | $3,276 | $273 |
| State Farm | $3,390 | $282 |
| Progressive | $3,404 | $284 |
| American Family | $3,534 | $294 |
| USAA | $4,033 | $336 |
| GEICO | $4,211 | $351 |
| Allstate | $4,307 | $359 |
| Farmers | $4,744 | $395 |
| Colorado average | $4,645 | $387 |
| National average | $4,461 | $372 |
Cheapest Car Insurance in Colorado With Low Credit: GEICO
Colorado insurance laws allow credit scores to affect your premiums. Drivers with lower credit may pay substantially more, as insurers link credit history to risk. To find lower rates, consider working with companies that place less weight on credit scores or offer discounts for policy bundling and safe driving.
In Colorado, GEICO has the lowest average rate for drivers with low credit, at $3,132 annually. USAA’s average rate ($4,344 annually) also falls below the statewide average.
| Provider | Annual rate with low credit | Monthly rate with low credit |
|---|---|---|
| GEICO | $3,132 | $261 |
| USAA | $4,344 | $362 |
| Progressive | $4,674 | $390 |
| State Farm | $5,344 | $445 |
| Farmers | $5,737 | $478 |
| Colorado average | $5,170 | $431 |
| National average | $4,126 | $344 |
Best Claims and Customer Satisfaction in Colorado: Nationwide
Nationwide scored above average for customer satisfaction in the Southwest, according to a recent J.D. Power survey. USAA consistently ranks the highest in both claims satisfaction and customer service in Colorado, according to J.D. Power surveys. Although USAA is excluded from the official rankings due to its eligibility requirements, its ratings are exceptional. CSAA (AAA) also scored high in the region, though pricing data is unavailable.
| Provider | Southwest customer satisfaction (J.D. Power)1 | Claims satisfaction (J.D. Power)2 | CRASH Network Insurer Report Card grade3 |
|---|---|---|---|
| USAA | 720 | 741 | C- |
| Nationwide | 661 | 729 | C |
| State Farm | 648 | 716 | D+ |
| American Family | 635 | 702 | C+ |
| Auto-Owners | 634 | 711 | B (B+ in the Rocky Mountains and Plains region) — honor roll |
| Allstate | 627 | 693 | D+ |
| GEICO | 624 | 697 | C- |
| Farmers | 623 | 690 | C- |
| Progressive | 616 | 673 | C- |
| Average | 636 | 700 | C+ |
How to Find the Cheapest Rates in Colorado
Colorado drivers should compare multiple quotes and take advantage of discounts to secure the best rates. Here’s how:
- Compare multiple quotes. Rates vary by insurer, so it helps to shop around.
- Bundle policies. You can often get a discount when you purchase car insurance and homeowners or renters insurance from the same company. Ask insurers for other discounts for things like safe driving, good student status, or military service.
- Drive safely. You can lower your rates by maintaining a clean driving record.
- Increase your deductible. Consider raising your deductible to reduce your monthly premiums.
Average Auto Insurance Cost in Colorado by City
Geography plays a part in your auto insurance premium. Here’s a breakdown of what you might pay in various cities across Colorado:
| City | Annual full coverage | Monthly full coverage |
|---|---|---|
| Denver | $3,296 | $275 |
| Aurora | $3,134 | $261 |
| Colorado Springs | $2,779 | $232 |
| Pueblo | $2,645 | $220 |
| Arvada | $2,477 | $206 |
| Fort Collins | $2,251 | $188 |
| Boulder | $2,222 | $185 |
Minimum Car Insurance Requirements in Colorado
Colorado law mandates the following minimum auto insurance coverage:
- Bodily injury liability: $25,000 per person / $50,000 per accident
- Property damage liability: $15,000 per accident4
- Uninsured/underinsured motorist coverage: Not required, but strongly recommended5
Although minimum coverage may seem affordable, it might not provide sufficient protection in a serious accident. Consider increasing your coverage limits based on your needs.
DID YOU KNOW?
In Colorado, 18 percent of drivers are uninsured, making it one of the top 10 states for uninsured drivers.6
Frequently Asked Questions
Colorado’s average cost of full coverage auto insurance ($2,917) is 24 percent higher than the national average ($2,356). With an annual average of $837, minimum coverage auto insurance in Colorado is also higher than the national average of $635 per year.
Colorado law requires at least bodily injury and property damage liability coverage. However, it’s wise to increase your liability limits above the state minimum, to $100,000/$300,000/$100,000, and to add comprehensive, collision and uninsured/underinsured motorist coverage if you can afford it.
In Colorado, GEICO has cheaper rates than Progressive in all categories, except DUI. GEICO also has higher ratings for customer service and claims satisfaction based on third party metrics. Quotes vary based on driver profile, so it’s still worth getting quotes from both companies. For a more detailed analysis, take a look at our side-by-side comparison of GEICO vs. Progressive
Citations
It’s Now a Buyer’s Market for Auto Insurance, JD Power Finds. JD Power Press Releases. (2025, June 10).
https://www.jdpower.com/business/press-releases/2025-us-auto-insurance-study
Satisfaction with Auto Insurance Claims Strained by Higher Deductibles, More Total Losses, JD Power Finds. JD Power Press Releases. (2025, October 28).
https://www.jdpower.com/business/press-releases/2025-us-auto-claims-satisfaction-study
2025 Insurer Report Card. CRASH Network. (2025).
Insurer Report Card — Top Rated U.S. Car Insurance Companies for 2026. CRASH Network. (n.d.).
https://www.crashnetwork.com/irc/
Mandatory Automobile Insurance in Colorado. Colorado General Assembly. (2025).
https://leg.colorado.gov/content/mandatory-automobile-insurance-coloradoOptional Automobile Insurance Coverage. Colorado General Assembly. (2025).
https://leg.colorado.gov/content/optional-automobile-insurance-coverageFacts + Statistics: Uninsured Motorists. Insurance Information Institute. (2025).
https://www.iii.org/fact-statistic/facts-statistics-uninsured-motorists
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