Cheap Car Insurance in Colorado Springs (2022)

State Farm offers the cheapest car insurance in Colorado Springs at $107 a month for minimum coverage.

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State Farm and Progressive are the best car insurance companies in Colorado Springs if you’re looking for cheap rates.

State Farm offers the cheapest car insurance rates in Colorado Springs for both minimum and full coverage at $95 a month and $107 a month, respectively.

Progressive’s average rates for both minimum- and full-coverage car insurance policies are $117 a month and $133 a month.

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What is the best company for cheap car insurance in Colorado Springs?

State Farm has the cheapest car insurance rates in Colorado Springs, charging an average of $95 a month for minimum-coverage policies.

Progressive, GEICO, USAA and Allstate also offer cheap car insurance rates that are well below the city average of $166 a month for minimum coverage.

Cheapest car insurance companies in Colorado Springs
Company Monthly rate
State Farm $95
Progressive $117
GEICO $128
USAA $128
Allstate $149
Farmers $221
American Family $232
Nationwide $256
City average $166
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

State Farm is the best company for cheap full-coverage car insurance in Colorado Springs, too, offering an average rate of $107 a month.

Again, Progressive, USAA, GEICO and Allstate are other great options for cheap rates. All four companies have average rates for full coverage that are cheaper than the city average of $184 a month.

Cheapest full-coverage car insurance companies in Colorado Springs
Company Monthly rate
State Farm $107
Progressive $133
USAA $138
GEICO $152
Allstate $162
Farmers $246
American Family $249
Nationwide $284
City average $184
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Minimum car insurance includes bodily injury and property damage liability coverage in Colorado Springs.

Full-coverage car insurance, on the other hand, includes collision and comprehensive coverages in additional to liability coverage. Colorado state law doesn’t require full-coverage car insurance, but you might need to buy it anyway if you financed or leased your vehicle. Even if it’s not required, consider getting a full-coverage policy if your vehicle is new or expensive.

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Cheapest car insurance for drivers with a DUI in Colorado Springs

For cheap car insurance in Colorado Springs with a DUI on your record, go to State Farm, which offers an average rate of $117 a month to such drivers.

Progressive is another great option for drivers with a DUI who want cheap car insurance, with an average rate of $161 a month.

Cheapest car insurance for Colorado Springs drivers after a DUI
Company Monthly rate
State Farm $117
Progressive $161
Allstate $215
GEICO $284
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest car insurance for drivers with tickets or accidents in Colorado Springs

State Farm offers the cheapest car insurance rates to Colorado Springs drivers with accidents or speeding tickets on their records.

At $126 a month, State Farm’s average full-coverage car insurance rate for drivers with an accident on their records is the cheapest in Colorado Springs. Progressive and USAA also have average rates that are cheaper than the city average of $282 a month, as does Allstate.

Cheapest car insurance for Colorado Springs drivers with an accident
Company Monthly rate
State Farm $126
Progressive $201
USAA $202
Allstate $253
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

State Farm has the cheapest car insurance rates in Colorado Springs for drivers with a speeding ticket on their records, too, charging an average of $117 a month.

Cheapest car insurance for Colorado Springs drivers with a speeding ticket
Company Monthly rate
State Farm $117
USAA $174
Progressive $175
Allstate $179
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

If you have a speeding ticket on your driving record, don’t only get a quote from State Farm. Compare rates with Allstate, Progressive and USAA, too, if you’re eligible. (Only members of the military and certain relatives qualify.) All three companies offer rates that are well below the Colorado Springs average of $233 for such coverage.

What are the cheapest car insurance companies for teens in Colorado Springs?

Teen drivers in Colorado Springs who want cheap car insurance should get a quote from State Farm, which has the cheapest rates in the city at $276 a month for a minimum-coverage policy.

USAA’s average minimum-coverage car insurance rate for Colorado Springs teens is pretty cheap, too, at $297 a month, though you must have ties to the military to qualify.

