Who Has Affordable Auto Insurance Rates for Good Drivers in Aurora?

The words “economical” and “insurance” really don’t belong together, specifically when looking for the cheapest car insurance for good drivers. In an attempt to save some money, let’s familiarize you with a few of the factors that have a considerable impact on auto insurance rates, and figure out some ideas to shave a little off your next policy.

Deciding which companies have the cheapest insurance rates for good drivers requires a bit more work than just comparing a company or two. Each auto insurer has a different process for filing rates in each state, so we will examine the most affordable insurance companies in Colorado.

It’s important to know that Aurora insurance rates are influenced by many factors that will increase or decrease the cost of a policy. Simply getting older, increasing liability limits, or getting a speeding ticket can trigger rate changes that can cause some rates to be much cheaper than others.

Best Cheap Insurance Rates for Good Drivers

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Cheapest Colorado car insurance ranked by price
Rank Company Cost Per Year
1 The Hartford $825
2 Grange $978
3 USAA $999
4 Nationwide $1,109
5 Auto-Owners $1,156
6 GEICO $1,187
7 Travelers $1,219
8 State Farm $1,246
9 American Family $1,275
10 Progressive $1,336
11 Amica $1,353
12 California Casualty $1,488
13 Allied $1,497
14 Farmers $1,613
15 Colorado Farm Bureau $1,624
16 MetLife $1,811
17 Allstate $2,055
18 Encompass $2,253
19 Safeco $2,547
20 Titan $2,738
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The Hartford normally has some of the best car insurance rates in Aurora at around $825 a year. Grange, USAA, Nationwide, and Auto-Owners also qualify as some of the cheaper Aurora, CO insurance companies.

In the above rates, if you buy coverage from Auto-Owners and switched to Grange, you might achieve annual savings of in the vicinity of $178. Customers with GEICO might save as much as $209 a year, and Travelers customers might lower prices by up to $241 a year.

Understand that those premium estimates are averaged across all drivers and vehicles and do not take into consideration a specific location for good drivers. So the auto insurance company that can offer you the best price may not even be in the top 21 companies in the list above. That points out the importance of why you need to compare rates from as many companies as possible using your own specific driver and vehicle information.

For safe drivers, one of the largest things that are looked at to help calculate the amount you pay each year for auto insurance is where you call home in Aurora. More populated areas tend to have higher rates, whereas less populated areas benefit from having to pay less for coverage.

The illustration below sorts the most expensive cities in Colorado for good drivers to purchase car insurance in. Aurora is ranked at #3 costing $1,375 for the average policy, which is about $115 each month.

How much does car insurance cost in Aurora, CO?
Rank City Annual Premium
1 Pueblo $1,455
2 Denver $1,439
3 Aurora $1,375
4 Northglenn $1,329
5 Colorado Springs $1,329
6 Commerce City $1,328
7 Lakewood $1,324
8 Arvada $1,308
9 Littleton $1,306
10 Centennial $1,304
11 Security-Widefield $1,291
12 Brighton $1,285
13 Thornton $1,281
14 Ken Caryl $1,274
15 Westminster $1,272
16 Parker $1,257
17 Castle Rock $1,248
18 Highlands Ranch $1,229
19 Boulder $1,207
20 Broomfield $1,203
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Rate information is comparative as the specific area where the vehicle is garaged can impact rates significantly.

The car, truck, or SUV you are seeking coverage for is one of the largest factors when comparison shopping for low-priced auto insurance for good drivers. Vehicles with high performance features, a lack of advanced safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than safer models. The data below shows insurance premiums for a selection of the most affordable automobiles to buy insurance for.

Cheapest Vehicles to Insure in Aurora, CO
Vehicle Estimated Cost for Full Coverage
Honda CR-V EX 2WD $1,372
Ford Escape XLT 2WD $1,380
Honda Accord LX 4-Dr Sedan $1,372
Toyota Tacoma 4WD $1,538
Ford F-150 XL Regular Cab 2WD $1,549
Ford Edge Limited 2WD $1,594
Chevrolet Equinox LT 2WD $1,625
Volkswagen Jetta S 2.5 Station Wagon $1,633
Ford Explorer Limited 2WD $1,654
Chevrolet Malibu LT $1,664
Toyota Prius $1,668
Hyundai Elantra SE 4-Dr Sedan $1,713
Honda Civic Hybrid 4-Dr Sedan $1,742
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Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Rates do not factor in vehicle location which can modify prices noticeably.

Looking at the data, we can conclude that cars like the Honda CR-V, Ford Escape, Honda Accord, Toyota Tacoma, and Ford F-150 will be a few of the less-costly vehicles to insure for safe drivers.

Best insurance company in Colorado

Insuring your vehicle with the right company is hard considering how many companies sell insurance in Colorado. The company ratings below may help you decide which insurers to look at shopping your coverage with.

The rankings below are for major nationwide insurance companies, so smaller companies are not factored into this list. To check prices from these companies and more, just click here.

Top 10 Large Auto Insurance Companies in Aurora Ranked by Claims Service

  1. State Farm
  2. Esurance
  3. AAA Insurance
  4. Progressive
  5. Liberty Mutual
  6. GEICO
  7. Allstate
  8. Titan Insurance
  9. The Hartford
  10. The General

Top 10 Large Auto Insurance Companies in Aurora Ranked by A.M. Best Rating

  1. USAA – A++
  2. Travelers – A++
  3. State Farm – A++
  4. GEICO – A++
  5. Esurance – A+
  6. Nationwide – A+
  7. Allstate – A+
  8. Progressive – A+
  9. Titan Insurance – A+
  10. The Hartford – A+

The chart below illustrates how your deductible choice can change insurance costs when trying to find cheap insurance for good drivers. The rate quotes are based on a single male driver, full coverage, and no discounts are factored in.

The chart above illustrates that a 40-year-old driver could pocket $402 a year by increasing from a $100 deductible up to a $500 deductible, or save $606 by selecting a $1,000 deductible. Even younger insureds, such as the Age 20 example, can save $1,332 or more just by choosing larger deductibles. When insureds make the decision to increase the deductibles on their policy, it will be required to have enough in a savings account to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.

Difference between liability only and full coverage rates

Saving money on insurance is the goal of most people, and one of the fastest ways to find cheap insurance for good drivers is to not buy comprehensive and collision coverage. The diagram below shows the comparison of auto insurance rates with full physical damage coverage and with liability coverage only. The prices are based on no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no discounts are factored in.

Averaged for all age groups, physical damage coverage on your policy costs $1,656 per year more than just buying liability insurance. Lot’s of drivers question when is the right time to remove full coverage. There is no definitive guideline to stop buying comp and collision coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s say your vehicle’s claim settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after paying the physical damage deductible. If you are paying in excess of $600 annually for your policy with full coverage, then you may need to consider dropping full coverage.

There are some situations where eliminating full coverage is not in your best interest. If you still owe money on your vehicle, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.