- Denver car insurance cost averages $1,836 per year, or around $153 per month, for a full-coverage policy.
- Denver auto insurance costs $212 per year more than the Colorado state average and $330 per year more than the United States national average.
- Car insurance rates for a few popular vehicles in Denver include the Honda CR-V at $124 per month, Subaru Outback at $148, and Nissan Rogue at $135.
- For cheap car insurance in Denver, small SUV models like the Mazda CX-30, Honda CR-V, and Ford Ecosport rank very well for overall cost.
How much does car insurance cost in Denver?
In Denver, average auto insurance cost is $1,836 per year, which is 21.9% more than the national average rate of $1,506. Per month, Denver drivers can expect to pay an average of $153 for a full coverage policy.
In the state of Colorado, the average car insurance expense is $1,624 per year, so the average cost in Denver is $212 more per year. When compared to other larger cities in Colorado, the cost to insure a car in Denver is approximately $40 per year more than in Colorado Springs, $56 per year less than in Lakewood, and $388 per year more than in Fort Collins.
Driver age has a significant impact the price of auto insurance. The list below details how age impacts cost by showing the difference in average car insurance rates in Denver for driver ages 16 through 60.
Average car insurance cost for Denver drivers age 16 to 60
- 16 year old – $6,580 per year or $548 per month
- 17 year old – $6,146 per year or $512 per month
- 18 year old – $5,740 per year or $478 per month
- 19 year old – $5,190 per year or $433 per month
- 20 year old – $3,648 per year or $304 per month
- 30 year old – $1,932 per year or $161 per month
- 40 year old – $1,836 per year or $153 per month
- 50 year old – $1,672 per year or $139 per month
- 60 year old – $1,642 per year or $137 per month
The next chart summarizes average auto insurance cost in Denver broken out based on a variety of different driver ages, deductibles, and risk profiles. Rates are averaged for all 2022 vehicle models including luxury brands.
In the chart above, the cost of car insurance in Denver ranges from $1,524 per year for a 40-year-old driver who qualifies for most policy discounts to $4,162 per year for a 30-year-old driver who is required to buy high-risk auto insurance. When those numbers are converted to a monthly rate, the average cost in the chart above ranges from $127 to $347 per month.
Car insurance for popular cars, trucks, and SUVs
The car insurance costs referenced previously are an average for all 2022 vehicle models, which is practical when making generalized comparisons such as the average cost difference between two Colorado cities. Average auto insurance rates are terrific when answering questions like “is car insurance in Denver cheaper than Aurora?” or “are car insurance rates in Colorado cheaper than in Florida?”.
For more accurate rate comparisons, however, the data will be more accurate if we perform a rate analysis for the specific model of vehicle being insured. Every vehicle has different risk exposures for calculating the cost of auto insurance and this data enables insurance cost projections and comparisons.
The following chart displays average car insurance cost for popular cars, trucks, and SUVs that you will find in Denver. Towards the end of this article, we explore additional situations that affect the cost of insuring some of these models even more in-depth.
In Denver, which vehicles are cheapest to insure?
The models with the most affordable insurance quotes in Denver tend to be crossovers and small SUVs like the Honda CR-V, Mazda CX-30, Buick Envision, and Hyundai Kona.
Average insurance rates for those compact SUVs cost $1,510 or less per year, or $126 per month, for full coverage car insurance.
A few other vehicles that rank well in our insurance cost comparison are the Chevrolet Blazer, Nissan Kicks, Hyundai Venue, and Buick Encore. Rates are a few dollars per month higher for those models than the cheapest crossovers and compact SUVs at the top of the rankings, but they still have an average cost of $130 or less per month.
The table below details the top 30 cheapest vehicles to insure in Denver, ordered by cost.
