Finding affordable coverage for a Toyota Tacoma in Colorado is pretty easy to do, but it is dependent upon a large number of factors such as how you use your Tacoma, your geographic location, and your policy deductibles. Drivers in Colorado will pay on average $1,230 per year for Tacoma insurance, but that figure is an approximation calculated based on a 30-year-old single male driver with full physical damage coverage and $250 deductibles.
The problem with using this number is the good chance you may not be 30 years old (or even male), possibly married instead of single, and you want different coverage limits than the example. Every driver’s needs are different, and that is why the way we recommend to find the cheapest rates for your Toyota is to compare as many rates as possible. To start saving now, get free quotes and you can get rates from the cheapest companies in Colorado.
The trim level of your vehicle tends to have a direct impact on the insurance rate, so the price you will be charged to insure a Tacoma 2WD model will be $80 less than the price to insure the more costly Tacoma Double Cab TRD Sport Package 4WD model, as shown by the rates below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tacoma 2WD | $270 | $458 | $460 | $28 | $138 | $1,354 | $113 |
| Tacoma 4WD | $310 | $376 | $460 | $28 | $138 | $1,312 | $109 |
| Tacoma Double Cab 4WD | $310 | $458 | $460 | $28 | $138 | $1,394 | $116 |
| Tacoma X-Runner 2WD | $310 | $538 | $460 | $28 | $138 | $1,474 | $123 |
| Tacoma Double Cab 4WD | $350 | $458 | $460 | $28 | $138 | $1,434 | $120 |
| Tacoma Double Cab TRD Off-Road Package 4WD | $350 | $458 | $460 | $28 | $138 | $1,434 | $120 |
| Tacoma Double Cab TRD Sport Package 4WD | $350 | $458 | $460 | $28 | $138 | $1,434 | $120 |
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Rates do not factor in specific Aurora garaging location which can increase or decrease premiums noticeably.
Which car insurance company is best in Aurora?
Finding the top insurance provider is hard considering how many companies sell insurance in Aurora. The rank data below can help you pick which car insurance companies to look at purchasing coverage from. The rankings below are for the largest auto insurers in America, so companies that have a smaller presence are not included in this list.
Top 10 Major Auto Insurers in Aurora Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- Allstate – 88%
- 21st Century – 88%
- The General – 88%
Top 10 Major Auto Insurers in Aurora Ranked by Customer Service
- GEICO
- State Farm
- The Hartford
- The General
- Progressive
- Allstate
- AAA Insurance
- American Family
- Nationwide
- Travelers
How accidents and tickets impact rates in Aurora
In a perfect world, the best way to snag the most affordable car insurance prices in Colorado for a Tacoma is to drive carefully and avoid at-fault accidents and violations. The example below shows how speeding tickets and accident claims drive up annual premium costs for different age groups of insureds. The information is based on a married male driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.
The chart shows that the average cost of auto insurance in Colorado per year with a clean driving record and no accidents is $1,993. Factor in two speeding tickets and the average cost surges to $2,758, an increase of $765 each year. Now throw in two accidents along with the two speeding tickets and the 12-month cost of car insurance for a Toyota Tacoma increases to an average of $5,514. That’s an increase of $3,521, or $293 per month, just for not driving safely!
Full coverage or liability only
Lowering the price of car insurance should be important to the majority of drivers, and one of the fastest ways to lower the cost of insurance for a Toyota Tacoma is to only pay for liability coverage. The chart below illustrates the difference between yearly insurance costs with full physical damage coverage and with liability coverage only. The premium estimates are based on no violations or claims, $500 deductibles, drivers are not married, and no discounts are factored in.
If we average the cost for all age groups, full coverage on your policy costs an additional $1,960 per year over liability only. Many people question if physical damage coverage is worth the money. There is no clear-cut formula of when to stop paying for comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s say your vehicle’s book value is $6,500 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $5,500 after the deductible is paid. If it’s costing in excess of $550 annually for physical damage coverage, then it might be time to buy liability only.
There are some scenarios where dropping full coverage is not recommended. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not drop full coverage.
Don’t stick with an overpriced policy
Colorado car insurance rates are calculated based on many things that may substantially change the policy price. Simply turning a year older, having a teen driver, or getting a driving violation can trigger changes in premium that can now make some companies more affordable than before.
Additionally, car insurance companies change rates without warning to adjust for heavy claims or excess profits. Higher than normal claims may cause rate increases, while lower claim levels can produce lower-priced Tacoma insurance rates.
The chart below shows the companies that have the cheapest car insurance in Aurora, CO for a 30-year-old male driver with no prior accidents, a clean driving record, and a decent credit rating. If we compare prices based on his current risk profile, The Hartford has the most affordable car insurance rates in Aurora at $1,129 annually. This is $449 less than the average price paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and GEICO are also on the list of the best Aurora, CO auto insurance companies.
The next chart shows rates after we give the driver from the first set of rates a chargeable claim, poor credit, and a couple of points charged on his driving record. Since each company uses a different method to determining premium rates, getting updated rate quotes will most likely result in a significantly different list of cheap Aurora auto insurance companies as shown below.
Auto-Owners now has the cheapest insurance rate in Aurora, CO with State Farm, American Family, Progressive, and Amica completing the list. This example illustrates why it is critical to perform a complete rate comparison to find cheap auto insurance quotes for a Toyota Tacoma.
Prices can be determined by many different factors and change frequently, so the cheapest option two years ago may now be wasting a lot of money.
If you like to get some help when shopping around for cheaper insurance for a Tacoma, the agents below can most likely help you determine which car insurance policy is best.
To find an auto insurance agency close to you, click the button at the bottom or click here to compare price quotes.
- BUD JUDY AGENCY, INC. (INDEPENDENT INSURANCE AGENCY)
2222 S Fraser St Unit 4 – Aurora, CO 80014 – (303) 368-5839 - Paul Macaluso – State Farm Insurance Agent
Ste A6, 16911 E Quincy Ave – Aurora, CO 80015 – (303) 690-6700 - Bob Massie – State Farm Insurance Agent
15290 E 6th Ave #220 – Aurora, CO 80011 – (303) 364-8298 - Allstate Insurance: Jack Sughrue
2226 S Fraser St Unit 4 – Aurora, CO 80014 – (303) 751-4701
Find an Aurora, CO insurance agent near you
How to find the cheapest insurance for a Toyota Tacoma
The list below details some of the recommended money-saving ideas that can help you locate cheaper car insurance.
- Avoid preventable accidents
- Bundle home or renters insurance to earn a discount on car insurance
- Pay lower rates with good credit
- Assess whether full coverage is needed
- Buy safe vehicles
- Compare rates once a year for cheaper prices
That last tip is highly crucial, as we stressed in this article. Coverage rates change a lot, so don’t be afraid to switch companies if you find a better deal. Having brand loyalty is commendable, but it’s not recommended if that stubbornness costs you a considerable chunk of change every month. It takes less than five minutes to compare prices and find cheaper auto insurance for a Toyota Tacoma in Aurora.