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

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

Zimlon, through its research, found that car owners in Golden, 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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Best Car Insurance Rates in Golden, CO

Golden, CO, is a great place to find affordable car insurance. The average cost of car insurance in Golden, CO, is $1,230. Many insurance companies offer competitive rates in Golden, which is a great place to shop for the best deal. There are a few things to keep in mind when shopping for car insurance in Golden:

  1. Make sure to get quotes from multiple companies. Golden is a competitive market for car insurance, so it is important to shop around.

  2. Be sure to ask about discounts. Many insurance companies offer discounts for safe drivers, good students, and more.

  3. Make sure to read the fine print and understand the coverage you are getting.

This article lists a few factors that affect car insurance prices in Golden, Colorado. Consider these factors when you are buying auto insurance. 

Credit History

Auto insurance companies in Golden, CO, use credit information to price auto insurance rates. Your credit history reflects your financial responsibility, and insurers use it to help predict the likelihood that you will file a future claim. A clean credit history typically leads to lower auto insurance rates, while a history of credit problems can lead to higher rates. For instance, in Golden, Colorado, car owners with exceptional credit scores have to pay $1,055, while those with poor or no credit must pay $2006. As a result, car owners in Golden, CO, who wish to qualify for savings on their auto insurance must keep a good credit score.

Age of the Driver

Car insurance rates in Golden, CO, are determined by the driver's age. The younger the driver, the higher the rates. The older the driver, the lower the rates. This is because younger drivers are considered to be a higher risk than older drivers. Insurance companies charge higher rates to offset the risk of accidents and claims. For instance, Teenage drivers in Golden, Colorado, spend $3,991 for auto insurance, whereas older drivers in the same city aged 40 pay $1,171.

Driving Habits

When looking for car insurance in Golden, CO, your driving history will play a large role in your quoted rates. If you have a clean driving record, you can expect to pay less for your insurance than someone with multiple accidents or speeding tickets. Insurance companies use your driving history to predict how likely you are to have an accident, and those with a history of accidents are considered a higher risk and are charged higher rates. For instance, in Golden, Colorado, drivers who run red lights or drive with an expired registration will see an increase in their vehicle insurance prices of +$287 and +$829, respectively.

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

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

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

Golden Applewood Genesee Fairmount West Pleasant View Coal Creek
Average Insurance Rates $1,230 $1,908 $2,045 $1,909 $1,801 $1,863

Golden, 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 Golden, 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)
Golden $1,928 $1,629
Fairmount $1,711 $1,445
Genesee $1,509 $1,275
West Pleasant View $2,079 $1,756
Coal Creek $1,920 $1,622
Applewood $1,859 $1,570
Floyd Hill $1,683 $1,422
Arvada $1,230 $1,039

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

Teenagers in Golden, 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 $3,991
20 Years $1,580
30 Years $1,217
40 Years $1,171
50 Years $1,085
60 Years $1,100
70 Years $1,280

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

Car owners in Golden, 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 $2,165 $295
3 Vehicles $3,247 $443
4 Vehicles $4,330 $590

Savings on 2 Vehicles bundle:$295

Savings on 3 Vehicles bundle:$443

Savings on 4 Vehicles bundle:$590

Golden, 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 Golden, CO.

Location Average Insurance Cost Post DUI Insurance Rate
Golden $1,230 $1,859
Fairmount $1,909 $2,885
Genesee $2,045 $3,091
West Pleasant View $1,801 $2,722
Coal Creek $1,863 $2,816
Applewood $1,908 $2,884
Floyd Hill $1,888 $2,854
Arvada $1,833 $2,771

Golden, 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) $1,055
Excellent (740-799) $1,205
Good (670-739) $1,282
Average (580-669) $1,672
Poor (300-579) $2,006

Golden, 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 +$54 $1,284
Driver's Failure In Showing Documents +$119 $1,349
Driving With An Expired Registration +$127 $1,357
Driving At A Considerably Slow Pace +$267 $1,497
Using A Cellphone While Driving +$282 $1,512
Running A Red Light +$287 $1,517
Speeding +$301 $1,531
Driving A Vehicle Without The Required Permission +$383 $1,613
Driving With An Expired/Suspended License +$829 $2,059

Golden, 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 $1,181
Active Disabling Device $1,181
Tracking Device $1,156
Passive Disabling Device $1,144

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

State Farm
Luckily I didn't have to pay a deductible, because my fender bender was so tiny winy, I think I just paid like $40 for the damage, and my rate didn't go up when I bumped the guy's bumper.
The deductible of my current plan is leaps and bounds better than the competitors. Even with a simple fender bender, Esurance covers 100% of the damages due to a great deductible.