Our content editors always give us grief that when writing about auto insurance, the words “cheap” or “affordable” should not appear anywhere in the article as a descriptor for car insurance rates. It’s just reality that cheap auto insurance for government employees is not easy to find. Don’t let that get you down, though, because we are going to tell you how you can find and buy coverage that you can afford.
Determining which companies have the best auto insurance rates for government employees will take a bit more work than just getting one or two price quotes.
Each insurance company has a proprietary formula for establishing rates, so let’s rank the lowest cost auto insurance companies in Colorado.
Best Insurance Companies in Colorado
Rank | Company | Cost Per Year |
---|---|---|
1 | The Hartford | $825 |
2 | Grange | $987 |
3 | USAA | $1,009 |
4 | Nationwide | $1,109 |
5 | GEICO | $1,152 |
6 | Travelers | $1,171 |
7 | Auto-Owners | $1,192 |
8 | State Farm | $1,209 |
9 | American Family | $1,275 |
10 | Progressive | $1,336 |
11 | Amica | $1,340 |
12 | California Casualty | $1,444 |
13 | Allied | $1,497 |
14 | Farmers | $1,565 |
15 | Colorado Farm Bureau | $1,640 |
16 | MetLife | $1,811 |
17 | Allstate | $1,994 |
18 | Encompass | $2,165 |
19 | Safeco | $2,522 |
20 | Titan | $2,738 |
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The Hartford normally has some of the lowest car insurance rates in Colorado at around $825 annually. Grange, USAA, Nationwide, and GEICO also make the cut as some of the most economical Colorado auto insurance companies.
As the rates illustrate above, if you currently buy coverage from Grange and switched to The Hartford, you may see annual savings of approxmiately $162. Insureds with USAA might save as much as $184 a year, and Nationwide customers might reduce rates by $284 a year.
Understand that those rates are averaged across all insureds and vehicles and are not factoring in a rate discount for government employees. So the insurer that fits you best may not even be included in the above rate chart. That illustrates why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.
The safety and performance level of the vehicle you are buying coverage for is one of the largest considerations when comparing quotes for cheaper coverage for government employees. Vehicles with higher performance characteristics, a lack of modern safety features, or a high likelihood of having liability claims will cost much more to insure than safer models. The lists below estimates insurance premiums for a selection of the most affordable automobiles to buy coverage for.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Ford Fusion SE 4-Dr Sedan | $1,200 | $600 | $100 |
Honda Accord EX 4-Dr Sedan | $938 | $469 | $78 |
Hyundai Elantra Blue 4-Dr Sedan | $1,152 | $576 | $96 |
Hyundai Sonata SE 4-Dr Sedan | $1,246 | $623 | $104 |
Kia Optima SX | $1,270 | $635 | $106 |
Nissan Altima 3.5 SR 4-Dr Sedan | $1,200 | $600 | $100 |
Toyota Camry SE | $1,176 | $588 | $98 |
Volkswagen Jetta SE 2.5 Station Wagon | $1,122 | $561 | $94 |
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Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Rates do not factor in specific location which can change coverage prices noticeably.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Chevrolet Suburban LTZ 2WD | $1,200 | $600 | $100 |
Chevrolet Traverse LT 2WD | $986 | $493 | $82 |
Ford Escape XLT 4WD | $962 | $481 | $80 |
Ford Expedition Eddie Bauer 2WD | $1,122 | $561 | $94 |
Ford Explorer Limited 2WD | $1,132 | $566 | $94 |
GMC Acadia SLT 2WD | $1,108 | $554 | $92 |
Honda CR-V LX 2WD | $938 | $469 | $78 |
Honda Pilot EX 4WD | $1,064 | $532 | $89 |
Jeep Grand Cherokee Laredo 2WD | $1,108 | $554 | $92 |
Jeep Wrangler Sahara 4WD 2-Dr | $1,040 | $520 | $87 |
Kia Sportage LX 4WD 4-Dr | $1,108 | $554 | $92 |
Subaru Forester XT AWD | $1,146 | $573 | $96 |
Toyota Highlander Limited 2WD | $1,224 | $612 | $102 |
Toyota RAV4 Limited 2WD | $1,108 | $554 | $92 |
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Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Rate information does not factor in your specific Colorado location which can influence premium rates significantly.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Chevrolet Colorado LT Crew Cab 2WD | $1,084 | $542 | $90 |
Chevrolet Silverado 2500HD LTZ Crew Cab 4WD | $1,200 | $600 | $100 |
Chevrolet Silverado 3500HD LT Extended Cab 4WD | $1,428 | $714 | $119 |
Chevrolet Silverado LT Extended Cab 2WD | $1,178 | $589 | $98 |
Dodge Ram Quad Cab TRX4 Off Road 2WD | $1,202 | $601 | $100 |
Ford F-150 STX Super Cab 4WD | $1,064 | $532 | $89 |
Ford F-250 XL Crew Cab Turbo Diesel 4WD | $1,360 | $680 | $113 |
GMC Canyon SLE Ext Cab 2WD | $1,084 | $542 | $90 |
GMC Sierra SLT Extended Cab 2WD | $1,200 | $600 | $100 |
Toyota Tundra Double Cab 4WD | $1,202 | $601 | $100 |
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Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Premium costs do not factor in your specific Colorado location which can raise or lower premium rates greatly.
Picking a highly-rated company can be difficult considering how many different companies sell coverage in Colorado. The company ratings in the lists below could help you analyze which car insurance providers to look at comparing price quotes from. The ratings below are for major nationwide insurance companies, so smaller companies are not included in these rankings.
Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
---|---|---|---|---|---|---|
USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
American Family | 98 | 89 | 100 | 86% | A | 95.4 |
State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
The General | 89 | 91 | 89 | 88% | A- | 90 |
Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
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Data Source: Insure.com Best Car Insurance Companies
In a perfect world, the ideal way to snag affordable auto insurance prices in Colorado for state and federal workers is to drive safe and avoid accidents and violations. The information below highlights how speeding tickets and at-fault accidents drive up insurance costs for different insured age categories. The data is based on a single male driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.
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In the chart above, the average cost of auto insurance in Colorado per year with no accidents and a clean driving record is $2,696. Factor in two speeding tickets and the average cost rises to $3,581, an increase of $885 each year. Now add in two accidents along with the two speeding tickets and the yearly cost of auto insurance for government employees increases to an average of $6,753. That’s an increase of $4,057, or $338 per month, just for not being more responsible behind the wheel!
Below you’ll find some of the recommended thrifty ideas that can help drivers find cheap car insurance.
The last item on the list is notably vital, as was pointed out in this article. Prices in Colorado can change considerably in a year, so don’t hesitate to change insurance companies if a cheaper price is available.
Staying with the same company for years is fine, but it isn’t a good idea if that inflexibility results in costing you thousands of dollars over several years. In just a few minutes you could shop around and find cheaper insurance for government employees.