| Rank | Make/Model | Annual Cost | Monthly Cost |
|---|---|---|---|
| 1 | Chevrolet Spark | $1,452 | $121 |
| 2 | Mazda CX-30 | $1,478 | $123 |
| 3 | Honda CR-V | $1,482 | $124 |
| 4 | Chevrolet Trax | $1,492 | $124 |
| 5 | Toyota C-HR | $1,492 | $124 |
| 6 | Hyundai Kona | $1,494 | $125 |
| 7 | Buick Envision | $1,502 | $125 |
| 8 | Ford Ecosport | $1,506 | $126 |
| 9 | Kia Soul | $1,510 | $126 |
| 10 | Chevrolet Colorado | $1,512 | $126 |
| 11 | Mazda CX-5 | $1,512 | $126 |
| 12 | Chevrolet Blazer | $1,514 | $126 |
| 13 | Nissan Rogue Sport | $1,514 | $126 |
| 14 | Hyundai Venue | $1,530 | $128 |
| 15 | Toyota Corolla | $1,532 | $128 |
| 16 | Nissan Kicks | $1,542 | $129 |
| 17 | Buick Encore | $1,544 | $129 |
| 18 | Chevrolet Trailblazer | $1,554 | $130 |
| 19 | Kia Sportage | $1,562 | $130 |
| 20 | Jeep Compass | $1,568 | $131 |
| 21 | Mitsubishi Eclipse Cross | $1,570 | $131 |
| 22 | Chevrolet Equinox | $1,572 | $131 |
| 23 | Ford Maverick | $1,572 | $131 |
| 24 | Acura RDX | $1,576 | $131 |
| 25 | Toyota Corolla Cross | $1,576 | $131 |
| 26 | Nissan Murano | $1,580 | $132 |
| 27 | Mazda MX-5 Miata | $1,592 | $133 |
| 28 | Hyundai Tucson | $1,594 | $133 |
| 29 | Subaru Impreza | $1,596 | $133 |
| 30 | Kia Rio | $1,606 | $134 |
A table of 30 of the cheapest vehicles to insure in Denver doesn’t really give the full picture of the cost of auto insurance in Denver. Considering we track over 700 makes and models of vehicles, there is a lot of rate data no being shown. Let’s dig a little deeper into the data and display the most affordable vehicles a slightly different way, by automotive segment.
The section below further discusses the different automotive segments and the average cost of car insurance in Denver. The rates shown will give you a good idea of which automotive segments have the best auto insurance rates in Denver. After the chart, the next six sections break out and rank the 20 cheapest models in each individual segment.
Denver auto insurance rates by vehicle segment
When shopping around for a new or used vehicle, it’s advantageous to know which categories of vehicles have better car insurance rates. To illustrate this, maybe you want to know if midsize SUVs have cheaper auto insurance than small SUVs or if sports cars are more affordable to insure than luxury cars.
The chart below shows average car insurance rates by segment in Denver. As a general rule, small and midsize SUVs, vans and minivans, and midsize pickup trucks have the most affordable rates, with exotic performance models having the highest average insurance cost.
Car insurance rates by segment are fine to form a general comparison, but cost varies greatly within each vehicle category listed above.
For example, in the midsize car segment, Denver auto insurance rates range from the Mazda 6 at $1,692 per year for full coverage insurance up to the Kia Stinger at $2,224 per year.
For another example, in the large truck segment, the average cost of insurance ranges from the Ford F150 costing $1,778 per year up to the GMC Hummer EV Pickup costing $2,340 per year, a difference of $562 within that segment.
In these next sections, we reduce this variability by looking at car insurance cost in Denver for specific cars, trucks, and SUVs.
Cheapest cars to insure in Denver
The four top-ranked 2-door and 4-door sedans and hatchbacks with the cheapest insurance in Denver are the Chevrolet Spark at $1,452 per year, Toyota Corolla at $1,532 per year, Subaru Impreza at $1,596 per year, and Kia Rio at $1,606 per year.
Other models that are affordable to insure are the Kia Forte, Mazda 6, Nissan Sentra, and Mazda 3, with an average car insurance cost of $1,728 per year or less.
Car insurance rates for this segment in Denver starts at an average of $121 per month, depending on your company and location.
The rate comparison table below ranks the cars with the most affordable insurance in Denver, starting with the Chevrolet Spark at $1,452 per year ($121 per month) and ending with the Subaru Legacy at $1,864 per year ($155 per month).
