Car insurance companies charge more to insure drivers who are at a higher risk of filing a claim. The most common red flags for insurers are serious driving violations like reckless driving or a DUI, multiple tickets or accidents and even bad credit.
The average rate for high-risk car insurance in Colorado is $2,025. High-risk drivers in Colorado can expect to pay between $2,723 and $4,264 for car insurance depending on the reason for the rate increase.
The cheapest insurance in Colorado for high-risk drivers is, on average, State Farm, however, it will vary based on your exact situation.
If you’re a high-risk driver, finding cheap car insurance in Colorado will be more of a challenge. We’ve compared auto insurance rates for high-risk drivers from top companies to help you save.
Key takeaways
- The average cost of high-risk car insurance in Colorado is $2,025, but it varies depending on what’s on your record.
- The average car insurance rate for a driver with a DUI in Colorado is $1,753, while a driver with a reckless driving conviction pays $1,753 on average.
- Bad credit can also land you in the high-risk category, with an average rate of $1,919 in Colorado.
- Cheapest car insurance for high-risk drivers in Colorado
- Average rates for high-risk drivers in Colorado by driving record
- Cheapest car insurance with a DUI
- Cheapest car insurance with multiple tickets
- Cheapest car insurance with a reckless driving conviction
- Cheapest car insurance with bad credit
- Methodology
Cheapest car insurance for high-risk drivers in Colorado
Rates will vary depending on what’s on your driving record, but on average the cheapest car insurance company for high-risk drivers in Colorado is State Farm, followed by Nationwide and USAA.
| Company | Avg Annual Premium | Avg Monthly Premium |
|---|---|---|
| State Farm | $2,025 | $169 |
| Nationwide | $2,676 | $223 |
| USAA | $2,761 | $230 |
| Geico | $2,763 | $230 |
| Progressive | $3,088 | $257 |
| Allstate | $3,383 | $282 |
| Kemper Insurance | $3,918 | $326 |
| Farmers | $3,973 | $331 |
| American Family | $4,178 | $348 |
| Auto-Owners | $4,502 | $375 |
Average rates for high-risk drivers in Colorado by driving record
Average cost of car insurance in Colorado for high-risk driver
Select your state and risk factor below to see the insurance company and its
average annual full coverage rates.
| Company name | Average annual premium |
|---|
Cheapest car insurance with a DUI
A DUI will put you into the high-risk category quickly, and you can expect a big jump in your rates. Shopping around can make a big difference, however. The cheapest car insurance company in Colorado for a driver with a DUI is State Farm with an average annual of $1,753 a year.
| Company | Avg Annual Premium | Avg Monthly Premium |
|---|---|---|
| State Farm | $1,753 | $146 |
| Progressive | $2,231 | $186 |
| Geico | $2,655 | $221 |
| USAA | $2,682 | $223 |
| Nationwide | $2,717 | $226 |
| Allstate | $2,905 | $242 |
| Farmers | $3,345 | $279 |
| Auto-Owners | $3,737 | $311 |
| American Family | $3,781 | $315 |
| Kemper Insurance | $4,210 | $351 |
Cheapest car insurance with multiple tickets
While a single ticket doesn’t mean you’re high-risk, multiple tickets will worry insurance companies more, resulting in higher rates. In Colorado, the cheapest car insurance with multiple tickets is from State Farm. It offers full coverage insurance at $1,753 per year or $146 monthly.
| Company | Avg Annual Premium | Avg Monthly Premium |
|---|---|---|
| State Farm | $1,753 | $146 |
| USAA | $1,921 | $160 |
| Nationwide | $1,969 | $164 |
| Geico | $2,090 | $174 |
| Allstate | $2,549 | $212 |
| Kemper Insurance | $2,755 | $230 |
| Progressive | $2,793 | $233 |
| Farmers | $3,712 | $309 |
| Auto-Owners | $3,737 | $311 |
| American Family | $3,951 | $329 |
Cheapest car insurance with a reckless driving conviction
Reckless driving is a serious violation and indicates you drive in a very risky manner, which means higher insurance rates. In Colorado, State Farm offers the cheapest full coverage car insurance for drivers with a reckless driving conviction at $1,753 a year.
| Company | Avg Annual Premium | Avg Monthly Premium |
|---|---|---|
| State Farm | $1,753 | $146 |
| USAA | $2,007 | $167 |
| Geico | $2,500 | $208 |
| Progressive | $2,626 | $219 |
| Nationwide | $2,717 | $226 |
| Allstate | $2,905 | $242 |
| Farmers | $3,405 | $284 |
| Auto-Owners | $3,737 | $311 |
| Kemper Insurance | $4,210 | $351 |
| American Family | $4,302 | $358 |
Cheapest car insurance with bad credit
Although it’s not directly related to driving skills, people with poor credit are statistically more likely to file a claim. As a result, bad credit can put you in the high-risk category, but you can save by shopping around. The cheapest car insurance for drivers with bad credit in Colorado is Geico with an average annual cost of $1,919 or $160 per month.
| Company | Avg Annual Premium | Avg Monthly Premium |
|---|---|---|
| Geico | $1,919 | $160 |
| Nationwide | $2,021 | $168 |
| USAA | $2,867 | $239 |
| Kemper Insurance | $3,033 | $253 |
| State Farm | $3,267 | $272 |
| Progressive | $3,416 | $285 |
| Allstate | $3,733 | $311 |
| Farmers | $3,973 | $331 |
| Auto-Owners | $4,266 | $356 |
| American Family | $4,350 | $362 |
Methodology
Data is sourced from the Auto Problems Report 2022 for all states including Washington D.C. The rates are based on the driving profile of a 40-year-old male driver who drives a Honda Accord LX and opts for a full-coverage policy with coverage limits of 100/300/100 and a $500 comprehensive and collision deductible across most ZIP codes with 50,00,736 records from 27 companies.
