Best Cheap Car Insurance in Colorado Springs – Bankrate.com | CarTailz

Richard Bittles/Getty Images

In Colorado Springs, the average cost of auto insurance is $518 for minimum coverage and $2,132 for full coverage per year, or about $178 per month. Although minimum coverage in Colorado Springs is slightly lower than the national average cost of auto insurance, which is $545 per year, the full coverage rate is higher than the $1,771 per year national average.

With higher rates in Olympic City USA, drivers can seek the best cheap auto insurance rates. After extensive research, Bankrate found that the cheapest auto insurance companies in Colorado Springs are Geico, USAA, and State Farm. By learning about the best cheap carriers and how to find and keep cheap car insurance in Colorado Springs, you may be able to find the most affordable rates for your insurance needs.

Best cheap car insurance in Colorado Springs

Bankrate’s picks for the top three cheap auto insurance companies in Colorado Springs are Geico, State Farm and USAA, according to data from Quadrant Information Services. Buyers can use the table below to narrow down their choices for the best carrier. In addition to the annually noted awards, ratings from third-party providers, such as B. the JD Power Auto Insurance Study 2022, used to determine our selection. These are calculated along with other factors such as coverage options, discounts, financial strength and online and mobile accessibility to determine the Bankrate Score. The Bankrate Score is based on a five-point scale, with a Bankrate Score of 5.0 reserved for companies that excel in all categories.

geiko 4.7 827/1,000 $1,222 $265
USAA 5 856/1,000 $1,353 $309
district farm 4.7 848/1,000 $1,580 $449
nationwide 4.4 Not rated $1,595 $463
insurance 4.2 Not rated $1,956 $703

* Not officially rated with JD Power due to eligibility restrictions

geiko

Colorado Springs drivers can consider Geico for great rates. The airline offers some of the cheapest fares for minimum and full coverage. In addition to standard auto insurance coverage, Geico also offers roadside assistance, rental refunds, and mechanical breakdown coverage. Geico matches the Southwest industry average for customer satisfaction with auto insurance. However, Geico may not be the best choice if you need more specialized coverage, such as B. a pet accident or gap insurance.

Learn more: Geico insurance review

USAA

With a perfect bank rate score and below-average minimum and full coverage rates, USAA is another option to consider. Unfortunately, this airline is only available to current and former service members and their immediate families, which is why it does not qualify for the rank in the JD Power study either, despite having the highest score. It also lacks coverage options, with only rental refund and roadside assistance offered as add-ons.

Learn more: USAA Insurance Review

district farm

State Farm is the #1 choice in the Southwest region and has the highest customer satisfaction rating for auto insurance. Although the airline may not offer the cheapest fares of all our airlines, their average full and minimum coverage fares are still below the national average. State Farm offers ridesharing insurance, which may be helpful for some drivers in Colorado Springs. But you won’t find as many discount opportunities with State Farm as with other airlines.

Learn more: State Farm Insurance Review

nationwide

Nationwide offers several ways to personalize your auto insurance with coverage options such as gap insurance, towing and labor, vanishing deductible and total loss deductible waiver. Colorado drivers may also be able to save with discounts like multiple policies, automatic payments, and a safe driver. Nationwide does not rank in the Southwest region for customer satisfaction, which may not make this airline a good fit for all drivers in Colorado Springs.

Learn more: Nationwide insurance audit

insurance

Owned by Allstate, Esurance is another choice for drivers in Colorado Springs, although minimum coverage rates can be slightly higher on average. It has a powerful digital presence, including a mobile app for policy and claims management, so it may suit those who prefer an online experience. Esurance offers some optional types of coverage, such as car rental, roadside assistance, and gap insurance. However, it does not rank in the Southwest region and has the lowest Bankrate Score on our list.

Learn more: Esurance insurance review

How to get and keep the cheapest car insurance in Colorado Springs

Knowing how to get and keep the cheapest auto insurance in Colorado Springs and other states can help you get the most competitive rates without sacrificing coverage. To get the cheapest prices, keep these tips in mind:

  • Compare company offers. Once you’ve identified the coverage options that meet your needs, you can obtain multiple comparison quotes to get the most affordable car insurance rates. It can be worth speaking to an insurance agent if you’re not sure what types of coverage you need, so you only pay for what you actually need.
  • Practice safe driving habits. To keep your cheap prices in Colorado Springs, avoid tickets and culpable accidents. This entitles you to Safe Driving Discounts and Accident Forgiveness, which protects fares if you cause an accident. You can also consider your carrier’s telematics programs, which monitor your trips and reward safe driving.

frequently asked Questions

Leave a Comment