Best car insurance companies in Colorado

Geico is the best car insurance company in Colorado, based on a 2024 analysis by, with an overall rating of 3.98. 

Below is a full list of the top Colorado insurance companies based on price, NAIC complaint ratio and AM Best financial ratings. The total score is calculated out of five using these factors.

Best car insurance in Colorado
CompanyAM BestAvg. Annual PremiumJD score
State FarmA++$1,9507830.73.86
Kemper InsuranceA-$1,8787362.162.26

Data refreshed as of Apr 2024
Read our full methodology

Cheapest car insurance companies in Colorado

We have gathered price quotes from all the major insurance providers in Colorado and put together a list of the cheapest car insurance companies. Based on our rate data, Geico offers the cheapest full coverage car insurance in Colorado with average rates of $1,445 annually or $120 a month.

Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates

Cheapest car insurance in Colorado
Company State minimum liability50/100/50 liability100/300/100 liability with $500  deductible
Southern Farm Bureau$228$441$1,780
Kemper Insurance$400$593$1,878
State Farm$387$538$1,950
Acuity Insurance$582$781$3,769

Data refreshed as of Apr 2024
Read our full methodology

Average cost of car insurance in Colorado

The average car insurance rate in Colorado is $2,337 a year for a full coverage policy with a coverage level of 100/300/100, according to a rate analysis by For the state minimum coverage, the average annual cost in Colorado is $437.

*USAA is only available to military members and their families

Auto insurance calculator

Average auto insurance rates in Colorado
16 17 18 19 20 21 22 23 24 25 30 35 40 45 50 55 60 65 70 75
Male Female
80111 - Cherry Creek
For a 30-year-old male
$47 State minimum
$210 Full coverage
$73 Liability only

Most & least expensive ZIP codes for auto insurance in Colorado

Most Expensive

Zip CodeCityHighest Rate
80862Wild Horse$235

Least Expensive

Zip CodeCityLowest Rate
81505Grand Junction$164

Minimum car insurance requirements in Colorado

In Colorado, you need a minimum of 25/50/25 liability car insurance coverage. Ohio’s state minimum liability insurance costs an average of $831 annually or $69 monthly.

Cheapest car insurance companies for minimum liability coverage in Colorado

According to data, Geico provides the cheapest state minimum liability insurance, averaging $222 annually or $19 monthly. 

Below is the list of Colorado's most affordable car insurance companies with their state minimum coverage rates.

State minimum auto insurance coverage in Colorado, CO
Company Liability insurance premiumMonthly liability insurance premium
Southern Farm Bureau$228$19
State Farm$387$32
Kemper Insurance$397$33
Acuity Insurance$582$48

*USAA offers coverage only to military veterans and their family

Data refreshed as of Apr 2024
Read our full methodology

Cheapest car insurance cost in Colorado by age

In Colorado, as in all states, car insurance rates are higher for teenagers as they are more prone to accidents due to their lack of experience on the road. 

Southern Farm Bureau offers the cheapest car insurance for teen drivers in Colorado for $3,282 per year for full coverage car insurance. 

Car insurance rates will decrease as teens get older and maintain a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults. 

Geico is the cheapest company for adults and seniors in Colorado for full coverage, with an average annual rate of $1,425 a year and $1,430 a year, respectively.

Cheapest car insurance in Colorado by age
Age Company Avg annual premium 
Teens (16-19)Southern Farm Bureau$3,282
Teens (16-19)Geico$4,796
Teens (16-19)USAA*$5,025
Teens (16-19)State Farm$5,113
Teens (16-19)Auto-Owners$6,292
Teens (16-19)Kemper Insurance$6,349
Teens (16-19)Allstate$6,567
Teens (16-19)Farmers$8,525
Teens (16-19)Progressive$10,146
Young Adults (20-24)Geico$2,089
Young Adults (20-24)USAA*$2,488
Young Adults (20-24)Southern Farm Bureau$2,549
Young Adults (20-24)State Farm$3,080
Young Adults (20-24)Kemper Insurance$3,365
Young Adults (20-24)Allstate$3,834
Young Adults (20-24)Auto-Owners$4,306
Young Adults (20-24)Farmers$4,480
Young Adults (20-24)Progressive$4,704
Young Adults (20-24)Acuity Insurance$5,339
Adults (25-60)Geico$1,425
Adults (25-60)USAA*$1,585
Adults (25-60)Southern Farm Bureau$1,869
Adults (25-60)Kemper Insurance$1,900
Adults (25-60)State Farm$1,951
Adults (25-60)Allstate$2,813
Adults (25-60)Progressive$2,818
Adults (25-60)Auto-Owners$2,870
Adults (25-60)Farmers$3,497
Adults (25-60)Acuity Insurance$3,754
Seniors (65-75)Geico$1,430
Seniors (65-75)USAA*$1,563
Seniors (65-75)State Farm$1,802
Seniors (65-75)Kemper Insurance$2,023
Seniors (65-75)Southern Farm Bureau$2,086
Seniors (65-75)Allstate$2,624
Seniors (65-75)Auto-Owners$2,682
Seniors (65-75)Progressive$2,707
Seniors (65-75)Acuity Insurance$3,540
Seniors (65-75)Farmers$3,575

*USAA is available only to military members and their families

Data refreshed as of Apr 2024
Read our full methodology

Cheapest car insurance companies in Colorado by driver profile

Accidents and tickets can negatively affect car insurance rates. Drivers who have accidents or tickets are considered a higher risk and will pay more.

The severity and frequency of the incidents will also play a role in the cost of insurance. For instance, drivers with a single minor accident may see a smaller increase in their rates compared to those with multiple major accidents.

Below are average Colorado rates by company for drivers with accidents and tickets on their driving record.

Cheapest auto insurance in Colorado for drivers with tickets and accidents
CompanyClean record Accident Speeding Ticket
State Farm$1,633$1,873$1,753
Kemper Insurance$1,916$2,823$2,633
American Family$3,348$4,012$3,774

*USAA is available only to military members and their families

Data refreshed as of Apr 2024
Read our full methodology

Compare auto insurance rates by city in Colorado

Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Colorado.

CityAnnual insurance premium
Castle Rock
Colorado Springs
$2,366 commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.

The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets: 


  • 1 at-fault property damage accident over $2k
  • 1 at-fault property damage accident under $2k
  • At-fault bodily injury accident 
  • Single vehicle accident 


  • Distracted driving ticket
  • Speeding ticket 1- 10 MPH over limit 
  • Speeding ticket 11- 29 MPH over limit 
  • Talking on cellphone ticket 
  • Texting ticket analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.

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