Cheap Colorado car insurance for good drivers
Good drivers without recent auto claims and accidents pay less for their car insurance than other motorists. Colorado Farm Bureau Mutual and USAA have the best rates for good drivers in Colorado, among the companies analyzed by Forbes Advisor.
Being a good driver is an excellent reason to shop around for car insurance quotes and find the cheapest rate available. Also, ask about good driver-related discounts.
Cheap car insurance in Colorado for drivers with a speeding ticket
A speeding ticket increases auto insurance rates by over $600 in Colorado, on average. But you can still save by shopping around. That’s because the rate increase for a ticket varies significantly among insurance companies.
Colorado Farm Bureau has the best rates for drivers with a recent speeding ticket, with USAA coming second. USAA is available only for military members, veterans and their family members.
Cheap Colorado car insurance for drivers who caused an accident with injury
Causing an accident that results in an injury increases auto insurance rates by 50% in Colorado, on average, based on a Forbes Advisor analysis of large insurance companies in the state. Colorado Farm Bureau Mutual has the best rates for drivers after an accident.
Cheap Colorado car insurance for drivers with a DUI
Colorado Farm Bureau Mutual has the cheapest car insurance rates for drivers with a recent DUI, followed by State Farm. Those are both excellent places to start if you’re shopping around and have a DUI on your driving record.
Cheap Colorado car insurance for drivers with poor credit
Your driving record plays a part in what you spend for auto insurance, but so does your credit history.
The average insurance premium for someone in Colorado with poor credit is over $4,000 a year. However, Allied, a subsidiary of Nationwide, offers competitive rates, as does Nationwide and Travelers, based on the companies we analyzed.
Cheap Colorado car insurance for adding a teen driver
Adding a teen to your policy in Colorado can easily add thousands of dollars to your car insurance bill every year. American National, USAA and Nationwide are good places to get quotes if you’re looking for affordable car insurance for teens.
Make sure to ask about good student discounts to offset the added costs for car insurance, if your teen has a B average or better.
Cheap Colorado car insurance for young drivers ages 18 to 25
Young drivers pay more for car insurance than more experienced motorists. For example, 18-year-old males pay an average of about $8,000 a year in Colorado on their own policy, but that average drops to about $2,700 a year when they turn age 25. Car insurance rates decrease as you gain more experience and show years of good driving.
American National is the cheapest car insurer for young Colorado drivers, so that’s a good place to start when looking for a policy. If you’re in school, be sure to ask about student car insurance discounts if you maintain a B average or better.
Cheap Colorado car insurance for senior drivers ages 60-80
Senior drivers typically start to pay higher and higher rates starting in their late 60s. That’s because insurers view senior drivers as a bigger risk than middle-aged motorists. American National, Geico and USAA offer the best car insurance rates for seniors in Colorado, among the companies we analyzed.
