How Much are Auto Insurance Quotes for Uninsured Drivers in Colorado?

The vehicle you are trying to insure is a large consideration that determines whether or not you can buy economical coverage for uninsured drivers. Vehicles with lower performance, modern passenger safety features, or low incidents of liability claims will cost significantly less to insure than adrenaline junky models.

The next tables shows insurance rates for a selection of the most budget-friendly automobiles to insure.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Price information does not factor in specific zip code location which can impact price quotes significantly.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Rates do not factor in zip code location which can affect coverage rates significantly.

Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Estimates do not factor in the specific area where the vehicle is garaged which can increase or decrease premiums greatly.

Finding dependable, budget auto insurance is not always easy, and finding out which companies have the cheapest auto insurance rates for uninsured drivers will involve even more rate comparisons. Each auto insurer uses slightly different criteria to set their prices, so we’ll take a look at the auto insurance companies with the overall cheapest rates in Colorado.

It’s important that readers know that Colorado auto insurance rates are calculated based on many things that control the cost of a policy. This price variability is why Colorado drivers need to compare lots of rates when trying to find the most economical car insurance rates for uninsured drivers. Car insurance prices are calculated by many things and can increase or decrease at any time, so the best option two years ago may now be one of the more expensive options.

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The Hartford may have some of the most affordable car insurance rates in Colorado at around $834 a year. Grange, USAA, GEICO, and Nationwide would also make the list of some of the cheapest Colorado car insurance companies.

In this example, if you are a policyholder with GEICO and switched to Grange, you could see annual savings of roughly $192. Insureds with Nationwide might save as much as $194 a year, and Auto-Owners customers might realize rate reductions of up to $219 a year.

Understand that those estimates are averaged for all drivers and vehicles in Colorado and do not factor in a price decrease for uninsured drivers. So the company that can offer you the best price may not even be in the chart above. That illustrates why you need to quote rates from as many companies as possible using your own personal information and vehicle type.

Discounts on Colorado auto insurance

Auto insurance companies that offer cheap auto insurance for uninsured drivers in Colorado may also give you premium discounts that could reduce prices by as much as 35% if you qualify. Companies and a summarized list of policyholder discounts are:

• 21st Century offers discounts for good student, student driver, defensive driver, anti-lock brakes, and 55 and older.
• Progressive may offer discounts for multi-vehicle, online signing, continuous coverage, homeowner, and good student.
• State Farm policyholders can earn discounts including multiple policy, multiple autos, passive restraint, defensive driving training, and driver’s education.
• Nationwide includes discounts for multi-policy, family plan, business or organization, defensive driving, Farm Bureau membership, and anti-theft.
• Esurance has discounts for online quote, anti-lock brakes, online shopper, defensive driver, and safety device.
• The Hartford has savings for vehicle fuel type, bundle, defensive driver, anti-theft, and good student.

The illustration below illustrates the comparison of insurance costs with and without discounts. The premium estimates are based on a female driver, no claims or driving citations, Colorado state minimum liability limits, full coverage, and $500 deductibles.

The first bar for each age group shows the average rate with no discounts. The second shows the rates with claim-free, passive restraint, marriage, safe-driver, defensive driving course, and multiple vehicle discounts applied. When these discounts are applied, the the amount saved on auto insurance for uninsured drivers is 28% or $437.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 2337,1681],[‘Age 30’, 1599,1159],[‘Age 40’, 1489,1077],[‘Age 50’, 1303,949],[‘Age 60’, 1261,915],[‘Age 70’, 1477,1065]]);var options = {title: ‘Comparison of Insurance Rates for Uninsured Drivers’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Colorado’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

How accidents and violations affect rates

One of the best ways to snag cheap auto insurance for uninsured drivers in Colorado is to drive attentively and not get tickets or have accidents. The illustration below illustrates how traffic citations and accidents can influence yearly insurance costs for different age groups. The premium estimates are based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and One Accident’],[‘Age 20’, 4243,4555,5443],[‘Age 30’, 2181,2493,3379],[‘Age 40’, 2159,2475,3363],[‘Age 50’, 1967,2281,3169],[‘Age 60’, 1905,2217,3105],[‘Age 70’, 2333,2647,3535]]);var options = {title: ‘Effect of Violations and Accidents on Colorado Auto Insurance Prices’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Colorado’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The chart shows that the average cost of a car insurance policy in Colorado per year with no accidents or violations is $2,465. Factor in one speeding ticket and the average cost increases to $2,778, an increase of $313 each year. Now include one accident along with the one speeding ticket and the yearly cost of auto insurance for uninsured drivers jumps again to an average of $3,666. That’s an increase of $1,201, or $100 per month, just for not paying attention while driving!