American National offers Colorado's most affordable car insurance with monthly rates of $28 for minimum coverage and $73 for full coverage. Drivers save $55 monthly (52%) compared to state averages. Get quotes from GEICO, Farm Bureau, State Farm and California Casualty too.
Cheapest Car Insurance in Colorado
Updated: August 13, 2025
Advertising & Editorial Disclosure
Key Takeaways
The cheapest car insurance companies in Colorado are American National, GEICO and Farm Bureau, with American National offering rates up to 52% below the state average.
Car insurance costs in Colorado start at $25 monthly for minimum coverage and $35 monthly for full coverage policies.
To find affordable coverage, research costs from top companies, use available discounts and compare multiple provider quotes.
Who Has the Cheapest Car Insurance in Colorado?
| American National | $28 | $73 | -52% |
| Geico | $32 | $97 | -39% |
| Farm Bureau | $38 | $122 | -24% |
| State Farm | $49 | $150 | -6% |
| California Causality | $49 | $151 | -5% |
*These rates are for a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state.
LEARN MORE ABOUT THE BEST CHEAP CAR INSURANCE IN COLORADO
We've created additional guides below to help you in your search for the best and cheapest car insurance in Colorado:
Best Car Insurance Rates by Category in Colorado
American National stands out as the most affordable car insurance provider in Colorado, offering the lowest rates across all 10 driver categories we analyzed. Find your specific rates in the table:
| Young Drivers | American National | $64 |
| Adult Drivers | American National | $27 |
| Senior Drivers | American National | $44 |
| Drivers With An Accident | American National | $37 |
| Drivers With A DUI | American National | $42 |
| Drivers With A Speeding Ticket | American National | $33 |
| Drivers With Bad Credit | American National | $84 |
| Drivers With Low Income | American National | $39 |
| Drivers With Newer Cars | American National | $35 |
| Drivers With Old Cars | American National | $25 |
*Rates for the categories above are based on a profile of a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state. Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Compare the Cheapest Car Insurance in Colorado for You
The tables above show overall winners, but your cheapest option depends on your situation. For adult drivers with poor credit and an accident record who want 100/300/100 coverage with a $1,000 deductible, American National offers the lowest rates. Filter the table to match your exact situation:
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Gender:Female
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Coverage Level:100/300/100 Full Cov. w/$1,000 Ded.
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Credit Alignment:Below Fair
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Driving Record:At Fault Accident ($1000-$1999 Prop Dmg)
| American National | $194 | $2,328 | -49% |
| Farm Bureau | $247 | $2,961 | -35% |
| Auto Owners | $317 | $3,805 | -16% |
| Geico | $345 | $4,136 | -9% |
| Allstate | $356 | $4,274 | -6% |
*Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Cheapest Car Insurance in Colorado by City
Where you live in Colorado affects your insurance costs based on local crime, accidents and traffic density. American National charges as little as $32 in Agate but costs vary across cities. Here are the cheapest providers for every Colorado city:
Data filtered by:Results filtered by:
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City:Agate
| Agate | American National | $32 | -48% |
*The lowest rate referenced is for a minimum coverage policy for a 40-year-old with good credit and no driving violations.
How to Get the Cheapest Car Insurance in Colorado
Finding the most affordable insurance companies is just one part of getting the best car insurance rates in Colorado. Below are proven strategies to save the most on auto insurance.
- 1
Compare Multiple Insurance Providers
Get quotes from several insurance companies through different channels like independent agents, comparison websites and directly from providers. Your rates can vary significantly between companies, and each quoting method might offer different prices.
- 2
Determine Your Coverage Needs
Know what coverage you need before shopping to avoid paying for unnecessary add-ons while ensuring you have enough protection. The right coverage balances your budget with proper financial protection.
- 3
Consider Lower Coverage Amounts
Reducing your coverage level and raising deductibles can lower your premium costs. But first, evaluate your financial situation, driving habits and where you live to make sure you can handle higher out-of-pocket costs if needed.
- 4
Look for Discounts and Research Costs
Research average auto insurance costs for drivers like you to understand typical pricing. Check for discounts you qualify for and compare home and auto insurance bundle prices to maximize your savings.
- 5
Explore Insurance Alternatives
Look into pay-per-mile car insurance if you don't drive much, or try telematics programs that track driving habits for potential savings. Some car manufacturers also offer their own insurance programs with competitive rates.
- 6
Work on Your Risk Profile
Better credit scores and safe driving habits lead to lower insurance rates. Focus on improving these factors to reduce your costs over time.
- 7
Choose a Cost-Effective Vehicle
If you're buying a car, pick a cheaper car to insure to save money on coverage. Older, reliable vehicles typically cost less to repair and insure than newer or luxury models.
Risks of Getting the Cheapest Car Insurance in Colorado
Colorado requires drivers to carry liability insurance with minimum coverage of 25/50/15. This means you need $25,000 for injuries to one person, $50,000 total for injuries in one accident and $15,000 for property damage coverage. But minimum coverage leaves you exposed to major financial risks:
Vehicle damage if you're at fault won't be covered
Without collision coverage, you'll pay all repair costs if you cause an accident. In Colorado, average property damage claims hit $4,300 in 2023, according to the Insurance Information Institute. That money comes straight from your pocket with minimum coverage. Add collision coverage to protect against expensive repairs.
