Car Insurance Car insurance in Colorado Springs: Cheapest insurance and average rates USAA has the cheapest car insurance in Colorado Springs at $132 per month for a full coverage insurance policy. See how car insurance in Colorado Springs, CO, compares to other large U.S. cities. View Carriers Please enter valid zip Compare top carriers in your area Written by Chris Kissell Chris Kissell Chris Kissell is a Denver-based writer and editor with work featured on U.S. News & World Report, MSN Money, Fox Business, Forbes, Yahoo Finance, Money Talks News and more. Reviewed by Laura Longero Laura Longero Laura Longero is a content strategist and communications leader with more than 15 years of experience in content development in journalism, marketing and communications for start-ups to global companies. She started her career as a reporter and editor and honed her journalistic skills at the USA Today Network, working in several roles, as well as managing content and writing at MoneyGeek and XYZ Media. Expert insight from Alaina Hixson Alaina Hixson Nashville-based director of sales and operations at The Churchill Agency.Go to comment Updated on: September 5, 2024 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Car insurance in Colorado Springs costs $2,349 per year for full coverage – $196 monthly. In 2024, USAA offers the cheapest car insurance policy at $132 per month. Colorado Springs is the second-biggest city in Colorado, with a population of more than 485,000. If you are moving to Colorado Springs — or already live there — it is important to find the right car insurance policy. Fortunately, there are ways to get cheap car insurance in Colorado Springs that will provide the coverage you need. Learn more about what a typical policy costs in Colorado Springs and what you need to know if you are new to the city. Key Takeaways Full-coverage car insurance in Colorado Springs costs an average of $2,349 per year, higher than the nationwide average of $1,895. The cheapest car insurance company for a full-coverage policy in Colorado Springs is USAA, at $132 monthly. Car insurance rates in Colorado Springs are roughly in line with those of other large cities across the U.S. How to find the best car insurance in Colorado Springs With the right tools and a little work, you can find the best car insurance policy in Colorado Springs that marries the coverage you need with a cost you can afford. Before shopping for car insurance, determine the type of policy you need, including the amount of coverage necessary to protect yourself. Make sure you get quotes from at least three companies comparing similar coverage limits and options and ask about any discounts you qualify for. It’s always best to buy as much coverage as you can afford. Cheapest car insurance company in Colorado Springs USAA provides the cheapest car insurance in Colorado Springs, according to the most recent data. It costs an average of $1,586 annually to purchase a full-coverage policy from the insurer. But remember that USAA is only available to military community members and their families. The next cheapest car insurance companies are Geico and State Farm. See other cheap car insurance rates in Colorado Springs in the table below. Average annual rates from insurers in Colorado Springs CompanyAverage annual rates for state minimum Average annual rates for 50/100/50 liability onlyAverage annual rates for full coverageUSAA$339$492$1,586Geico$267$438$1,608State Farm$510$705$2,049Kemper Insurance$476$707$2,187Southern Farm Bureau$297$560$2,238Auto-Owners$438$709$2,732Allstate$867$1,268$2,998Progressive$450$811$3,185Farmers$945$2,030$3,941 How much is car insurance in Colorado Springs per month? Colorado Springs residents can expect to pay an average of $196 per month in full coverage car insurance cost, or $43 per month for the state minimum coverage. Of course, some drivers pay less than this average, while others pay more. Factors that determine how much you pay for car insurance include the insurance company you choose and the amount of coverage you need. Other factors — including your age and gender, the type of car you drive, and your history of accidents and violations — also influence car insurance costs. Fortunately, there are many ways to trim the cost of your car insurance. “Consider increasing your deductibles as an option to lower your premium,” says Alaina Hixson, a