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Chevrolet Spark | Compact | $1,452 | $121 |
| Toyota Corolla | Compact | $1,532 | $128 |
| Subaru Impreza | Compact | $1,596 | $133 |
| Kia Rio | Compact | $1,606 | $134 |
| Honda Civic | Compact | $1,628 | $136 |
| Nissan Sentra | Compact | $1,638 | $137 |
| Mazda 3 | Compact | $1,662 | $139 |
| Mazda 6 | Midsize | $1,692 | $141 |
| Kia Forte | Compact | $1,724 | $144 |
| Chevrolet Malibu | Midsize | $1,728 | $144 |
| Hyundai Accent | Compact | $1,728 | $144 |
| Honda Insight | Midsize | $1,730 | $144 |
| Toyota Prius | Compact | $1,730 | $144 |
| Volkswagen Golf | Compact | $1,768 | $147 |
| Volkswagen Jetta | Compact | $1,786 | $149 |
| Honda Accord | Midsize | $1,822 | $152 |
| Kia K5 | Midsize | $1,830 | $153 |
| Nissan Versa | Compact | $1,848 | $154 |
| Volkswagen Passat | Midsize | $1,852 | $154 |
| Subaru Legacy | Midsize | $1,864 | $155 |
The most popular cars on the streets in Denver aren’t guaranteed to have the most affordable auto insurance rates. Some popular models that were not in the top 20 cheapest rankings above include the Hyundai Sonata costing an average of $2,144 per year ($179 per month), the Volkswagen GTI at an average of $1,840 ($153 per month), and the Nissan Maxima at $2,000 ($167 per month).
For more car insurance comparisons, see our guides for compact car insurance, midsize car insurance, and full-size car insurance.
Don’t see your vehicle? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free Denver car insurance quotes from top companies in Colorado.
Cheapest SUV insurance rates in Denver
The top five models for the most affordable Denver auto insurance rates in the non-luxury SUV segment are the Hyundai Kona, Honda CR-V, Toyota C-HR, Chevrolet Trax, and Mazda CX-30. Rates for these 2022 models average $125 or less per month.
Rounding out the top 10 are SUVs like the Mazda CX-5, Ford Ecosport, Kia Soul, and Buick Envision, with average cost of $1,512 per year or less.
Car insurance in this segment can cost as low as $123 per month, depending on where you live.
The most budget-friendly compact SUV to insure in Denver is the Mazda CX-30 at $1,478 per year. For midsize 2022 SUV models, the Chevrolet Blazer has the cheapest rates at $1,514 per year. And for full-size SUVs, the Chevrolet Tahoe is most affordable to insure at $1,936 per year.
The comparison table below ranks the twenty SUVs with the cheapest average car insurance rates in Denver.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Mazda CX-30 | Compact | $1,446 | $121 |
| Honda CR-V | Compact | $1,448 | $121 |
| Chevrolet Trax | Compact | $1,460 | $122 |
| Toyota C-HR | Compact | $1,460 | $122 |
| Hyundai Kona | Compact | $1,462 | $122 |
| Buick Envision | Compact | $1,464 | $122 |
| Ford Ecosport | Compact | $1,474 | $123 |
| Mazda CX-5 | Compact | $1,476 | $123 |
| Chevrolet Blazer | Midsize | $1,478 | $123 |
| Kia Soul | Compact | $1,478 | $123 |
| Nissan Rogue Sport | Compact | $1,480 | $123 |
| Hyundai Venue | Compact | $1,498 | $125 |
| Buick Encore | Compact | $1,510 | $126 |
| Nissan Kicks | Compact | $1,510 | $126 |
| Chevrolet Trailblazer | Compact | $1,520 | $127 |
| Kia Sportage | Compact | $1,528 | $127 |
| Mitsubishi Eclipse Cross | Compact | $1,532 | $128 |
| Chevrolet Equinox | Compact | $1,536 | $128 |
| Jeep Compass | Compact | $1,536 | $128 |
| Toyota Corolla Cross | Compact | $1,542 | $129 |
Some popular SUVs that cost more to insure than the models shown above include the Toyota 4Runner costing $1,840 per year ($153 per month), the Chevrolet Traverse costing an average of $1,724 ($144 per month), and the Nissan Pathfinder at an average of $1,812 ($151 per month).
See our comprehensive guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to view data for vehicles not featured in the table.
Don’t see your vehicle? That’s no problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top auto insurance companies in Colorado.
Cheapest pickups to insure in Denver
The top five models for the most affordable Denver auto insurance rates in the pickup truck segment are the Chevrolet Colorado, Ford Ranger, Chevrolet Silverado HD 3500, Ford Maverick, and Toyota Tacoma. Auto insurance prices for these 2022 models average $1,744 or less per year.
Some other pickups that rank well include the Nissan Frontier, Honda Ridgeline, Ford F150, and Jeep Gladiator, with average rates of $1,810 per year or less.
