Your cheapest option for car insurance depends on your needs and driver profile. In Aurora, American National offers the lowest rates for minimum and full coverage, and is the least expensive with a driving violation, as a military member, young adult or senior. GEICO is preferable for drivers with bad credit or those with sports cars.
If you value service quality along with affordability, MoneyGeek also rounded up the best car insurance companies in Aurora.
Cheapest Car Insurance in Aurora, CO
Cheapest Minimum Coverage Car Insurance in Aurora
Aurora’s average cheapest car insurance companies for minimum coverage policies are:
- American National: $253 per year
- Colorado Farm Bureau: $361 per year
Farmers is the most expensive auto insurer in Aurora for minimum coverage, with a policy averaging $691 yearly.
American National also offers the cheapest car insurance in Colorado at roughly $230 per year, cheaper than the company’s rate for Aurora.
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Under Colorado state law, drivers must carry a car insurance policy that covers bodily injury liability and property damage liability with at least the following limits:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $15,000 property damage liability per accident
Liability-only insurance pays for damages to the other driver in the event of an accident. If you are at fault and have $25,000 per person in bodily injury liability and the cost to cover the other driver’s injuries is $45,000, your insurance provider will only cover $25,000, and you must pay the remaining.
Cheapest Full Coverage Car Insurance in Aurora
For a full coverage policy, the most affordable car insurance providers in Aurora, on average, are:
- American National: $579 per year
- GEICO: $774 per year
At an average cost of $1,372 per year, Acuity is the most expensive company for full coverage in Aurora.
American National also offers the least expensive full coverage car insurance in Colorado, costing roughly $586 per year. Compared to the company’s cost in Aurora, it is minimally more expensive.
Getting full coverage means adding comprehensive and collision coverage to your policy.
- Collision insurance: Your insurer covers the cost to repair or replace your vehicle if it gets damaged in a collision with another car or object.
- Comprehensive insurance: Your insurer covers the cost to repair or replace your car if it gets damaged in a non-accident event, such as vandalism, fire or theft.
A full coverage policy is ideal if you have a new vehicle that needs financial protection. However, paying hundreds of dollars more a year for additional coverage may not be worth it if your car is older or has a low value.
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Cheaper insurers could pocket you hundreds of dollars per year.
Cheapest Car Insurance in Aurora After a Driving Offense
Aurora drivers looking for full coverage after a driving violation may find the average cheapest rate from:
- Speeding ticket: American National ($681 per year)
- At-fault accident: American National ($791 per year)
- DUI: American National ($884 per year)
The highest rate is with Acuity after a speeding ticket, an at-fault accident or a DUI at roughly $3,075 per year.
A moving violation on your driving record can impact your premium, so even the cheapest rate will still be more expensive than what drivers with a clean record pay.
Car insurance may be higher depending on the severity of the driving violation. In Aurora, for example, drivers with a DUI may spend around $400 more for full coverage a year than those with a speeding ticket. Fortunately, there are ways to find affordable car insurance with a bad driving record.
Cheapest Car Insurance in Aurora for Teens and Their Families
For 16-year-old teen drivers on a full coverage family policy in Aurora, on average, the most affordable auto insurers are:
- Kemper: $2,140 per year for female teens; $1,488 per year for male teens
- GEICO: $2,142 per year for female teens; $2,260 per year for male teens
Farmers provides the highest average annual rate for families adding a male teen ($4,622) or a female teen ($4,352) to a policy.
Male teens tend to pay more for auto insurance than female teens because companies consider them riskier to insure. But in Aurora, Kemper charges significantly less for male teens than females, although GEICO is the opposite — females cost less than males.
It makes more sense to add a teen to a family policy than to buy a separate policy because car insurance rates for this age group are much more expensive. Plus, it is, in most cases, illegal for a teen under 18 to purchase auto insurance without a parent or guardian as a co-signer.
In Aurora, a 16-year-old male teen may pay about $3,923 more for an individual policy than a family policy. Compare rates to get the cheapest car insurance for teens.
Cheapest Car Insurance in Aurora for Military Drivers
In Aurora, the average cheapest car insurance companies for drivers with a military background are:
- American National: $579 per year
- USAA: $764 per year
These rates are for a full coverage policy. If you want minimum coverage, American National remains the most affordable company at roughly $253 per year, while USAA is the second cheapest at around $297 per year.
How to Compare Cheap Aurora Car Insurance Quotes Online
Obtaining a car insurance quote online in Aurora from a single company can take up to 15 minutes or more because you have to enter a lot of personal information. With MoneyGeek’s car insurance calculator, you can get a ballpark figure of your rate with multiple insurers based on just your age, coverage level, vehicle type and driving record.
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Cheapest Car Insurance in Aurora for Young Adults
The average cheapest car insurance for young adults in Aurora for full coverage is provided by:
- American National: $721 per year
- GEICO: $883 per year
Acuity is the most expensive auto insurer in Aurora for full coverage at approximately $1,923 per year.
How much you pay for car insurance may change as you age. For instance, 25-year-old drivers in Aurora pay around $317 more a year for full coverage than 40-year-old drivers because they are considered higher risk.
Cheapest Car Insurance in Aurora for Seniors
The following companies in Aurora offer, on average, the most affordable car insurance for seniors with full coverage:
- American National: $586 per year
- GEICO: $802 per year
A full coverage policy from Kemper in Aurora is the most expensive, at around $1,387 per year.
Car insurance for seniors is often more expensive than for middle-aged adults. However, in Aurora, 65-year-old drivers spend around $11 less a year for full coverage insurance than 40-year-old drivers.
Cheapest Car Insurance in Aurora for Poor Credit
Aurora’s average cheapest car insurance companies for drivers with bad credit looking for full coverage are:
- GEICO: $1,135 per year
- Allstate: $1,673 per year
The most expensive full coverage policy in Aurora with a poor credit score costs roughly $3,228 per year from Auto-Owners.
Your credit score or credit-based insurance score is one of many factors that may affect the cost of car insurance. Aurora drivers with bad credit tend to pay around $873 or 79% more a year for coverage than those with good credit.
Car insurance companies may think policyholders with poor credit are more likely to submit claims, so they charge a higher rate. If you have a poor credit-based insurance score, you may save on your car insurance costs by qualifying for discounts, bundling policies or comparing quotes from different insurers. You may also improve your credit score by making payments on time.
Cheapest Car Insurance in Aurora for Sports Cars
In Aurora, the average cheapest car insurance for drivers with sports car and full coverage is offered by:
- GEICO: $883 per year
- American Family: $981 per year
At about $1,506 per year, Nationwide has the most expensive full coverage auto insurance for a sports car in Aurora.
Depending on the location, car insurance rates for sports cars may be more expensive than those for a standard Toyota Camry. In Aurora, the difference is around $114 a year or 10%.
MoneyGeek used a Ford Mustang to represent a sports car, but pricing can vary by make and model. Also, be aware, luxury, electric and sports cars are often more expensive to insure.
Average Cost of Car Insurance in Aurora
The average cost of car insurance in Aurora is $1,103 per year. That is around $101 more expensive than the average cost of car insurance in Colorado and roughly $162 lower than the national average of $1,265 per year.
Your location may affect how much you pay for car insurance. For instance, Aurora has the second-highest average rate in Colorado of the cities MoneyGeek collected quotes for, around $246 more expensive than Fort Collins, the cheapest city.
These rates are for a full coverage policy with $100,000 bodily injury liability per person, $300,000 bodily injury liability per accident and $100,000 property damage liability per accident.
About Mark Fitzpatrick