Who Has Cheap Auto Insurance Rates for High Mileage Drivers in Denver?

The words “low-cost” and “auto insurance” probably shouldn’t be used together, in particular when you are trying to find the best car insurance rates for high mileage drivers. Let’s get started by showing you a few of the things that have an effect on auto insurance prices, and come up with some ideas to shave a little off your next policy.

For high mileage drivers, one of the big considerations that are looked at to determine the price you pay for insurance is your zip code in Denver. More populated areas tend to pay more, whereas areas with less congestion have the gratification of cheaper auto insurance rates.

The illustration below ranks the most expensive cities in Colorado for high mileage drivers in which to purchase auto insurance. Denver shows up at #3 with an annual cost of $1,383 on average, which is around $115 monthly.

How much does car insurance cost in Denver, CO?
Rank City Premium Per Year
1 Pueblo $1,455
2 Aurora $1,403
3 Denver $1,383
4 Northglenn $1,342
5 Security-Widefield $1,330
6 Lakewood $1,324
7 Commerce City $1,314
8 Arvada $1,308
9 Thornton $1,307
10 Littleton $1,293
11 Colorado Springs $1,290
12 Westminster $1,284
13 Ken Caryl $1,274
14 Parker $1,270
15 Centennial $1,265
16 Brighton $1,247
17 Highlands Ranch $1,229
18 Broomfield $1,215
19 Castle Rock $1,211
20 Boulder $1,207
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Table data uses comparative as the specific zip code location can change premium rates greatly.

The vehicle that needs insurance is one of the main factors when comparing quotes for the most economical coverage for high mileage drivers. Vehicles with higher performance characteristics, poor passenger safety features, or high incidents of liability claims will cost significantly more to insure than safer models. The table below shows insurance rates for a handful of the most cost-effective vehicles to insure.

Cheapest Vehicles to Insure in Denver, CO
Make and Model Estimated Cost for Full Coverage
Honda Accord EX 4-Dr Sedan $1,522
Honda CR-V LX 4WD $1,528
Ford Focus SE 4-Dr Sedan $1,545
Chevrolet Impala LS $1,555
Ford Escape XLT 4WD $1,556
Ford F-150 XLT Crew Cab 4WD $1,606
Hyundai Elantra SE Touring Station Wagon $1,653
Nissan Rogue S 2WD $1,692
Jeep Wrangler Rubicon 4WD 2-Dr $1,710
Ford Explorer Eddie Bauer 2WD $1,719
Toyota Tacoma 2WD $1,773
Honda Odyssey LX $1,786
Hyundai Sonata Limited 4-Dr Sedan $1,802
Volkswagen Jetta S 4-Dr Sedan $1,807
Toyota Prius $1,815
Dodge Grand Caravan SE $1,826
Dodge Ram Crew Cab Sport 4WD $1,834
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Rate quotes do not factor in vehicle location which can revise coverage prices significantly.

Looking at the numbers, cars like the Honda Accord, Honda CR-V, and Ford Focus are going to be some of the most affordable vehicles to insure for high mileage drivers.

Establishing which companies have the lowest-priced insurance rates for high mileage drivers will take a tad more effort than just comparing a company or two. Every insurance provider has their own guidelines for filing rates in each state, so let’s take a look at the insurance companies with the most affordable rates in Colorado.

Compare Cheap Insurance Quotes in Colorado

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What’s the cheapest car insurance in Colorado?
Rank Company Cost Per Year
1 The Hartford $825
2 Grange $958
3 USAA $1,009
4 Nationwide $1,109
5 Auto-Owners $1,156
6 GEICO $1,176
7 Travelers $1,183
8 State Farm $1,209
9 American Family $1,301
10 Progressive $1,362
11 Amica $1,381
12 Allied $1,439
13 California Casualty $1,444
14 Farmers $1,565
15 Colorado Farm Bureau $1,592
16 MetLife $1,811
17 Allstate $2,076
18 Encompass $2,253
19 Safeco $2,472
20 Titan $2,657
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The Hartford normally has some of the most affordable car insurance rates in Denver at around $825 a year. Grange, USAA, Nationwide, and Auto-Owners are also some of the most economical Denver, CO auto insurance companies.