Full-coverage insurance for this segment in Denver starts at an average of $126 per month, depending on your location. The rate comparison table below ranks the pickups with the cheapest average auto insurance rates in Denver, starting with the Chevrolet Colorado at $1,512 per year ($126 per month) and ending with the Ford F250 Super Duty at $2,186 per year ($182 per month).
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Chevrolet Colorado | Midsize | $1,478 | $123 |
| Ford Maverick | Midsize | $1,538 | $128 |
| Ford Ranger | Midsize | $1,582 | $132 |
| Toyota Tacoma | Midsize | $1,642 | $137 |
| Chevrolet Silverado HD 3500 | Heavy Duty | $1,710 | $143 |
| Nissan Frontier | Midsize | $1,710 | $143 |
| GMC Canyon | Midsize | $1,722 | $144 |
| Hyundai Santa Cruz | Midsize | $1,728 | $144 |
| Ford F150 | Full-size | $1,738 | $145 |
| Honda Ridgeline | Midsize | $1,746 | $146 |
| Jeep Gladiator | Midsize | $1,770 | $148 |
| GMC Sierra | Full-size | $1,826 | $152 |
| Nissan Titan | Full-size | $1,896 | $158 |
| Toyota Tundra | Full-size | $1,908 | $159 |
| Chevrolet Silverado | Full-size | $1,932 | $161 |
| Ford F350 Super Duty | Heavy Duty | $1,952 | $163 |
| Nissan Titan XD | Heavy Duty | $2,020 | $168 |
| Ram Truck | Full-size | $2,050 | $171 |
| GMC Sierra 2500 HD | Heavy Duty | $2,102 | $175 |
| GMC Sierra 3500 | Heavy Duty | $2,114 | $176 |
See our comprehensive guides for midsize pickup insurance and large pickup insurance to view data for pickups not featured in the table.
Looking for rates for a different pickup? That’s no problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free Denver car insurance quotes from top-rated auto insurance companies in Colorado.
Cheapest luxury cars to insure in Denver
The cheapest luxury cars to insure in Denver are the Acura ILX at $1,700 per year, the Mercedes-Benz A220 at $1,804 per year, and the BMW 330i at $1,940 per year.
Other luxury cars that have affordable average insurance rates are the BMW 230i, BMW Z4, Cadillac CT4, and BMW 228i, with an average car insurance cost of $2,034 per year or less.
Ranked in the lower half of the top 20, models like the Audi S3, Lexus IS 300, Genesis G70, Alfa Romeo Giulia, and Mercedes-Benz AMG CLA35 average between $2,034 and $2,130 per year for insurance.
Car insurance in Denver for this segment for the average driver will start around $142 per month, depending on your location and insurance company.
When the luxury car segment is analyzed by vehicle size, the cheapest compact luxury car to insure in Denver is the Mercedes-Benz A220 at $1,804 per year. For midsize luxury models, the Acura ILX is cheapest to insure at $1,700 per year. And for full-size luxury cars, the Audi A5 has the most affordable rates at $2,186 per year.
The comparison table below ranks the twenty cars with the most affordable insurance in Denver, starting with the Acura ILX at $142 per month and ending with the Audi A4 at $178 per month.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Acura ILX | Midsize | $1,664 | $139 |
| Mercedes-Benz A220 | Compact | $1,764 | $147 |
| BMW 330i | Compact | $1,894 | $158 |
| Acura TLX | Compact | $1,908 | $159 |
| Volvo S60 | Compact | $1,922 | $160 |
| BMW 330e | Compact | $1,930 | $161 |
| BMW 228i | Compact | $1,940 | $162 |
| BMW 230i | Compact | $1,952 | $163 |
| Lexus RC 300 | Midsize | $1,980 | $165 |
| Lexus IS 300 | Midsize | $1,984 | $165 |
| Cadillac CT4 | Compact | $1,986 | $166 |
| Alfa Romeo Giulia | Compact | $1,988 | $166 |
| Lexus RC 350 | Compact | $1,988 | $166 |
| Genesis G70 | Compact | $2,024 | $169 |
| Mercedes-Benz AMG CLA35 | Midsize | $2,032 | $169 |
| BMW i4 | Midsize | $2,042 | $170 |
| Cadillac CT5 | Midsize | $2,044 | $170 |
| Audi S3 | Compact | $2,064 | $172 |
| Audi A4 | Compact | $2,076 | $173 |
| Mercedes-Benz AMG CLA45 | Midsize | $2,078 | $173 |
See our guide for luxury car insurance to compare rates for all makes and models.
