Denver Auto Insurance Rates, Quotes, Agents & Reviews in CO

Denver, CO Auto Insurance Rates, Quotes, Agents & Reviews

Zimlon, through its research, found that car owners in Denver, 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.

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Car insurance rates differ by $535 between the cheapest and most expensive companies in Denver, Colorado

Zimlon recently conducted an analysis of car insurance premiums for Denver, Colorado, and found that consumers can save between $617 and $1,152 depending on the companies they choose. The greatest difference between the cheapest and median car insurance prices is for 21-year-old single males, at $1,152. The cheapest car insurance policy for this cohort is offered by Privilege Underwriters Reciprocal Exchange, at $948, while the median policy comes from Horace Mann Property and Casualty Company, at $8,513. For this analysis, Zimlon used data published by the Colorado Department of Regulatory Agencies Division of Insurance.

The vehicle chosen for this analysis is a 2012 Ford Fusion S FWD, 2.5 liter Duratec L4 Engine, 6-speed car. 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 driver cohorts analyzed had a driving record of no accidents or traffic convictions in the past 3 years, driving 10–15 miles to work each way.

For 21-year-old single females the cheapest premium offered is by Privilege Underwriters Reciprocal Exchange, at $763. The difference between this price and the median rate for this cohort stands at a significant amount, at $1,137. For 35-year-old married males this difference is $719. Once again, Privilege Underwriters Reciprocal Exchange offers the cheapest rate for this cohort, at $408.

For 21-year-old single males the most expensive premium is offered by American Hallmark Insurance Company, at $8,349. Consumers can save up to $6,249 by buying a median-priced premium at $2,100. The savings are noteworthy.

Privilege Underwriter Reciprocal Exchange offers the cheapest premiums for all four of the cohorts analyzed in Denver, Colorado. LM Insurance Corporation offers the most expensive rates in three of the four driver cohorts. The former company offers prices starting at $382 and ranging up to $948, based on driver background and history. The price of premiums offered by the latter company range from $3,741 to $8,349.

The following graph shows a comparison of premiums across companies for Denver, Colorado.

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The following table compares the car insurance premiums for key companies in Denver, Colorado, along with the names of the companies and the differences between the median and cheapest or most expensive rates.

Cohort Cheapest Car Insurance Companies in Denver, CO Second Cheapest Car Insurance Companies in Denver, OK Median Car Insurance Companies in Denver, CO Second Most Expensive Car Insurance Companies in Denver, CO Most Expensive Car Insurance Companies in Denver, CO Difference b/w Cheapest and Median Prices Difference in Price from Most Expensive to Median Prices
68-year-old married females Privilege Underwriters Reciprocal Exchange ($382) Shelter General Insurance Company ($419) Federal Ins Co ($999) LM Insurance Corporation ($3,196) LM Insurance Corporation ($3,741) $617 $2,742
35-year-old married males Privilege Underwriters Reciprocal Exchange ($408) Shelter General Insurance Company ($413) ANPAC ($1,127) LM Insurance Corporation ($3,649) LM Insurance Corporation ($4,181) $719 $3,054
21-year-old single females Privilege Underwriters Reciprocal Exchange ($763) Progressive Direct Insurance Company ($1,008) Response Insurance Company ($1,900) American Hallmark Insurance Company ($6,633) LM Insurance Corporation ($6,861) $1,137 $4,961
21-years-old single males Privilege Underwriters Reciprocal Exchange ($948) Progressive Direct Insurance Company ($1,008) Horace Mann Property & Casualty Insurance Company ($2,100) American Hallmark Insurance Company ($8,285) American Hallmark Insurance Company ($8,349) $1,152 $6,249

Factors that can influence the cost of car insurance in Denver, 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.


Denver, CO Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top

The following table compares the cost of insurance in Denver, CO with that of other cities in and around Denver.

