The Cheapest and Best Car Insurance in Denver
The Cheapest Car Insurance Companies in Denver
While entire coverage car insurance costs more than the minimal submit indemnity, it offers higher coverage limits. On median, the cheapest insurance providers in Denver for broad coverage car insurance are :
- GEICO: $872 per year
- Travelers: $1,012 per year
military members may opt for policies from USAA, which is the cheapest in the city and costs approximately $ 686 per class. The most expensive insurance company for full coverage cable car policy is Metlife, costing $ 2,016 per class on average. Depending on your coverage level and tug read, your rates could be different than these averages .
Cheapest Car Insurance in Denver
Full Coverage 100/300/100 MoneyGeek analyzed car insurance rates in Denver using a sample 40-year-old male driver with a full moon coverage car policy policy. Details of the policy limits are in our methodology. The minimum indebtedness car policy costs less than full coverage because it has lower limits and excludes comprehensive examination and collision insurance. Full coverage car insurance policy contains the country minimal ask insurance a well as :
- Comprehensive Insurance: This coverage pays for damages caused by theft, vandalism and other non-accident-related incidents.
- Collision Insurance: Pays for damages on your car resulting from hitting another vehicle or stationary object.
If you have an honest-to-god vehicle, you may want to consider purchasing the state minimal or liability car insurance since these are cheaper. Purchasing a fully coverage policy means that you may end up paying more than the value of your old car in policy premiums .
Compare Car Insurance Rates in Denver
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Cheapest Car Insurance in Denver for Minimum Coverage
The state minimum car policy coverage is the most low-cost in Denver. however, it may not offer sufficient coverage after an at-fault accident, and you might need to pay out of pouch to cover any extra costs. On average, the most low-cost minimum coverage car policy providers in the city include :
- GEICO: $377 per year
- State Farm: $542 per year
For military members, USAA offers the cheapest department of state minimum car indemnity at approximately $ 297 per year. Progressive is the most expensive insurance company in Denver, at $ 1,349 per year on average. This is around four times more expensive than GEICO. State minimum car indemnity costs differ based on respective factors. Use the postpone below to see how rates vary across unlike coverage limits .
Cheapest Minimum Liability Car Insurance in Denver
submit Minimum The state minimum car policy policy provides the least protection in Denver. It is the minimal required in the city and meets the 25/50/15 specify necessity for all cities in Colorado. While the submit minimum coverage costs less, you may need to pay for some checkup or property price costs if you get involved in an at-fault accident. For example, if you injure a third-party driver in an accident and the checkup cost is $ 40,000, your state of matter minimum coverage will only pay $ 25,000. You will need to cover the remaining measure .
Colorado Minimum Liability Requirements
- item description
- Bodily Injury and Property Damage $ 25,000 per person, $ 50,000 per accident and $ 15,000 for property damage. A more protective degree is 100/300/100 .
Cheapest Car Insurance in Denver if You Have Driving Violations
How much you pay for cable car indemnity in Denver depends on your driving history. Speeding tickets, DUIs and at-fault accidents cause your rates to increase importantly. however, you can reduce your rates over prison term by improving your record. On modal, the cheapest car policy companies in Denver for drivers with traffic violations are :
- Cheapest after a ticket: GEICO, $1,108 per year
- Cheapest after an at-fault accident: Travelers, $1,332 per year
- Cheapest after a DUI: State Farm, $1,244 per year
USAA offers the brassy rates for drivers with travel rapidly tickets and at-fault accidents but is merely available to military members. By comparing rates across providers, you can still find the cheapest car policy rates even if you have a accelerate slate, DUI or early traffic trespass on your drive record .
Cheapest Car Insurance in Denver With a Violation
Average Cost of Car Insurance in Denver
Drivers who live in Denver pay about precisely the lapp sum for cable car insurance as the average driver in Colorado, and their rate is quite close up to the national average a well. The car insurance rate in the city is an median of $ 1,447, which is equitable $ 3 cheaper than the statewide average of $ 1,450. It is besides only approximately 1.6 % more expensive than the national median.
Personalized Quotes to Get You the Cheapest Car Insurance in Denver
not all drivers have the lapp circumstances. When shopping for a policy, you must get personalize car indemnity quotes in Denver. indemnity companies consider your marital status, age, driving history and credit history, along with the make and model of your vehicle. A personalized quotation will ensure that you get the best rate for you, not to mention that regularly getting one allows you to enjoy discounts or rebates. You may besides find a cheaper provider as your circumstances change .
Compare Car Insurance Rates in Denver
see you ‘re getting the best rate for your car indemnity. Compare quotes from the peak policy companies. widget-location-pin
The Best Car Insurance Companies in Denver
MoneyGeek ranked the best car indemnity companies in Denver using factors like user atonement, fiscal constancy and affordability scores. The exceed companies combine excellent customer military service and low-cost rates. From our findings, the best car insurance companies in Denver overall are :
- State Farm: MoneyGeek score of 90 out of 100
- GEICO: MoneyGeek score of 90 out of 100
USAA had the highest MoneyGeek grudge, at 100 out of 100. however, it is not ranked among the best providers because its policies are limited to current and former military members a well as their families .
5/5 Affordability 5/5 Claims Ratings 5/5 User Satisfaction A++ fiscal stability 2
3/5 Affordability 3/5 Claims Ratings 5/5 User Satisfaction A++ fiscal stability 3
5/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A++ fiscal stability 4
3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A+ fiscal stability 5
5/5 Affordability 2/5 Claims Ratings 3/5 User Satisfaction A fiscal constancy 6
3/5 Affordability 4/5 Claims Ratings 3/5 User Satisfaction A fiscal stability 7
3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A fiscal stability 8
2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A++ fiscal constancy 9
2/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A fiscal stability 10
2/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A fiscal constancy 11
3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 12
2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability
Average Cost of Car Insurance by Postal Code
location is besides a major determinant of car indemnity rates in Denver. Different ZIP codes have varying cases of crime, accidents and uninsured motorists. The riskier your ZIP code is, the higher the agio will probable be. In Denver, the most low-cost ZIP code for car coverage is 80229, where residents pay an average of $ 259 less per year than in 80219, the most expensive ZIP code for car insurance .
- Zip Code State Minimum
Factors That Impact Insurance Costs in Denver
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents besides contribute to car indemnity rates in Denver. How Denver ranks compared to the 300 most populous cities in the United States can have a significant affect on bounty costs . Most Accidents With Fatalities
/ 300 Most car Thefts
/ 300 Most uninsured Motorists by State
/ 50 personal Injury Protection Required No Most annual rain
/ 300 Most showery Days
Methodology and Assumptions
MoneyGeek ’ second average premium rates for Denver are based on 100/300/100 comprehensive collision coverage with a $ 1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, localization and drive record. Learn more about MoneyGeek ’ second data and methodology here. About the writer
Read more: Cheap Auto Insurance – Douglasville, Georgia
Mark Fitzpatrick is a senior message coach with MoneyGeek specializing in policy. Mark has years of experience analyzing the indemnity market and creating original research and subject. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a master of Arts .