- Average car insurance cost in Colorado Springs is $2,068 per year, or $172 per month for full coverage.
- Colorado Springs car insurance costs an average of $138 per year more than the Colorado state average cost and $340 per year more than the average rate for all 50 states.
- Auto insurance rates for a few popular vehicles in Colorado Springs include the Jeep Wrangler at $2,290 per year, Toyota Camry at $1,964, and Ford Escape at $1,896.
- Compact models like the Chevrolet Trailblazer, Hyundai Venue, Subaru Crosstrek, and Kia Seltos are some of the top picks for cheap car insurance in Colorado Springs.
- Car insurance quotes in Colorado Springs can vary significantly from as little as $37 per month for liability-only insurance to over $657 per month drivers with many accidents and violations.
How much does car insurance cost in Colorado Springs?
The average cost to insure a vehicle in Colorado Springs is $2,068 per year, or about $172 per month for a policy with full coverage. It costs 17.9% more to insure the average vehicle in Colorado Springs than the overall U.S. national average rate of $1,728.
Average auto insurance cost in Colorado is $1,930 per year, so Colorado Springs drivers pay an average of $138 more per year than the overall Colorado state-wide average rate. The average cost of insurance in Colorado Springs compared to other Colorado locations is around $118 per year less than in Aurora, $42 per year less than in Denver, and $100 per year less than in Lakewood.
The age of the driver is one of the largest factors in the price you pay for car insurance, so the list below illustrates this point by breaking out average car insurance rates in Colorado Springs for drivers from 16 to 60.
Colorado Springs car insurance cost for drivers age 16 to 60
- 16-year-old driver – $7,404 per year or $617 per month
- 17-year-old driver – $6,922 per year or $577 per month
- 18-year-old driver – $6,468 per year or $539 per month
- 19-year-old driver – $5,854 per year or $488 per month
- 20-year-old driver – $4,112 per year or $343 per month
- 30-year-old driver – $2,180 per year or $182 per month
- 40-year-old driver – $2,068 per year or $172 per month
- 50-year-old driver – $1,880 per year or $157 per month
- 60-year-old driver – $1,846 per year or $154 per month
The chart below shows average Colorado Springs car insurance cost broken out not only for different driver ages, but also for different physical damage deductibles. Rates are averaged for all 2023 vehicle models including luxury and performance vehicles.
Average car insurance rates in the prior chart range from $1,562 per year for a policy with high physical damage deductibles for a 60-year-old driver to $4,778 per year for a 20-year-old driver with low physical damage deductibles.
When the rates shown in the chart are converted to monthly figures, the average cost of car insurance per month in Colorado Springs ranges from $130 to $398.
Auto insurance rates can cost significantly different amounts and are impacted by many factors. The potential for large variability increases the need for accurate free car insurance quotes when trying to find the cheapest auto insurance.
Popular models and the cost to insure them
The previously referenced auto insurance rates take all 2023 vehicle models and average them, which is suitable when making overall comparisons like the difference in average car insurance cost for two different locations in Colorado.
For more in-depth price comparisons, however, the rates will be more accurate if we perform a rate analysis for the specific model of vehicle being insured. In the next few article sections, we explore both segment rates and rates for all different kinds of vehicles, but for now, a few of the most popular models will be used to find out how auto insurance rates measure up in Colorado Springs.
This next list details average annual and monthly auto insurance cost for some of the most popular cars, trucks, and SUVs on the road in Colorado Springs. Later, there is a section that examines the ins-and-outs of insuring a few of these models in much more detail.
Average annual and monthly car insurance cost for popular models in Colorado Springs
- Jeep Wrangler – $2,290 per year or $191 per month
- Toyota Camry – $1,964 per year or $164 per month
- Ford Escape – $1,896 per year or $158 per month
- Hyundai Elantra – $2,260 per year or $188 per month
- Honda CR-V – $1,750 per year or $146 per month
- Nissan Altima – $2,206 per year or $184 per month
- Subaru Forester – $1,744 per year or $145 per month
- GMC Sierra – $2,256 per year or $188 per month
- Jeep Cherokee – $2,246 per year or $187 per month
- Nissan Sentra – $1,918 per year or $160 per month
Vehicles with high popularity in Colorado Springs tend to be compact and midsize sedans like the Volkswagen Jetta and Kia K5 and compact and midsize SUVs like the Honda CR-V, Chevy Equinox, and Subaru Outback.
