Greeley drivers pay an average of $1,156 per year for car insurance, which is 20.3% less than the Colorado state average. The cheapest and most widely available insurer in the state is GEICO, with rates averaging $659 annually. MoneyGeek examined the cheapest insurance by coverage amount and driving history. For drivers concerned with quality as well, we also analyzed the best car insurance in Greeley.
Compare the Cheapest Car Insurance Quotes in Greeley
The Cheapest and Best Car Insurance in Greeley
The Cheapest Car Insurance Companies in Greeley
On average, MoneyGeek found that the car insurance companies in Greeley that offer the cheapest prices include:
- USAA: $636 per year (available only for current and former military and their family members)
- GEICO: $659 per year
MetLife is the most expensive option, costing $1,858 per year on average. Compared to the most expensive option in the city, USAA is 192.1% less while GEICO is $181.9% less.
This is why when it comes to looking for cheap car insurance, Greeley drivers should compare quotes. That said, keep in mind that the best option for car insurance might not be the most affordable provider.
MoneyGeek gathered prices based on a full coverage policy with liability insurance and comprehensive and collision coverage, which protects third parties and the vehicle, for a 40-year-old male driver.
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Average Cost of Car Insurance in Greeley
Auto insurance is a legal requirement in most states, but the rates can vary based on location, along with several other factors. The average car insurance rates in Greeley stand at $1,156 per year. This is 20.3% less than Colorado’s average car insurance rates. Greeley drivers also pay 18.8% less than the rest of the nation.
The Best Car Insurance Companies in Greeley
For drivers who want quality service at affordable rates, MoneyGeek examined the best car insurance companies in Greeley.
- State Farm: MoneyGeek score of 90 out of 100
- GEICO: MoneyGeek score of 90 out of 100
Note that USAA actually ranked first, scoring 100 out of 100, but they are only available for current and former military members as well as their families.
Insurers in Greeley were ranked based on MoneyGeek’s criteria, which examined J.D. Power user satisfaction, affordability and financial stability.
Personalized Quotes to Get You the Cheapest Car Insurance in Greeley
Drivers should compare car insurance quotes in Greeley before purchasing a policy. Rates are impacted by numerous factors, such as marital status, gender, age, car make and model and driving history. Some individuals may even qualify to get discounts, rebates or other savings based on their circumstances, so it pays to compare rates regularly.
Shopping around for car insurance in Greeley could save you $497, which is enough to buy:
Cheapest Car Insurance in Greeley by Coverage Amount
A policy’s coverage limits are one of the biggest factors that can affect the rates. Policies in Greeley that meet Colorado’s minimum requirements for auto insurance cost an average of $634 per year. Conversely, full coverage policies with higher liability limits cost $1,156 per year on average. This difference of $522 means more protection, which could be a worthwhile cost for drivers to stay safe.
Colorado Minimum Liability Requirements
- 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.
Getting affordable car insurance is the goal for many drivers, but the appropriate coverage is just as important. For instance, a state minimum liability-only policy costs $290 at GEICO, but their full coverage policy costs around $557. This is a difference of $267.
A liability-only policy only meets state minimums, which varies across states. On the other hand, a full coverage policy with a 50/100/50 limit and comprehensive and collision insurance gives drivers $100,000 in coverage for all persons in an accident, with a $50,000 limit per person along with $50,000 in property damage.
For drivers who prefer a liability-only policy with better coverage, they can opt for a 50/100/50 policy at an average rate of $350, or $83 more than the state minimum. Or, for drivers who want a full coverage policy with 100/300/100 limits, they can expect to pay an average rate of $659 per year, which is $102 more than the 50/100/50 policy price.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Greeley if You Have Driving Violations
A driver’s record can greatly affect their premiums. For instance, a Greeley driver with a clean record who is insured by State Farm will pay an average of $905 per year. On the other hand, those with one to two violations, such as speeding tickets or a DUI on their record, may pay $73 more, while those who caused an accident may pay $145 more.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
The price of car insurance in Colorado can change based on a number of factors. Aside from coverage limits and driving records, a driver’s ZIP code also makes a slight difference. This is because a location may be more accident-prone or has more car thefts. In Greeley, however, car insurance is not as affected by one’s postal code. The highest difference is only $28. Drivers living in ZIP code 80634 pay an average of $1,142, while drivers in ZIP code 80631 pay roughly $1,170.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Greeley
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 Greeley. How Greeley 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 Greeley 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.
About the Author
- Kaiser Family Foundation. "2019 Employer Health Benefits Survey." Accessed January 16, 2020.