Finding decent, affordable insurance is not the easiest thing to accomplish, and deciding which company has the cheapest auto insurance rates for a learners permit requires even more work.
Every insurance company uses their own calculation for setting prices, so we need to take a look at the overall cheapest auto insurance companies in Colorado.
Find Cheaper Car Insurance in Colorado
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $834 |
| 2 | Grange | $949 |
| 3 | USAA | $999 |
| 4 | Nationwide | $1,143 |
| 5 | GEICO | $1,152 |
| 6 | Auto-Owners | $1,156 |
| 7 | State Farm | $1,209 |
| 8 | Travelers | $1,219 |
| 9 | American Family | $1,314 |
| 10 | Amica | $1,353 |
| 11 | Progressive | $1,376 |
| 12 | California Casualty | $1,444 |
| 13 | Allied | $1,483 |
| 14 | Farmers | $1,581 |
| 15 | Colorado Farm Bureau | $1,624 |
| 16 | MetLife | $1,811 |
| 17 | Allstate | $2,055 |
| 18 | Encompass | $2,253 |
| 19 | Safeco | $2,522 |
| 20 | Titan | $2,657 |
| Get Personalized Rates Go | ||
The Hartford quotes some of the most affordable car insurance rates in Aurora at around $834 annually. Grange, USAA, Nationwide, and GEICO also qualify as some of the most economical Aurora, CO car insurance companies.
As the example above demonstrates, if you are a customer of Grange and switched to The Hartford, you could see a yearly savings of in the neighborhood of $115. Policyholders with USAA may save as much as $165 a year, and Nationwide insureds might cut rates by $309 a year.
Be aware that those prices are averages for all types of drivers and the different vehicles they drive and and are not calculated with an exact vehicle garaging location for a learners permit. So the insurer that fits your situation best may not even be in the list above. That’s why you need to get auto insurance quotes using your own personal information and vehicle type.
For new drivers, one of the largest components that determine auto insurance rates is where you live. Larger areas will most likely have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates tend to receive cheaper rates.
The illustration below ranks the most expensive areas in Colorado for a learners permit to buy car insurance in. Aurora is listed at #3 costing $1,417 for the average insured, which is about $118 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Pueblo | $1,440 |
| 2 | Denver | $1,425 |
| 3 | Aurora | $1,417 |
| 4 | Lakewood | $1,378 |
| 5 | Commerce City | $1,368 |
| 6 | Security-Widefield | $1,330 |
| 7 | Colorado Springs | $1,316 |
| 8 | Ken Caryl | $1,313 |
| 9 | Arvada | $1,308 |
| 10 | Littleton | $1,293 |
| 11 | Northglenn | $1,290 |
| 12 | Highlands Ranch | $1,279 |
| 13 | Westminster | $1,272 |
| 14 | Thornton | $1,268 |
| 15 | Centennial | $1,265 |
| 16 | Brighton | $1,235 |
| 17 | Castle Rock | $1,224 |
| 18 | Parker | $1,220 |
| 19 | Broomfield | $1,215 |
| 20 | Boulder | $1,171 |
| 21 | Longmont | $1,144 |
| 22 | Grand Junction | $1,120 |
| 23 | Greeley | $1,110 |
| 24 | Fort Collins | $1,100 |
| 25 | Loveland | $1,074 |
| Quote Best Rates Go | ||
Premium costs are estimated as the garaging address in Aurora can revise coverage prices considerably.
The make and model of vehicle requiring insurance is one of the biggest factors when shopping for the best auto insurance for a learners permit. Vehicles with high performance, poor safety ratings, or a history of substantial liability claims will cost much more to insure than safer models. The information below outlines car insurance premiums for the most cost-effective vehicles to buy insurance for.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $5,491 |
| Ford Escape XLT 4WD | $5,549 |
| Toyota Prius | $5,967 |
| Honda Odyssey LX | $6,099 |
| Ford F-150 STX Super Cab 2WD | $6,106 |
| Dodge Grand Caravan SE | $6,156 |
| Ford Edge SEL 2WD | $6,459 |
| Toyota Tacoma 2WD | $6,469 |
| Chevrolet Impala LS | $6,459 |
| Jeep Grand Cherokee Laredo 4WD | $6,517 |
| Toyota RAV4 4WD | $6,522 |
| Volkswagen Jetta S 4-Dr Sedan | $6,517 |
| Nissan Altima 2.5 4-Dr Sedan | $6,524 |
| Chevrolet Equinox LT 2WD | $6,517 |
| Ford Explorer Eddie Bauer AWD | $6,575 |
| Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr | $6,814 |
| Toyota Camry XLE | $6,874 |
| Toyota Corolla XLE | $6,881 |
| Hyundai Elantra GLS 4-Dr Sedan | $6,874 |
| GMC Sierra 2500HD SLE Crew Cab 4WD | $6,932 |
| Get a Custom Quote Go | |
Price data assumes single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, and safe-driver. Information does not factor in your specific Aurora, CO location which can influence coverage prices substantially.
