bestauto insuranceArvadaCompare the Cheapest Car Insurance Quotes in Arvada, CO
Car insurance in Arvada costs an average of $1,318 per year, lower than the state’s average rates. GEICO offers the cheapest policy in the city at $766 annually. MoneyGeek evaluated the cheapest car insurance companies in Arvada based on coverage level and driving record. We also looked at the top options for drivers looking to prioritize quality service over cost.
REVIEW AUTO INSURANCE RATES
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Advertising & Editorial DisclosureLast Updated: 1/10/2023
Edited By |
Kathryn Schroeder
Written By |
Mark Fitzpatrick
Excluding USAA, GEICO offers the cheapest car insurance in Arvada, but the lowest for you may be different, depending on your unique profile.
GEICO is also the best option for a state-minimum policy and drivers with speeding tickets. If you have a military background, USAA offers the best rates.
MoneyGeek also evaluated the best car insurance in Arvada, balancing cost with customer service, and found that GEICO ranked highest.
bestauto insuranceArvadaThe Cheapest and Best Car Insurance in Arvada
Methodology
MoneyGeek determined average car insurance costs and used customer satisfaction, financial strength and claims satisfaction scores obtained from AM Best, J.D. Power or the National Association of Insurance Commissioners (NAIC) to find the best auto insurance companies in Arvada.
The Cheapest Car Insurance Companies in Arvada
You can find the cheapest full coverage car insurance in Arvada from the following companies:
- GEICO: $766 per year
- Travelers: $953 per year
If you have a military background, USAA is a great option. It offers full coverages for an average annual premium of $654.
Progressive offers the most expensive insurance in the state at $1,889 annually. That’s about 146% higher than GEICO.
In addition to liability insurance, full coverage car insurance includes comprehensive and collision coverage. Rates may vary depending on your coverage levels. Insurers may also offer varying rates.
Cheapest Car Insurance in Arvada
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$654
- 2.$766
- 3.$953
- 4.$1,034
- 5.$1,079
MoneyGeek calculated the rates using the profile of a 40-year-old male driver in Arvada with full coverage auto insurance, as detailed in our methodology.
Purchasing full coverage auto insurance provides you with more financial protection. It may cost more than the state minimum policy, but it includes the following coverage types:
- Collision insurance: helps pay for repair costs for damages due to an accident
- Comprehensive insurance: protects you from expenses caused by non-collision–related incidents
If you have an older car, it may be better to opt for liability-only insurance or a state-minimum policy to get the cheapest insurance rates, as a full coverage policy may cost more than it’s worth to insure your car.
Compare Car Insurance Rates in Arvada
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Arvada for Minimum Coverage
In Arvada, the cheapest car insurance companies for drivers who want state-minimum policies are:
- GEICO: $345 per year
- State Farm: $496 per year
Current or former military members can find low rates from USAA. A policy with state minimum limits costs $277 per year on average through USAA.
If you drive an older car, liability-only coverage might be your best bet. You may end up paying more than your car is worth with a full coverage policy. Look at the table to compare costs.
Cheapest Minimum Liability Car Insurance in Arvada
State Minimum
- CompanyState Minimumper year
- 1.$277
- 2.$345
- 3.$496
- 4.$573
- 5.$581
Colorado’s minimum car insurance is the cheapest option in Arvada, but it may not offer you the best protection.
The state requires drivers to carry minimum insurance that has a limit of $15,000 for property damage. For example, if your repairs after an accident totaled $40,000, you’d have to pay $25,000 out of your pocket.
Colorado Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $15,000 for property damage. A more protective level is 100/300/100.
Cheapest Car Insurance in Arvada if You Have Driving Violations
Your driving record is a key factor affecting your car insurance premiums. Having violations like speeding tickets, at-fault accidents or DUIs on your driving record can cause your rates to increase.
The companies offering the most affordable car insurance in Arvada for drivers with driving violations are:
- Cheapest after a ticket: GEICO, $967 per year
- Cheapest after an at-fault accident: State Farm, $1,196 per year
- Cheapest after a DUI: State Farm, $1,115 per year
USAA is also an excellent option for drivers with military backgrounds who have speeding tickets or at-fault accidents on their records. USAA’s rate for drivers with speeding tickets is $796 per year, and for those with at-fault accidents is $932.
