Cheapest and Best Car Insurance in Fort Collins, CO (July 2024)

In Fort Collins, Colorado, Colorado Farm Bureau is the most affordable for minimum and full coverage. State Farm shines for families with teens. Acuity is superior in customer service and overall best car insurance, offering the best of both worlds. Your ideal fit might vary with personal preferences and needs.

Colorado Farm Bureau offers the cheapest minimum coverage car insurance in Fort Collins.

• Colorado Farm Bureau: $228 per year
• American National P&C: $244 per year

Farmers Union Insurance presents the most expensive minimum coverage policy in the city at $852 annually. That's a $624 difference from Colorado Farm Bureau's premium, highlighting the significance of comparing car insurance rates to find the best deal.

State Minimum Liability Requirements

In every Colorado city, including Fort Collins, your car insurance minimums are set by state law. Here's what you need:

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

Imagine you're in an accident where the bodily injury to one person is $30,000. Your minimum coverage policy covers up to $25,000. Beyond that, you'd be paying $5,000 out of pocket. Remember, these minimums are standard, plain and simple.

Colorado Farm Bureau offers the cheapest full coverage car insurance in Fort Collins.

• Colorado Farm Bureau: $594 per year
• American National P&C: $620 per year

Farmers Union Insurance has the priciest policy at $1,721 yearly, a $1,127 difference compared with the most affordable option. This highlights why comparing car insurance rates is important, particularly because full coverage policies include comprehensive and collision insurance, making them costlier than minimum coverage policies.

Do You Need Full Coverage in Colorado?

A full coverage policy in Fort Collins includes coverage for damage to your own vehicle in the form of comprehensive and collision coverages. It usually also includes increased liability limits.

• Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

If you have a new vehicle, it's wise to opt for full coverage insurance for more robust financial protection. If you're leasing or have a car loan, you are typically required to carry full coverage insurance.

On the other hand, owners of older vehicles may find that the extra cost — which can amount to several hundred dollars more per year — is not justified by the value of the vehicle. When deciding how much car insurance coverage you need, consider your ideal balance: more extensive coverage comes with higher premiums, but getting less coverage means you may pay more out of pocket if you need to file a claim.

When it comes to insuring drivers with infractions in Fort Collins, the cheapest company varies by the type of offense.

• Speeding Ticket: American National P&C ($718 per year)
• At-fault accident: Colorado Farm Bureau ($743 per year)
• DUI: Colorado Farm Bureau ($771 per year)

The comparison between the cheapest companies highlights the impact of different offenses on car insurance rates: there is a $53 difference in annual premiums between a speeding ticket and a DUI. The most expensive rates for the same offenses come from Farmers Union Insurance.

In Fort Collins, insurance premiums escalate with the severity of a driving violation due to increased risk perceived by insurers. For instance, drivers with a speeding ticket pay an average annual rate of $2,015, while those with a DUI are charged around $2,593.

This stark disparity in costs underscores the importance of comparing insurance rates, especially for drivers with offenses, to potentially save hundreds of dollars on their insurance premiums.

Kemper offers the most affordable full coverage car insurance for male and female teens in Fort Collins.

• Kemper: $1,960 per year for female teens and $1,352 per year for male teens
• GEICO: $1,926 per year for female teens and $2,031 per year for male teens

In Fort Collins, rates don't differ between male and female teens for providers like Allstate, offering a uniform annual premium. At $3,984 for female teens and $4,246 for male teens, Farmers presents the most costly option for adding a teen to a family car insurance policy.

The significant difference of $2,024 between Kemper and Farmers for female teens underlines the importance of shopping around, especially with teens, who are statistically higher-risk drivers.

In Fort Collins, as in many other cities, the financial burden of auto insurance for a teen driver can be significantly alleviated through a family policy. The average individual annual premium for a teen driver stands at $5,963, in contrast to the more economical $2,669 when added to a family policy.

This substantial difference is due to insurers considering teens high-risk drivers, given their lack of driving experience and higher accident rates. Securing an individual policy is not only cost-prohibitive but can also be challenging. Insurers may be hesitant to offer coverage independently to this high-risk demographic without the mitigating presence of a responsible adult on the policy.

Colorado Farm Bureau offers the cheapest car insurance for military backgrounds in Fort Collins, ensuring significant savings for those who have served.

• Colorado Farm Bureau: $594 per year
• American National P&C: $620 per year

Although not the least expensive, USAA ranks third with an annual premium of $774. While its rates are slightly higher compared with the top two competitors, USAA stands out because it serves the unique needs of active duty military members and veterans.

In Fort Collins, comparing car insurance rates is a key strategy for cost savings. However, the process is often cumbersome, potentially requiring over an hour to examine rates from three or more companies.

MoneyGeek's car insurance calculator can help you streamline this process. By inputting details like age, driving history, credit score and preferred coverage, you can instantly receive rate estimates.

Choosing the right auto insurance depends on your priorities — whether you value service, cost, coverage, or other factors. MoneyGeek has assessed Fort Collins's insurance providers using distinct criteria to recommend options for different needs:

• Best overall: Acuity (MoneyGeek score 89 out of 100)
• Best for service: Acuity (MoneyGeek score 96 out of 100)
• Best cheap: Acuity (MoneyGeek score 90 out of 100)

Acuity emerges as the foremost choice in Fort Collins for overall value, service and affordability.

Acuity offers the best option in Fort Collins for drivers seeking the best car insurance.

• Acuity: MoneyGeek score of 89 out of 100 ($1,071 per year)
• American National P&C: MoneyGeek score of 78 out of 100 ($620 per form year)

Acuity stands out in Fort Collins particularly due to its high satisfaction and claims scores. Its score reflects a policy that offers full coverage, ensuring drivers receive comprehensive benefits and security on the road.

Acuity is the best option in Fort Collins for car insurance when prioritizing customer service and coverage satisfaction. This distinction is conferred based on comprehensive measures of overall satisfaction, claims resolution proficiency and the depth of coverages, while not considering cost.

• Acuity: MoneyGeek score of 96 out of 100 ($1,071 per year)
• American Family: MoneyGeek score of 76 out of 100 ($987 per year)

Acuity company not only exemplifies superior customer service but also exceptional claims handling capabilities, reinforcing its position as a foremost choice for Fort Collins drivers.

Acuity offers the best cheap car insurance in Fort Collins, striking a balance between cost-efficiency and quality service. This distinction is reassurance if you’re seeking a minimum coverage policy without compromising on support during claims and overall customer satisfaction.

• Acuity: MoneyGeek score of 90 out of 100 ($408 per year)
• American National P&C: MoneyGeek score of 80 out of 100 ($244 per year)

Acuity's leading score can be credited to its excellent claims service and the highest customer satisfaction in the category. This blend of value and quality secures Acuity's standing as the choice for drivers in Fort Collins.

The average car insurance cost in Fort Collins is $1,146, which is less than the overall average cost across Colorado, standing at $1,345. Such statewide figures are significantly below the national average car insurance cost, which is at $1,781. Furthermore, compared to the national average, Colorado's car insurance rates are $437 cheaper, showcasing a notable difference for residents and potential movers.

Car insurance premiums are impacted by an array of factors, with location being one of the high-priority considerations. Location influences insurance rates due to variables such as accident rates, thefts and natural disasters that are specific to an area.

For instance, in Colorado, Denver has the most expensive car insurance premium at $1,142, while the city with the cheapest premium is Fort Collins at $857. This indicates a substantial difference within the same state, affirming the weight location holds on insurance costs. In less populated, non-city areas where traffic density lowers, insurance rates could be even more affordable.