Colorado car insurance premiums average $1,754 for full coverage and $683 for minimum coverage annually, calculated for a 40-year-old driver with strong credit and a spotless driving record. Colorado ranks 42nd for full coverage and 31st for minimum coverage affordability, with rates running 20% above and 1% below national benchmarks respectively.
Average Cost of Car Insurance in Colorado
Updated: October 16, 2025
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Key Takeaways
Car insurance costs range from $600 to $4,788 per year depending on your chosen coverage, driving profile and location.
Colorado ranks as one of the most expensive in the country ranking 31st and 42nd overall for minimum and full coverage car insurance affordability respectively.
Find the cheapest car insurance in Colorado by deciding on coverage beforehand, researching costs and companies, and comparing multiple quotes.
Average Car Insurance Cost In Colorado
| Full Coverage | $146 | $1,754 |
| Minimum Coverage | $57 | $683 |
Adding comprehensive and collision to your policy increases costs by $1,071 yearly, or approximately $89 each month. Your actual premiums depend on personal factors, driving history and the specific limits you select.
Average Colorado Car Insurance Cost by Category
Young drivers encounter the highest premiums in Colorado at $399 monthly for full coverage, while older car owners benefit from reduced rates at $127 monthly. Your personal profile dramatically affects car insurance costs in Colorado.
Drivers with damaged credit pay substantial amounts at $298 for full coverage and $130 for minimum, since credit history serves as a claims predictor. Adult drivers with clean records enjoy more reasonable rates at $147 monthly for full coverage and $57 for minimum.
| Drivers With Old Cars | $50 | $127 |
| Adult Drivers | $57 | $147 |
| Drivers With Newer Cars | $75 | $193 |
| Drivers With A Speeding Ticket | $76 | $195 |
| Drivers With Low Income | $78 | $178 |
| Senior Drivers | $85 | $196 |
| Drivers With An Accident | $87 | $222 |
| Drivers With A DUI | $91 | $231 |
| Drivers With Bad Credit | $130 | $298 |
| Young Drivers | $156 | $399 |
Colorado's challenging mountain driving conditions and urban density contribute to higher baseline rates, with inexperience and credit factors amplifying costs further.
FIND THE BEST CHEAP PROVIDER FOR YOUR PROFILE
Check out our comprehensive roundup guides to identify the best cheap provider for your profile.
Average Colorado Car Insurance Cost by Company
American National leads with budget-friendly rates in Colorado at $73 monthly for full coverage, while California Casualty charges significantly more at $151 monthly. Colorado shows dramatic price variations between insurance carriers, with full coverage premiums ranging from $73 to $151 monthly across major companies.
Colorado drivers can save nearly $941 annually by comparison shopping.
| American National | $28 | $73 |
| Geico | $32 | $97 |
| Farm Bureau | $38 | $122 |
| State Farm | $49 | $150 |
| California Causality | $49 | $151 |
Average Colorado Car Insurance Cost by City
Location creates significant car insurance cost variations in Colorado across the state's varied terrain, with monthly full coverage spanning from $115 in Grand Junction to $179 in Aurora. Geographic factors substantially impact Colorado car insurance pricing statewide.
The $64 monthly gap between the least and most expensive cities demonstrates how Front Range metropolitan areas typically command higher premiums than Western Slope communities. Compare rates for your city below.
Data filtered by:
Agate
| Full Coverage | $159 | $1,905 |
| Minimum Coverage | $61 | $732 |
Is Colorado Car Insurance Expensive?
Colorado ranks 42nd in affordability for full coverage and 31st overall for minimum coverage policies, placing it as one of the more expensive states overall in our 2025 study. However, this is only an overall statistic comparing average rates for the entirety of states and affordability rankings for your city compared to the rest of the United States will vary widely.
Why Is Car Insurance More Expensive In Colorado?
Below we'll explore the reasons for Colorado's high car insurance rates:
High Uninsured Driver Population
Colorado has high uninsured driver rates, which drives up costs for covered drivers. When uninsured drivers cause accidents, insured drivers often face higher costs through their own uninsured motorist coverage or out-of-pocket expenses. This creates additional financial pressure on the insurance system and drives up premiums across the board.
Extreme Hail and Weather Damage
Colorado is among the most hail-prone states in the U.S., primarily due to the state's high elevation, with the Front Range and areas eastward located in what's known as "hail alley." Colorado gets some of the most damaging hail in the country. Many Colorado drivers carry full coverage car insurance to deal with hail damage costs.
Rising Medical and Repair Costs
Insurers blame rising repair and replacement costs, skyrocketing medical expenses, frequent hail storms and high car theft rates for premium increases. The state's elevated cost of living affects everything from medical treatment to car repairs, creating upward pressure on claim payouts. Colorado's mountainous terrain and harsh weather conditions also contribute to more severe accidents and higher repair costs.
