Comparing rates for cheap insurance is hard enough, and determining which companies quote the lowest-priced insurance rates for infrequent drivers may require a little more work.
Every insurance company has a different process for determining rates in each state, so first we will examine the most competitive insurance companies in Colorado.
Best Car Insurance Prices in Colorado
|Rank||Company||Cost Per Year|
|15||Colorado Farm Bureau||$1,640|
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The Hartford quotes some of the cheapest car insurance rates in Aurora at around $825 per year. This is $753 less than the average policy premium paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and Auto-Owners also qualify as some of the lowest-priced Aurora, CO car insurance companies.
In the rate table above, if you are a customer of Nationwide and switched to The Hartford, you may see yearly savings of about $296. Insureds with Auto-Owners might save as much as $331 a year, and Travelers policyholders might lower prices by up to $346 a year.
To see if your current coverage is too expensive, click here to begin a quote or quote prices from the following companies.
These premium estimates are averages for all ages of drivers and types of vehicles and and are not figured with a specific zip code for infrequent drivers. So the company that is best suited for you may not even be in the list above. That’s why you need to compare prices as often as possible using your own specific driver information and vehicle.
The vehicle model needing coverage is probably the most important factor when shopping for the most economical insurance for infrequent drivers. Vehicles with lower performance, a great safety record, or a low likelihood of having liability claims will cost substantially less to insure than higher performance models. The next list presents coverage costs for some of the most affordable automobiles to buy insurance for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$1,403|
|Dodge Grand Caravan CV||$1,436|
|Ford Escape XLT 4WD||$1,482|
|Ford Edge SEL AWD||$1,487|
|Jeep Grand Cherokee Laredo 2WD||$1,518|
|Hyundai Elantra SE Touring Station Wagon||$1,528|
|Honda Accord EX-L 4-Dr Sedan||$1,537|
|Ford Explorer Eddie Bauer 4WD||$1,546|
|Ford F-150 XL Crew Cab 2WD||$1,569|
|Honda Civic EX 4-Dr Sedan||$1,574|
|Chevrolet Impala LTZ||$1,600|
|Chevrolet Silverado LT Regular Cab 2WD||$1,625|
|Ford Focus SE 4-Dr Sedan||$1,628|
|Honda Odyssey EX W/Rear Entertainment||$1,634|
|Nissan Altima 3.5 SR 4-Dr Sedan||$1,628|
|Volkswagen Jetta 2.0T Station Wagon||$1,653|
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Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Premium costs do not factor in zip code location which can raise or lower coverage rates considerably.
Looking at the rates, vehicles like the Honda CR-V, Dodge Grand Caravan, Ford Escape, Ford Edge, and Jeep Grand Cherokee are some of the cheapest vehicles to insure for low mileage drivers.
For low mileage drivers, one of the largest factors that are used to help calculate the amount you pay each year for auto insurance is your address. More densely populated places will most likely pay more, whereas less populated areas can boast about having cheaper rates.
The following table rates the highest-priced places in Colorado for infrequent drivers to buy an auto insurance policy in. Aurora shows up at #3 costing $1,375 for car insurance, which is around $115 per month.
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Price information shown is comparative as specific Aurora garaging address can affect prices considerably.
Comparison of full coverage and liability-only policies
Saving on insurance is probably important to the majority of vehicle owners, and a good way to lower the cost of insurance for infrequent drivers is to only pay for liability coverage. The example below illustrates the difference between premium costs with full physical damage coverage and with liability coverage only. The data assumes no driving violations, no at-fault accidents, $250 deductibles, single marital status, and no discounts are applied to the premium.
If averaged out across all ages, full coverage costs $2,465 per year more than just buying liability only. That proposes the question if it’s worth it to buy full coverage. There is no exact rule to stop buying physical damage coverage, but there is a guideline you can consider. If the yearly cost of full coverage is more than about 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.
For example, let’s assume your vehicle’s replacement value is $7,500 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,500 after the deductible is paid. If you are paying more than $650 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.
Insuring your vehicle with a highly-rated insurer can be challenging considering how many companies are available to choose from in Colorado. The rank data shown next could help you choose which auto insurance companies you want to consider putting your business with.
The ratings below are only comprised of the largest companies in the United States, so smaller companies are not taken into consideration for this list. To get rate quotes from these and other companies in Colorado, simply click here.
Top 10 Large Auto Insurers in Aurora Ranked by Customer Service
- State Farm
- The Hartford
- The General
- AAA Insurance
- American Family
Top 10 Large Auto Insurers in Aurora Ranked by Claims Service
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
- The General
Why you should shop around
Aurora, CO insurance rates are impacted by many things that will increase or decrease the price you pay. Simply having a birthday, moving to a new city, or getting into an accident may prompt premium changes that may make certain companies cheaper in comparison to the competition. In addition, insurance companies modify pricing as often as every quarter to adjust for unexpected claims or profits. A period of increased losses can result in a rate increase, while better underwriting may result in more affordable Aurora car insurance rates.
The bar chart below analyzes the cheapest car insurance in Aurora, CO for a 45-year-old male driver with a clear driving record, no claims, and solid credit. If we estimate rates based on his personal risk profile, The Hartford offers the lowest car insurance rates in Aurora at $1,095 per year. This is $483 less than the average price paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and Auto-Owners are the remainder of the most affordable Aurora, CO auto insurance companies.
Now we will pretend the driver from the first rate comparison a claim, poor credit, and a traffic citation. Because every insurance company has their own guidelines for setting rates, getting updated rate quotes could now result in a different set of the cheapest companies as shown below.
GEICO now has the best price in Aurora, CO with State Farm, Grange, American Family, and Progressive completing the list. This shows why Aurora drivers need to do a thorough rate comparison to find the best car insurance quotes for infrequent drivers.
Prices consist of many factors and change dramatically, so the best company six months ago may now not even be in the top five.
If you would rather have the advice of a professional agent when shopping around for cheaper insurance for low mileage drivers, the insurance agencies below can probably aid you in deciding which insurance coverage will be best for you.
To locate an Aurora auto insurance agent closest to you, click the link at the bottom.
Allstate Insurance: Jack Sughrue
2226 S Fraser St Unit 4 – Aurora, CO 80014 – (303) 751-4701
Farmers Insurance – John Flores
2821 S Parker Rd #235 – Aurora, CO 80014 – (720) 789-7980
Mike Gibbs – State Farm Insurance Agent
3140 S Parker Rd #2 – Aurora, CO 80014 – (303) 699-2800
2241 S Peoria St # 202 – Aurora, CO 80014 – (303) 337-3600
Stan Kellogg – State Farm Insurance Agent
15434 E Orchard Rd – Aurora, CO 80016 – (303) 699-2288