Best Cheap Car Insurance Quotes for a Learners Permit in Colorado

One of the key factors that car insurance companies use to calculate a rate quote is where you normally keep your vehicle in Colorado. Areas that are more densely populated like Pueblo, Denver, and Commerce City tend to have higher auto insurance costs, whereas more rural areas generally benefit from lower car insurance rates.

The next table displays the most expensive cities in Colorado for a learners permit in which to buy car insurance.

Information shown are comparative as specific Colorado garaging address can influence coverage rates noticeably.

The type of vehicle requiring coverage is one of the largest factors when consumers are trying to find the most economical insurance for a learners permit. Vehicles with more horsepower, poor passenger safety features, or a history of substantial liability claims will cost significantly more to insure than safer models. The table below presents auto insurance rates for a number of the most economical automobiles to buy coverage for.

Table data represents single male driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, and claim-free. Information does not factor in specific zip code location which can change prices substantially.

Looking at the data, cars like the Honda Accord, Honda CR-V, and Ford Escape are a few of the cheapest vehicles to insure for new drivers. The price for an auto insurance policy will tend to be more expensive just due to the fact that there is more liability exposure for a learners permit, but overall those particular vehicles will most likely have the lowest insurance prices that you are likely to find.

Locating reasonably-priced insurance is easier said than done, and finding out which companies offer the cheapest insurance rates for a learners permit calls for even more shopping around. Insurance premiums will most likely be quite a bit greater than the average rate in Colorado because of the additional risk that goes along with offering insurance for new drivers, but reasonable coverage should be achievable with a little diligence. Each auto insurer has their own formula for determining rates, so first let’s look at the rankings for the most affordable insurance companies in Colorado.

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The Hartford normally has some of the most affordable car insurance rates in Colorado at around $834 a year. Grange, USAA, GEICO, and Nationwide would also be considered some of the best Colorado insurance companies.

As depicted above, if you are insured with Grange and switched to The Hartford, you may realize yearly savings of approxmiately $144. Policyholders with USAA may save as much as $205 a year, and GEICO customers might lower prices by $307 a year.

Understand that those premiums are averages for all insureds and vehicles and and are not calculated with a rate increase for a learners permit. So the company that has the cheapest price for you may not even be in the list above. That affirms the importance of why you need to quote rates from many companies using your own driver and vehicle profiles.

Get discount Colorado insurance rates

Insurance providers that offer the best cheap auto insurance for a learners permit in Colorado may additionally offer premium discounts that can lower rates by as much as 30% if you can meet the requirements. A list of companies and their offered discounts are shown below.

The chart below shows the comparison of premium costs with and without discounts applied to the policy rates. The information is based on a female driver, no violations or accidents, Colorado state minimum liability limits, full coverage, and $1,000 deductibles.

The first bar for each age group shows the price with no discounts. The second bar shows the rates with anti-theft, passive restraint, continuous coverage, vehicle safety, paid-in-full, and good student discounts applied. When these discounts are applied to the policy premium, the average savings per year on insurance for a learners permit is % or $.

How to get the best cheap auto insurance for a learners permit in Colorado

The list below shows some of the recommended penny-pinching suggestions that can help you locate cheap coverage.

• Raise your physical damage coverage deductibles
• Increase your credit rating
• Drive a car with a high safety rating
• Violations like speeding or DUI increase rates
• Remain accident-free and save
• Do not pay for comprehensive and collision coverage on older vehicles
• Compare prices as often as possible

The last tip is incredibly significant, as we pointed out in this article. Insurance prices in Colorado can be adjusted at any time, so drivers shouldn’t be resistant to buy a policy from a new company if a cheaper rate is available.

Having a favorite company is fine, but it’s not a good idea if that stubbornness costs you a small fortune. If you have a few minutes, now is a great time to compare prices to find cheaper insurance for a learners permit.