Question: Why is Colorado auto insurance so expensive?

Car insurance in Colorado is expensive because the state has several densely populated cities with more drivers and more accidents, which drives rates up. In Colorado, you can expect to pay approximately $1,696 per year for full coverage car insurance or $636 per year for minimum coverage.

Is auto insurance in Colorado expensive?

Auto insurance is slightly more expensive than average in Colorado. The typical car insurance rate in Colorado is $1,435 per year — more than the national average by 0.6%. Your car insurance premiums are impacted by factors aside from the state in which you live.

How much does insurance cost per month in Colorado?

The average car insurance cost in Colorado is $162 per month or $1,948 a year for a full coverage policy. Geico & State Farm have the cheapest auto insurance in Colorado for state minimum policy.

How much is full coverage auto insurance in Colorado?

Colorado drivers have a variety of options when it comes to car insurance. However, average car insurance rates tend to be expensive in The Centennial State. The average premium costs $2,016 per year for full coverage and $518 per year for minimum coverage in Colorado.

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Is Colorado a no fault state for auto insurance?

Colorado is an at-fault state.

In a no-fault state, state law generally requires accident victims to file a claim through their own insurance company.

What is the deadliest car of all time?

The top 20 deadliest cars: the full list

Rank Make Total fatal crashes
1 Ford 10,845
2 Chevrolet 7,718
3 Honda 5,079
4 Toyota 4,734

What state has the most uninsured drivers?

Top 10 Highest And Lowest States By Estimated Percentage Of Uninsured Motorists, 2019 (1)

Rank State Percent uninsured
1 Mississippi 29.4%
2 Michigan 25.5
3 Tennessee 23.7

Which state is the cheapest to buy a car?

Overall, New Hampshire is the cheapest state to buy a car, since registration fees are low and sales tax non-existent. Florida is the second cheapest state to buy a car, and the state has a wonderful inventory. In fact, cars cost around ten percent less than the average.

How much is Obamacare in Colorado?

In 2021, the average full-price (pre-subsidy) premium for plans purchased through Connect for Health Colorado was about $459/month.

Is there free healthcare in Colorado?

Health First Colorado (Colorado’s Medicaid program) is free or low-cost health care for Colorado children and adults who qualify. … Coloradans can sign up for Health First Colorado any time during the year if they qualify.

How much is insurance on a 50K car?


Coverage Level Average Annual Premium
$50K/$100K/$50K Bodily Injury/Property Damage — $1,000 Comprehensive/Collision $1,443
$50K/$100K/$50K Bodily Injury/Property Damage — $500 Comprehensive/Collision $1,626
State Minimum — Liability Only $573
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What is the cheapest car insurance in Denver?

Cheapest Car Insurance in Denver

  • USAA. $686.
  • GEICO. $872.
  • Travelers. $1,012.
  • Esurance. $1,138.
  • State Farm. $1,152.
  • Nationwide. $1,198.
  • Allstate. $1,207.
  • Farmers. $1,918.

What is the average cost of car insurance in Denver Colorado?

According to ValuePenguin, the average cost of car insurance in Denver, Colorado, is $1949 per year. This is in comparison to the state’s average of $1757 per year, and the national average, which is $1548 per year.

What car insurance do I need in Colorado?

Colorado Auto Insurance Minimum Requirements

  1. Bodily injury: $25,000 per person, $50,000 per accident.
  2. Property damage: $15,000 per accident.
  3. Uninsured motorist: $25,000 per person, $50,000 per accident*
  4. Medical payments: $5,000 per accident*