Don’t see your luxury car? No problem! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free Denver car insurance quotes from top-rated companies in Colorado.
Cheapest luxury SUV insurance rates in Denver
The Acura RDX ranks at #1 for the lowest-cost luxury SUV model to insure in Denver, followed by the Cadillac XT4, Volvo XC40, Cadillac XT5, and Lexus NX 250. The 2022 model costs an average of $1,576 per year to insure with full coverage.
Additional models that are affordable to insure are the Lexus NX 350h, Lexus UX 250h, Lexus UX 200, and Lexus NX 350, with average annual insurance rates of $1,878 per year or less.
Full-coverage auto insurance in this segment for an average middle-age driver starts at around $131 per month, depending on your location.
The most affordable small luxury SUV to insure in Denver is the Acura RDX at $1,576 per year. For midsize 2022 models, the Cadillac XT5 has the best rates at $1,792 per year. And for large luxury SUVs, the Volvo XC90 has the cheapest rates at $2,078 per year.
The rate comparison table below ranks the twenty SUVs with the cheapest average insurance rates in Denver, starting with the Acura RDX at $131 per month and ending with the Mercedes-Benz GLC300 at $162 per month.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Acura RDX | Compact | $1,536 | $128 |
| Cadillac XT4 | Compact | $1,574 | $131 |
| Volvo XC40 | Compact | $1,722 | $144 |
| Cadillac XT5 | Midsize | $1,750 | $146 |
| Lexus NX 250 | Compact | $1,784 | $149 |
| BMW X1 | Compact | $1,786 | $149 |
| Lexus NX 350h | Compact | $1,796 | $150 |
| Lexus UX 250h | Compact | $1,796 | $150 |
| Lexus NX 350 | Compact | $1,826 | $152 |
| Lexus UX 200 | Compact | $1,834 | $153 |
| Jaguar E-Pace | Midsize | $1,836 | $153 |
| Lexus RX 350 | Midsize | $1,840 | $153 |
| Lincoln Nautilus | Midsize | $1,872 | $156 |
| Lexus NX 450h | Compact | $1,878 | $157 |
| Mercedes-Benz GLB 250 | Compact | $1,886 | $157 |
| Lexus RX 450h | Midsize | $1,888 | $157 |
| Infiniti QX50 | Midsize | $1,896 | $158 |
| Land Rover Evoque | Compact | $1,896 | $158 |
| Lincoln Corsair | Compact | $1,898 | $158 |
| Mercedes-Benz GLC300 | Compact | $1,902 | $159 |
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? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from the best companies in Colorado.
Cheapest sports cars to insure in Denver
The top-ranked model in Denver for cheapest auto insurance rates in the sports car segment is the Mazda MX-5 Miata, with an average cost of $1,592 per year. Second place is the Ford Mustang costing $1,938 per year, the third most affordable is the BMW Z4, at an average of $1,976 per year, and the fourth cheapest is the Subaru WRX, at an average of $2,090 per year.
Not the cheapest sports cars to insure, but still affordable, are models like the Toyota GR Supra, Subaru BRZ, Chevrolet Corvette, and BMW M3, with an average cost of $2,380 per year or less.
From a cost per month standpoint, auto insurance rates in this segment for a good driver can cost as low as $133 per month, depending on the company and where you live.
The table below ranks the twenty sports cars with the most affordable insurance in Denver.
| Make/Model | Vehicle Type | Annual Cost | Monthly Cost |
|---|---|---|---|
| Mazda MX-5 Miata | Sports Car | $1,552 | $129 |
| Ford Mustang | Sports Car | $1,892 | $158 |
| BMW Z4 | Sports Car | $1,928 | $161 |
| Subaru WRX | Sports Car | $2,042 | $170 |
| Toyota GR86 | Sports Car | $2,092 | $174 |
| Toyota GR Supra | Sports Car | $2,136 | $178 |
| Audi TT | Sports Car | $2,180 | $182 |
| Chevrolet Corvette | Sports Car | $2,238 | $187 |
| Subaru BRZ | Sports Car | $2,256 | $188 |
| BMW M3 | Sports Car | $2,316 | $193 |
| Porsche 718 | Sports Car | $2,416 | $201 |
| Chevrolet Camaro | Sports Car | $2,490 | $208 |
| Lexus RC F | Sports Car | $2,526 | $211 |
| Dodge Challenger | Sports Car | $2,556 | $213 |
| Mercedes-Benz AMG GT53 | Sports Car | $2,578 | $215 |
| Jaguar F-Type | Sports Car | $2,702 | $225 |
| Porsche Taycan | Sports Car | $2,770 | $231 |
| Porsche 911 | Sports Car | $2,834 | $236 |
| BMW M4 | Sports Car | $2,848 | $237 |
| Lexus LC 500 | Sports Car | $2,948 | $246 |
Don’t see insurance cost for your sports car? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from the best companies in Colorado.
