Finding cheap auto insurance is easier said than done, and deciding which companies have the most affordable insurance rates for 20 year old women will take more quotes for comparison. Each insurance company has a proprietary formula for determining rates, so we’ll go over the most budget-friendly insurance companies in Colorado.
Best Car Insurance Prices for Women Age 20
|Rank||Company||Cost Per Year|
|15||Colorado Farm Bureau||$1,624|
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The Hartford generally has some of the cheapest car insurance rates in Aurora at around $850 a year. Grange, USAA, Nationwide, and Auto-Owners would also be considered some of the cheapest Aurora, CO car insurance companies.
As depicted above, if you currently have a policy with USAA and switched to The Hartford, you might realize annual savings of in the vicinity of $159. Insureds with Nationwide could save as much as $305 a year, and Auto-Owners insureds might see rate reductions of $318 a year.
Be aware that those rates are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a specific location for 20 year old women. So the company that is most affordable for your situation may not even be in the top 21 companies in the list above. That underscores the importance of why you need to quote rates from many companies using your own personalized driver profile and vehicle information.
For young women, one of the big considerations that help determine insurance cost is where you choose to live in Aurora. More densely populated places tend to pay slightly more, whereas less populated areas benefit from lower prices.
The illustration below rates the highest-priced places in Colorado for 20 year old women to purchase a policy in. Aurora ranks #3 with a yearly cost of $1,375 for the average insured, which is around $115 each month.
|Rank||City||Average Per Year|
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Rate quotes are comparative as the specific Aurora residence address can influence prices substantially.
The car, truck, or SUV that is being insured is probably the most important factor when comparison shopping for cheaper car insurance for 20 year old women. Vehicles with lower performance, advanced safety features, or a track record of few liability claims will cost significantly less to insure than higher performance models.
The information below presents car insurance rates for some of the most budget-friendly vehicles to insure.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$2,838|
|Honda CR-V EX-L 4WD||$2,879|
|Ford F-150 XL Crew Cab 2WD||$3,183|
|Dodge Grand Caravan SE||$3,191|
|Ford Explorer XLT 2WD||$3,183|
|Chevrolet Impala LS||$3,325|
|Ford Edge SEL 2WD||$3,334|
|Honda Odyssey EX W/Rear Entertainment||$3,325|
|Toyota RAV4 Limited 2WD||$3,366|
|Nissan Altima 2.5 4-Dr Sedan||$3,375|
|Volkswagen Jetta LE 4-Dr Sedan||$3,366|
|Chevrolet Equinox LS AWD||$3,375|
|Chevrolet Malibu Hybrid||$3,366|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$3,410|
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Data based on single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium costs do not factor in zip code location which can influence coverage prices substantially.
Based on these rates, you can infer that models like the Ford Escape, Honda CR-V, and Toyota Prius are most likely going to be a few of the less-costly vehicles to insure for young women. The cost of a car insurance policy will tend to be more expensive anyway because of the fact that there is more risk for 20 year old women, but overall those models will most likely have the lowest prices compared to all other vehicles.
Types of discounts on Aurora car insurance rates
Insurance providers that offer cheap quotes for 20 year old women may have discounts that could potentially reduce rates by as much as 40% or more if you are eligible. Companies and a partial list of their discounts are detailed below.
- Travelers offers premium reductions for multi-policy, good student, multi-car, save driver, hybrid/electric vehicle, driver training, and early quote.
- 21st Century has savings for early bird, anti-lock brakes, defensive driver, 55 and older, driver training, and teen driver.
- State Farm offers discounts for safe vehicle, passive restraint, multiple policy, Steer Clear safe driver discount, and driver’s education.
- GEICO discounts include good student, five-year accident-free, daytime running lights, military active duty, defensive driver, and membership and employees.
- SAFECO offers discounts including anti-theft, drive less, accident prevention training, anti-lock brakes, teen safe driver, teen safety rewards, and safe driver.
- AAA has discounts for education and occupation, AAA membership discount, pay-in-full, good driver, and multi-car.