Additional popular vehicles from other vehicle segments include luxury cars like the Tesla Model S, BMW 530i, and Lexus ES 350, luxury SUVs like the BMW X5, Cadillac XT5, and Infiniti QX60, and pickup trucks like the Ram 1500, Toyota Tacoma, and Chevy Silverado.
We cover rates in much more detail coming up in the article, but before we dive into that data, let’s look at the comparisons and key concepts that we have covered in the data above.
- Insuring a teenager is expensive in Colorado Springs – Cost ranges from $5,206 to $7,404 per year to insure a teen driver in Colorado Springs, Colorado.
- Low deductible auto insurance costs more – A 30-year-old driver pays an average of $576 more per year for $250 deductibles compared to $1,000 deductibles.
- Colorado Springs, CO, car insurance costs more than the U.S. average – $2,068 (Colorado Springs average) versus $1,728 (U.S. average)
- Monthly car insurance cost ranges from $154 to $617 – That is the average auto insurance cost range for drivers age 16 to 60 in Colorado Springs.
- Auto insurance costs less the older you are – Average car insurance rates for a 40-year-old driver in Colorado Springs are $2,044 per year cheaper than for a 20-year-old driver.
Which vehicles are cheapest to insure?
The vehicles with the lowest cost average insurance prices in Colorado Springs tend to be crossovers and compact SUVs like the Chevrolet Trailblazer, Subaru Crosstrek, Buick Envision, and Mazda CX-5.
Average auto insurance quotes for those vehicles cost $1,652 or less per year to have full coverage.
A few other models that rank towards the top in our car insurance cost comparison are the Honda CR-V, Subaru Ascent, Ford Edge, and Subaru Forester.
The average rates are marginally higher for those models than the cheapest small SUVs at the top of the list, but they still have average rates of $1,750 or less per year ($146 per month) in Colorado Springs.
The table below shows the 20 cars, trucks, and SUVs with the cheapest insurance rates in Colorado Springs, ordered starting with the cheapest.
| Rank | Make/Model | Annual Cost | Monthly Cost |
|---|---|---|---|
| 1 | Chevrolet Trailblazer | $1,562 | $130 |
| 2 | Subaru Crosstrek | $1,578 | $132 |
| 3 | Nissan Kicks | $1,584 | $132 |
| 4 | Honda Passport | $1,606 | $134 |
| 5 | Nissan Rogue Sport | $1,612 | $134 |
| 6 | Mazda CX-5 | $1,624 | $135 |
| 7 | Buick Encore | $1,646 | $137 |
| 8 | Buick Envision | $1,652 | $138 |
| 9 | Kia Seltos | $1,672 | $139 |
| 10 | Subaru Ascent | $1,680 | $140 |
| 11 | Hyundai Venue | $1,686 | $141 |
| 12 | Subaru Impreza | $1,712 | $143 |
| 13 | Ford Maverick | $1,716 | $143 |
| 14 | Honda HR-V | $1,718 | $143 |
| 15 | Chevrolet Colorado | $1,720 | $143 |
| 16 | Acura RDX | $1,726 | $144 |
| 17 | Hyundai Kona | $1,732 | $144 |
| 18 | Subaru Forester | $1,744 | $145 |
| 19 | Honda CR-V | $1,750 | $146 |
| 20 | Ford Edge | $1,752 | $146 |
A table showing 20 ranked vehicles is probably not the best way to present a detailed view of Colorado Springs insurance rates. A more thorough way to rank rates in an analytical manner is by breaking them out by automotive segment. The following six sections break out the top 20 vehicles with the most affordable insurance rates in Colorado Springs for each of the main segments.
Cheapest car insurance rates in Colorado Springs, CO
The top five models for the cheapest Colorado Springs auto insurance rates in the car segment (excluding luxury models) are the Volkswagen Jetta, Nissan Sentra, Subaru Impreza, Toyota Corolla, and Subaru Legacy. Rates for these 2023 models average $1,940 or less per year.
Not the cheapest in the list, but still ranking well, are models like the Kia K5, Toyota Camry, Mazda 3, and Volkswagen Golf, with average annual insurance rates of $1,994 per year or less.
Ranked in the lower half of the top 20, cars like the Honda Civic, Nissan Leaf, Toyota Crown, Honda Accord, Tesla Model 3, and Kia Forte average between $1,994 and $2,170 per year to insure.
