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Cheap Auto Insurance Quotes in Denver, CO (May 2022)
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The average cost of Colorado car insurance changes depending on a number of factors, including which auto insurance company is used, an individual’s driving and credit history, and coverage levels. Average rates also vary city by city, so Insurify has calculated the cheapest rates available in Denver to help you decide what coverage and provider are right for you.
The cost of auto insurance will always depend on location, age, and an individual’s driving history. Insurify compiled a list of the cheapest car insurance companies currently available for Colorado drivers in Denver. The average rates provided in the chart below range from $185 to $267 a month.
Numerous factors contribute to the Insurify Composite Score (ICS) calculation, including the insurance company’s quality, reliability, customer satisfaction, reviews, and more. The chart below includes the best insurance providers available in Denver based on the ICS and costs of car insurance coverage to ensure Denver drivers find the best auto insurance rates available.
Studies on the relationship between driver behavior and increasingly lax state laws on marijuana in Colorado have led to inconclusive results; however, marijuana-impaired highway deaths are reportedly in decline.
Colorado's minimum liability car insurance limits are as follows:
Cheaper car insurance coverage comes with age. For teens and drivers under 25, car insurance policies—including liability insurance, collision coverage, and comprehensive coverage—cost more than prices for older, more experienced drivers. Prices decrease with age until around 60, before slowly increasing again. The chart below has information for Colorado drivers of all ages.
|Driver's Age||Avg. Monthly Cost|
The cost of motorist coverage depends on an individual’s driving history and accident record. At-fault car accidents, speeding tickets, failure-to-stop incidents, DUIs, and other motor vehicle incidents increase the costs of an insurance policy. Alternatively, drivers with records free of accidents, property damage, bodily injury, and more will pay less on monthly premiums.
|Driving History||Avg. Monthly Cost|
|Failure to Stop||$285|
Similar to a person’s driving record, a driver’s credit history influences monthly insurance premiums. Car insurance companies, like homeowners insurance providers, view credit history as an indication of payment reliability. Those with excellent credit scores benefit in finding the cheapest auto insurance, while those with average or poor scores often end up paying more.
|Credit Tier||Avg. Monthly Cost|
Within Denver, there are five different in-person Department of Motor Vehicles branches, labeled Northwest, Northeast, Southwest, Southeast, and Tremont. For the convenience of those who cannot make it in person, many services provided at these locations can also be completed online at the official website for the city of Denver or through the mail.
Services accessed outside of the in-person offices include registration renewals, address updates, license plate and sticker replacements, and vehicle registrations in some cases. Colorado requires emissions testing in Denver and other counties, which is available through the Denver DMV branches. More information is available on the city of Denver website.
Both a bus and a rail system are available in Denver, which makes some in-city travel possible without your own car. For instance, both locals and tourists utilize a completely free service called the 16th Street Mall Ride to travel downtown. The RTD light-rail is another option that provides access from the city to other nearby neighborhoods, with 11 separate tracks.
Other methods for transportation are available as well. Taxis and shuttle services are of course available, as well as rideshare options like Uber and Lyft. Bikeshare is another fun option, with bikes available from both Lime and its city-funded equivalent Denver B-Cycle.
Car insurance can be a strain on your finances, but finding a coverage plan that works for you, even if it is simply Colorado’s required minimum coverage, is crucial. Underinsured and uninsured motorists risk large fees in the event of an accident. A full-coverage policy is not necessary but includes important liability coverage to cover costs of potential medical payments.
Liability insurance can be purchased on its own, whether or not you settle for the state minimum liability for bodily injury liability and property damage liability. Coverage limits and costs of deductibles depend on a number of factors, which is why Insurify offers a simple way to compare the cheapest coverage in Denver for your specific needs at your convenience.
Count on Insurify to help! We crunched the numbers to help you find the cheapest car insurance available in Denver so you don’t have to, providing information for you regardless of driving history. Whether you have a perfect record or have a speeding ticket, at-fault accident, failure to stop, or DUI on record, you can compare average monthly quotes here from the top companies.
