As we work together to slow the spread of COVID-19, state insurance commissions and insurance providers are constantly changing regulations and practices surrounding monthly payments, claim payouts, and more. To stay up to date with the latest on auto insurance reimbursements in your area, be sure to check with your state’s insurance commission and your current auto insurance provider.
If your driving habits have changed due to COVID-19, find a new, cheaper, ready-to-buy auto insurance policy on Insurify by comparing dozens of quotes at once.
Colorado Auto Insurance and COVID-19
Colorado has issued requests to insurance companies to credit a portion of premiums to policyholders for reduced driving habits due to stay-at-home orders.
Find the lowest car insurance rates in two minutes
From the tallest sand dune in North America to the highest paved road, Colorado treats drivers to some pretty fantastic views.
The key to good sightseeing is finding a great vantage point—which usually means climbing quite high. If your insurance bill has recently spiked, or, if you’re just curious to see what kind of money you could be saving, we’ve done a little shopping for you. Read on for some of the cheapest quotes, most interesting discounts, and best oh-by-the-way tips for Colorado drivers.
No matter your driving history or personal background, find the best and cheapest car insurance quotes in Colorado here.
Cheapest Car Insurance Quotes in Colorado
Here are the cheapest insurance companies in Colorado for the following user profile: a single, 30-year-old male with a clean driving record who drives a 2012 Honda Accord and pays a $1,000 deductible for the state’s minimum liability insurance. We averaged rates for the twenty most populous cities in Colorado.
Best Car Insurance Quotes in Colorado
The Insurify Composite Score is calculated by analyzing multiple factors that indicate the quality, reliability, and health of an insurance company. Inputs to the score include financial strength ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys; mobile app reviews; and user-generated company reviews. The following are the top-rated companies that offer car insurance in Colorado. For the complete list, see Insurify’s best car insurance companies.
Most Popular Car Insurance Companies in Colorado
Rodeos are quite popular in Colorado (in case you didn’t know). Maybe this isn’t your first rodeo—or perhaps you are new at this business of rounding up multiple car insurance quotes online. That’s why we’ve put together a list of the most popular insurance companies in the state. Popularity, in this case, isn’t being crowned rodeo queen, but the providers who generate the most business across the Centennial State.
According to the Insurance Information Institute (III), these are the most popular car insurance companies in Colorado by market share:
- State Farm
Cheapest Car Insurance Quotes in Colorado by City
No two cities are created equal, and insurance companies will weigh each location differently when assessing a potential policyholder’s risk profile. Take a look at how the same driver can get slightly different auto insurance quotes in each of the five most populated cities in Colorado:
|Colorado Springs||State Farm||$106/month|
|Fort Collins||State Farm||$90/month|
Cheapest Car Insurance Quotes in Colorado by Profile
Here are the cheapest insurance companies in Colorado based on averaged sample rates for four driver profiles that included varied gender, age, driving history, credit, marital status, prior insurance, higher education, employment, and military service
Cheap Car Insurance Quotes for Young Drivers Under 40
Cheap rodeo seats are gonna have you up in the bleachers and away from the action. But cheap can be good…as in cheap insurance quotes. Spend less, get more for your insurance? That’s the ticket!
Insurance Company Quotes
Auto Owners $36/month
National Farmers Union P&C $41/month
Cheap Car Insurance Quotes for High-Risk Drivers
Not having a great record doesn’t negate you from getting in on some good rates. Risky road behavior means DUIs, speeding tickets, and at-fault accidents, among other things.
Cheap Car Insurance Quotes for Drivers with DUI
No one has to tell you twice how damaging a DUI can be to your driving record and car insurance rates. Shopping around may help you recover money lost to fines and reinstatement fees. More importantly, you may be able to get your monthly bill cut to as low as $31 a month. Here are the best rates we could find in Colorado for drivers with DUIs:
|Colorado State Farm Bureau Mutual||$49/month|
Cheap Car Insurance for Drivers with Speeding Tickets
A need for speed often translates into skyrocketing insurance rates. If you’re in that kind of jam, you can still find Colorado rates under $40 a month from Acuity, USAA (for servicemembers and military families), and Grange.
Cheap Car Insurance for Drivers with At-Fault Accidents
Colorado is an at-fault state. This means you’ll be footing the entire bill yourself if you are found to be at fault in an accident (no-fault states divide the cost between both party’s insurers). If you’ve already had an at-fault accident, this isn’t news to you and you are likely facing a rising monthly insurance premium. Try Acuity, USAA, or Grange for a fairer deal on your month-to-month rates.
Insurance Company Quotes
Colorado State Insurance Laws
State Minimum Car Insurance Coverage in Colorado
Every state requires that you purchase a set amount of insurance in order to drive legally. The state minimum coverage for Colorado does include bodily injury liability and property damage liability insurance…and you can check those minimums below. Colorado does not require uninsured or underinsured motorist coverage.