Driver profile impacts car insurance rates
In order to reinforce the concept of the amount car insurance premiums can range from one person to the next, the charts below contain a large range of rates for five popular models in Denver: the Ford F150, Honda Civic, Nissan Rogue, Toyota Camry, and Chevrolet Camaro.
Each vehicle example uses a variety of different driver profiles to demonstrate the difference in average cost when using different driver profiles.
Ford F150 insurance rates
Insurance for a Ford F150 in Denver costs an average of $1,738 per year (about $145 per month) and ranges from $1,476 to $4,016 annually.
The Ford F150 is considered a full-size truck, and other models popular in Denver include the GMC Sierra, Chevrolet Silverado, Nissan Titan, and Ram Truck.
Honda Civic insurance rates
Honda Civic insurance in Denver averages $1,590 per year ($133 per month) and varies from $1,354 to $3,658 annually.
The Honda Civic is part of the compact car segment, and other similar models from the same segment include the Toyota Corolla, Volkswagen Jetta, and Hyundai Elantra.
Nissan Rogue insurance rates
In Denver, Nissan Rogue insurance costs an average of $1,588 per year, or around $132 per month, and varies from $1,352 to $3,664 per year.
The Nissan Rogue is considered a compact SUV, and other similar models from the same segment include the Toyota RAV4, Mazda CX-5, and Honda CR-V.
Toyota Camry insurance rates
Insurance for a Toyota Camry in Denver averages $1,848 per year, or about $154 per month, and ranges from $1,574 to $4,284 annually.
The Toyota Camry is considered a midsize car, and other popular models include the Nissan Altima, Hyundai Sonata, Kia K5, and Honda Accord.
Chevrolet Camaro insurance rates
Insurance for a Chevrolet Camaro in Denver averages $2,490 per year, or around $208 per month, and ranges from $2,112 to $5,762.
The Chevrolet Camaro is classified as a sports car, and additional models from the same segment that are popular in Denver include the Ford Mustang, Nissan 370Z, and Chevrolet Corvette.
Tips for finding cheaper Denver car insurance
Denver drivers are always searching for ways to pay less for auto insurance So glance through the money-saving tips in the list below and maybe you can save some money the next time you need to insure a vehicle.
- If your vehicle is older, reduce coverage. Dropping comprehensive and collision coverage from vehicles whose low value makes coverage cost prohibitive can cheapen the cost substantially.
- Your profession could save you money. The large majority of insurance companies offer discounts for being employed in occupations like engineers, nurses, college professors, doctors, emergency medical technicians, and others. By qualifying for an occupational discount, you may save between $55 and $182 on your yearly insurance bill, depending on the age of the rated driver.
- Remain claim free. Most insurance companies offer a discount if you have not filed any claims. Auto insurance should only be used in the case of large financial hits, not for minor claims that can easily be paid out-of-pocket.
- The real world isn’t Grand Theft Auto. If you want to get the cheapest car insurance in Denver, it pays to avoid traffic citations. Not surprisingly, just a couple of minor driving offenses have the consequences of increasing policy rates by at least $482 per year. Being convicted of a crime such as a DWI could raise rates by an additional $1,684 or more.
- Research discounts to save money. Discounted rates may be available if the insured drivers are good students, drive low annual mileage, work in certain occupations, sign their policy early, or many other discounts which could save the average Denver driver as much as $312 per year on the cost of car insurance
- Excellent credit equals excellent rates. Drivers who have credit scores over 800 could save an average of $288 per year versus a good rating of 670-739. Conversely, a credit score below 579 could cost as much as $334 more per year. Not all states use credit score as a rating factor, so check with your agent or company.
- Choose a vehicle that is cheaper to insure. The vehicle you drive is one of the primary factors in the price you pay for insurance. As an example, a Kia Telluride costs $1,820 less per year to insure in Denver than a Acura NSX. Lower performance vehicles save money.