As always, the cost of car insurance in Denver depends on the insurance providers and needed coverage. For instance, personal injury protection is not required in the state. The individual’s driving and personal history, including accident history, credit history, marital status, and age, impact costs. The cheapest coverage we’ve compiled ranges from $175 to $333 a month.
All the usual motor vehicle violations drive up insurance rates in Denver, in addition to driver age and credit history. According to Insurify's national average calculations, Denver ranks 12th in cities with the most DUIs, 11th in cities with the most moving violations, and 12th in cities with the most speeding tickets. Costs will vary based on insurance providers.
The car insurance quotes displayed are based on an analysis of Insurify’s database of over 40 million quotes from 500 ZIP codes nationwide. To obtain representative rates, Insurify’s data science team performs frequent comprehensive analyses of the factors car insurance providers weigh to calculate rates including driver demographics, driving record, credit score, desired coverage level, and more.
Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating that weighs multiple factors reflecting the quality, reliability, and health of an insurance company. Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.
With the above insights and ranking methods, Insurify is able to offer car insurance shoppers insight into how various insurance providers compare to one another in terms of both cost and quality. Note, actual quotes will vary based on unique attributes including the policyholder’s driver history and their garaging address.
While most drivers know that car insurance quotes are determined in part by your personal driving history, many may be unaware that rates are also impacted by the average risk of the drivers around you as well. Check out Insurify's latest analysis of driving records in Denver, Colorado below:
Drawing from an internal database of over 4 million car insurance applications, the research team at Insurify analyzes patterns in car ownership and driver behavior - including how Denver drivers measure up to their fellow motorists across Colorado in areas including speeding, DUIs, and more.
Insurify Insights publishes data-driven articles, trend analyses, and national rankings each week on all factors related to cars and those who drive them.
Most Popular Car in Denver
City with the Most Speeding Tickets Rank in Colorado
City with the Most Moving Violations Rank in Colorado
City with the Most DUIs Rank in Colorado
City with the Most Suspended Licenses in Colorado
While car accidents are a sadly unavoidable feature of time spent on the road, rates of accidents do vary from city to city and from state to state. Denver drivers rank 7 in the number of car accidents per driver across all cities in Colorado.
Exceeding the speed limit can endanger others and leave a permanent stain on your driving record. When compared to other cities in Colorado, Denver drivers rank 12 in the number of speeding infractions per driver.
While driving while intoxicated is never acceptable, it’s a more common offense than many assume. Denver drivers rank 12 in the number of DUI’s per driver across all cities in Colorado.
Some car models are just more popular than others and trends can vary from place to place. The most popular vehicle in Denver is the Honda Accord.
The Insurify team classifies rude drivers as those who commit the following driving offenses: failure to yield or failure to stop, improper backing, passing where prohibited, tailgating, street racing, or hit-and-runs. Among all cities in Colorado, Denver drivers rank 8 in rude driving infractions.
Having a squeaky-clean driving record is an accomplishment to be proud of. Some cities have safer drivers than others; Denver drivers rank 9 in clean driving records across all cities in Colorado.
Failing to yield the right of way isn’t just frustrating for other drivers; it’s dangerous, too. Denver drivers rank 10 in failure to yield violations per driver across all cities in Colorado.
Reckless driving refers to a specific traffic violation: when drivers willfully act dangerously in spite of the risks they’re imposing on both themselves and others. Among all cities in Colorado, Denver drivers rank 8 in the number of reckless driving offenses per driver.
As auto manufacturers increasingly turn towards producing greener car models, more and more motorists are embracing hybrids and EV’s. Denver drivers rank 11 in hybrid and electric vehicle ownership across all cities in Colorado.
Insurify's team of data scientists and content specialists presents Insurify Insights, a series of automotive, home, and health studies focusing on the topics that impact us all. through expert analysis of over 4 million car insurance applications and an array of top data sources, the Insurify Insights team produces new data-driven articles, trend analyses, regional superlatives, and national rankings every week. See Insurify Insights as featured in Forbes, Fox News, USA Today, NPR, and more.