On average, the cost of car insurance in Pueblo is $1,518 per year. This cost is higher than the state average of $1,450 by 4.7%. According to MoneyGeek, the cheapest widely available car insurance provider in the city is GEICO, with an average annual cost of $852. Drivers looking for a car insurance policy that combines quality and affordability can use the MoneyGeek scores obtained across different coverage levels and driving profiles to find the best coverage.
Compare the Cheapest Car Insurance Quotes in Pueblo
The Cheapest and Best Car Insurance in Pueblo
The Cheapest Car Insurance Companies in Pueblo
MoneyGeek compared various car insurance companies. We found that the cheapest car insurance companies, offering full coverage policies in Pueblo are:
- USAA: $705 per year (offered to current and former military members together with their families)
- GEICO: $852 per year
Obviously, different companies charge different rates for car insurance based on varying factors. For instance, if you purchase your policy from the best car insurance provider that’s widely available to the public, which is GEICO, you will pay $852 per year on average. However, if you get your policy from American Family, you will pay about three times this amount, at $2,435 per year.
To obtain the above scores, MoneyGeek used the average cost of a full coverage policy for a 40-year-old male driver. The policy has comprehensive and collision insurance coverage in addition to liability insurance which only protects against the cost of damages and third-party injuries.
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Average Cost of Car Insurance in Pueblo
According to MoneyGeek, the average cost of car insurance in Pueblo is slightly higher than the state and national average. Drivers in the city pay $1518 per year on average, which is 4.7% higher than the state average and 6.6% higher than the national average.
The Best Car Insurance Companies in Pueblo
MoneyGeek looked at various factors to rank the best car insurance companies in Pueblo including J.D.Power’s financial stability, affordability and user satisfaction scores. Based on the scoring system, the best and cheapest car insurance options in the city come from:
- State Farm: MoneyGeek score of 90 out of 100
- GEICO: MoneyGeek score of 90 out of 100
MoneyGeek analyzed these scores to ensure that you find the best provider in the city in terms of affordability and quality. USAA had the highest score, at 100 out of 100. However, it is limited to military members only.
Personalized Quotes to Get You the Cheapest Car Insurance in Pueblo
Several factors contribute to the cost of car insurance in Pueblo. They include your ZIP code, age, driving experience, gender and car model. By comparing personalized insurance quotes from different providers, you can easily land the best rates in the city. Make sure you do this regularly so that you do not miss out on discounts and other special offers.
Shopping around for car insurance in Pueblo could save you $666, which is enough to buy:
Cheapest Car Insurance in Pueblo by Coverage Amount
How much you pay for car insurance in Pueblo and elsewhere, depends on the amount of coverage you need. For instance, a liability-only policy costs an average of $792 per year while a full coverage policy costs almost double this amount, at about $726 higher.
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 the right coverage amount is essential when purchasing cheap car insurance in Pueblo. Car insurance providers charge different amounts for each coverage level.
A state minimum liability-only policy from GEICO for instance, costs an average of $344 per year. If you decide to purchase a 50/100/50 liability policy from the same company, you will pay an average of $431, which is $87 more.
A 50/100/50 full coverage policy covers you and your vehicle in case of an at-fault accident and costs only $267 more than the liability-only policy. While this offers more coverage limits, you may also add $154 to this amount to get the 100/300/100 policy with even higher limits.
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 Pueblo if You Have Driving Violations
If you have a traffic violation in Pueblo such as a speeding ticket, you are likely to pay more for your car insurance. Drivers with a clean record pay an average of $1,177 per year for a State Farm policy. A speeding ticket or DUI causes this amount to increase by $93 per year on average, while drivers with at-fault accidents pay $1,363 per year, which is $186 more than what clean drivers pay.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
The average cost of car insurance in Pueblo also varies depending on your ZIP code. If you stay in a neighborhood where accidents and theft rates are high, you are likely to pay more for your car insurance. Based on MoneyGeek’s scores, there is a difference of $85 between the cheapest and most expensive neighborhoods in Pueblo. ZIP code 81005 has an average annual car insurance rate of $1,476 per year, while ZIP code 81001, which is the most expensive, has a rate of $1,561 per year.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Pueblo
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Pueblo. How Pueblo 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 Pueblo 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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