The chart below visualizes the comparison of car insurance costs with and without policy discounts. The price estimates are based on a female driver, a clean driving record, no claims, Colorado state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with paid-in-full, good student, vehicle safety, continuous coverage, anti-theft, and passive restraint discounts applied. When drivers take advantage of discounts, theamount saved on insurance for 20 year old women is 21% or $501.
Cautious drivers save money
A great way to obtain cheap insurance rates in Aurora for young women is to drive attentively and avoid tickets and accidents. The diagram below shows how traffic citations and accident claims can affect auto insurance rates for different ages of insureds. The costs are based on a married male driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.
In the previous chart, the average cost of a car insurance policy per year with a clean driving record and no accidents is $1,743. Get written up for one speeding ticket and the average cost jumps to $2,000, an increase of $256 each year. Then add two accidents along with the one speeding ticket and the 12-month cost of insurance for 20 year old women goes up to an average of $4,146. That’s an increase of $2,402, or $200 per month, just for being a little careless behind the wheel!
Who has the cheapest Aurora car insurance?
Aurora, CO insurance rates are calculated based on many things which can substantially change the price you have to pay for coverage. Simply improving your credit, buying a different home, or getting caught speeding can trigger price changes resulting in some rates now being more affordable than before.
Additionally, car insurance companies amend pricing every year or even multiple times each year in order to be able to pay unexpected claims. A period of higher than normal claims may result in more expensive prices, while a lower level of claims may result in lower-priced Aurora car insurance rates.
To help illustrate this point, the chart below analyzes the cheapest car insurance in Aurora, CO for a 35-year-old female driver with no accidents or violations, and excellent credit. When comparing rates based on her current risk factors, The Hartford may have the lowest car insurance rates in Aurora at $1,063 annually. This is $515 less than the average premium paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and Travelers are the remainder of the cheapest Aurora, CO auto insurance companies.
The example below compares rates after we give the driver from above some claims, slightly worse credit, and a speeding citation. Because each company has their own formula for determining prices, comparing insurance quotes most likely will result in a completely different list of companies as shown below.
Auto-Owners now has the cheapest price in Aurora with State Farm, American Family, Progressive, and Amica completing the list. This example illustrates why it is critical to compare many different companies when trying to get the best auto insurance quotes for 20 year old women. Prices are impacted by many risk factors and change dramatically, so the lowest-price company six months ago may now be wasting a lot of money.
How to find more affordable car insurance for 20 year old women
The list below details a few thrifty solutions that can help Colorado drivers buy cheap car insurance.
- Buy vehicles with five-star safety ratings
- Do not get tickets
- Increase your comprehensive and collision deductibles
- Good credit scores may make rates cheaper
- Maintain a safe distance and avoid accidents
- Compare rate quotes often
That final tip is extraordinarily significant, as was affirmed in the prior article. Coverage rates in Aurora change a lot, so don’t be tentative to buy from a different company if a lower price can be found.
Staying with the same company for years is fine, but is isn’t recommended if your bullheadedness ends up costing you big bucks every year. Now is a great time to compare prices to find cheaper car insurance for 20 year old women.
If you prefer to have a little guidance when comparing insurance rates for young women, the agents below can provide answers to your questions and help you determine which coverage meets your needs best. To find an Aurora insurance agent close to you, click the link after the list or click here to compare rates now.
Sam Smith – State Farm Insurance Agent
13688 E Iliff Ave a – Aurora, CO 80014 – (720) 535-5506
Lawrence Neal – State Farm Insurance Agent
15037 E Colfax Ave k – Aurora, CO 80011 – (303) 340-8849
Allstate Insurance: Roger Francis
18757 E Hampden Ave Ste 154 – Aurora, CO 80013 – (303) 792-3460
Dickson Insurance Agency
4093 S Olathe Ct – Aurora, CO 80013 – (303) 693-1936
State Farm Insurance Agency – Jason Hart
15201 E Moncrieff Pl e – Aurora, CO 80011 – (720) 920-9043