Weather risks make damage to your car more likely and aren't covered
Colorado gets hit with severe weather that damages cars regularly. Weather-related property damage averaged $3,200 per incident in 2023. Basic coverage won't pay for weather damage. Add comprehensive coverage to protect against severe storms, hail and flooding that frequently hit Colorado.
Bodily injury damage is more likely to exceed minimum limits
Colorado's minimum bodily injury coverage of $25,000 per person often isn't enough for serious accidents. Average bodily injury claims in Colorado reached $22,000 in 2023. With rising medical costs, consider increasing coverage to 50/100/50 for better financial protection against lawsuits.
Not having uninsured motorist coverage opens you up to unexpected costs
Colorado has a serious uninsured driver problem, with 16% of drivers lacking insurance according to the Insurance Information Institute. If an uninsured driver hits you, you'll face steep out-of-pocket costs without uninsured motorist coverage. Legal action against uninsured drivers rarely recovers damages. Add uninsured motorist coverage to protect yourself financially in these situations.
Vehicle theft damage is more likely and uncovered
Car theft is a real problem in Colorado, according to National Insurance Crime Bureau statistics. Without comprehensive coverage, you get nothing if your car's stolen or damaged during a theft. The average stolen car claim tops $9,000, so adding comprehensive coverage is worth it in high-risk areas.
Cheap Car Insurance in Colorado: Bottom Line
American National offers the lowest car insurance rates in Colorado for most drivers and coverage types, according to our analysis. While the cheapest option is tempting, don't make price your only factor. Get as much coverage as you can afford to protect your finances when accidents happen.
Cheap Car Insurance in Colorado: FAQ
Below, we answer common questions about Colorado car insurance to help you find affordable coverage.
What are the cheapest car insurance companies in Colorado?
American National provides the most affordable car insurance in Colorado, with average annual rates of $336 for minimum coverage and $876 for full coverage. GEICO, Farm Bureau, State Farm and California Casualty also offer competitive rates.
Who has the cheapest car insurance rates for young drivers in Colorado?
American National provides the most affordable rates for young drivers in Colorado, with monthly premiums starting at $64 for minimum coverage.
Who offers the cheapest car insurance rates for seniors in Colorado?
Senior drivers in Colorado can find the most competitive rates with American National, offering policies for those 65 and older at an average of $44 per month for minimum coverage.
Who has the cheapest car insurance in Colorado for bad credit?
American National provides the most affordable rates for bad-credit drivers in Colorado, with monthly premiums averaging $84 for minimum coverage.
Who has the cheapest car insurance in Colorado with an accident?
American National offers the most affordable car insurance rates for Colorado drivers with an accident history, starting at $37 per month for minimum coverage.
Who has the cheapest car insurance in Colorado with a DUI?
American National provides the cheapest car insurance after a DUI in Colorado, with rates of $42 monthly for minimum coverage and $102 monthly for full coverage.
Who has the cheapest car insurance in Colorado for those with a speeding ticket?
Colorado drivers with a speeding ticket can find the lowest insurance rates with American National, charging $33 monthly for minimum coverage and $83 for full coverage.
Should you buy the cheapest car insurance in Colorado?
Buying the cheapest insurance saves money upfront, but you need enough coverage to protect against major losses. American National balances low prices with solid coverage options in Colorado.
How We Found the Most Affordable Car Insurance in Colorado
MoneyGeek collected auto insurance data from the Colorado Department of Insurance and Quadrant Information Services. We analyzed quotes from 12 major insurers and reviewed more than 200 million rate comparisons across every residential ZIP code in Colorado.
Colorado Driver Profile
Our analysis started with a standard driver profile to find the cheapest rates:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
- Good credit
- Valid license
- Currently insured
- No claims history
We adjusted this sample profile, as specified, to find the cheapest option for various driver backgrounds.
Standard Coverage Levels in Colorado
We compared car insurance companies in Colorado that offer minimum and full coverage policies. We set the limits of the minimum coverage car insurance policy to the minimum amount required by law in Colorado.
The minimum coverage liability limits in Colorado are:
- $50,000 per person for bodily injury
- $100,000 per accident for bodily injury
- $50,000 per accident for property damage
For full coverage policy rates, we used the following liability limits:
- $100,000 for bodily injury liability per person
- $300,000 for bodily injury liability per accident
- $100,000 for property damage liability
- Comprehensive and collision coverage with a $1,000 deductible
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Insurance Information Institute . "Facts + Statistics: Auto Insurance ." Accessed August 15, 2025.
- Insurance Information Institute . "Facts + Statistics: Uninsured Motorists ." Accessed August 15, 2025.
- National Centers for Environmental Information . "Climate at a Glance: Statewide Time Series ." Accessed August 15, 2025.
- National Insurance Crime Bureau . "Vehicle Thefts Surge Nationwide in 2023." Accessed August 15, 2025.