For student drivers, one of the more important criteria that car insurance companies take into consideration when calculating the cost of insurance is your zip code. Cities with larger populations like Pueblo, Denver, and Northglenn tend to pay higher rates, whereas areas with less congestion receive better rates.
The information below ranks the higher priced cities in Colorado for good students to purchase car insurance in.
Rank | City | Average Per Year |
---|---|---|
1 | Pueblo | $1,455 |
2 | Aurora | $1,417 |
3 | Denver | $1,397 |
4 | Lakewood | $1,378 |
5 | Northglenn | $1,329 |
6 | Thornton | $1,320 |
7 | Colorado Springs | $1,316 |
8 | Commerce City | $1,314 |
9 | Littleton | $1,306 |
10 | Centennial | $1,278 |
11 | Brighton | $1,273 |
12 | Arvada | $1,256 |
13 | Castle Rock | $1,248 |
14 | Westminster | $1,246 |
15 | Highlands Ranch | $1,241 |
16 | Parker | $1,233 |
17 | Broomfield | $1,215 |
18 | Boulder | $1,195 |
19 | Grand Junction | $1,166 |
20 | Longmont | $1,144 |
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Rates are estimated as the specific garaging location can change rates greatly.
Trying to find cheap car insurance is hard enough, and figuring out which companies quote the lowest-priced auto insurance rates for good students requires a little more work. Every insurance company has their own guidelines for determining rates in each state, so let’s take a look at the most affordable auto insurance companies in Colorado.
Find Cheaper Car Insurance for Students
Rank | Company | Cost Per Year |
---|---|---|
1 | The Hartford | $825 |
2 | Grange | $978 |
3 | USAA | $999 |
4 | GEICO | $1,141 |
5 | Nationwide | $1,143 |
6 | Auto-Owners | $1,192 |
7 | Travelers | $1,219 |
8 | State Farm | $1,222 |
9 | American Family | $1,301 |
10 | Progressive | $1,362 |
11 | Amica | $1,394 |
12 | Allied | $1,439 |
13 | California Casualty | $1,444 |
14 | Farmers | $1,629 |
15 | Colorado Farm Bureau | $1,640 |
16 | MetLife | $1,866 |
17 | Allstate | $2,015 |
18 | Encompass | $2,187 |
19 | Safeco | $2,547 |
20 | Titan | $2,738 |
Find Cheaper Rates Go |
The Hartford may have some of the most affordable car insurance rates in Colorado at around $825 per year. Grange, USAA, GEICO, and Nationwide also are some of the most economical Colorado insurance companies.
In the above example, if you currently have a policy with GEICO and switched to Grange, you might see annual savings of about $163. Colorado drivers with Nationwide may save as much as $165 a year, and Auto-Owners policyholders might cut rates by $214 a year.
Understand that those policy prices are averages across all drivers and vehicles in Colorado and and are not figured with a price decrease for good students. So the auto insurance company that is best suited for you may not even be featured in the above rate chart. That’s why you need to compare as many prices as possible using your own personal information and vehicle type.
<img class="shadow floatright" src="http://www.quoteclickinsure.com/blog/wp-content/uploads/best-car-insurance-good-students-co.jpg" alt="Cheaper Colorado auto insurance for student drivers”/>Insurance providers that provide the best cheap auto insurance for good students in Colorado may also give you policy discounts that may potentially lower prices by 40% or more if you qualify. Popular auto insurance companies and their possible discounts are detailed below.
The chart below illustrates the difference between auto insurance costs with and without discounts being applied to the rates. The rate quotes are based on a male driver, a clean driving record, no claims, Colorado state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with paid-in-full, paperless filing, continuous coverage, anti-theft, passive restraint, and vehicle safety discounts applied. With discounts applied, the average amount saved each year on auto insurance for good students is 28% or $528.
google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 17’, 3889,2781],[‘Age 30’, 1323,961],[‘Age 40’, 1287,933],[‘Age 50’, 1179,855],[‘Age 60’, 1145,829]]);var options = {title: ‘Insurance Premium Comparison for Good Students’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Colorado’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}
Selecting the best insurance provider can be a challenge considering how many choices you have in Colorado. The information listed below could help you analyze which auto insurance companies you want to consider purchasing coverage from. The rankings below include companies that insure vehicles nationwide, so companies that focus mainly on Colorado business will not be included in the list.
It’s not impossible to find cheaper rates, and here are some penny-pinching ideas that can help Colorado drivers get cheap coverage.
That last piece of advice is extraordinarily crucial, as we noted in the article above. Prices charged by car insurance companies can be changed at any time, so don’t be hesitant to change to a new company if you can find a cheaper rate.
Many drivers have brand loyalty and that’s fine, but is isn’t recommended if it’s costing you a considerable chunk of change every month. It only take a few minutes to shop around to find cheaper insurance for good students.