Compare the Cheapest Car Insurance Quotes in Boulder

Drivers in Boulder pay a yearly average of $1,221 for car insurance, which is 15.8% less than the state average. GEICO offers the cheapest policy at an average of $653 per year. To help you identify the best insurance provider based on your driving profile, MoneyGeek determined the lowest rates based on driving history and elected coverage amount. We also determined the top providers offering affordability and quality service.

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Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

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Last Updated: 5/16/2022
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GEICO offers the cheapest car insurance in Boulder. Besides being the most affordable option, it also offers the lowest rates for minimum coverage policies and for drivers with speeding tickets. USAA offers the lowest rates for eligible military families. State Farm is the overall best car insurance company in Boulder, providing affordability and quality service.

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The Cheapest and Best Car Insurance in Boulder

The Cheapest Car Insurance Companies in Boulder

The companies offering cheap full coverage car insurance in Boulder are:

  • GEICO: $653 per year
  • Travelers: $877 per year

Although not included in this ranking, USAA offers the lowest average rate of $634 per year. However, its policies are only available to military members and their families.

Full coverage car insurance includes comprehensive and collision insurance, which protects drivers from high out of pocket expenses in the case of an at-fault collision. Annual premiums fluctuate depending on driver profile and provider. For example, Progressive’s average premium of $1,850 is nearly three times as expensive as a similar policy from GEICO, the most affordable provider in Boulder.

Cheapest Car Insurance in Boulder
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    USAA
    $634
  • 2.
    GEICO
    $653
  • 3.
    Travelers
    $877
  • 4.
    Esurance
    $920
  • 5.
    Nationwide
    $957
  • 6.
    Allstate
    $1,003
  • 7.
    State Farm
    $1,066
  • 8.
    American Family
    $1,426
  • 9.
    MetLife
    $1,709
  • 10.
    Farmers
    $1,750
  • 11.
    Progressive
    $1,850

MoneyGeek’s guide shows average car insurance rates in Boulder using the profile of a 40-year-old male driver with full coverage auto insurance and a clean driving record, as defined in our methodology.

At a higher premium, full coverage car insurance provides more protection as it includes these coverages on top of liability insurance:

  • Comprehensive insurance: In the event of a non-collision-related incident, such as theft, vandalism, animal damage or weather-related occurrence, damages to your vehicle will be covered.
  • Collision insurance: In the event of an at-fault collision, damages to your vehicle will be covered.

Although full coverage offers the most protection, it may not be the right choice for every driver. Drivers with older cars may benefit more from a liability-only policy as a full coverage premium may be more costly than the value of an older vehicle.

Compare Car Insurance Rates in Boulder

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

Cheapest Car Insurance in Boulder for Minimum Coverage

A minimum coverage policy is your cheapest option for car insurance in Boulder. The insurance providers offering the lowest rates are:

  • GEICO: $294 per year
  • State Farm: $479 per year

USAA offers the cheapest minimum coverage policy of $264 per year. However, it was excluded from this ranking as it is only available to military families.

Even with minimum coverage policies, rates vary among providers. For instance, Progressive offers minimum coverage for an average rate of $1,296 per year. That’s more than four times the average rate of a comparative policy from GEICO.

Minimum coverage is the most affordable option, but it has low levels of liability coverage and offers the least protection. It does not include comprehensive and collision insurance. You can use the table below to see how rates fluctuate based on elected liability coverage.

Cheapest Minimum Liability Car Insurance in Boulder
State Minimum

Colorado’s minimum car insurance requirement includes liability coverage with 25/50/10 limits for bodily injury and property damage. It provides the least protection, and you may end up paying more out of pocket later.

A state minimum policy in Boulder only covers up to $50,000 in bodily injury. If you’re at-fault in a collision and medical expenses total $60,000, the remaining $10,000 will be your responsibility out of pocket.

Colorado Minimum Liability Requirements

  • Item
    Description
  • 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 Boulder if You Have Driving Violations

Violations on your driving record are sure to increase your premium.

On average, the following insurers offer the lowest rates for drivers with violations:

  • Cheapest after a ticket: GEICO at $819 per year
  • Cheapest after an at-fault accident: GEICO at $1,105 per year
  • Cheapest after a DUI: State Farm at $1,150 per year

If you have a military background and a speeding ticket or an at-fault accident on your record, USAA offers the lowest rates.

If you’re looking for cheap coverage after an accident or a speeding ticket, it’s recommended to work on improving your driving record over time. In the meantime, compare car insurance quotes in Boulder to find the best deals.

Cheapest Car Insurance in Boulder With a Violation
Speeding Ticket

Average Cost of Car Insurance in Boulder

Boulder$1,221
Colorado$1,450
U.S.$1,424

On average, Boulder drivers spend less on car insurance than most Colorado residents. Car insurance in Boulder is 15.8% less than the state's average cost of car insurance and 14.3% less than the national average.

Personalized Quotes to Get You the Cheapest Car Insurance in Boulder

There are several factors insurers use to set car insurance premiums. They consider car make and model, age, gender and ZIP code.

Shopping car insurance quotes in Boulder is an effective way to determine which insurer best meets your coverage needs.

Compare Car Insurance Rates in Boulder

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

The Best Car Insurance Companies in Boulder

MoneyGeek rated several car insurance companies to show drivers in Boulder which ones balance affordability, service quality and financial stability.

The best car insurance companies in Boulder are:

  • State Farm: MoneyGeek score of 90 out of 100
  • GEICO: MoneyGeek score of 90 out of 100

USAA is the best car insurance for eligible military families in Boulder.

MoneyGeek used various data, including insurance providers’ customer service ratings from J.D. Power, financial stability and affordability.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
State Farm
Score:90

3/5

Affordability

3/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

3
GEICO
Score:90

5/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

4
Allstate
Score:82.5

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

5
CSAA
Score:82.5

5/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

6
Liberty Mutual
Score:82.5

3/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

7
American Family
Score:80

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

8
Travelers
Score:80

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A++

Financial Stability

9
Safeco
Score:77.5

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

10
Farmers
Score:77.5

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

11
Progressive
Score:77.5

3/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

12
Nationwide
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

Average Cost of Car Insurance by Postal Code

Premiums can fluctuate for drivers with identical profiles depending on their postal code. Insurance providers consider that some neighborhoods have higher theft rates, number of accidents and a higher probability of natural disasters. Consequently, these location-specific factors are used to tailor premiums.

Boulder drivers living in ZIP code 80304 pay an average of $1,217 for car insurance each year. They have the most affordable premium in the city. Drivers living in ZIP code 80302 experience about an $8 increase at an average of $1,225 per year.

  • Zip Code
    State Minimumper year
  • 80304
    $1,217
  • 80302
    $1,225

Factors That Impact Insurance Costs in Boulder

In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Boulder. How Boulder ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities284th/300
handcuffs2 icon
Most Car Thefts85th/300
uninsured icon
Most Uninsured Motorists by State19th/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall214th/300
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Most Rainy Days175th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Boulder are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.