Best Auto Insurance Rates in Colorado Springs, Colorado

On average your neighbors pay $71 a month

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Dubbed Olympic City USA, Colorado Springs, CO is home to the U.S. Olympic training facility and will be the home of the planned US Olympic Museum. Not only are the athletes of this city the best, US News & World Report ranked Colorado Springs the number five best place to live in the US. Residents of one of the country's best places to live should also have affordable car insurance rates.

Average Colorado Springs Car Insurance Rates

How much is car insurance in Colorado Springs, CO? The average cost of auto insurance in Colorado is $857.44 per year. The national average cost is $889.01.

Prices will vary depending on a driver’s history 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 consumers compare quotes from both national companies and local independent agents. Comparing quotes can help you find cheap car insurance rates near Colorado Springs, Colorado and save up to 40% on your premium.

Last year, 12,872 people used QuoteWizard to compare car insurance quotes in Colorado Springs, CO from multiple companies to find the cheapest rates.

Best Car Insurance Companies in Colorado Springs, CO

This is our list of the most common car insurance companies reported by QuoteWizard users living in Colorado Springs, Colorado last year when they requested a quote.

Top 10 Vehicles Colorado

These are the most common car makes and models owned by Colorado Springs, CO drivers requesting quotes through QuoteWizard last year.

  1. Ford F150
  2. Chevrolet Blazer
  3. Honda Accord EX/LX
  4. Ford Ranger
  5. Ford Explorer
  6. Jeep Grand Cherokee Limited
  7. Jeep Grand Cherokee Laredo
  8. Honda Civic EX
  9. Chevrolet Cavalier
  10. Honda CR-V EX
Get a quote for your vehicle. Request Quote Get a Quote For Your Vehicle

Minimum Car Insurance Requirements in Colorado Springs, CO

Drivers in Colorado Springs, CO are required to carry minimum liability coverage requirement 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.

Colorado Springs Drivers

According to Allstate Insurance's America's Best Drivers Report, Colorado Springs, Colorado was ranked 26th of 200 cities. While most US drivers go ten years without having an accident, drivers here are involved in crashes every 12.5 years.

Colorado Springs drivers saved up to $383 on their car insurance policies by comparing rates through our simple form.
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Driving Conditions

Insurance rates are influenced by the weather and road conditions.

Weather

Colorado Springs has a cold, dry climate. Summers are comfortable with low humidity. Typical July high temperatures are around 85 degrees on average. Colorado Springs has 243 sunny days per year on average. The winters here can be get cold with temperatures as low as 16 degrees in January. Average rainfall is only 16.51 inches a year but, thanks to its high elevation, Colorado Springs receives 37.8 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. Colorado Springs ranked 72n for yearly traffic delays. According to Inrix, commuters wasted 35 hours and 17 gallons of gas due to traffic congestion last year, costing commuters $772 annually.

Moving Violations

Moving violations including speeding tickets and accidents can increase your rates when points are added to your driver's license. Too many points on your license will designate you as a high-risk driver. If that happens, your insurance rates will ride sharply.

Traffic Tickets

The City of Colorado Springs Municipal Court website allows you to make payments, and provides important court information.

Colorado Springs Municipal Court filed 32,606 traffic cases in 2014. This is a 31.6% increase from the 24,774 traffic cases filed in 2013.

DUI and DUID Arrests

Colorado Springs Police made 1,718 arrests for suspicion of driving under the influence in 2014. A five percent decrease compared to 2013 when 1,811 motorists were arrested for DUI.

SR-22 DUI 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 agents from top companies that specialize in Colorado Springs DUI/DWAI insurance.

Traffic Fatalities

Colorado Springs had 34 traffic fatalities in 2013. This came out to a fatality rate of .68. With Colorado Springs’ estimated population of 439,886, this is a safe US city in terms of traffic fatalities.

Vehicle Theft Rates

Colorado Springs reported 1,729 vehicle thefts in 2016. This is a rate of 3.79 for every 1,000 residents. It's well above the national average theft rate of 2.20 per 1,000.

Save With Car Insurance Discounts

Are you looking for cheap car insurance? Discounts are a great way to lower your insurance rates. These are some of the many auto insurance discounts available to Colorado Springs drivers. Get a quote and find out which discounts you may qualify for with your current or multiple insurance companies.

  1. Drivers 55 and older can get the senior discount or the 55 and retired discount
  2. Get a new car. You might qualify for the new car discount offered by many insurance carriers. If the car has safety features like electronic stability control or anti-lock brakes, you may receive further discounts
  3. Remove full comprehensive coverage from your policy
  4. Have good credit. If your credit rating has recently improved, get a quote. You may find yourself paying a smaller premium
  5. Keep your driving record clean. Remaining ticket and accident free may qualify you for a discount
  6. Live in a safe neighborhood with low crime. If you live in a zip code where people file lots of claims due to break-ins or accidents, expect to pay more for coverage
  7. Drive less by living close to work and you might qualify for the low mileage discount
  8. Bundle your auto policy with your homeowners or renters insurance. Bundling your policies under one carrier can lower your premium by as much as 15%
  9. Keep your school grades up and qualify for the good student discount
  10. Shop around and compare cheap auto insurance quotes in Colorado Springs

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