Highest Car Theft Rates in the Nation
Colorado has historically led the nation in motor vehicle theft, with an FBI study naming Colorado as the state where you're most likely to get your car stolen. Despite improvements, Colorado ranked fourth for car thefts per capita in the U.S. in 2024. In 2024, Colorado experienced 24,575 reported stolen cars. These elevated theft rates drive up comprehensive coverage costs across the state.
Population Growth and Urban Congestion
Colorado's rapid population growth creates greater wear and tear on the state's infrastructure while putting drivers at a greater risk for accidents. The Denver Metro area, in particular, experiences heavy traffic congestion that increases collision frequency. More cars on the road lead to higher accident risk, which in turn raises the number of claims that insurance companies must cover.
Poor Road Infrastructure and High Accident Rates
Colorado has some of the laxest driver education requirements in the country, which can contribute to higher insurance premiums compared to states with more comprehensive requirements. 2022 was the deadliest year on Colorado roadways in recorded history. 2023 was safer but had a record number of pedestrian and bicyclist deaths. Poor road conditions and increased wear and tear from population growth create greater accident risks and higher claim costs.
Severe Rate Increases and Premium Growth
Car insurance rates in Colorado have risen 53% over the last 10 years and are projected to be among the highest in the country. Colorado drivers saw an increase of $530 for full coverage insurance in 2023, rising 29% to an average annual rate of $2,337. Recent hikes in costs can be attributed to inflation, higher claims and legal factors, with a sharp 40% increase in bodily injury claim severity between 2018 and 2022.
How To Lower Car Insurance Costs In Colorado
Below we've created a step-by-step guide to lowering your car insurance costs.
- 1Decide on coverage needs beforehand
Deciding on your coverage needs is important so you're not oversold on too much coverage. Consider your financial situation, driving habits, car details and risk tolerance when making this decision.
- 2Research costs and discounts
To save money for your profile, know the average costs for your preferred coverage level. Research car insurance discounts you may qualify for and look into the best home and auto insurance bundles for the most balanced perspective.
- 3Look into company reputations and coverage options
Cost isn't everything. Consider add-on coverage options and customer experiences with different providers to help narrow down which companies you'd like to compare quotes from. Use resources like industry studies, review forums and public forums like Reddit.
- 4Compare quotes through multiple means
Compare quotes from multiple companies to find the best deal possible. Use different methods of getting quotes, such as comparison sites and independent agents, since pricing varies widely by method.
Cost of Car Insurance in Colorado: Bottom Line
Colorado car insurance costs are among the more expensive in the United States, making it important to take advantage of savings strategies. Decide on your coverage needs beforehand, do thorough research and compare quotes from the right insurers.
Cost of Car Insurance in Colorado: FAQ
Below are answers to frequently asked questions about Colorado car insurance costs:
How much is Colorado car insurance per month?
Per month, Colorado car insurance costs $57 for minimum coverage and $146 for full coverage policies. However, rates can range anywhere from $50 to $399 monthly depending on your unique driver profile and coverage choice.
What factors affect Colorado car insurance costs?
Primary factors include driving history, age and location. Drivers with accidents, violations or those who are young face higher rates, while urban areas cost more than rural ones. Car type, coverage amounts, credit score and annual mileage also impact premiums, along with factors like gender and marital status in some states.
Why is Colorado car insurance so expensive?
Colorado historically leads the nation in vehicle theft rates, with 851.70 thefts per 100,000 vehicles, though it improved to fourth place in 2024. The state experiences extreme hail damage as part of "hail alley" and eliminated personal injury protection coverage in reforms. Despite these challenges, Colorado faces rate increases, with premiums rising 27% in 2023 and projected to be among the highest nationally.
How expensive is Colorado car insurance?
Auto insurance costs in Colorado fall into the moderate range nationally, with the state placing 31st for minimum coverage and 42nd for full coverage affordability, putting it squarely in the middle tier of U.S. states.
How We Determined Colorado Car Insurance Costs
We used the following profile and modifications of this profile to determine Colorado auto insurance costs across all available zip codes and cities in the state:
- 40-years-old
- Clean driving record
- Good credit
- 2012 Toyota Camry LE
Minimum coverage was defined as a state's minimum liability coverage and full coverage is a policy with 100/300/100 liability limits and a $1,000 deductible for comprehensive and collision coverage.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- CBS News Colorado . "Colorado car owners seeing increasingly higher insurance premiums compared to other states ." Accessed October 27, 2025.
- CBS News Colorado . "Vehicle thefts in Colorado dropped 25% in 2024, second consecutive year of decline ." Accessed October 27, 2025.
- The Denver Post . "Car thefts decrease in Colorado, but state still ranks high nationally ." Accessed October 27, 2025.
- The Denver Post . "Colorado auto insurance rates among highest in country ." Accessed October 27, 2025.
- FOX21 News . "Colorado tops the list nationally for car theft ." Accessed October 27, 2025.