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If you're looking for the best and cheapest car insurance in Denver, then you're in luck. Our team of experts at Insurance.com has analyzed major auto insurance carriers across Denver and prepared this guide for you.

The average cost of auto insurance in Denver for full coverage is $2,052 per year for the profile of a 30-year-old driver. However, your rates will vary depending on your driving record, age, and the amount of coverage you purchase.

The following guide will help you find the best car insurance companies in Denver. It also includes information on carriers with high customer satisfaction rates, as well as their respective insurance premium for your specific needs and situation.

Cheapest car insurance companies in Denver

According to a study by Insurance.com, the cheapest car insurance companies in Denver for 2023 are Geico and USAA.

Geico is the cheapest option for most Denver drivers, with an average annual rate of $1,174.

Car insurance cost may vary in Denver based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Denver

CompaniesAverage Annual Rates
Geico$1,174
USAA$1,324
Nationwide$1,593
State Farm$1,742
Progressive$1,900
Kemper Insurance$1,950
Allstate$2,342
Auto-Owners$2,343
Farmers$2,493
American Family$3,662

Cheapest car insurance cost in Denver by Age Group

The cheapest auto insurance company in Denver for teen drivers is Geico. For full coverage, its average annual rate for Denver drivers is $4,416. Insurance companies put teenagers in the category of high-risk drivers, and as a result they are charged higher rates for insurance.

However, teen drivers can keep their insurance rates low by taking advantage of the good student discount or by staying on your parents' car insurance policy for as long as possible.

Geico is the cheapest car insurance company for young adults. It offers full coverage auto insurance for young drivers in Denver at about $1,728 per year.

You'll find that car insurance rates are much lower by the time drivers reach their 30s than they are for drivers in their 20s. The cheapest auto insurance company for adult drivers in Denver is the Geico. Its average rate for a full coverage car insurance policy is $1,183 per year.

If you are a senior driver in Denver and looking for a cheap car insurance company, then consider buying insurance from the Geico. It is the cheapest auto insurance company for senior drivers with an average premium of $1,304 per year.

CompaniesAdultsSeniorsTeensYoung Adults
Allstate$2,329$2,195$7,463$3,230
American Family$3,716$3,480$6,921$4,841
Auto-Owners$2,408$2,388$7,056$4,135
Farmers$2,481$2,638$12,630$3,507
Geico$1,183$1,304$4,416$1,728
Kemper Insurance$2,000$2,328$8,308$3,937
Nationwide$1,637$1,541$6,225$2,935
Progressive$1,952$1,990$10,128$3,373
State Farm$1,796$1,655$5,454$3,093
USAA$1,369$1,391$4,792$2,203

Cheapest car insurance companies in Denver by driver profile

Car insurance rates in Denver vary by driver profile. Drivers with a history of accidents or tickets on their record will likely pay more for car insurance than those without any driving violations.

To find the cheapest car insurance company in Denver, it's important to compare auto insurance rates from multiple providers. This way, you can find the best deal that meets your needs and budget.

Here are some of the cheapest car insurance companies in Denver based on driver profile.

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 Denver drivers at about $1,615 per year.

Below is a list of carriers that offer car insurance at an affordable rate for drivers with poor or less-than-perfect credit score.

CompaniesAverage Annual Rates
Geico$1,615
Nationwide$1,914
USAA$2,732
Kemper$3,003
State Farm$3,130
Progressive$3,137
Allstate$3,835
Auto-Owners$4,149
Farmers$4,293
American Family$4,478

Cheapest for drivers with a speeding ticket: USAA

USAA offers the cheapest auto insurance rates for drivers with a speeding ticket in Denver. It offers full coverage car insurance for drivers age 30 at about $1,540 per year.

Remember that the cheapest car insurance company for you may not be the cheapest company for someone else. Ensure you compare car insurance quotes from various carriers to secure the most favorable deal. This way, you can find the insurance company that offers the best rates and coverage for your specific needs.

CompaniesAverage Annual Rates
USAA$1,540
Nationwide$1,607
State Farm$1,698
Geico$1,769
Progressive$2,260
Auto-Owners$2,410
Kemper$2,479
Allstate$2,524
Farmers$3,343
American Family$3,861

Cheapest auto insurance after an at-fault accident: USAA

USAA is the cheapest auto insurance provider for drivers with a history of accidents. Its average annual rate for a driver with an at-fault accident in Denver is $1,816. If you've had an accident in the past, it's important to find a provider that offers rates that are affordable and won't hurt your pocket.

CompaniesAverage Annual Rates
USAA$1,816
State Farm$1,822
Geico$1,939
Nationwide$2,029
Kemper$2,561
Progressive$2,689
Auto-Owners$3,111
Allstate$3,456
American Family$3,458
Farmers$3,676

Cheapest auto insurance after a DUI: State Farm

State Farm is the carrier that offers cheap auto insurance rates in Denver for drivers after a DUI. Its average annual rate for full coverage is $1,698.

If you are convicted of a DUI, your auto insurance rates are likely to go up. To obtain the best possible offer, it is essential to compare car insurance quotes from multiple carriers.

CompaniesAverage Annual Rates
State Farm$1,698
Progressive$2,059
Geico$2,376
Nationwide$2,579
USAA$2,597
Allstate$3,005
Farmers$3,574
Auto-Owners$3,704
American Family$3,861
Kemper$4,141

Average car insurance cost in Denver

The average car insurance rate in Denver for full coverage is $2,052 per year or $171 a month. These rates are for coverage level of 100/300/100. Whereas the average rate for state minimum coverage in Denver is $555 per year.

You pay more for full coverage insurance than the state minimum, but it covers damage to your car besides providing coverage for other driver's vehicle. To lower your premium, consider comparing quotes from different companies.

Average Annual RatesState Minimum Average
$2,052$555

Methodology

Insurance.com commissioned 2022 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 2022.

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. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.

Compare auto insurance rates by city in Colorado

Colorado Springs
$2,013/year
Englewood
$1,967/year
Lone Tree
$1,825/year
Sterling
$1,802/year
Vail
$1,631/year

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