Looking at the data, you can presume that cars like the Honda CR-V, Ford Escape, and Toyota Prius should be a few of the most affordable vehicles to insure for new drivers. Car insurance rates will be more expensive because of the fact that there is a higher risk for a learners permit, but in general those specific models will probably have the best rates compared to other vehicles.
Should you buy full coverage?
Finding the cheapest auto insurance is the goal of the majority of people, and one way to pay lower rates for insurance for a learners permit is to buy liability only. The chart below compares insurance rates with full physical damage coverage and with liability coverage only. The rate quotes are based on no accidents, no driving violations, $100 deductibles, single status, and no discounts are applied to the premium.
Averaged for all ages 20 through 70, physical damage coverage costs $2,696 per year more than just buying liability insurance. That may make you wonder if buying full coverage is worth the expense. There is no definitive formula for dropping comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost of full coverage is more than around 10% of replacement cost minus your deductible, then you might want to consider buying only liability coverage.
How violations and accidents impact rates
The best way to find cheap auto insurance prices in Aurora for new drivers is to drive safe and avoid getting tickets or having accidents. The example below shows how violations and at-fault fender-benders can increase annual premium costs for each age group. The information is based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied.
The data in the chart shows the average cost of an auto insurance policy per year with a clean driving record and no accidents is $1,274. Add in two speeding tickets and the average cost jumps to $1,805, an increase of $531 each year. Then include two accidents along with the two speeding tickets and the 12-month cost of auto insurance for a learners permit goes up to an average of $3,876. That’s an increase of $2,602, or $217 per month, just for not driving responsibly!
Get discounts on Aurora car insurance
Insurers that provide coverage for a learners permit may also provide policy discounts that may potentially lower prices by 40% or more if you meet certain criteria. Popular auto insurance companies and the discounts they provide are:
- Farm Bureau offers discounts for safe driver, renewal discount, multi-policy, youthful driver, multi-vehicle, and good student.
- Liberty Mutual offers discounts including multi-car, exclusive group savings, newly married, safety features, teen driver discount, and preferred payment discount.
- State Farm may offer discounts for safe vehicle, good student, good driver, Steer Clear safe driver discount, multiple autos, multiple policy, and passive restraint.
- Auto-Owners Insurance offers premium reductions for good student, paperless, mature driver, anti-lock brakes, teen driver, and anti-theft.
- GEICO may have discounts that include anti-theft, multi-vehicle, defensive driver, driver training, membership and employees, air bags, and good student.
- SAFECO discounts include anti-lock brakes, bundle discounts, drive less, anti-theft, accident prevention training, and homeowner.
The illustration below illustrates the comparison of auto insurance rates with and without some available policy discounts. The data assumes a male driver, no claims or violations, Colorado state minimum liability limits, full physical damage coverage, and $1,000 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with vehicle safety, paid-in-full, continuous coverage, paperless filing, passive restraint, and anti-theft discounts applied. When these discounts are applied to the policy premium, theaverage yearly reduction on auto insurance for a learners permit is 28% or $571.
The insurance agents in Aurora listed below are willing to help you decide which coverages and limits you need, as lots of drivers aren’t clear which coverage they need and would like to have a little guidance when trying to find lower insurance rates for a learners permit. It’s not always easy to find the best policy on your own, and a licensed agent can add comfort knowing your coverage gives you suitable coverage if you ever need to use it. To locate an Aurora auto insurance agent using an interactive map, click the button below the list or click here to compare rates now.
- Focus Insurance Agency
2993 S Peoria St #144 – Aurora, CO 80014 – (303) 695-6220 - Allstate Insurance: Mario J Morales
14241 E 4th Ave #305 – Aurora, CO 80011 – (303) 366-6800 - Farmers Insurance – John Flores
2821 S Parker Rd #235 – Aurora, CO 80014 – (720) 789-7980 - Scott Underwood State Farm Insurance
15322 E Alameda Pkwy #25 – Aurora, CO 80017 – (303) 745-3174 - Lawrence Neal – State Farm Insurance Agent
15037 E Colfax Ave k – Aurora, CO 80011 – (303) 340-8849
View more Aurora, CO insurance agents
How to find cheaper insurance for a learners permit
The list below shows many penny-pinching solutions that can help Colorado drivers buy cheap car insurance.
- Buying home and auto together can help save money
- Increase your credit score
- Be a cautious driver
- Raise deductibles to save money
- Claim-free policyholders usually earn a discount
- Prevent rate increases by staying accident-free
- Compare rate quotes often
That final tip is remarkably critical, as we stressed in this write-up. Auto insurance prices can change considerably in a year, so don’t be tentative to buy from a new company if a lower-cost policy is available.
Loyalty to a specific company is fine, but it’s not a great idea if that faithfulness ends up costing you a lot of money. It takes less than five minutes to compare prices to find cheaper insurance for a learners permit in Aurora.