Nashville-based director of sales and operations at The Churchill Agency. “Most carriers offer a discount if you choose paperless statements and pay the premium in full for the term.” Monthly rates for car insurance in Colorado Springs, Colorado Company Average monthly rates for state minimum Average monthly rates for 50/100/50 liability onlyAverage monthly rates for full coverageUSAA$28$41$132Geico$22$37$134State Farm$42$59$171Kemper Insurance$40$59$182Southern Farm Bureau$25$47$187Auto-Owners$36$59$228Allstate$72$106$250Progressive$38$68$265Farmers$79$169$328 How do rates in Colorado Springs compare to other large cities in the U.S.? The cost of coverage in Colorado Springs is roughly comparable to what you would pay in other major cities. Colorado Springs drivers pay $12 more per year than other Colorado drivers – the statewide rate is $2,337 annually, compared with Colorado Springs’s $2,349. See how much you can expect to pay for car insurance in several major U.S. cities in the table below. Monthly full-coverage car insurance costs in major U.S. metropolitan areas City Average monthly premiums Albuquerque$186Atlanta$206Austin$161Bakersfield$206Chicago$161Colorado Springs$196Dallas$190Fresno$199Houston$193Kansas City$180Long Beach$223Los Angeles$262Mesa$165Miami$279Milwaukee$168Minneapolis$182New York$217Oakland$234Omaha$162Philadelphia$232Phoenix$188Raleigh$142Sacramento$222San Antonio$182San Diego$194San Jose$200Tampa$261Tucson$157Tulsa$195Virginia Beach$121Wichita$166 Here’s what you need to know when driving in Colorado Springs Like any city, Colorado Springs has its share of traffic woes. But overall, drivers have a pretty pleasant time navigating the city. In 2022, drivers in Colorado Springs lost an average of a mere eight hours in traffic, according to INRIX, which looks at traffic patterns. That makes Colorado Springs the 179th most-congested city in the U.S. If you are driving in the Colorado Springs area during rush hour, you can expect to spend an extra 13.6 minutes in traffic, according to the website CoPilot. That places Colorado Springs at No. 48 among all cities in the nation when it comes to losing time due to rush hour. Other things to remember when driving around Colorado Springs: Speed limits in Colorado are typically 30 mph in residential districts, and 65 mph on urban interstates. The major toll road in the area is just west of Colorado Springs: Pikes Peak Highway takes you to the famous mountain of the same name. In Colorado, all children up to the age of 15 must be properly restrained in a moving vehicle. How much car insurance do I need in Colorado Springs? Colorado law requires you to purchase a minimum amount of liability car insurance coverage. These amounts are: $25,000 for bodily injury or death to one person in any one accident. $50,000 for bodily injury or death to all persons in any one accident. $15,000 for property damage in any one accident. However, these minimum levels of coverage will not be adequate for most drivers. Many drivers will prefer to carry much higher levels of liability coverage so they are better protected financially. In addition, liability insurance does not cover you or your car. That means drivers also might be interested in going beyond the minimum and protecting their own vehicles by purchasing insurance beyond the minimum, such as comprehensive and collision coverage. If you are unsure of how much coverage you need, consult with an insurance agent who can help. Average cost of car insurance in Colorado Springs The average cost of full-coverage car insurance in Colorado Springs is $2,349 annually. That compares to a statewide average of $2,337 and a nationwide average of $1,895. Annual average rates in Colorado Springs for state minimum coverage and full coverage State minimum coverage in Colorado SpringsAnnual full coverage rates in Colorado Springs$510$2,349 How much does car insurance in Colorado Springs cost with violations? Moving violations on your driving record will increase your car insurance rates. Violations like speeding tickets often cause a significant but manageable rise in rates. Other types of violations can make rates climb much higher. This is particularly true if you are convicted of a DUI. See rate increases in Colorado Springs in the table below by violation. Violation typeRate increase percentageAt-fault accident48%Bad credit107%DUI75%Speeding43% Cheapest