Cheapest minimum-coverage car insurance for teens in Colorado Springs
Company Monthly rate
State Farm $276
USAA $297
GEICO $343
Allstate $409
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

If you’re a Colorado Springs teen and you want cheap full-coverage car insurance, go to State Farm, which offers an average rate of $319 a month. This is nearly half the city average of $637 a month for such policies.

Cheapest full-coverage car insurance for teens in Colorado Springs
Company Monthly rate
State Farm $319
USAA $327
GEICO $437
Allstate $464
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Teen drivers almost always pay more for car insurance than their older counterparts. Insurance companies charge teens more for car insurance because they’re more likely to cause accidents.

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What are the cheapest car insurance companies for seniors in Colorado Springs?

State Farm has the cheapest car insurance rates for Colorado Springs seniors who want minimum-coverage policies, charging an average of $88 a month.

Progressive also offers cheap minimum-coverage car insurance to the city’s senior drivers at an average rate of $107 a month.

Cheapest minimum-coverage car insurance for seniors in Colorado Springs
Company Monthly rate
State Farm $88
Progressive $107
GEICO $116
USAA $121
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

On average, seniors in Colorado Springs pay $148 a month for state-minimum car insurance.

State Farm is the best car insurance company for Colorado Springs seniors who want full-coverage policies, too, charging an average rate of $99 a month.

To get your best and cheapest rate, compare car insurance quotes with GEICO, Progressive and USAA as well. All three offer average rates that are cheaper than the city average of $164 a month.

Cheapest full-coverage car insurance for seniors in Colorado Springs
Company Monthly rate
State Farm $99
Progressive $123
USAA $131
GEICO $140
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Seniors usually pay cheaper car insurance rates than younger drivers do because of their experience on the road. Still, what you pay for car insurance is based on more than your age. If you have speeding tickets, accidents or DUIs on your driving record, you’ll pay more for car insurance than you would if you had a clean driving record.

Colorado Springs car insurance requirements

Colorado law requires drivers in Colorado Springs — and elsewhere in the state — to have at least 25/50/15 liability coverage. This means all car insurance policies must include:

  • Bodily injury liability (BIL) limits of $25,000 per person and $50,000 per accident
  • Property damage liability (PDL) limits of $15,000 per accident

State law does not require you to have collision or comprehensive car insurance coverage, but you may still need to buy it if you finance or lease your car.

Frequently asked questions about car insurance in Colorado Springs

How much is car insurance in Colorado Springs?

The average cost of car insurance in Colorado Springs is $166 a month for a minimum-coverage policy. Full-coverage car insurance policies in Colorado Springs cost $184 a month, on average.

How much car insurance do I need in Colorado Springs?

To drive legally in Colorado Springs, you need at least $25,000 of BIL coverage per person, $50,000 of BIL per accident and $15,000 of PDL per accident.

How can I get cheap car insurance in Colorado Springs?

To find cheap auto insurance in Colorado Springs, get a quote from State Farm, which offers the cheapest minimum-coverage and full-coverage rates in the city at $95 a month and $107 a month, respectively.

Progressive also offers cheap car insurance to Colorado Springs drivers, so compare rates with it as well as State Farm to get your best price on a policy.

Methodology

We obtained non-binding quotes from Quadrant Information Services for a typical driver in every Colorado Springs ZIP code to find the cheapest car insurance companies and rates. Unless otherwise noted, the driver is a 35-year-old male with a clean driving record. He owns a 2012 Honda Accord LX and drives an average 13,500 miles a year.

The teen driver in this article is 18 years old but otherwise fits the same profile as the 35-year-old driver above. The same is true of our senior driver, who is 60.

Minimum-coverage car insurance rates highlighted on this page are based on a policy that meets Colorado’s minimum liability requirements. Full-coverage rates are based on a policy with the following limits and deductibles:

  • $100,000 bodily injury liability coverage per person
  • $300,000 bodily injury liability coverage per accident
  • $100,000 property damage liability coverage
  • $500 deductibles for both collision and comprehensive coverage

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