bestauto insuranceFort Collins2022Compare the Cheapest Car Insurance Quotes in Fort Collins, CO
Car insurance in Fort Collins costs $1,112 annually, 23.3% lower than Colorado’s average. The cheapest, widely available insurer is State Farm at $689 per year. Money Geek analyzed the most affordable options using coverage amount and driving history. To ensure that you get quality service at a cost-effective price, MoneyGeek listed the best insurance companies in Fort Collins.
Compare 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: 7/30/2022
Written By |
Mark Fitzpatrick
On average, the cheapest car insurance provider for full-coverage and liability-only policies in Fort Collins is GEICO. Drivers with speeding tickets can look to State Farm for the cheapest average policies.
USAA provides the most affordable coverage in the city, but its policies only apply to individuals in the military and their families. Overall, MoneyGeek’s top-ranking company in Fort Collins, balancing affordability, availability and quality of service, is State Farm.
bestauto insuranceFort Collins2022The Cheapest and Best Car Insurance in Fort Collins
The Cheapest Car Insurance Companies in Fort Collins
On average, the cheapest car insurance providers in Fort Collins are:
- GEICO: $689 per year
- Travelers: $765 per year
Members of the military, along with their families, can opt for USAA. This company offers the lowest rates in the city, on average, at $618 per year.
For non-military drivers, GEICO provides the most affordable car insurance in Fort Collins. Its average annual cost is $1,038 lower than Progressive, which has the highest rates in the city, on average, for comparable coverage. These rates apply to full-coverage policies, which include comprehensive and collision coverage. However, your actual costs will vary depending on your driving record and liability limits.
Cheapest Car Insurance in Fort Collins
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$618
- 2.$689
- 3.$765
- 4.$852
- 5.$890
MoneyGeek used a sample 40-year-old male driver seeking full coverage to receive quotes. For additional insight into our analysis, we explore policy limits on our methodology page.
A full-coverage car insurance policy is more costly than coverage that only meets state minimums. Full coverage also includes the following two types of insurance:
- Collision Insurance: If you hit another vehicle or a stationary object, this coverage pays the cost of repairs.
- Comprehensive Insurance: This coverage protects drivers against the costs associated with non-collision damages to their cars.
For drivers of older vehicles, liability-only coverage may provide better insurance, as a full-coverage policy may cost more than the worth of the car itself.
Compare Car Insurance Rates in Fort Collins
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Fort Collins for Minimum Coverage
The cheapest car insurance policies in Fort Collins deliver coverage that only meets state minimums. On average, the two cheapest providers for liability-only insurance in the city are:
- GEICO: $302 per year
- State Farm: $420 per year
At an average yearly cost of $252, USAA delivers the cheapest liability-only policies in the city. However, its coverage only applies to military members and their families.
On average, Progressive has the most expensive coverage for state minimums in the city, at $1,196 per year. This is $894 more than the cheapest insurer.
State minimum insurance offers the most affordable coverage but features the lowest limits. It also excludes comprehensive and collision coverage, which is essential if your car becomes damaged in an at-fault accident. Check how rates vary across liability limits with the following table.
Cheapest Minimum Liability Car Insurance in Fort Collins
State Minimum
- CompanyState Minimumper year
- 1.$252
- 2.$302
- 3.$420
- 4.$471
- 5.$503
Liability-only car insurance policies must meet the state's requirement of 25/50/15 coverage. While this insurance is the cheapest, it also provides the least protection if you are at fault in an accident, leaving you to cover some expenses yourself. For instance, if an accident leads to $35,000 in medical expenses, you will have to pay the additional $10,000 out of 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 Fort Collins if You Have Driving Violations
Your driving record determines how much you pay for car insurance. Driving violations like DUIs and speeding tickets on your record can affect your costs negatively.
The most affordable insurance carriers in Fort Collins for drivers with the following violations are:
- Cheapest After a Ticket: State Farm, $963 per year
- Cheapest After an At-Fault accident: Travelers, $993 per year
- Cheapest After a DUI: State Farm, $963 per year
Fortunately, you can reduce your insurance premiums by improving your driving record over time. Drivers with a speeding ticket, at-fault accident or DUI on their record can receive the best quotes by comparing rates across providers.
Cheapest Car Insurance in Fort Collins With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$748
- 2.$868
- 3.$963
- 4.$971
- 5.$1,009
Average Cost of Car Insurance in Fort Collins
Fort Collins$1,112
Colorado$1,450
U.S.$1,424
The average annual cost of auto insurance in Fort Collins is $1,112. This is 23.3% cheaper than the Colorado average and 21.9% less than the U.S. average.
Personalized Quotes to Get You the Cheapest Car Insurance in Fort Collins
To calculate car insurance prices, companies consider several factors. These may include your gender and age, driving experience, credit score and other criteria.
In Fort Collins, GEICO charges an average of $689 per year to cover a 40-year-old male driver. This price can change as you get older or if you start driving a different car. As a result, it’s important to compare car insurance quotes regularly to make sure you have the best coverage at the most reasonable price.
Compare Car Insurance Rates in Fort Collins
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Fort Collins
MoneyGeek gathered and analyzed information from several car insurance companies in Fort Collins. We ranked the best car insurance companies based on average rates, claims ratings and customer satisfaction.
The best car insurance companies in Fort Collins are the following:
- State Farm: 88.6 out of 100
- GEICO: 88.0 out of 100
USAA was not included in our rankings because policies are only offered to current or former military members and their families. However, the insurer received a MoneyGeek score of 100 out of 100, making it the best car insurance company in Fort Collins for military affiliated drivers.
1
State Farm
Score:90
State Farm received perfect scores for stability and satisfaction. A unique coverage they offer is rideshare insurance. The average price for a policy in Fort Collins for a 40-year-old driver is $890 per year.
More About State Farm
State Farm's rideshare insurance ensures your medical, emergency roadside assistance and rental car reimbursement coverages remain in place while you're working for a rideshare company. Additionally, this coverage ensures that your deductible and policy benefits, except for liability insurance, remain in place while you’re working. The rideshare insurance is an add-on coverage to your policy. It’s estimated to cost around 15% to 25% of your premium. Other coverages from State Farm include roadside assistance and rental car and/or travel reimbursement.
Read MoneyGeek's State Farm auto Insurance Review2
GEICO
Score:90
GEICO’s scores show that it’s one of the most financially stable insurers in Fort Collins. On average, the annual cost of a policy for a 40-year-old driver is $689 per year. The insurer offers mechanical breakdown insurance, a coverage rarely offered by other insurers.
More About GEICO
Typically, the cost of your premium may increase after an at-fault accident. However, if you have accident forgiveness coverage, your rates won’t increase after an at-fault accident. You can get accident forgiveness coverage by purchasing it or earning it through good driving habits. This coverage will automatically be added to car insurance policies for drivers that are at least 21 years old and have been accident-free for at least five years.
Read MoneyGeek's GEICO auto Insurance ReviewAverage Cost of Car Insurance by Postal Code
It’s not uncommon for car insurance rates to vary by ZIP code, even if the city name is the same. Areas with more car thefts, accidents and uninsured motorists typically have higher vehicle insurance rates.
Fortunately, in Fort Collins, ZIP codes don’t have a huge impact on car insurance rates. For instance, there’s roughly a $6 difference in the average annual prices between the 80526 and 80525 ZIP codes.
- Zip CodeState Minimumper year
- 80526$1,109
- 80525$1,115
Factors That Impact Insurance Costs in Fort Collins
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 Fort Collins. How Fort Collins ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
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