bestauto insuranceGreeleyCompare the Cheapest Car Insurance Quotes in Greeley, CO
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.
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Advertising & Editorial DisclosureLast Updated: 1/5/2023
Edited By |
Margarita Barresi
Written By |
Mark Fitzpatrick
In Greeley, GEICO offers the most affordable full coverage and state minimum car insurance premiums on average. The insurer also offers the cheapest insurance for drivers with a speeding ticket. If you have military credentials, USAA may be the best option in many instances. Based on balancing affordability with customer service, GEICO is the best insurance company in Greeley overall.
bestauto insuranceGreeleyThe Cheapest and Best Car Insurance in Greeley
The Cheapest Car Insurance Companies in Greeley
The insurers with the cheapest full coverage policies in Greeley are:
- GEICO: $659 per year
- Travelers: $819 per year
For military members and their families, USAA is the cheapest option at an average cost of $636 per year. With an annual premium of $1,858, MetLife offers the most expensive policy in the city that is nearly three times as expensive (or 182% more) than the same coverage from GEICO.
Full coverage policies typically include comprehensive and collision insurance on top of liability insurance.
Cheapest Car Insurance in Greeley
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$636
- 2.$659
- 3.$819
- 4.$905
- 5.$971
MoneyGeek’s methodology in this analysis is based on collecting full coverage policy average quotes from various car insurance companies in Greeley for a 40-year-old male driver.
A full coverage policy includes comprehensive and collision insurance that covers damage to your vehicle. These coverages are in addition to state minimum requirements and add to the yearly average cost of your insurance.
If your vehicle is leased or you’ve taken a loan to purchase it, you may be required to have both comprehensive and collision insurance.
- Comprehensive insurance: pays for damage to your car due to events other than collisions, such as theft and natural calamities
- Collision insurance: pays for damage when your vehicle collides with another car or a stationary object
For older cars, liability-only or state minimum insurance can help keep your yearly insurance costs low. In fact, your premiums for full coverage may add up to more than the replacement cost of your vehicle.
Compare Car Insurance Rates in Greeley
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Greeley for Minimum Coverage
A state minimum policy is the best option if you are looking for the cheapest insurance in Greeley. The insurers that offer the cheapest minimum coverage are:
- GEICO: $290 per year
- State Farm: $413 per year
Although USAA actually has the most affordable state minimum policy at $263 per year on average, it is only available to members of the military and their families. Progressive is the most expensive insurer in Greeley, with an average yearly premium for state minimum insurance of $1,199. That’s $909 more than GEICO charges for the same coverage.
Although state minimum policies are the cheapest, they may leave you at risk of high out-of-pocket expenses after an accident. That’s because they have low liability limits and do not include comprehensive and collision insurance.
You can increase the liability limits in your policy, although you’ll pay more in yearly premiums. Check the table below to know how much more you might pay for higher liability limits.
Cheapest Minimum Liability Car Insurance in Greeley
State Minimum
- CompanyState Minimumper year
- 1.$263
- 2.$290
- 3.$413
- 4.$503
- 5.$509
Vehicle owners in Colorado are required by state law to have a minimum liability of 25/50/15. Although state minimum insurance is far cheaper than full insurance, it can lead to significant out-of-pocket expenses in the event of an accident.
For example, if you cause an accident and the other driver incurs $35,000 in medical bills, under state minimum insurance, the insurer will pay up to $25,000. That means you could owe $10,000 yourself.
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 Greeley if You Have Driving Violations
Speeding tickets, at-fault accidents and DUIs typically lead to your insurance premiums going up. The cheapest car insurance in Greeley for drivers with violations on their driving records are:
- Cheapest after a ticket: GEICO, $828 per year
- Cheapest after an at-fault accident: State Farm, $1,050 per year
- Cheapest after a DUI: State Farm, $978 per year
USAA has the most affordable insurance for drivers in Greeley with a speeding ticket and those with an at-fault accident on their records; however, only veterans and current members of the military may apply for car insurance through USAA.
If you’ve got a bad driving record, you can possibly reduce your premiums over time by improving your history. In the meantime, you may be able to get the best cheap car insurance by getting quotes from as many car insurers in Greeley as possible.
Cheapest Car Insurance in Greeley With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$772
- 2.$828
- 3.$978
- 4.$1,038
- 5.$1,072
Average Cost of Car Insurance in Greeley
Greeley$1,156
Colorado$1,450
U.S.$1,424
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.
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.
Compare Car Insurance Rates in Greeley
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Greeley
MoneyGeek identified the top auto insurance companies in Greeley based on a comprehensive assessment of average rates, customer satisfaction and claims ratings. The following companies stood out from the rest and achieved the top two spots in our rankings:
- GEICO: MoneyGeek score of 91 out of 100
- State Farm: MoneyGeek score of 90 out of 100
We omitted USAA from our list of the best auto insurance providers in Greeley despite receiving a perfect score of 100 because it only serves military members and their families. USAA remains the best option for this population.
1
GEICO
Score:91
In addition to receiving great scores for claims and overall client satisfaction, GEICO has a perfect rating for financial stability. A 40-year-old Greeley driver can purchase a full coverage GEICO policy for $659 annually. Moreover, the insurer offers a mechanical breakdown add-on at a competitive price.
More About GEICO
Greeley drivers can choose from GEICO’s four distinctive add-on coverages. For example, mechanical breakdown insurance covers automobile parts and systems for less than the average dealer-offered extended warranty. GEICO also provides rental car reimbursement and roadside assistance coverage.
Read MoneyGeek's GEICO auto Insurance Review2
State Farm
Score:90
With a perfect rating for financial stability and user satisfaction, State Farm is the second-best car insurance company in Greeley. Greeley drivers can purchase a full coverage auto insurance policy from State Farm for $905. In addition, existing customers can supplement their standard auto insurance coverage with ridesharing insurance.
More About State Farm
Because it consistently achieves top ratings across all MoneyGeek evaluation criteria, State Farm is recognized as one of the best auto insurance companies in the Greeley area. The insurance company provides add-on coverages, such as roadside assistance, rental car reimbursement and ridesharing.
State Farm’s unique rideshare coverage ensures your personal auto insurance policy continues to cover you while you drive for a ridesharing company. It also helps bridge any gaps between your personal and commercial insurance policies.
Read MoneyGeek's State Farm auto Insurance Review3
Travelers
Score:85
4
Allstate
Score:76
5
American Family
Score:74
6
Nationwide
Score:74
7
Esurance
Score:62
8
Farmers
Score:54
9
MetLife
Score:35
10
Progressive
Score:24
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, whereas drivers in ZIP code 80631 pay roughly $1,170.
- Zip CodeState Minimumper year
- 80634$1,142
- 80631$1,170
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.
About the Author
sources
- Kaiser Family Foundation. "2019 Employer Health Benefits Survey." Accessed January 16, 2020.