As shown in the table above, if you have coverage with Nationwide and switched to Grange, you might see annual savings of around $151. Insureds with Auto-Owners could save as much as $198 a year, and GEICO customers might lower prices by up to $218 a year.

To compare your rates to other Colorado insurance companies, click here to start your free quote or visit any of the low-priced companies below.

It’s important to note that these premium estimates are averages across all insureds and vehicles and do not factor in a vehicle location for high mileage drivers. So the insurer that has the lowest price for you may not even be in the top 21 companies shown above. That helps illustrate why you need to get auto insurance quotes using your own personalized driver profile and vehicle information.

How much more does full coverage cost in Denver?

Reducing the cost of insurance is probably important to most drivers, and one easy way to save on the cost of insurance for high mileage drivers is to only buy liability coverage. The chart below visualizes the comparison of insurance prices with and without full coverage. The premium estimates are based on no claims or driving citations, $100 deductibles, single status, and no discounts are factored in.

Averaged for all ages 20 through 70, physical damage insurance costs an extra $2,013 per year more than buying just liability insurance. Many of you may wonder when is the right time to remove full coverage. There is no written rule of when to drop physical damage coverage, but there is a general school of thought. If the annual cost of having full coverage is more than about 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let’s say your vehicle’s settlement value is $10,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, you would only receive $9,000 after paying the physical damage deductible. If you are currently paying more than $900 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.

Bad driving habits will cost you more

In a perfect world, the ideal way to earn the cheapest insurance prices in Colorado for high mileage drivers is to pay attention while driving and avoid at-fault accidents and violations. The diagram below highlights how speeding tickets and at-fault collisions can influence auto insurance costs for different ages of insureds. The premium estimates are based on a married male driver, full coverage, $1,000 deductibles, and no discounts are applied.

The data charted above shows the average cost of auto insurance in Denver per year with a clean driving record and no accidents is $1,667. Get two speeding tickets and the average cost jumps to $2,291, an increase of $624 each year. Next add two accidents along with the two speeding tickets and the yearly cost of insurance for high mileage drivers increases to an average of $4,915. That’s an increase of $3,248, or $271 per month, just for not being more responsible behind the wheel!

How to find a good Denver insurance company

Finding the right auto insurance provider is difficult considering how many companies sell insurance in Denver. The rank data in the next section may help you choose which coverage providers to look at when shopping car insurance rates for high mileage drivers. These rankings include the companies with a significant amount of written premium nationwide, so companies without a large exposure are not factored into the list.

Top 10 Major Auto Insurance Companies in Denver Ranked by Customer Service

  1. GEICO
  2. State Farm
  3. The Hartford
  4. The General
  5. Progressive
  6. Allstate
  7. AAA Insurance
  8. American Family
  9. Nationwide
  10. Travelers

Top 10 Major Auto Insurance Companies in Denver Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. Titan Insurance
  5. The General
  6. AAA Insurance
  7. State Farm
  8. Nationwide
  9. Safeco
  10. Esurance

The agents listed below can help you make a decision which coverage meets your needs best, since many consumers aren’t sure which coverage to buy and prefer to have a consultation when buying car insurance for high mileage drivers. It’s not always simple to do it yourself, so a licensed agent can give comfort knowing your coverage gives you sufficient coverage at claim time. To locate an agency nearest to you, click the button at the bottom.

Farmers Insurance Agent Mike
I-25Denver, CO 80231(303) 752-2900

Moschetti Michael – Isu Insurance Svc Of Co
950 17th St #1000Denver, CO 80202(303) 534-2133

A Complete Home and Auto Insurance Agency
44 Cook St #100Denver, CO 80206(303) 650-0060

Beth Bales – State Farm Insurance Agent
3650 S Yosemite St #408Denver, CO 80237(303) 993-2727

More Denver, CO insurance agents