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.
bestauto insuranceFort Collins2021The Cheapest and Best Car Insurance in Fort Collins
The Cheapest Car Insurance Companies in Fort Collins
The auto insurance companies in Fort Collins that can give you the most affordable full coverage policy on average are:
- USAA: $618 per year (only available to current and former military)
- GEICO: $689 per year
The prices above are for a 40-year-old male driver with a full coverage policy, which includes liability insurance, as well as comprehensive and collision insurance.
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- CompanyAmountper year
- 1.$618
- 2.$689
- 3.$765
- 4.$852
- 5.$890
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.
The Best Car Insurance Companies in Fort Collins
If you’re a driver who values both cost-effectiveness and outstanding service, it’s crucial to consider these factors when choosing an insurance provider. Using an internal scoring system, MoneyGeek determined that the best auto insurance companies are in Colorado are:
- USAA: 100/100 (only available to current and military members)
- State Farm: 90/100
MoneyGeek uses factors such as J.D. Power power satisfaction ratings, affordability and financial stability to calculate scores.
1
USAA
Score:100
2
State Farm
Score:90
3
GEICO
Score:90
4
Allstate
Score:83
5
CSAA
Score:83
6
Liberty Mutual
Score:83
7
American Family
Score:80
8
Travelers
Score:80
9
Safeco
Score:78
10
Farmers
Score:78
11
Progressive
Score:78
12
Nationwide
Score:75
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.
Shopping around for car insurance in Fort Collins could save you $423, which is enough to buy:
141Cups of Coffee
33Months of Your Favorite Streaming Service
Cheapest Car Insurance in Fort Collins by Coverage Amount
The amount of coverage you buy is one of the primary factors affecting the price of your policy. An insurance policy that meets Colorado’s minimum liability requirements costs $628 per year, on average. In comparison, a policy that offers full coverage with higher liability limits costs on average $1,112 — a difference of $485.
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.
GEICO offers cheap car insurance in Fort Collins for both liability-only and full-coverage policies with 50/100/50 limits. These limits mean you get coverage for $100,000 in medical bills maximum with no more than $50,000 per person towards that total. You also get $50,000 in property damage repair.
A liability-only policy will cover the costs to another driver if you cause an accident. Full-coverage insurance pays your expenses and the other driver’s when you are at fault in an accident. On average, a full-coverage policy at GEICO is $215 more than a liability-only policy.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$252$292
- 2.$302$366
- 3.$471$536
- 4.$420$509
- 5.$503$541
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$578$618
- 2.$581$689
- 3.$753$765
- 4.$787$890
- 5.$945$971
Cheapest Car Insurance in Fort Collins if You Have Driving Violations
It’s a good idea to drive safely and maintain a clean record. This will help reduce your vehicle insurance costs since driving offenses can increase your premiums.
For example, State Farm customers in Fort Collins with an at-fault accident on their record may be charged $145 more per year than drivers who have not caused an accident. Similarly, those with a speeding ticket or DUI might pay an average of $73 more each year.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$748$871$1,167
- 2.$963$1,035$963
- 3.$971$993$1,272
- 4.$868$1,166$1,579
- 5.$1,043$1,283$1,228
Average 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
Insurance Providers That Serve Fort Collins
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.
Methodology and Assumptions
MoneyGeek’s average premium rates for Fort Collins 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.
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