You should have a minimum amount in car insurance. Fort Collins’ average car insurance cost is $1,773 annually for a full coverage policy, and $493 per year for a minimal coverage policy.
To find the best car insurance in Fort Collins, we compared some of the largest Colorado car insurance companies based on market share. We evaluated each one on the basis of its average rate, coverage options and third-party ratings.
Fort Collins’s best car insurance companies
Fort Collins is home to many insurance companies. However, we found that American Family, State Farm and Geico are the top providers. These providers are known for their affordable rates, excellent coverage options, and strong third-party ratings that ensure financial stability and customer satisfaction. These are the top providers sorted by full coverage premiums, cheapest to highest.
Geico
Based on our sample quote comparison, Geico has the cheapest car insurance in Fort Collins, with an average annual full coverage premium of $982. Geico offers affordable coverage and some of the best discounts in the business. Geico offers unique savings for military personnel, federal employees, emergency deployment, federal employees and affinity groups. You can also have safety features installed in your vehicle.
USAA
USAA sells only car insurance to military personnel, active duty and retired. Fort Collins residents who qualify for USAA coverage will be able to take advantage of their excellent customer service, low rates, and great discounts. USAA offers discounts for being a smart student or a legacy customer, garaging your vehicle at base, taking defensive driving courses, and driving below a certain mileage.
American Family
J.D. Power’s 2021 U.S. Auto Insurance Study, American Family was ranked as the best company for overall customer satisfaction in the Southwest region (including Colorado). J.D. Power’s 2021 U.S. Auto Insurance Study ranked American Family as the top company in Southwest (which includes Colorado) for customer satisfaction. American Family provides affordable Fort Collins car insurance with great discounts and a wide variety of endorsements. For additional protection, drivers can add roadside assistance and gap insurance to their policy.
State Farm
State Farm is known for its low rates and generous discounts for Fort Collins drivers. State Farm is the only company that offers two safe driver reward programs. Steer Clear for drivers younger than 25 years old and Drive Safe & Save (for drivers older than 25). State Farm also offers common discounts such as bundling policies and being claim-free. They also offer driver training courses and other benefits.
Fort Collins has the lowest car insurance
The average cost of car insurance in Fort Collins is $1,773 for a full coverage policy and $493 for a minimum coverage policy, which is much cheaper than the average rate in Colorado. The average cost of Colorado car insurance is $2,016 for full coverage, and $168 for minimal coverage. The average national rate for full coverage insurance is $1,674.
Each Colorado car insurance company charges a different rate for coverage. Your rate will also be affected by personal factors such as age, claim history, and driving record. The table below shows the most affordable Fort Collins car insurance rates based on market share.
These five providers offer the cheapest car insurance in Colorado. They are however not all equal. You might not find the best deal for you, but your neighbor may have the best option.
To be eligible for coverage through USAA, you will need to be a member of the military. Geico has the lowest average rates, but it offers very limited coverage options. Although rates for Farmers and Auto-Owners are slightly higher, they offer many discounts and endorsements.
You should also consider the third-party ratings of these companies. J.D. In J.D. Power’s latest auto insurance study, USAA was rated higher than average. State Farm and State Farm were also rated high. These companies are either below average or not rated at any rate.
Fort Collins insurance requirements
In Fort Collins, drivers are required to carry a minimum amount of car insurance, which is abbreviated as 25/50/15. The following personal liability coverages are included:
- $25,000 bodily injury coverage per individual
- $50,000 per accident bodily injury coverage
- $25,000 in property damage coverage per accident
A minimum coverage policy may be the most affordable option, but drivers shouldn’t choose the lowest coverage in order to get the best rate. A minimum coverage policy does not guarantee that you will be fully covered in the event of an at fault crash. Drivers who lease or finance vehicles are usually required to have full coverage insurance until they pay off their loan.
Fort Collins car insurance discounts
Discounts are one of the best ways you can get affordable Fort Collins car insurance. Many Fort Collins car insurance companies offer discounts such as:
- Multi-policy DiscountInsurance companies that insure both their car and their home can often save drivers money on their premiums.
- Get a full discount when you pay in fullYou can get a lower rate by paying your annual insurance premium in one lump sum.
- Good student discountStudents with a high GPA can often qualify for car insurance discounts if they are smart.
- Safe vehicle discountYou might be eligible for a lower rate if your vehicle is equipped with certain safety features like airbags or anti-lock brakes.
It is worth looking at the discount percentages available when comparing car insurance companies. This will vary between providers. Bundling your policies can often result in large savings. However, paying your annual premium full will usually give you a smaller discount.
Questions frequently asked
Which is the best auto insurance company?
The best car insurance company is different for every driver. It all depends on where you live, the type of coverage that you require, how much you are willing to spend, and what discounts you may be eligible for.
What is the cost of Fort Collins car insurance?
Fort Collins’ average cost for car insurance is $1773 for full coverage, and $493 for minimal coverage. Keep in mind, however, that car insurance rates can be personalized based on factors such as your zip code, credit score, driving record, and age.
Fort Collins: How much do I need car insurance?
Fort Collins drivers must have at least 25/50/15 personal auto insurance. It is possible to increase your coverage levels for greater protection, or buy a policy with full coverage that covers your vehicle.
