Cheapest and Best Car Insurance in Boulder, CO (2023)

The best and cheapest car insurer in Boulder, CO, will vary for drivers based on their coverage needs and budget. For the average 40-year-old driver in Boulder, the cheapest full coverage auto insurance is American National P&C. This insurer is also the cheapest for military-affiliated drivers and those with traffic violations. Teens, on the other hand, may get the cheapest rates from GEICO. The best insurer for customer service is Acuity.

The cheapest car insurance companies in Boulder for a minimum coverage policy are:

• American National P&C: $197 per year
• Colorado Farm Bureau: $278 per year

Farmers is the most expensive company, offering full coverage policies for $640 per year. American National P&C also offers the cheapest minimum car insurance in Colorado, with an average annual rate of $216. This indicates that car insurance in Boulder is slightly cheaper than in other cities in Colorado.

If you’re in Colorado, a minimum coverage policy only covers bodily injuries and property damage.

• $25,000 bodily injury liability per person
• $50,000 bodily injury liability per accident
• $15,000 property damage liability per accident

With liability coverage, your insurer will pay up to a specific amount for damages. For instance, with the coverages included above, your insurer would cover medical expenses of $25,000 per person up to $50,000 per accident. Any additional expenses would be your responsibility.

The following insurers in Boulder offer the cheapest car insurance for a full coverage policy:

• American National P&C: $456 per year
• GEICO: $603 per year

Farmers, the most expensive company, sells policies for $1,278 per year — almost three times as much as the cheapest company.

American National P&C also offers the cheapest full coverage auto insurance in Colorado at an average annual rate of $541 (as of October 2022). Car insurance in Boulder is cheaper than in other cities in Colorado, demonstrating how location can impact the cost of insurance.

A full coverage policy includes comprehensive and collision insurance:

• Collision Insurance covers accidents and vehicle damages from collisions with another vehicle or objects like a street pole, stop sign or mailbox.
• Comprehensive Insurance: covers other types of damages, including those caused by natural disasters, vandalism or theft.

Although not required by law, it may be worth getting a full coverage policy if you own a new vehicle. On the other hand, if you own an old vehicle, it may not be worth paying the extra money each year.

Drivers in Boulder with traffic violations can get the cheapest rates for a full coverage policy from the following insurers:

• Speeding ticket: American National P&C ($535 per year)
• At-fault accident: American National P&C ($621 per year)
• DUI: American National P&C ($694 per year)

Acuity policies are the most expensive at $2,796 per year for drivers with the above violations.

Driving violations, like a speeding ticket, DUI or accident, usually impact your rates. Typically, even the cheapest rates for a driver with violations will still be more than average-priced rates for someone with a clean driving history.

Car insurance rates tend to increase in proportion to the severity of the driving offense. For instance, a driver in Boulder with a speed ticket will pay $302 less than a driver with a DUI offense. While car insurance may cost more, you can still find relatively cheap auto insurance with a bad driving record.

The cheapest car insurance companies in Boulder for a 16-year-old teen on a family policy are:

• GEICO: $1,802 per year for female teens; $1,901 per year for male teens
• Kemper: $1,837 per year for female teens; $1,267 per year male teens

Farmers has the most expensive insurance for a teen driver on a family policy, charging $4,577 per year for female teen drivers and $4,878 per year for male teen drivers.

In Boulder, the cheapest insurer for male teens, Kemper, charges male teens $1,267 per year. This is $535 less than the cheapest annual premium for female teens, offered by GEICO for $1,802. While male teens pay less than female teens for car insurance in Boulder, this is atypical — usually, females pay less than men for car insurance until early adulthood.

Teens can save money on their car insurance by joining a family policy as opposed to purchasing a separate policy. For instance, a 16-year-old male teen in Boulder, CO could save an average of $3,923 per year by joining a family policy instead of purchasing an individual policy. While rates for teens tend to be more expensive, you can find the cheapest car insurance rates for teenage drivers by shopping around.

In Boulder, military members and their families can get the cheapest rates from these providers:

• American National P&C: $456 per year
• GEICO: $603 per year

USAA is the third-cheapest option at $663 per year. This insurer is one of our top picks for this category because its policies cater exclusively to military members and their families.

The cheapest minimum car insurance policy for military members is available from American National P&C for an average rate of $197 per year. Meanwhile, the second-cheapest option is USAA at an average rate of $263 per year.

It can take up to 15 minutes to enter all the personal information required for a single car insurance quote. When comparing quotes for multiple companies, this can add up.

Use MoneyGeek’s car insurance calculator to quickly estimate your rate using only your age, vehicle type, coverage level and driving history.

The best car insurance for you will depend on how much you value cost, service coverage and other factors.

MoneyGeek identified the following insurers as the best providers for each respective category:

• Best overall: American National P&C (MoneyGeek score of 83 out of 100)
• Best for service: Acuity (MoneyGeek score of 78 out of 100)
• Best cheap: American National P&C (MoneyGeek score of 83 out of 100)

An insurer’s total MoneyGeek score may vary across categories depending on the factors that were weighted.

In addition to being the best insurer in Boulder, American National P&C is also the best car insurance provider in Colorado.

If you have a military background, USAA is another great option. It ranked as the second-best insurer for military members in Boulder, receiving a MoneyGeek score of 80 out of 100.

In Boulder, the best overall car insurance providers are:

• American National P&C: MoneyGeek score of 83 out of 100 ($456 per year)
• GEICO: MoneyGeek score of 70 out of 100 ($603 per year)

In addition to being the cheapest company, American National P&C ranked as the best in Boulder for having an above-average customer satisfaction score and offering a wide range of coverage options — which are both important metrics when choosing a good insurer.

USAA is another excellent option if you’re a current or former member of the military. The insurer received a high MoneyGeek score of 80 out of 100 for its policies.

Drivers who prioritize customer service over cost may consider the following insurers in Boulder:

• Acuity: MoneyGeek score of 78 out of 100 ($1,254 per year)
• American National P&C: MoneyGeek score of 67 out of 100 ($456 per year)

Acuity is our top choice due to its nearly perfect score for customer satisfaction and high claims management rating. Compared to the other insurers in our review, Acuity has one of the most expensive policies.

MoneyGeek ranked the best providers for minimum coverage policies based on affordability and service quality. Our analysis showed the following insurers provide the best customer service:

• American National P&C: MoneyGeek score of 83 out of 100 ($197 per year)
• Auto-Owners Insurance Co: MoneyGeek score of 72 out of 100 (331 per year)

Minimum coverage policies may be the cheapest, but they offer the least amount of liability protection and don’t cover accident-related damages to your own vehicle.

The average cost of car insurance in Boulder is $895 per year for a full coverage policy, which is cheaper than the average cost of car insurance in Colorado — $1,002 per year as of October 2022. Car insurance in Boulder is also cheaper than the national average cost of car insurance at $1,265 per year.

The rates included above are for a full coverage policy with $100,000 bodily injury liability per person, $300,000 bodily injury liability per accident and $100,000 property damage liability per accident.