Aurora, CO Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Aurora, CO, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Factors Influencing the Cost of Car Insurance in Aurora, CO
The average cost of auto insurance in Aurora, CO, is $1,372. This is much lower than the cost of insurance in neighboring places such as Cherry Creek, Aetna Estates, Watkins, North Aurora, and Dove Valley. Several factors can affect the cost of auto insurance in Aurora. A thorough comparison of different auto insurance quotes will help car owners in obtaining an insurance quote that best suits their coverage needs. Zimlon also offers the option of keying in one’s zip code to get accurate auto insurance quotes.
Some of the factors that could increase the cost of auto insurance are as follows:
Age of the Driver:
The age of the driver is an important factor in determining the cost of auto insurance in Aurora, CO. The average cost of auto insurance for teenagers here is a massive $4,452. This is 4 times the amount paid by a 50-year-old. A 60-year-old driver pays only $1,210, while a 50-year-old pays $1,210. The cost of auto insurance decreases with the increase in the driving experience, with teenagers paying the most in almost every city in the country. Auto insurance could be expensive if one is an inexperienced driver.
Deductibles:
This is one of the most common factors influencing the cost of auto insurance in Aurora, CO. A low deductible ($500) usually translates to an increase in the cost of auto insurance while a high deductible ($1,000) translates to a decrease in the cost of auto insurance.
DUI:
DUIs can prove to be extremely expensive to car owners in every city of the country. This can have a lasting impact on insurance rates as well. The cost of auto insurance post-DUI in Aurora can be as high as $2,074. This is a $700 increase from the average rate of auto insurance.
Credit Score:
A low credit score could also mean an increase in the cost of auto insurance. The cost of auto insurance when the credit score is “poor” or “average” is as high as $2,238 and $1,865, respectively.
Driving Violations:
Driving Violations such as driving with an expired license or speeding can also have a severe impact on the cost of auto insurance in Aurora, CO. Mainly because it increases the amount of risk being covered by insurers. Following the violations mentioned above, the cost of auto insurance can jump up to $2,297 and $1,708, respectively.
Other factors that could make auto insurance expensive include not having anti-theft equipment. Comparing quotes is of utmost importance to reduce the cost of auto insurance in the city.
Car insurance rates in Aurora, CO, differ by $260 among the top 4 companies
Zimlon’s analysis of the 2016 NAIC report found that car insurance premium rates can vary up to $260 between the median and the cheapest prices in Aurora, Colorado. The four companies with the highest market share according to the report are: State Farm Mutual Automobile Insurance Company, American Family Insurance Company, Progressive Preferred Insurance Company and Farmers Alliance Mutual Insurance Company. The biggest saves are for 68-year-old married females, who spend $260 less than the median rate, for investing in Progressive Preferred Insurance Company. The next biggest save for this cohort of drivers is made by buying insurance premium from Farmers Alliance Mutual Insurance Company, at $37 more than the median.
The vehicle chosen for the study is a 2012 Ford Fusion S FWD, 2.5 liter Duratec L4 Engine, 6-speed. The comprehensive collision deductible chosen is $500. The underinsured motorist per occurrence limit chosen is $50,000/$100,000/$300,000. The uninsured motorist per person limit chosen is $25,000/$50,000/$100,000. The property damage limit chosen is $15,000. The bodily injury per occurrence limit chose is $50,000/$100,000/$300,000. The bodily injury per person limit chosen is $25,000/$50,000/$100,000. All the driver segments analyzed had a driving record of no accidents or traffic convictions in the past 3 years, driving 10-15 miles to work each way.
The following table shows the 7 car insurance segments analyzed, the median premium rate for each segment, and the premiums charged by companies with the highest market share, in Aurora, CO. The figures reflect the difference between the premium values for respective companies, with the median premium value for the cohort. The boxes in light red reflect values that are higher than the median, and the ones in light green reflect values lower than the median.
| Cohort | Median | State Farm Mutual Insurance Company | American Family Insurance Company | Progressive Preferred Insurance Company | Farmers Alliance Mutual Insurance Company |
|---|---|---|---|---|---|
| 35-year-old married males | $1865 | $203 | $423 | $258 | $177 |
| 68-year-old married females | $2126 | $363 | $343 | $260 | $37 |
| 21-year-old single males | $950 | $112 | $153 | $131 | $159 |
| 21-year-old single females | $1105 | $184 | $72 | $27 | $127 |
State Farm Mutual Insurance Company: The premiums offered by this company are generally on the higher side of the median. The highest premium rate is for the 68-year-old married females’ cohort, at $363 more than the median. The least is for 21-year-old single females, at $112 more than the median.
American Family Insurance Company: The cheapest premiums offered by this company are for 21-year-old single females, at $72 more than the median. The most expensive are for 35-year-old married males, at $423 more than the median.
Progressive Preferred Insurance Company: As discussed above the cheapest premiums offered by this company at $260 less than the median, are for 68-year-old married females. The second cheapest are at $258, offered for 35-year-old married males.
Farmers Alliance Mutual Insurance Company: The cheapest premiums at $37 more than the median are offered for the 68-year-old married females’ cohort. This is followed by the cohort of 21-year-old single females at $127 more than the median.
