Why Is Car Insurance So Expensive in Colorado?
The average cost of car insurance in Colorado is $1,450, higher than the national average car insurance rate of $1,424 per year. Several factors contribute to the state’s slightly more expensive annual premium, including highway density, population, uninsured drivers and vehicle theft rate.
Updated: December 27, 2023
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.