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

Factors like driver profile, coverage needs and budget determine which insurance company is cheapest or best for you.

American National P&C far outranks its competitors as Centennial's overall best car insurance company. It also ranked the cheapest for different coverage types and drivers with violations.

Meanwhile, teens in Centennial can save the most by purchasing a policy from Kemper. Military members may do best with USAA’s tailored coverages. For drivers willing to spend more in exchange for the best customer service, Acuity is the ideal option in the city.

The companies with the most affordable minimum coverage car insurance in Centennial are:

• American National P&C: $222 per year
• Colorado Farm Bureau: $318 per year

Allstate provides the most expensive full coverage policies for $707 per year.

Furthermore, American National P&C has the lowest average annual rate for minimum coverage car insurance in the state of Colorado at $216 as of October 2022. Centennial’s auto insurance rates are slightly more expensive than other places in the state, as location affects the price.

In Colorado, a minimum coverage policy provides assistance solely for bodily injuries and property damage to other cars and their passengers:

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

Your insurance provider pays up to a specified amount for damages after a covered accident. For example, under the coverage above, your insurer pays for medical expenses of up to $25,000 per individual or $50,000 per accident, with any additional costs being your responsibility.

The following insurers in Centennial provide the most inexpensive full coverage car insurance policies:

• American National P&C: $523 per year
• GEICO: $706 per year

In contrast, Acuity is the priciest company, with policies costing $1,351 per year.

American National P&C has the cheapest full coverage car insurance in Colorado, with an average annual rate of $541 as of October 2022. Again, this shows how location can affect insurance costs. Full coverage rates in Centennial are less expensive by a slight margin than the state average.

To ensure the best protection, check out full coverage policies with collision and comprehensive insurance.

• Collision Insurance: Protects drivers against expenses due to collisions with another vehicle or objects like street poles, stop signs or mailboxes.
• Comprehensive Insurance: Protects drivers from other expenses, such as those caused by natural disasters, vandalism or theft.

A full coverage policy may be useful if you have a new vehicle. However, if you own an older car that’s not worth much money, it may not be worth paying extra to keep it looking its best.

These insurers offer the most affordable full coverage rates to Centennial drivers with traffic violations:

• Speeding: American National P&C ($613 per year)
• Accident: American National P&C ($711 per year)
• DUI: American National P&C ($795 per year)

Acuity policies are the most expensive for drivers with those infractions on their records, at $3,022 per year.

Generally, traffic violations such as speeding tickets, DUIs or accidents increase your insurance rates. Even the most affordable rates for a driver with violations are typically more expensive than the average rates for someone with a clean driving record.

Car insurance premiums generally rise in proportion to the gravity of the driving offense. For instance, a driver in Centennial with a speeding ticket pays $359 less than a driver convicted of a DUI.

Though car insurance may be more costly for those with poor driving records, reasonably priced auto insurance policies can still be found.

The cheapest car insurance companies for teens on a family policy in Centennial are:

• Kemper: $2,091 per year for male teens; $1,442 per year for female teens
• GEICO: $2,169 per year for male teens; $2,288 per year for female teens

Farmers sells the most expensive policies. They run $4,854 for female and $5,174 for male teens yearly.

Unusually, Kemper charges female teens a lot more than male teens, with a difference of around $649 each year. GEICO, on the other hand, charges male teens $119 more than female teens.

Typically, female teens pay lower car insurance rates than males because guys are considered "high risk." However, the difference in rates often drops off in early adulthood.

Teen drivers can reduce their car insurance costs by opting for a family policy rather than an individual policy. For example, this can save a 16-year-old male teen in Centennial, Colorado, an average of $3,923 annually. Although insurance rates for teen drivers are generally higher, you can find the cheapest car insurance rates for teens by comparing multiple providers.

The following car insurance providers offer the most affordable rates to military personnel and their families in Centennial:

• American National P&C: $523 per year
• GEICO: $706 per year

USAA ranked third in affordability at $729 per year. But, this is a cost vs. benefits issue. USAA is highly recommended for military members and families because its policies are tailored to their needs.

For cheap military minimum coverage car insurance, American National P&C wins out at an average yearly cost of $222. Alternatively, USAA is the second-most affordable insurer, with an average annual cost of $286.

Choosing from hundreds of car insurance options available in Centennial, Colorado, can be overwhelming.

It takes up to 15 minutes to enter highly personal details for just one quote. Considering comparing at least three quotes is recommended, you’re looking at nearly an hour and giving those private details to several companies.

To save time, MoneyGeek has a car insurance calculator providing a quick rate estimate based on your age, vehicle type, coverage level, and driving history.

Selecting the right car insurance policy depends on cost, service coverage and individual preferences.

MoneyGeek has identified the best car insurance providers based on different categories:

• 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 MoneyGeek score may differ across categories based on how factors shifted by relevance. That said, American National P&C isn't only the best insurer in Centennial but also the top car insurance provider in Colorado.

USAA auto insurance is another excellent choice if you have a military affiliation. It came in second for the best insurer for military members in Centennial, with a MoneyGeek score of 80 out of 100.

The top car insurance providers in Centennial are:

• American National P&C: MoneyGeek score of 83 out of 100 ($456 per year)
• GEICO: MoneyGeek score of 69 out of 100 ($603 per year)

American National P&C is Centennial's most affordable and best overall car insurance provider due to its above-average customer satisfaction score and broad range of coverage options. These two factors are crucial when selecting a reliable insurer.

For current and former military members, USAA Auto Insurance is an excellent choice, with a high MoneyGeek score of 77 out of 100 for its policies.

For drivers in Centennial who value excellent customer service more than cost, the following insurers may be worth considering:

• Acuity: MoneyGeek score of 78 out of 100 ($1,351 per year)
• American National P&C: MoneyGeek score of 67 out of 100 ($523 per year)

Acuity is our choice due to its exceptional customer satisfaction score and high claims management rating. Although Acuity's policies are the most expensive of the insurers in our review, its excellent service may be worth the cost.

MoneyGeek ranked the top providers for minimum coverage policies based on affordability and service quality. These insurers scored highest for this combination:

• American National P&C: MoneyGeek score 83 out of 100 ($222 per year)
• Auto-Owners Insurance Co: MoneyGeek score 69 out of 100 ($403 per year)

While minimum coverage policies are the most affordable, they offer the least protection and don't cover damages to your vehicle.

In Centennial, the average cost of car insurance for a full coverage policy is $1,009 per year. This is slightly more expensive than the average cost of car insurance in Colorado, running about $1,002 annually. However, car insurance in Centennial is cheaper than the national average of $1,265 annually.

These rates are based on a full coverage policy with a limit of $100,000 bodily injury liability per person, $300,000 bodily injury liability per accident, and $100,000 property damage liability per accident.