Best Auto Insurance Colorado Springs

Finding the best auto insurance in Colorado Springs can be tough. But knowing what affects car insurance rates can help drivers make better choices. Full coverage insurance in Colorado Springs is 7% more expensive than the state average. The average cost for a full coverage policy is $2,109 a year, which is more than the state’s average of $1,852.

Still, Colorado Springs drivers can save money by shopping around and comparing quotes. The top five car insurance companies in the city are Geico, Progressive, State Farm, Auto-Owners, and USAA. Each company offers different features and benefits to customers.

Key Takeaways

Full coverage Colorado Springs car insurance costs 7% more than the state average.
The average annual cost of full coverage car insurance in Colorado Springs is $2,109.
Drivers can find the cheapest minimum coverage from American National, Geico, and USAA.
Geico, USAA, and State Farm often offer the most affordable full coverage policies.
Shopping around and comparing quotes can help Colorado Springs drivers find the best car insurance rates.

Introduction

This article will dive deep into the best auto insurance options in Colorado Springs, Colorado. We’ll look at what affects car insurance rates, highlight top insurance companies, and compare costs for different policies. Our aim is to help drivers in Colorado Springs find affordable and comprehensive car insurance.

We’ve looked at over 232 car insurance agencies in Colorado Springs to make your choice easier. We’ve picked the top 17 providers. These companies offer great coverage, good prices, and excellent customer service. They ensure you get the protection you need without breaking the bank.

Company	Year Established	Key Details
ALINK Insurance Services	1959	Serving Colorado Springs for over 60 years
WestCo Insurance	N/A	Led by principal JP West with over 10 years of experience
Elite Insurance Services	N/A	Provides various coverage options for vehicles
Eklund Insurance, LLC	1986	Founded in 1986, with 90 years of combined team experience
Southern Colorado Insurance Center	N/A	Insures boats and motorcycles

When looking at your options, think about customer reviews, ratings, and the coverage and discounts each provider offers. With the right auto insurance policy, you can drive with confidence and peace of mind in Colorado Springs.

“Finding the right car insurance can be a daunting task, but this comprehensive guide will make the process much easier. I’m confident that the information provided will help me find the most affordable and comprehensive coverage for my needs.”

Factors Affecting Car Insurance Rates in Colorado Springs

Car insurance rates in Colorado Springs change a lot based on several factors. These include the ZIP code, driving history, and age. Knowing these can help people in Colorado Springs find cheaper insurance.

Location and ZIP Code

Insurance costs in Colorado Springs differ by neighborhood and ZIP code. Busy areas with lots of cars and high theft rates lead to higher insurance costs. The cheapest ZIP code for insurance is 80919, with rates averaging $1,955 per year.

Driving Record

Accidents, speeding tickets, and DUIs greatly affect insurance rates in Colorado Springs. A speeding ticket can raise rates by 44%, an accident by 74%, and a DUI by 79%. Southern Farm Bureau and USAA offer cheaper rates for drivers with past violations.

Age and Credit Score

Young and old drivers, plus those with poor credit, pay more for insurance in Colorado Springs. 16-year-olds pay about $281 a month, but rates drop as drivers get older. Those with low credit can get the best rates from Geico.

Top Car Insurance Companies in Colorado Springs

When looking for the best car insurance in Colorado Springs, a few companies really stand out. Let’s explore three top choices and see how they meet the needs of drivers here.

GEICO: Best for Budget-Conscious Drivers

GEICO is a top pick for those wanting affordable full coverage car insurance in Colorado Springs, with rates around $1,518 a year. It’s also known for its solid financial standing and customer service, perfect for those watching their budget.

Progressive: Best for High-Risk Drivers

For drivers in Colorado Springs with a history of speeding tickets or accidents, Progressive is a good choice. Even though their full coverage rates are a bit higher at $3,338 annually, they might offer better deals for those considered high-risk.

State Farm: Best for Personalized Service

State Farm is famous for its personalized customer service, great for drivers in Colorado Springs who like a closer relationship with their agent. With average full coverage rates of $1,731 a year, it’s also a budget-friendly option.

Insurance Company	Average Full Coverage Rates	Key Strengths
GEICO	$1,518 per year	Affordable, strong financial and customer service ratings
Progressive	$3,338 per year	Competitive rates for high-risk drivers
State Farm	$1,731 per year	Personalized customer service, fairly affordable

Cheapest Minimum Coverage Car Insurance in Colorado Springs

Finding the most affordable car insurance in Colorado Springs is key. Southern Farm Bureau has the lowest rates for the minimum coverage needed in Colorado, at $30 per month or $360 a year. They are the top pick for drivers on a budget who need liability protection.