Denver Welby Derby Twin Lakes Holly Hills North Washington
Average Insurance Rates $1,306 $1,745 $1,722 $1,775 $1,869 $1,869

Denver, 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 Denver, 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)
Denver County $1,902 $1,607
Denver $1,319 $1,114
Glendale $1,340 $1,132
Derby $1,436 $1,213
North Washington $1,925 $1,626
Holly Hills $1,318 $1,114
Welby $1,838 $1,552
Twin Lakes $3,007 $2,540

Denver, CO Auto Insurance Rates Based on the Age of the Driver | Back to Top

Teenagers in Denver, 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 $4,238
20 Years $1,678
30 Years $1,293
40 Years $1,244
50 Years $1,152
60 Years $1,168
70 Years $1,359

Denver, CO Car Insurance Discounts for Multi-Car Insurance | Back to Top

Car owners in Denver, 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 $2,246 $366
3 Vehicles $3,369 $549
4 Vehicles $4,493 $731

Savings on 2 Vehicles bundle:$366

Savings on 3 Vehicles bundle:$549

Savings on 4 Vehicles bundle:$731


Denver, 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 Denver, CO.

Location Average Insurance Cost Post DUI Insurance Rate
Denver County $1,281 $1,936
Denver $1,306 $1,974
Glendale $1,752 $2,648
Derby $1,722 $2,603
North Washington $1,869 $2,825
Holly Hills $1,869 $2,825
Welby $1,745 $2,638
Twin Lakes $1,775 $2,683

Denver, 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) $1,121
Excellent (740-799) $1,279
Good (670-739) $1,361
Average (580-669) $1,775
Poor (300-579) $2,130

Denver, 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 +$57 $1,363
Driver's Failure In Showing Documents +$127 $1,433
Driving With An Expired Registration +$135 $1,441
Driving At A Considerably Slow Pace +$283 $1,589
Using A Cellphone While Driving +$299 $1,605
Running A Red Light +$304 $1,610
Speeding +$320 $1,626
Driving A Vehicle Without The Required Permission +$406 $1,712
Driving With An Expired/Suspended License +$880 $2,186

Denver, 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 $1,254
Active Disabling Device $1,254
Tracking Device $1,228
Passive Disabling Device $1,215

Latest Auto Insurance Reviews in Denver, CO | Back to Top

Usaa
Before I had used Geico, and they were OK, but switching to USAA has made all the difference. My rates are lower and the customer service is the best
Allstate
Great company not only good for home but also auto insurance as well they offer coverage all the way around on any scale with great quality and accuracy of service
Travelers
Our deductible is also standard. We had options and we chose one that we thought was appropriate for us and our needs. I am glad that they offer options because it offers flexibility.
Usaa
The are always quick to answer phone call or email and they are very polite so I am satisfied with the support.
Usaa
The diversified companies that make up USAA are leading providers of financial planning, insurance, investments and banking for the military community. ... Because of our demonstrated financial strength, we're one of only a handful of organizations to which the national credit rating ...
Usaa
I think that the costs are very reasonable. My son is a new driver and even the cheapest insurance providers on the market only beat USAA by about 10 dollars a month.
Nationwide
My insurance company is extremely accessible, and my insurance agent is friendly, helpful, and courteous. I have never had a problem contacting them when I need to.
Usaa
I have never had a bad interaction with USAA for my insurance needs. They are always quick to answer questions. I cant say there is one thing i dislike about them.
Liberty Mutual
the company is quite reliable with its customers, in addition its prices are profitable and fit my budget, they are always aware of my car if I need them, I am happy to belong to this insurance because I have been great I feel quiet and comfortabler
Nationwide
My auto insurance company offers automatic payments which is great to make sure that I never miss a payment. They also offer roadside assistance which a lot of companies only offer at an additional fee.
Usaa
I would like to be able to talk to someone in person from time to time. I haven't found it to me a MAJOR inconvenience.
Allstate
I think they have good customer support. However, I have a local agent and when I called to make a claim, I was routed to someone at the national office of the company, located in another state. So I felt that this was a little impersonal.
Liberty Mutual
I think my premiums are very high but I have called around for quotes from other providers but I thought they were also high. For the same coverage, they were a little cheaper than Liberty Mutual but I did not feel like I could save enough to make it worth the while to switch. I do however plan to check around again when my vehicle is paid off in the next couple of months. I will get some quotes on liability only.
Usaa
It is lower than most companies and has great service and great coverage. The website makes it easy to make changes.