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

In Greeley, Colorado, the cheapest car insurance varies: American National P&C is most affordable for minimum and full coverage, while families with teens save with Kemper.

Acuity stands out as the best for customer service, also earning the title for best overall — balancing price and service. Your ideal choice depends on personal preferences and coverage needs.

American National P&C offers the cheapest car insurance in Greeley.

• American National P&C: $240 per year
• Colorado Farm Bureau: $255 per year

By contrast, Farmers Union Insurance offers most expensive minimum coverage policy in Greeley with an annual premium of $731. This highlights the value of comparing car insurance rates to ensure you secure a financial advantage.

State Minimum Liability Requirements

In Colorado, every driver, whether you're cruising through Greeley or any other city, must adhere to state-mandated car insurance minimums. Here's what the law requires:

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

For example, if you have the minimum coverage and are at fault in an accident, your policy would cover up to $25,000 for each person injured, with a total limit of $50,000 per accident. Should the injured parties' expenses surpass these amounts, you'll be responsible for the excess costs out of pocket.

American National P&C is the cheapest option in Greeley, offering the cheapest full coverage car insurance.

• American National P&C: $640 per year
• Colorado Farm Bureau: $744 per year

Farmers Union Insurance offers the most expensive full coverage policy in Greeley at $1,684 annually, illustrating why it's beneficial to shop around. The $1,044 difference exemplifies the high cost of full coverage — which includes protections like comprehensive and collision insurance — compared with minimum coverage plans.

Do You Need Full Coverage in Colorado?

A full coverage policy in Greeley 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.

For the cheapest company for drivers with a poor driving record with full coverage in Greeley, the results vary based on the specific offense.

• Speeding ticket: American National P&C ($742 per year)
• At-fault Accident: American National P&C ($855 per year)
• DUI: Colorado Farm Bureau ($944 per year)

The annual rates suggest a difference of $202 between the cheapest company after a speeding ticket (American National P&C) and the cheapest after a DUI (Colorado Farm Bureau), highlighting how premiums can significantly increase with more serious violations. Farmers Union Insurance offers the most expensive rates for all three offenses.

Insurance rates tend to escalate in Greeley and across various cities, with the gravity of your driving violation being a key determinant. For instance, drivers with a DUI in Greeley can expect average annual rates of $2,654, while those with a speeding ticket face slightly lower costs, averaging $2,081 annually. Drivers with offenses should actively shop around for insurance quotes because comparison could lead to significant savings on premiums.

GEICO offers the most affordable full coverage car insurance for teens in Greeley. If you’re seeking cheapest car insurance for teens, the top two providers with the lowest annual premiums are:

• GEICO: $1,886 per year for female teens and $1,989 per year for male teens
• Kemper: $1,924 per year for female teens and $1,328 per year for male teens

These rates reflect the cost of insuring a combination of two parents and their teenage driver, showcasing the signifers for female teens underlines the importance of shopping around, especially with teens, who are statistically higher-risk dicant annual savings for families. Farmers is on the opposite end, with their policies being the priciest at $3,879 for female teens, emphasizing the importance of shopping around. The $1,955 difference for female teen drivers underlines the necessity of careful comparison, particularly when insuring higher-risk teen drivers.

In Greeley and comparable cities, teen drivers face significantly higher car insurance rates, often paying an average individual annual premium of $6,020. This is in contrast to the more economical $2,721 average annual premium when added to a family plan.

Insurers justify these elevated rates for individual teen policies due to the heightened risk inexperienced drivers pose. Moreover, teens seeking their own insurance may struggle to secure approval, given their limited driving history and financial independence.

American National P&C offers the most affordable full coverage car insurance for military backgrounds in Greeley.

• American National P&C: $640 per year
• Colorado Farm Bureau: $744 per year

Although USAA is not the cheapest option listed, with an annual premium of $814, this company specializes in serving active duty military members and their families, offering tailored services and support that is well-suited for their unique needs.

In Greeley, 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 best auto insurance is a decision influenced by the weight you give to elements such as service quality, cost efficiency, coverage options, and other personal preferences. MoneyGeek has applied distinct evaluation criteria to different categories to present the best car insurance options in Greeley for various needs:

• Best overall: Acuity (MoneyGeek score 87 out of 100)
• Best for service: Acuity (MoneyGeek score 96 out of 100)
• Best cheap: Acuity (MoneyGeek score 88 out of 100)

Acuity excels in Greeley for overall value, premier service and affordability, excelling across all three categories.

Acuity offers the best option for full coverage car insurance in Greeley, with a blend of customer satisfaction and coverage.

• Acuity: MoneyGeek score of 87 out of 100 ($1,160 per year)
• American National P&C: MoneyGeek score of 78 out of 100 ($640 per year)

Acuity distinguishes itself primarily through its high satisfaction and claims handling scores, ensuring policyholders experience quality customer interactions and reliable support in times of need.

Acuity is the best option in Greeley for car insurance focused on customer service. This evaluation is based on outstanding achievements in general satisfaction, claims processing and breadth of coverages, without taking rates into account.

• Acuity: MoneyGeek score of 96 out of 100 ($1,160 per year)
• American Family: MoneyGeek score of 76 out of 100 ($1,090 per year)

Acuity distinguishes itself at the apex of insurance service in Greeley, primarily due to its high satisfaction and claims handling scores. The company's investment in customer service excellence and robust coverage options has firmly established its top-tier status.

Acuity is the best option in Greeley for consumers seeking the best value in car insurance, balancing affordability with reliable claims handling and customer satisfaction.

• Acuity: MoneyGeek score of 88 out of 100 ($435 per year)
• American National P&C: MoneyGeek score of 80 out of 100 ($240 per year)

Acuity stands out with the highest MoneyGeek score, an indicator not only of its affordability but stellar customer satisfaction and claims service. This score is for a minimum coverage policy, showing that clients in Greeley do not have to compromise on quality even at lower price points.

In Greeley, Colorado, the average car insurance premium is $1,179. This figure is less than the average car insurance cost in Colorado, which stands at $1,345. Compared with the national average cost of car insurance, Colorado's rates are significantly lower, with the state average falling at $437 less than the national average of $1,781.

Car insurance rates are influenced by myriad factors. Geographic considerations are particularly influential due to variance in accident rates, theft statistics and local legislation, among other aspects. The city with the most expensive car insurance premium in Colorado is Denver at $1,142, which is substantially higher by $140 compared with the statewide average. Conversely, Fort Collins boasts the most affordable premium at just $857, showcasing a difference of $146 below the state average. In less urban areas with reduced traffic density, rates may be even cheaper.