USAA and Geico also offer cheap minimum coverage in Colorado Springs. They charge about $32 and $33 per month, respectively. These companies make it easy for drivers to get the required liability protection without spending a lot.

Insurance Provider	Average Monthly Cost for Minimum Coverage
Southern Farm Bureau	$30
USAA	$32
Geico	$33

Choosing these affordable options means Colorado Springs drivers can meet the state’s minimum insurance requirements without breaking the bank. By comparing quotes from these providers, you can find the best deal for your needs.

Cheapest Full Coverage Car Insurance in Colorado Springs

Residents of Colorado Springs can find affordable full coverage auto insurance from top providers. Full coverage car insurance includes liability, comprehensive, and collision coverage. It costs an average of $2,428 per year in Colorado. This is about 21% higher than the national average of $2,008 per year.

Geico offers the cheapest full coverage rates in the city at $1,518 annually. USAA comes next at $1,706, and State Farm at $1,731 per year on average.

Average Annual Costs

Insurance Provider	Average Annual Cost for Full Coverage
Geico	$1,518
USAA	$1,706
State Farm	$1,731

By comparing quotes from top insurers like Geico, USAA, and State Farm, Colorado Springs drivers can find the most affordable full coverage options. This helps meet their unique needs and budgets.

Car Insurance Rates by ZIP Code in Colorado Springs

Location and ZIP code are key in Colorado Springs for car insurance rates. The city’s different neighborhoods and living costs affect how much drivers pay for insurance.

The cheapest ZIP code for car insurance in Colorado Springs is 80919. It has an average annual rate of $1,955 for full coverage. Other cheap areas are 80904 ($2,006 per year) and 80921 ($2,010 per year).

ZIP Code	Average Annual Rate for Full Coverage
80919	$1,955
80904	$2,006
80921	$2,010
80929	$2,092
80903	$2,097

The most expensive areas for car insurance are 80929 and 80903. Both average over $2,090 annually for full coverage. Drivers in these areas pay much more for insurance than others in the city.

Knowing how car insurance rates vary by ZIP code helps Colorado Springs drivers make better choices. By comparing rates and finding the best deals in their area, they can save hundreds on insurance each year.

Car Insurance Rates for Drivers with Violations in Colorado Springs

In Colorado Springs, drivers with certain violations on their record face higher car insurance rates. The impact of these infractions varies by insurance provider.

Rates for Drivers with DUIs

Drivers in Colorado Springs with a DUI see a big hike in car insurance rates. On average, a DUI raises premiums by 79%. Yet, Southern Farm Bureau offers the cheapest DUI coverage at $44 per month or $533 annually. State Farm follows at $46 per month, and Geico at $61 per month.

Rates for Drivers with Speeding Tickets

Speeding tickets lead to higher car insurance costs in Colorado Springs, with a 44% average increase. USAA offers the best rates for speeding violations, at $40 per month or $477 annually. Southern Farm Bureau and Geico are also good choices for drivers with speeding tickets.

“Maintaining a clean driving record is crucial for keeping car insurance costs low in Colorado Springs.”

Car Insurance Rates for Drivers with Poor Credit in Colorado Springs

Having a low credit score can really raise car insurance rates in Colorado Springs. On average, rates go up by over 30% for those with poor credit compared to those with good credit. Geico offers the cheapest options for drivers with poor credit, costing $43 a month or $510 a year.

For drivers with poor credit, full coverage car insurance in Colorado Springs costs about $319 a month. This is compared to $223 a month for those with good credit who choose State Farm. This shows how much a low credit score can increase insurance costs.

To lower these higher costs, drivers in Colorado Springs should compare quotes from different insurers. By shopping around, they can save hundreds of dollars a year on insurance.

Other factors like driving history, age, and location also affect insurance costs in Colorado Springs. By understanding these factors, drivers can find the most affordable insurance options. This helps them meet their needs and budget.

best auto insurance colorado springs

The top auto insurance companies in Colorado Springs are Geico, USAA, and State Farm. They are known for their affordable rates, excellent customer service, and strong financial health. This makes them leaders in the local market.

Geico: Most Affordable Full Coverage

Geico is the go-to for affordable full coverage auto insurance in Colorado Springs. Their rates are about $1,518 a year, much lower than the city average of $2,428. They also offer easy-to-use online tools and 24/7 customer support, making them a great choice for those on a budget.

USAA and State Farm: Competitive Pricing and Service

USAA and State Farm may not have the cheapest rates, but they offer great value. They have strong customer service and are financially stable. USAA is perfect for military members and their families. State Farm has a large network of agents and many coverage options.

These three companies offer reliable auto insurance at great prices in Colorado Springs. By comparing quotes and looking at what each offers, locals can find the best policy for their budget and needs.