The best way for drivers to get lower rates after a ticket or an accident is to improve their records over time. In the short term, comparing car insurance quotes in Arvada can help you find the best deal.
Cheapest Car Insurance in Arvada With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$796
- 2.$967
- 3.$1,115
- 4.$1,221
- 5.$1,232
Average Cost of Car Insurance in Arvada
Arvada$1,318
Colorado$1,450
U.S.$1,424
Arvada’s average cost of insurance is $1,318 per year, lower than both the state and national averages. Drivers in Arvada pay 9.1% less for coverage compared with other Coloradans. The city’s average auto insurance premium is 7.4% lower than the national average.
Personalized Quotes to Get You the Cheapest Car Insurance in Arvada
When you gather car insurance quotes in Arvada, it’s crucial to note that insurers use several factors to set rates. These include your age, gender, driving history and ZIP code. Your car’s make and model, as well as your preferred coverage levels, also impact the cost of car insurance in Arvada.
As insurers weigh factors differently, comparing quotes can help you find the best rate given your situation. Compare quotes from at least three different insurers to find the cheapest rate.
Compare Car Insurance Rates in Arvada
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Arvada
MoneyGeek found the best auto insurance companies in Arvada by analyzing average rates, customer satisfaction and claims ratings. The top auto insurance providers in Arvada are:
- GEICO: MoneyGeek score of 87 out of 100
- State Farm: MoneyGeek score of 86 out of 100
According to MoneyGeek’s unique ranking system, USAA received a 100 out of 100. It is the best car insurance company for military members in Arvada. It is not included in the overall rankings because its policies are limited to former and current military members and their families.
1
GEICO
Score:87
GEICO ranked first for affordability in Arvada, with a full coverage policy for a 40-year-old costing an average of $766 per year. GEICO also got high scores for customer satisfaction and claims. Policyholders may purchase or earn accident forgiveness.
More About GEICO
GEICO’s accident forgiveness prevents the insurance premium from going up after the first at-fault accident. It is purchasable in Arvada as a policy add-on or earnable after five accident-free years after age 21. The insurer also offers add-on mechanical breakdown insurance to cars less than 15 months old with fewer than 15,000 miles, which covers every part and system in your car at a lower cost than an extended dealer warranty.
Policyholders may also get rental car and/or travel reimbursement to cover the cost of a rental if their car is not drivable for more than 24 hours after a covered accident.
Read MoneyGeek's GEICO auto Insurance Review2
State Farm
Score:86
State Farm had the second-best MoneyGeek score in Arvada, earning a perfect customer satisfaction score and high claims and affordability scores. Forty-year-old drivers with full coverage from State Farm pay roughly $1,034 per year. Rideshare insurance is available to interested policyholders.
More About State Farm
State Farm offers add-on rideshare insurance to Arvada drivers, which ensures that drivers working for a ridesharing company have coverage for emergency roadside assistance and rental car costs, plus medical payments coverage while working.
Policyholders can also add rental car and/or travel reimbursement coverage, giving them a $500 deductible repayment if they have an at-fault accident in a rental, rental car coverage to a set amount after a claim that requires vehicle repairs and $500 toward travel expenses.
Read MoneyGeek's State Farm auto Insurance Review3
Travelers
Score:81
4
Allstate
Score:72
5
Nationwide
Score:72
6
Esurance
Score:59
7
American Family
Score:57
8
Farmers
Score:47
9
MetLife
Score:40
10
Progressive
Score:23
Average Cost of Car Insurance by Postal Code
Where you live is one of the factors that can significantly affect auto insurance quotes. Insurers use your ZIP code to determine several risk factors.
For example, if there are a high number of accidents in your area, this may cause your premium to increase. Frequent occurrences of automobile theft or vandalism have the same effect.
Those living in the 80003 ZIP code have the lowest car insurance rates in Arvada. Their annual average premium costs $1,317. Drivers from the 80004 area pay a slightly higher rate at $1,319 per year on average.
- Zip CodeState Minimumper year
- 80003$1,317
- 80004$1,319
Factors That Impact Insurance Costs in Arvada
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Arvada. How Arvada ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
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