Best Auto Insurance Rates in Boulder, Colorado

On average your neighbors pay $71 a month

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Compare Auto Insurance in Boulder

Friday, November 9 2018 By Shantae Young

Boulder, Colorado is home to one of the last operating Chautauquas in the U.S. The Chataqua movement began in the early 1870's and reached Boulder by 1898. It fostered learning through lectures, performing arts, music and a love for nature.

Average Boulder Car Insurance Rates

How much is car insurance in Boulder, CO? Premiums here can be expensive, but how much you pay depends on a variety of factors. The average cost for auto insurance in Colorado is $857.44 per year. The national average cost is $889.01.

Prices vary depending on a driver’s policy limits, coverage, and the number and type of claims filed in their zip code.

Colorado Average Annual Car Insurance Rates
Coverage Rates
Liability $520.04
Collision $287.00
Comprehensive $174.61
Total Cost Per Year $857.44
Price Per Month $71.45
Source: Facts + Statistics: Auto insurance

The graph below shows the change in Colorado's average auto insurance rate from 2011 to 2015, the most recent year the data is available. According to the III, Colorado car insurance rates increased from $723 in 2011 to $857 in 2015, a jump of $133, or 18.49 percent.

Colorado average car insurance rates

QuoteWizard helps Boulder residents compare car insurance quotes from both national insurance companies and local independent agents. Comparing quotes can help you find cheap car insurance rates near Boulder, Colorado and save up to 40% on your premium.

Last year, 1,312 people used QuoteWizard to compare auto insurance quotes in Boulder, CO from multiple companies to find the best rates.

Best Car Insurance Companies in Boulder, CO

Thiese are the most common car insurance companies reported by QuoteWizard users living in Boulder, Colorado last year.

  1. State Farm
  2. GEICO
  3. Progressive
  4. Farmers
  5. Allstate
  6. Liberty Mutual
  7. AAA
  8. Esurance
  9. USAA
  10. American Family

Top 10 Vehicles in Boulder

This is our list of the most common car makes and models owned by Boulder, CO drivers requesting quotes through QuoteWizard last year.

  1. Toyota Prius
  2. Honda Accord EX/LX
  3. Honda CR-V EX
  4. Honda Civic DX
  5. Toyota Corolla
  6. Toyota Rav4
  7. Jeep Grand Cherokee Laredo
  8. Toyota Tacoma
  9. Ford F150
  10. Subaru Legacy

Minimum Car Insurance Requirements in Boulder, CO

Boulder, Colorado requires that drivers carry minimum liability coverage known as the 25/50/15 rule. This means each driver's policy must include at least:

  • Individual Bodily Injury Liability (BIL): $25,000.
    The maximum amount your insurance company will pay for an individual person injured in a car accident.
  • Total Bodily Injury Liability: $50,000.
    The total your insurance company will pay in total for every person injured in a car accident.
  • Property Damage Liability (PDL): $15,000.
    The most your insurance company will pay for property damage caused by a car accident.

Driving Conditions

Driving conditions like weather and traffic congestion can influence your insurance rates.

Weather

Boulder enjoys a warm, dry climate. Summers are mild but sometimes hot. Winters are chilly and can be extremely cold. The sun is prevalent year round with an average of 245 sunny days per year. Precipitation averages only 19.2 inches a year but, thanks to its high elevation, Boulder receives around 83 inches of snow annually.

Road Conditions

Tripnet.org reports that 40 percent of Colorado's major roads are in poor or mediocre condition. This costs drivers statewide $1.9 billion in extra vehicle operating costs. This works out to $468 per motorist each year.

Traffic Congestion

Traffic data provider Inrix has created a traffic scorecard that ranks US cities by their traffic congestion. Boulder ranked 72nd worst US city for traffic congestion. According to Inrix, commuters spent 35 hours stuck in congestion last year, wasting 19 gallons of gas and costing commuters an average of $752.

Moving Violations

Moving violations like speeding tickets and causing accidents will give you a bad driving record and higher insurance rates. The reason is that when you get a moving violation, points are added to your driver's license. And these points can remain on your driving history for three years. If you get a lot of tickets in a short period of time and your insurance company finds out, they will not be happy. They could even change your status from preferred to non-standard. This is a category reserved for drivers insurers think of as risky. If this happens, expect to pay a lot more for coverage when they move you to a high-risk insurance policy. 

Traffic Tickets

The Boulder Municipal Court website allows you to pay traffic citations, pay parking tickets, and tells drivers how to dispute tickets, and provides helpful traffic court information.

Boulder Police issued 11,038 traffic summons in 2015, an 11% decrease from the 12,530 summons issued in 2014.

DUI and DWAI Arrests

Boulder Police made 481 arrests for suspicion of driving under the influence in 2016. This was a major decrease after the 568 DUI arrest made in 2015.

SR-22 DUI & DWAI Insurance

A DUI or DWAI conviction may require you to obtain an SR-22 form. Get a quote and we'll connect you with local insurance agents from top insurance companies that specialize in Boulder DUI/DWAI insurance.

Car Accident Statistics

Boulder reported 3,691 car accidents in 2016. 361 of these crashes resulted in injuries. Seven of the accidents resulted in a fatality.

Traffic Fatalities

During 2015, Boulder Police reported zero deaths in motor vehicle crashes, and only reported one death in 2014. With Boulder’s estimated population of 108,090, this is a remarkably safe American city in terms of traffic fatalities.

Vehicle Theft Rates

Boulder Police reported 146 vehicle thefts in 2016. This is a rate of 1.36 for every 1,000 people.

Car Insurance Discounts

If you want to find affordable car insurance, discounts are one of the best ways to lower your rates. Below are only some of the car insurance discounts available to drivers in Boulder, CO.

  1. Bundle your auto policy with your homeowners or renters insurance. Bundling all of your policies with a single insurance company can save you up to 20% of your total bill
  2. Have good credit. If your credit rating has recently improved, get a quote. You may find yourself paying a smaller premium
  3. If you're 55 or older you could qualify for either the senior discount or the 55 and retired discount
  4. Live in a safe neighborhood with low crime and good drivers where residents file few insurance claims. Residents of zip codes with high crime and poor driving conditions file more of the claims that lead to higher rates
  5. Get a new car with advanced safety features like electronic stability control or anti-lock brakes. If the car has anti-theft devices or a car alarm system you can save even more
  6. Are you married or getting married soon? Some insurers offer drivers a marriage discount

Sources:

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