Full-coverage car insurance in this segment for a middle-age safe driver starts at around $143 per month, depending on your location and insurance company.
The rate comparison table below ranks the twenty cars with the most affordable insurance rates in Colorado Springs, starting with the Subaru Impreza at $143 per month and ending with the Volkswagen Arteon at $181 per month.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Subaru Impreza | Compact | $1,712 | $143 |
| Volkswagen Jetta | Compact | $1,888 | $157 |
| Subaru Legacy | Midsize | $1,902 | $159 |
| Nissan Sentra | Compact | $1,918 | $160 |
| Toyota Corolla | Compact | $1,940 | $162 |
| Volkswagen Golf | Compact | $1,944 | $162 |
| Toyota Prius | Compact | $1,948 | $162 |
| Toyota Camry | Midsize | $1,964 | $164 |
| Mazda 3 | Compact | $1,982 | $165 |
| Kia K5 | Midsize | $1,994 | $166 |
| Chevrolet Malibu | Midsize | $2,012 | $168 |
| Chrysler 300 | Full-size | $2,014 | $168 |
| Honda Civic | Compact | $2,024 | $169 |
| Kia Forte | Compact | $2,028 | $169 |
| Mitsubishi Mirage G4 | Compact | $2,036 | $170 |
| Nissan Leaf | Compact | $2,084 | $174 |
| Honda Accord | Midsize | $2,090 | $174 |
| Toyota Crown | Midsize | $2,098 | $175 |
| Tesla Model 3 | Midsize | $2,112 | $176 |
| Volkswagen Arteon | Midsize | $2,170 | $181 |
For more car insurance comparisons, see our guides for compact car insurance, midsize car insurance, and full-size car insurance.
Looking for a different vehicle? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get cheap Colorado Springs car insurance quotes from top-rated car insurance companies in Colorado.
Cheapest SUV insurance rates in Colorado Springs
The Chevrolet Trailblazer comes in at #1 as the cheapest non-luxury SUV to insure in Colorado Springs, followed closely by the Subaru Crosstrek, Nissan Kicks, Honda Passport, and Nissan Rogue Sport. The 2023 model averages $1,562 per year to insure for full coverage.
Additional SUVs that have cheaper rates include the Mazda CX-5, Subaru Ascent, Buick Encore, and Buick Envision, with an average cost to insure of $1,680 per year or less.
Full-coverage car insurance for this segment in Colorado Springs will start around $130 per month, depending on the company and where you live.
If SUV size is considered, the most budget-friendly non-luxury compact SUV to insure in Colorado Springs is the Chevrolet Trailblazer at $1,562 per year, or $130 per month. For midsize 2023 models, the Honda Passport has the cheapest rates at $1,606 per year, or $134 per month. And for full-size non-luxury SUVs, the Chevrolet Tahoe has the best rates at $1,934 per year, or $161 per month.
The rate comparison table below ranks the SUVs with the most affordable insurance in Colorado Springs.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Chevrolet Trailblazer | Compact | $1,562 | $130 |
| Subaru Crosstrek | Compact | $1,578 | $132 |
| Nissan Kicks | Compact | $1,584 | $132 |
| Honda Passport | Midsize | $1,606 | $134 |
| Nissan Rogue Sport | Compact | $1,612 | $134 |
| Mazda CX-5 | Compact | $1,624 | $135 |
| Buick Encore | Compact | $1,646 | $137 |
| Buick Envision | Compact | $1,652 | $138 |
| Kia Seltos | Compact | $1,672 | $139 |
| Subaru Ascent | Midsize | $1,680 | $140 |
| Hyundai Venue | Compact | $1,686 | $141 |
| Honda HR-V | Compact | $1,718 | $143 |
| Hyundai Kona | Compact | $1,732 | $144 |
| Subaru Forester | Compact | $1,744 | $145 |
| Honda CR-V | Compact | $1,750 | $146 |
| Ford Edge | Midsize | $1,752 | $146 |
| Mazda CX-30 | Compact | $1,756 | $146 |
| Ford Explorer | Midsize | $1,760 | $147 |
| Volkswagen Atlas | Midsize | $1,766 | $147 |
| Nissan Murano | Midsize | $1,774 | $148 |
See our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to compare rates for all makes and models.
Don’t see rates for your SUV? No problem! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free Colorado Springs car insurance quotes from top car insurance companies in Colorado.
