Car Insurance Car insurance in Denver: Cheapest insurance and average rates Geico has the cheapest car insurance in Denver at $117 per month for a full coverage insurance policy. See how car insurance in Denver, 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 Robert Passmore Robert Passmore APCIA department vice president, personal lines with the American Property Casualty Insurance Association.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 Denver costs $2,337 per year for full coverage – $195 monthly. In 2024, Geico offers the cheapest car insurance policy at $117 per month. Denver is a city at the base of the Rocky Mountains with a population of slightly more than 700,000 people. If you are moving to Denver — or already live there — it is important to find the right car insurance policy. Fortunately, there are ways to get cheap car insurance in Denver that will provide the coverage you need. Key Takeaways Full-coverage car insurance in Denver costs an average of $2,337 per year, higher than the nationwide average of $1,895. The cheapest car insurance company for a full-coverage policy in Denver is Geico, at $117 monthly. Car insurance rates in Denver are roughly in line with those of other large cities across the U.S. How to find the best car insurance in Denver With the right tools and a little work, you can find the best car insurance policy in Denver that marries the coverage you need at a cost you can afford. Before shopping for car insurance, determine the type of policy you need, including the coverage necessary to protect yourself. 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 Denver Geico provides the cheapest car insurance in Denver, according to 2023 data. It costs an average of $1,399 annually to purchase a full-coverage policy from the insurer. The next cheapest car insurance companies are USAA and Southern Farm Bureau. See other cheap car insurance rates in Denver in the table below. Average annual rates from insurers in Denver, CO CompanyAverage annual rates for state minimum Average annual rates for full coverageGeico$283$1,399Southern Farm Bureau$317$2,087USAA$366$1,584Progressive$484$2,981Auto-Owners$492$2,744Kemper Insurance$546$2,297State Farm$562$2,142Allstate$907$3,029Farmers$1,114$4,021Acuity InsuranceNA$4,006 How much is car insurance in Denver per month? Denver residents can expect to pay an average of $195 per month in full coverage car insurance cost, or $47 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. You can also increase your savings by searching out discounts and other ways to slash your premium costs. “Consider raising your deductible to lower your monthly insurance premium,” says Robert Passmore, APCIA department vice president, personal lines with the American Property Casualty Insurance Association Monthly rates for car insurance in Denver, Colorado Company Average monthly rates for state minimum Average monthly rates for full coverageGeico$24$117Southern Farm Bureau$26$174USAA$31$132Progressive$40$248Auto-Owners$41$229Kemper Insurance$45$191State Farm$47$178Allstate$76$252Farmers$93$335Acuity InsuranceNA$334 How do rates in Denver compare to other large cities in the U.S.? The cost of coverage in Denver is roughly comparable to what you would pay in other major cities. Denver drivers pay the same as other Colorado drivers – the statewide rate is $2,337 annually, the same as Denver’s $2,337. See how much you can expect to pay for car insurance in several major U.S. cities in the table below. Full-coverage car insurance costs in major U.S. metropolitan areas CityFull-coverage costChicago$1,930Dallas$2,278Houston$2,317Los Angeles$3,149New York$2,600Philadelphia$2,782Phoenix$2,251San Antonio$2,181San Diego$2,324San Jose$2,406Las Vegas$2,594Baltimore$2,345Boston$2,103Charlotte$,1824Columbus$1,597Denver$2,337Detroit$2,987El Paso$2,112Fort Worth$2,030Indianapolis$1,627Jacksonville$2,692Memphis$2,161Nashville$1,708Oklahoma City$2,373Portland$2,033San Francisco$2,777Seattle$1,910Washington$2,157Louisville$2,359 Here’s what you need to know when driving in Denver Denver is one of the biggest cities in the U.S., which has created traffic problems in the metro area. In 2022, drivers in Denver lost an average of 54 hours in traffic, according to INRIX, which looks at traffic patterns. That makes Denver the 17th most-congested city in the U.S. If you are driving in the Denver area during rush hour, you can expect to spend an extra 17.1 minutes in traffic, according to the website CoPilot. That places Denver at No. 29 among all cities in the nation when it comes to losing time due to rush hour. Other things to remember when driving around Denver: Speed limits in Denver are typically 30 mph on residential roads, and 65 mph on urban highways. The major toll road in Denver is E-470, which runs through the suburbs of Denver and out to the Denver International Airport. There are more than 460 electric vehicle charging points in Denver, and more than half offer free charging. How much car insurance do I need in Denver? 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 minimums and protecting their own vehicles by purchasing insurance beyond the minimum, such as comprehensive and collision coverage. If you don’t know how much coverage you need, consult an insurance agent to help. Average cost of car insurance in Denver The average cost of full-coverage car insurance in Denver is $2,337 annually. That compares to a statewide average of $2,337 and a nationwide average of $1,895. Annual average rates in Denver for state minimum coverage and full coverage State minimum coverage in DenverAnnual full coverage rates in Denver$563$2,337 How much does car insurance in Denver cost with violations? Moving violations on your driving record will increase your car insurance rates. Moving violations like speeding tickets 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 Denver in the table below by violation. Violation typeRate increase percentageAt-fault accident48%Bad credit105%DUI75%Speeding42% Cheapest car insurance in Denver 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 Denver, by age AgeState minimum coverageFull coverage18$1,887$5,90625$633$2,20440$556$1,91065$569$1,875 Compare auto insurance rates in Denver by ZIP code Where you live also plays a role in how much you pay for car insurance. Here are the Denver 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 Denver. Cheapest annual car insurance rates in Denver, by ZIP code ZIP codeAverage annual rate80262$2,19780235$2,22480202$2,23680206$2,25380212$2,25880123$2,26480220$2,26980224$2,27080211$2,27180222$2,272 Most expensive annual car insurance rates in Denver, by ZIP code ZIP codeAverage annual rate80219$2,53980225$2,53680223$2,50880247$2,50380239$2,49980204$2,44780230$2,43180231$2,41280264$2,40180290$2,394 Our recommendations: Car insurance for drivers in Denver If low prices are your top focus when shopping for car insurance, Geico 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 Denver. Resources & Methodology Sources: Denver Convention & Visitors Bureau. “Denver at a Glance.” Accessed February 2024. Colorado General Assembly. “Mandatory Automobile Insurance in Colorado.” February 2024 CoPilot. “Cities That Lose the Most Time in Rush Hour Traffic.” Accessed February 2024. Hertz. “Denver Driving Guide.” Accessed February 2024. INRIX. “Denver CO.” 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. In case you missed it Best Car Insurance Companies of 2024 Car insurance rates by state in 2024 What is full coverage car insurance? How much does car insurance cost for seniors in 2024? A complete guide to adding a teenager to your car insurance policy in 2024 What to do after a car accident that’s not your fault Total warfare: What to do when your auto insurer totals your car Car insurance claims: Who gets the claims check? 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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 DenverCheapest car insurance company in DenverHow much is car insurance in Denver per month?How do rates in Denver compare to other large cities in the U.S.?Here’s what you need to know when driving in DenverAverage cost of car insurance in DenverHow much does car insurance in Denver cost with violations?Cheapest car insurance in Denver by ageCompare auto insurance rates in Denver by ZIP codeOur recommendations: Car insurance for drivers in DenverResources & Methodology ZIP Code Please enter valid ZIP See rates