The following chart compares car insurance premium rates of the four companies with the highest market share in Aurora, CO.
Factors that can influence the cost of car insurance in Aurora, CO are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Aurora, CO Auto Insurance Rates
- Aurora, CO Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Aurora, CO
- Multi Vehicle Insurance Savings in Aurora, CO
- How Credit Score Affects Car Insurance Rates in Aurora, CO
- How DUI Affects Auto Insurance Premiums in Aurora, CO
- How Driving Violations Affect Auto Insurance Rates in Aurora, CO
- Aurora, CO Auto Insurance Discounts on Anti Theft Feature
- Aurora, CO Auto Insurance Company Reviews
Aurora, CO Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Aurora, CO with that of other cities in and around Aurora.
| Aurora | Cherry Creek | Aetna Estates | Watkins | North Aurora | Dove Valley | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,372 | $1,990 | $1,663 | $1,924 | $1,739 | $1,782 |
Aurora, CO Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Aurora, CO based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Aurora | $1,657 | $1,400 |
| Aetna Estates | $1,532 | $1,294 |
| South Aurora | $1,077 | $910 |
| Watkins | $1,958 | $1,654 |
| North Aurora | $1,061 | $896 |
| Foxfield | $2,011 | $1,698 |
| Dove Valley | $1,613 | $1,362 |
| Cherry Creek | $1,884 | $1,591 |
Aurora, CO Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Aurora, CO usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $4,452 |
| 20 Years | $1,763 |
| 30 Years | $1,358 |
| 40 Years | $1,306 |
| 50 Years | $1,210 |
| 60 Years | $1,227 |
| 70 Years | $1,428 |
Aurora, CO Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Aurora, CO can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,332 | $412 |
| 3 Vehicles | $3,499 | $617 |
| 4 Vehicles | $4,665 | $823 |
Savings on 2 Vehicles bundle:$412
Savings on 3 Vehicles bundle:$617
Savings on 4 Vehicles bundle:$823
Aurora, CO Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Aurora, CO.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Aurora | $1,372 | $2,074 |
| Aetna Estates | $1,663 | $2,514 |
| South Aurora | $1,795 | $2,713 |
| Watkins | $1,924 | $2,908 |
| North Aurora | $1,739 | $2,628 |
| Foxfield | $2,027 | $3,064 |
| Dove Valley | $1,782 | $2,693 |
| Cherry Creek | $1,990 | $3,008 |
Aurora, CO Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,177 |
| Excellent (740-799) | $1,344 |
| Good (670-739) | $1,430 |
| Average (580-669) | $1,865 |
| Poor (300-579) | $2,238 |
Aurora, CO Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$60 | $1,432 |
| Driver's Failure In Showing Documents | +$133 | $1,505 |
| Driving With An Expired Registration | +$141 | $1,513 |
| Driving At A Considerably Slow Pace | +$298 | $1,670 |
| Using A Cellphone While Driving | +$314 | $1,686 |
| Running A Red Light | +$320 | $1,692 |
| Speeding | +$336 | $1,708 |
| Driving A Vehicle Without The Required Permission | +$427 | $1,799 |
| Driving With An Expired/Suspended License | +$925 | $2,297 |
Aurora, CO Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,317 |
| Active Disabling Device | $1,317 |
| Tracking Device | $1,290 |
| Passive Disabling Device | $1,276 |
Latest Auto Insurance Reviews in Aurora, CO | Back to Top
UsaaUSAA Auto Insurance is also cost effective, especially when paired with their other products, (banking and home insurance = more saving). Easy to look up the coverage options and make changes without a hassle.
ProgressiveThey are cheap and provide just the basics which is great for someone on a budget.They have other options for a little more coverage but even then seem cheaper than other insurance companies.
AaaI believe compared with other providers aaa has a lot of different types of car coverage to choose from. I have not had to make a claim yet in the five years I have been with them.
UsaaGreat rates for whatever coverage you might need. There is no pressure, you can manage your policy online if changes need to be made and the the also provide discounts that add to the overall great rate.
TravelersI have my car insurance with Travelers and their premium and deductible are fair. They seem to have rates that are just a little bit cheaper than most insurance companies.
UsaaUSAA offers comparable car insurance to other companies. I have had a few accidents and have always had accident forgiveness. Other companies usually only allow 1 accident.
UsaaUSAA offers comparable car insurance to other companies. I have had a few accidents and have always had accident forgiveness. Other companies usually only allow 1 accident.
ProgressiveI switched to Progressive as their quoted rates were three hundred dollars a year lower, and I got the additional seven percent discount from the plug in device.
State FarmMy father started us off with the company. I continued it maybe out of habit. But shopping around, their prices for fill coverage seemed better than the others.
TravelersMy policy has $500 deductible, standard coverage for liability and collision and theft. I simply call in a claim, and it's useful if I used my cellphone to capture some pictures.
TravelersI have an app I can go on to access my account. My agent is easy to get in touch with. I can call the number on my card or visit their website.
UsaaWhat can I say? They advertise a lot and are there to sell the product. But they will turn there back on you if you make a mistake. I wonder how they can be so bad and stay in business.
AllstateI think they could have a better payout for the price and faster service