Cheapest car insurance companies in Castle Rock
After an in-depth analysis, Insurance.com found that Geico and Southern Farm Bureau are the cheapest car insurance companies in Castle Rock for 2023.
Geico offers the cheapest car insurance premium for Castle Rock drivers at an annual rate of $1,327 a year, on average.
In Castle Rock, what you pay for car insurance depends on factors such as your location, driving history, coverage level, and the insurance carrier. Take time to compare price quotes from at least three insurers to get the best coverage at an affordable rate. The table below shows the car insurance companies with cheap insurance rates.
| Companies | Average annual rates |
|---|---|
| Geico | $1,327 |
| USAA | $1,452 |
| Southern Farm Bureau | $2,007 |
| State Farm | $2,096 |
| Kemper Insurance | $2,153 |
| Auto-Owners | $2,500 |
| Progressive | $2,929 |
| Allstate | $3,106 |
| Acuity Insurance | $3,652 |
| Farmers | $3,742 |
Cheapest car insurance cost in Castle Rock by Age Group
Southern Farm Bureau is the cheapest option for car insurance in Castle Rock for teen drivers, with average annual premiums at just $3,760 annually. Teenagers face high insurance costs due to inexperience and higher accident rates.
Getting lower rates isn't easy for young drivers, but they can take some steps to increase their chances of getting affordable insurance. Many insurance companies offer good student discounts to drivers who maintain a certain grade point average (GPA). Besides, teen drivers can lower premiums by staying on their parents' insurance.
Geico provides the cheapest car insurance coverage for young drivers in Castle Rock, with an annual premium of $1,914 on average.
An analysis of car insurance rates for Castle Rock drivers reveal a significant decrease in premiums for individuals in their 30s compared to those in their 20s. Geico offers the cheapest full-coverage car insurance rates at $1,312 per year.
Castle Rock senior drivers seeking affordable car insurance should look no further than Geico. It offers the cheapest car insurance rates for seniors, with an average annual premium of $1,374. It makes Geico a good choice for seniors who want to save money without sacrificing coverage.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Acuity Insurance | N/A | $5,325 | $3,622 | $3,330 |
| Southern Farm Bureau | $3,760 | $2,903 | $2,113 | $2,388 |
| Geico | $4,556 | $1,914 | $1,312 | $1,374 |
| USAA | $4,771 | $2,320 | $1,478 | $1,482 |
| Auto-Owners | $5,518 | $3,812 | $2,513 | $2,370 |
| State Farm | $5,622 | $3,343 | $2,099 | $1,956 |
| Kemper Insurance | $6,975 | $3,770 | $2,175 | $2,280 |
| Allstate | $7,421 | $4,295 | $3,137 | $2,856 |
| Farmers | $8,281 | $4,638 | $3,546 | $3,793 |
| Progressive | $9,402 | $4,904 | $2,951 | $2,837 |
Cheapest car insurance companies in Castle Rock by driver profile
Your driving profile plays an important role in determining your car insurance rates in Castle Rock. Those with past accidents, speeding tickets, or other traffic citations on their record can expect increased insurance rates compared to drivers with clean driving records.
It's important to compare insurance quotes from at least three carriers to find the cheapest insurance company in Castle Rock that suits your budget.
Here's a list of car insurance companies that offer cheap insurance rates in Castle Rock based on driver profile.
- Cheapest for a driver with poor credit: Geico
- Cheapest for a driver with a speeding ticket: USAA
- Cheapest for accident: State Farm
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Geico
The cheapest car insurance company for a driver with poor credit is Geico. It offers auto insurance for Castle Rock drivers at about $1,652 per year.
Drivers with poor or bad credit scores in Castle Rock can consider the following car insurance companies to get the affordable car insurance coverage.
| Company | Average annual rates |
|---|---|
| Geico | $1,652 |
| Nationwide | $2,036 |
| USAA | $2,520 |
| Progressive | $2,975 |
| State Farm | $3,241 |
| Allstate | $3,610 |
| Farmers | $3,985 |
Cheapest for drivers with a speeding ticket: USAA
Based on recent data analysis, 30-year-old drivers in Castle Rock with speeding tickets on their driving record can get the cheapest car insurance rates from USAA at an annual cost of $1,486.
Find the best car insurance company for your needs by comparing quotes from different carriers. Don't assume that the cheapest option for someone else will also be the cheapest for you. Take the time to shop around and get the coverage that best suits your needs.
| Company | Average annual premium |
|---|---|
| USAA | $1,486 |
| State Farm | $1,722 |
| Geico | $1,879 |
| Nationwide | $2,063 |
| Progressive | $2,227 |
| Allstate | $2,421 |
| Farmers | $3,212 |
Cheapest auto insurance after an at-fault accident: State Farm
Finding affordable car insurance rates after an at-fault accident isn't easy, but if you compare quotes, you might find a policy that fits your budget.
In a recent data analysis, Insurance.com found that State Farm offers the cheapest car insurance rates for Castle Rock drivers with at-fault accidents. It provides coverage at an average annual cost of $1,834.
| Company | Average annual rates |
|---|---|
| State Farm | $1,834 |
| USAA | $1,976 |
| Geico | $2,193 |
| Nationwide | $2,378 |
| Progressive | $2,812 |
| Allstate | $3,493 |
| Farmers | $3,729 |
Cheapest auto insurance after a DUI: State Farm
State Farm is the cheapest option for Castle Rock drivers seeking affordable auto insurance rates after a DUI conviction, at an annual rate of $1,722, on average.
A DUI conviction typically leads to a rise in your auto insurance costs. But if you shop around and compare quotes from various insurers, you can find a good deal on your insurance premiums.
| Company | Average annual rates |
|---|---|
| State Farm | $1,722 |
| Progressive | $2,468 |
| USAA | $2,778 |
| Geico | $2,914 |
| Nationwide | $3,345 |
| Allstate | $3,354 |
| Farmers | $3,842 |
Average car insurance cost in Castle Rock
In Castle Rock, the average annual cost for full coverage car insurance is around $2,496, which breaks down to approximately $208 per month. These rates are based on coverage levels of 100/300/100. On the other hand, the average yearly rate for state minimum coverage in Castle Rock is about $495.
Full coverage car insurance may cost more than the state minimum, but it offers valuable protection beyond just covering damage to other drivers' vehicles. Unlike state minimum, full coverage includes damage to your vehicle in addition to liability coverage.
You can potentially lower your full coverage premium by comparing quotes from different carriers. It allows you to find the best coverage at a competitive price.
| Average annual Rates | State minimum average |
|---|---|
| $2,496 | $495 |
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