Cheapest pickup trucks to insure in Colorado Springs
The Ford Maverick comes in at #1 as the cheapest pickup truck to insure in Colorado Springs, followed closely by the Chevrolet Colorado, Nissan Frontier, Ford Ranger, and GMC Canyon. The 2023 model averages $1,716 per year to insure for full coverage.
Also ranking well are trucks like the Honda Ridgeline, Toyota Tacoma, Ford F150, and Hyundai Santa Cruz, with an average cost to insure of $2,102 per year or less.
Car insurance for this segment in Colorado Springs for the average driver starts at around $143 per month, depending on the company. The next table ranks the twenty pickups with the cheapest average car insurance rates in Colorado Springs, starting with the Ford Maverick at $143 per month and ending with the Nissan Titan XD at $192 per month.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Ford Maverick | Midsize | $1,716 | $143 |
| Chevrolet Colorado | Midsize | $1,720 | $143 |
| Nissan Frontier | Midsize | $1,784 | $149 |
| Ford Ranger | Midsize | $1,836 | $153 |
| GMC Canyon | Midsize | $1,876 | $156 |
| Toyota Tacoma | Midsize | $1,886 | $157 |
| Hyundai Santa Cruz | Midsize | $1,920 | $160 |
| Nissan Titan | Full-size | $2,046 | $171 |
| Honda Ridgeline | Midsize | $2,052 | $171 |
| Ford F150 | Full-size | $2,102 | $175 |
| GMC Sierra 2500 HD | Heavy Duty | $2,116 | $176 |
| Jeep Gladiator | Midsize | $2,150 | $179 |
| Toyota Tundra | Full-size | $2,172 | $181 |
| GMC Sierra 3500 | Heavy Duty | $2,184 | $182 |
| GMC Sierra | Full-size | $2,256 | $188 |
| Ram Truck | Full-size | $2,258 | $188 |
| Chevrolet Silverado | Full-size | $2,262 | $189 |
| Chevrolet Silverado HD 2500 | Heavy Duty | $2,268 | $189 |
| Chevrolet Silverado HD 3500 | Heavy Duty | $2,272 | $189 |
| Nissan Titan XD | Heavy Duty | $2,308 | $192 |
For all pickup insurance comparisons, see our guides for midsize pickup insurance and large pickup insurance.
Don’t see your pickup in the list? Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free Colorado Springs car insurance quotes from top-rated car insurance companies in Colorado.
Cheapest sports car insurance rates in Colorado Springs
The three highest ranking sports cars with the lowest-cost insurance rates in Colorado Springs are the Mazda MX-5 Miata at $1,910 per year, the Audi TT at $2,140 per year, and the Ford Mustang at $2,242 per year.
Not the cheapest to insure, but still ranked well, are cars like the Toyota GR Supra, Toyota GR86, BMW M2, and Nissan Z, with an average car insurance cost of $2,490 per year or less.
From a monthly standpoint, full-coverage insurance in this segment for the average driver will start around $159 per month, depending on your company and location. The comparison table below ranks the twenty sports cars with the most affordable car insurance rates in Colorado Springs, starting with the Mazda MX-5 Miata at $1,910 per year ($159 per month) and ending with the Lexus LC 500 at $3,106 per year ($259 per month).
| Make/Model | Vehicle Type | Annual Cost | Monthly Cost |
|---|---|---|---|
| Mazda MX-5 Miata | Sports Car | $1,910 | $159 |
| Audi TT | Sports Car | $2,140 | $178 |
| Ford Mustang | Sports Car | $2,242 | $187 |
| BMW Z4 | Sports Car | $2,258 | $188 |
| Subaru WRX | Sports Car | $2,282 | $190 |
| Nissan Z | Sports Car | $2,318 | $193 |
| Toyota GR Supra | Sports Car | $2,356 | $196 |
| Toyota GR86 | Sports Car | $2,386 | $199 |
| BMW M2 | Sports Car | $2,398 | $200 |
| Subaru BRZ | Sports Car | $2,490 | $208 |
| Chevrolet Corvette | Sports Car | $2,550 | $213 |
| BMW M3 | Sports Car | $2,606 | $217 |
| Lexus RC F | Sports Car | $2,658 | $222 |
| Porsche 718 | Sports Car | $2,660 | $222 |
| Chevrolet Camaro | Sports Car | $2,706 | $226 |
| Mercedes-Benz AMG GT53 | Sports Car | $2,866 | $239 |
| Jaguar F-Type | Sports Car | $2,966 | $247 |
| Porsche Taycan | Sports Car | $3,032 | $253 |
| BMW M4 | Sports Car | $3,072 | $256 |
| Lexus LC 500 | Sports Car | $3,106 | $259 |
Don’t see rates for your sports car? No problem! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from top companies in Colorado Springs.