car insurance in Colorado Springs by age Your age will impact how much you pay for car insurance. The youngest drivers tend to pay the highest rates. The oldest drivers also are likely to pay more. See how much you can expect to pay by age in the table below. Annual rates for state minimum and full coverage car insurance in Colorado Springs, by age AgeState minimum coverageFull coverage18$1,779$5,20825$631$3,07440$510$2,34965$516$2,285 Compare auto insurance rates in Colorado Springs by ZIP code Where you live also plays a role in how much you pay for car insurance. Here are the Colorado Springs area ZIP codes with the cheapest and most expensive car insurance rates. See the tables below for the cheapest and most expensive ZIP codes for car insurance in Colorado Springs. Cheapest annual car insurance rates in Colorado Springs, by ZIP code ZIP codeAverage annual rate80912$2,24180938$2,24980919$2,26680939$2,28180946$2,28480926$2,29380930$2,297 Most expensive annual car insurance rates in Colorado Springs, by ZIP code ZIP codeAverage annual rate80910$2,47380922$2,46080916$2,45480909$2,45380920$2,42680917$2,416 Our recommendations: Car insurance for drivers in Colorado Springs If low prices are your top focus when shopping for car insurance, USAA might be your best choice. It has the lowest average rates in our survey. However, it’s often a mistake to shop by price alone. It is crucial to make sure you have exactly the coverage you need, even if you have to pay a little more for it. Shopping around and gathering quotes from several insurance companies is the best way to get the coverage you need at the best price. A full coverage insurance policy with liability limits of 100/300/100 is the best option for most drivers. Consider increasing your liability limits as you accumulate wealth and your net worth increases. Purchasing as much car insurance as you can afford will give you peace of mind as you navigate the roads of Colorado Springs. What our expert says Q: How do you lower the cost of car insurance? Alaina HixsonNashville-based director of sales and operations at The Churchill Agency. “Consider increasing your deductibles as an option to lower your premium,” says Alaina Hixson, a Nashville-based director of sales and operations at The Churchill Agency. “Most carriers offer a discount if you choose paperless statements and pay the premium in full for the term.” Resources & Methodology Sources: Colorado General Assembly. “Mandatory Automobile Insurance in Colorado.” Accessed February 2024. Colorado Springs Olympic City USA.. “About Colorado Springs.” Accessed February 2024. CoPilot. “Cities That Lose the Most Time in Rush Hour Traffic.” Accessed February 2024. Hertz. “Colorado driving guide.” Accessed February 2024. INRIX. “Colorado Springs CO.” Accessed February 2024. United States Census Bureau. “QuickFacts: Colorado Springs city, Colorado.” Accessed February 2024. Methodology In 2024, Insure.com commissioned Quadrant Information Services to pull rates for a 40-year-old who has a 12-mile commute and drives a 2023 Honda Accord LX 10k miles annually. The hypothetical driver has full coverage, carrying policy limits of 100/300/100 with $500 deductibles for comprehensive and collision coverages. We analyzed 51,088,003 insurance quotes from 167 companies across 34,588 ZIP codes in every state and Washington, D.C. Chris KissellContributing Researcher  . .Chris Kissell is a Denver-based writer and editor with work featured on U.S. News & World Report, MSN Money, Fox Business, Forbes, Yahoo Finance, Money Talks News and more. 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Part 1: How insurance companies spot bogus claims Insurance options for rideshare drivers 10 things that are illegal but shouldn’t be 1/1 On this page How to find the best car insurance in Colorado SpringsCheapest car insurance company in Colorado SpringsHow much is car insurance in Colorado Springs per month?How do rates in Colorado Springs compare to other large cities in the U.S.?Here’s what you need to know when driving in Colorado SpringsAverage cost of car insurance in Colorado SpringsCheapest car insurance in Colorado Springs by ageCompare auto insurance rates in Colorado Springs by ZIP codeOur recommendations: Car insurance for drivers in Colorado SpringsWhat our expert saysResources & Methodology ZIP Code Please enter valid ZIP See rates