- Bodily injury liability (BI): $25,000 per person, $50,000 per accident
- Property damage liability (PD): $15,000 per occurrence
- Uninsured/Underinsured motorist (UM/UIM): Not required, BUT know that 13 percent of drivers in Colorado either don’t have insurance or don’t have enough. You can protect yourself against that statistic by purchasing coverage or purchasing a combination of collision and comprehensive coverage. If you decide against UM/UIM coverage, you must sign a special form with your insurance provider.
Distracted Driving Laws in Colorado
Adults and minors under the age of 18 must comply with different sets of rules under Colorado’s distracted driving laws:
- Adults can use a hands-free device while driving but are prohibited from manual entry of information (like web searches or texting).
- Minors are completely prohibited from any form of cell phone use while driving until they reach the age of 18.
- Penalties are as follows:
- Minors: Initial violation is one point and a $50 fine. A subsequent violation is one point and $100 fine.
- Adults: Initial violation is four points and a $300 fine. A subsequent violation is four points and up to one year in prison, $1,000 fine, or both.
Registering a Vehicle in Colorado
In order to register an out-of-state vehicle in Colorado, you must:
- Convert the out-of-state title to a Colorado title using form DR 2698 Verification of Vehicle Identification Number.
- The form must be completed by a Colorado law enforcement officer, a licensed Colorado motor vehicle dealer, or a licensed Colorado emissions testing station.
- The Colorado Certificate of Title will be processed and mailed by the State Title Section. Expect 4-6 weeks for delivery to the owner or lienholder.
Obtaining a Driver’s License in Colorado
If you are new to Colorado, the Colorado Division of Motor Vehicles does an excellent job online of pointing you in the right direction with this New to Colorado link. This link provides you with:
- Requirements for residency
- How to begin your driver’s license application online.
- Documents you need to acquire a driver’s license
- Rules about permitted drivers transferring into the state
- Colorado is REAL ID compliant
Colorado Auto Insurance FAQs
Is Colorado a no-fault insurance state?
No. Colorado is an at-fault state, which means the person who is “at fault” is responsible for paying the entire amount of damages and medical expenses. Under a no-fault insurance system, the insurance provider pays regardless of fault, up to a specific limit.
Can I drive legally in Colorado if I am undocumented?
To date, Colorado does not provide driver’s licenses to anyone without proper identification.
Does Colorado require uninsured motorist (UM) or underinsured motorist (UIM) coverage?
No, Colorado does not require you to purchase uninsured motorist coverage. Remember, however, that being in an accident with an at-fault uninsured driver could mean money out of your pocket for medical expenses and other damages. If you do decline this kind of coverage, you must do so in writing.
Colorado Driving Facts
- Colorado requires emissions testing for vehicles older than 7 model years. Air Care Colorado provides more information on emissions testing including testing locations and wait times. According to the site, the least busy times for emissions testing locations are Saturdays, early mornings, and during the middle two weeks of the month. Air Care Colorado also provides locations for repair if your vehicle does not pass inspection and a very easy-to-follow “How it Works” section describing the inspection process, types of tests, inspection reports, and test history lookup.
- As part of their efforts to curb distracted driving, Colorado’s Department of Transportation website allows you to generate a personalized auto-response for the “Do Not Disturb” feature on your phone. You can select from categories like Dog Lover, Game of Thrones Mega-Fan, and Ski Bum. For example, selecting “Dog Lover” returns:
My dog is my co-pilot, but he can’t read messages for me, so I have notifications turned off while I drive. Gotta focus on the road to keep me and Fido Safe! Will reply ASAP!
- Colorado has two levels of alcohol-related driving offenses:
- 1. Driving Under the Influence of Alcohol or Drugs, and
- 2. Driving While Ability is Impaired.
The legal limit blood alcohol content (BAC) for drivers over 21 years old is
0.08 percent, while the limit for drivers under 21 years old is 0.02 percent.
- Be prepared for winter-related storms. Twenty-eight thousand (28,000) claims were filed after the state’s most expensive winter storm on record (The Blizzard of March 2003) and came with an estimated price tag of $93.3 million.
- Winter storms aren’t limited to the winter months either! In May 2017, Denver was pummeled by its costliest hailstorm ever.
Location and appointment scheduling information for the DMV (for licenses) and the County Motor Vehicle office (for registration) can be found here. Additionally, those new to Colorado may find it useful to go to MyDMV for all of the information they need on transferring a license or registering a vehicle.
Drivers in Colorado should be aware of several things before registering their vehicles:
- As mentioned, you must have already converted your out-of-state title to a Colorado title.
- Secondly, you must be able to show proof of insurance.
Now may be the perfect time to shop around to see how your current auto insurance rates compare to rates Colorado providers may be able to give you. Even if you’ve shopped before, not every provider does business in every state. And new providers are always popping up online. In fact, in the state of Colorado, you can choose from dozens of auto insurance companies.
The best way to get cheap car insurance in Colorado
If you aren’t into dunes or starry skies, Colorado has plenty of other day trips and nightlife to offer.
You pick: Pay more than you have to for your auto insurance policy or spend the first few days in the state getting to know your new digs.
See? Auto insurance options don’t have to be hard!
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