Cheapest luxury car insurance rates in Colorado Springs
The top-ranked model in Colorado Springs for cheapest average insurance rates in the luxury car segment is the Acura Integra, costing an average of $1,856 per year. Second place is the BMW 330i costing $2,098 per year, and the third most affordable is the Acura TLX, at an average of $2,132 per year.
Other luxury cars that have cheaper rates include the BMW 228i, Lexus ES 350, Cadillac CT5, and Lexus ES 250, with average insurance cost of $2,248 per year or less.
Auto insurance for this segment in Colorado Springs will start around $155 per month, depending on your company and location.
The most affordable compact luxury car to insure in Colorado Springs is the Acura Integra at $1,856 per year. For midsize luxury cars, the Cadillac CT5 has the cheapest rates at $2,224 per year. And for full-size luxury cars, the Audi A5 is the cheapest model to insure at $2,318 per year.
The comparison table below ranks the twenty cars with the cheapest average car insurance rates in Colorado Springs, starting with the Acura Integra at $155 per month and ending with the Volvo S60 at $193 per month.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Acura Integra | Compact | $1,856 | $155 |
| BMW 330i | Compact | $2,098 | $175 |
| Acura TLX | Compact | $2,132 | $178 |
| Cadillac CT4 | Compact | $2,158 | $180 |
| Genesis G70 | Compact | $2,202 | $184 |
| Cadillac CT5 | Midsize | $2,224 | $185 |
| Lexus ES 350 | Midsize | $2,228 | $186 |
| BMW 330e | Compact | $2,238 | $187 |
| Lexus ES 250 | Midsize | $2,242 | $187 |
| BMW 228i | Compact | $2,248 | $187 |
| Lexus RC 300 | Midsize | $2,248 | $187 |
| Mercedes-Benz AMG CLA35 | Midsize | $2,252 | $188 |
| Audi A3 | Midsize | $2,262 | $189 |
| BMW 230i | Compact | $2,264 | $189 |
| Mercedes-Benz C300 | Compact | $2,278 | $190 |
| Audi A4 | Compact | $2,288 | $191 |
| Lexus RC 350 | Compact | $2,296 | $191 |
| Audi S3 | Compact | $2,304 | $192 |
| Mercedes-Benz AMG CLA45 | Midsize | $2,304 | $192 |
| Volvo S60 | Compact | $2,310 | $193 |
For more luxury car insurance comparisons, see our complete guide for luxury car insurance.
Don’t see your luxury car? That’s no problem! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get cheap Colorado Springs car insurance quotes from the best car insurance companies in Colorado.
Cheapest luxury SUVs to insure
The top four luxury SUVs with the lowest-cost auto insurance in Colorado Springs are the Acura RDX at $1,726 per year, Lexus RX 350 at $1,850 per year, Cadillac XT4 at $1,864 per year, and Volvo XC40 at $1,902 per year.
Not the cheapest, but still in the top 10, are SUVs like the Mercedes-Benz GLA250, Lexus UX 250h, Mercedes-Benz GLB 250, and Cadillac XT6, with an average cost to insure of $2,010 per year or less.
Additional models on the list include the Mercedes-Benz GLC300, Lincoln Corsair, Acura MDX, and Lexus NX 350, which average between $2,010 and $2,104 per year for insurance.
Auto insurance for this segment in Colorado Springs will start around $144 per month, depending on the company.
If vehicle size is considered, the cheapest small luxury SUV to insure in Colorado Springs is the Acura RDX at $1,726 per year. For midsize luxury models, the Lexus RX 350 has the cheapest rates at $1,850 per year. And for full-size luxury SUVs, the Volvo XC90 has the cheapest car insurance rates at $2,132 per year.