Insurance Provider	Avg. Annual Full Coverage Cost	Key Strengths
Geico	$1,518	Most affordable full coverage rates, user-friendly digital experience
USAA	$1,785	Competitive pricing, strong customer service, tailored for military families
State Farm	$2,050	Competitive pricing, extensive agent network, variety of coverage options

Comparing Quotes and Finding the Best Rates

To get the best auto insurance rates in Colorado Springs, drivers should compare quotes from many providers. Discounts for safe driving, good credit, or insuring more vehicles can save a lot. Also, combining home and auto insurance with one carrier can lower costs.

Discounts and Bundling

Smart drivers in Colorado Springs can lower their auto insurance costs with various discounts. Some top discounts include:

Safe driving discounts for a clean driving record
Good credit discounts for a high credit score
Multi-vehicle discounts for insuring more cars
Bundling discounts for combining home and auto insurance

By looking into these discounts and bundling policies, Colorado Springs folks can cut their insurance costs. This helps them find the best rates for their budget.

“I switched to GEICO and saved over $50 a month on my auto insurance in Colorado Springs. The process was quick and easy, and the customer service has been great.” – Sarah, Colorado Springs Resident

Insurance Provider	Average Monthly Cost for Minimum Coverage	Average Monthly Cost for Full Coverage
Liberty Mutual	$196	$450.60
State Farm	$215	$566
GEICO	$302	$450
American National	$215	$566
Colorado Farm Bureau	$274	$649

Colorado’s Minimum Car Insurance Requirements

In Colorado, all drivers must have a certain level of car insurance. You need at least $25,000 for bodily injury per person, $50,000 for each accident, and $15,000 for property damage. This is the minimum to legally drive in Colorado.

But, experts say you should think about getting more insurance. Getting higher coverage means better protection if you’re in an accident. Think about your car’s value, your driving record, and how much risk you’re okay with when picking your coverage.

Bodily injury liability coverage: $25,000 per person, $50,000 per accident
Property damage liability coverage: $15,000 per accident
Uninsured/Underinsured motorist coverage: $25,000 per person, $50,000 per accident
Medical payments coverage: $5,000 (automatically offered unless rejected)

Knowing the minimums and extra options helps Colorado drivers stay safe on the road. Talking to an insurance agent can help find the right policy for you. This way, you can be sure you’re covered.

“Adequate car insurance coverage is essential for Colorado drivers to protect themselves and their assets in the event of an accident.”

Tips for Lowering Car Insurance Costs in Colorado Springs

As a Colorado Springs driver, you can lower your car insurance costs in several ways. Comparing quotes and taking advantage of discounts are good starts. You can also keep a clean driving record, boost your credit score, and choose higher deductibles.

Keeping a clean driving record is key. Safe drivers in Colorado get cheaper insurance because insurers like responsible drivers. Staying away from traffic tickets and accidents can cut your premiums a lot.

Improving your credit score is another smart move. Insurers use credit info to set insurance prices, and those with good credit often pay less. Boosting your credit can lower your insurance costs.

Choosing higher deductibles can save you money too. Going from a $200 to a $500 deductible can save 15 to 30% on collision and comprehensive coverage. A $1,000 deductible could save you up to 40%.

Also, regularly check and adjust your coverage to avoid paying for things you don’t need. Making sure your policy matches your current needs can help you save on car insurance in Colorado Springs.

Insurance Provider	Annual Premium for Full Coverage	MoneyGeek Score
American National P&C	$566	83 out of 100
Acuity	$1,405	78 out of 100
Colorado Farm Bureau	$818	N/A
American Family	$884	69 out of 100
Auto-Owners Insurance Co	$1,021	65 out of 100
USAA (military only)	N/A	78 out of 100

By using these tips, drivers in Colorado Springs can lower their car insurance costs and get more affordable coverage.

Conclusion

Finding the best auto insurance in Colorado Springs means looking at many factors. These include coverage options, customer service, financial strength, and cost. By shopping around and using discounts, drivers can get good coverage at a fair price. Top companies like Geico, USAA, and State Farm offer great rates and products for Colorado Springs drivers.

When looking at car insurance in Colorado Springs, there are many choices. Your location, driving history, age, and credit score affect your rates. It’s important to compare quotes from different providers to find the best deal. Using discounts, bundling policies, and knowing Colorado’s minimum coverage can help you save money.

Whether you’re watching your budget, have a high-risk driving record, or want personalized service, Colorado Springs has you covered. By researching and comparing options, you can make a smart choice. This way, you get reliable and affordable car insurance coverage.

Best Auto Insurance Colorado Springs – Top Coverage