The next table ranks the twenty luxury SUVs with the cheapest insurance in Colorado Springs.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Acura RDX | Compact | $1,726 | $144 |
| Lexus RX 350 | Midsize | $1,850 | $154 |
| Cadillac XT4 | Compact | $1,864 | $155 |
| Volvo XC40 | Compact | $1,902 | $159 |
| Infiniti QX50 | Midsize | $1,914 | $160 |
| Lexus UX 250h | Compact | $1,932 | $161 |
| Cadillac XT5 | Midsize | $1,962 | $164 |
| Mercedes-Benz GLA250 | Compact | $2,006 | $167 |
| Mercedes-Benz GLB 250 | Compact | $2,010 | $168 |
| Cadillac XT6 | Midsize | $2,012 | $168 |
| Lexus NX 250 | Compact | $2,036 | $170 |
| Acura MDX | Midsize | $2,056 | $171 |
| Lexus NX 350h | Compact | $2,060 | $172 |
| Lexus NX 350 | Compact | $2,074 | $173 |
| Lincoln Corsair | Compact | $2,076 | $173 |
| Lexus NX 450h | Compact | $2,086 | $174 |
| Lincoln Nautilus | Midsize | $2,094 | $175 |
| BMW X1 | Compact | $2,096 | $175 |
| Alfa Romeo Tonale | Compact | $2,102 | $175 |
| Mercedes-Benz GLC300 | Compact | $2,104 | $175 |
See our guide for luxury SUV insurance to view luxury vehicles not shown in the table.
Don’t see your luxury SUV in the list? No problem! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from top companies in Colorado.
Colorado Springs auto insurance rate variability
To try to clarify the amount car insurance prices can change from one person to the next, the sections below contain many different rates for four popular models in Colorado Springs: the Toyota Corolla, Honda CR-V, Kia Sorento, and Toyota Camry.
Each illustration uses a variety of different driver profiles to show how much prices can vary with only minor risk factor changes.
Toyota Corolla insurance rates
Toyota Corolla insurance in Colorado Springs averages $1,940 per year ($162 per month) and has a range of $1,610 to $4,374 per year.
The Toyota Corolla belongs to the compact car segment, and additional models from the same segment that are popular in Colorado Springs include the Chevrolet Cruze, Volkswagen Jetta, Honda Civic, and Nissan Sentra.
Honda CR-V insurance rates
Car insurance for a Honda CR-V in Colorado Springs costs an average of $1,750 per year, or around $146 per month, and varies from $1,456 to $4,006.
The Honda CR-V is part of the compact SUV segment, and additional similar models from the same segment include the Chevrolet Equinox, Nissan Rogue, and Toyota RAV4.
Kia Sorento insurance rates
Car insurance for a Kia Sorento in Colorado Springs averages $1,896 per year, or around $158 per month, and has a range of $1,576 to $4,308.
The Kia Sorento is classified as a midsize SUV, and other similar models from the same segment include the Jeep Grand Cherokee, Honda Pilot, and Ford Explorer.
Toyota Camry insurance rates
Toyota Camry insurance in Colorado Springs costs an average of $1,964 per year, or about $164 per month, and varies from $1,634 to $4,454 per year for the sample risk profiles shown in the next chart.
The Toyota Camry is a midsize car, and other models in the same segment include the Hyundai Sonata, Kia K5, Nissan Altima, and Honda Accord.
How to find cheaper Colorado Springs car insurance
Drivers are always searching for ways to reduce the monthly expense for insurance So browse the money-saving ideas in the list below to see if you can save a little dough on your next car insurance policy.
- Buy vehicles with more affordable insurance. Vehicle type is one of the primary factors in the cost of insurance. For example, a Volvo XC40 costs $2,056 less per year to insure in Colorado Springs than a Audi R8. Less performance equals cheaper rates.
- Get cheaper rates by researching policy discounts. Savings may be available if the policyholders are claim-free, are loyal customers, are military or federal employees, drive a vehicle with safety or anti-theft features, or many other policy discounts which could save the average Colorado Springs driver as much as $352 per year on auto insurance.
- A good credit rating can save money. Having a high credit rating of over 800 could save $325 per year compared to a credit score ranging from 670-739. Conversely, an imperfect credit score below 579 could cost up to $376 more per year. Not all states use credit score as a rating factor, so check with your agent or company.
- Increase physical damage deductibles to save money. Boosting your physical damage deductibles from $500 to $1,000 could save around $284 per year for a 40-year-old driver and $552 per year for a 20-year-old driver.
- Citations and violations increase insurance rates. If you want affordable auto insurance in Colorado Springs, it makes good sense to be a safe driver. A couple of minor blemishes on your driving record could result in raising rates as much as $544 per year. Major violations such as DUI or reckless driving could raise rates by an additional $1,902 or more.