The make and model of vehicle you are seeking coverage for is one of the biggest factors in finding affordable coverage for first-time drivers. Vehicles with lower performance, excellent safety ratings, or a low likelihood of having liability claims will cost less to insure than higher performance models. The next list features car insurance rates for a number of the most budget-friendly automobiles to insure in Colorado.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $4,724 |
| Ford Escape XLT 4WD | $4,766 |
| Honda CR-V EX-L 2WD | $4,771 |
| Toyota Prius | $5,098 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $5,276 |
| Ford Explorer XLT 4WD | $5,318 |
| Ford F-150 XLT Super Cab 2WD | $5,328 |
| Volkswagen Jetta SE 2.5 Station Wagon | $5,385 |
| Ford Edge SEL 2WD | $5,563 |
| Jeep Grand Cherokee Laredo 2WD | $5,605 |
| Ford Fusion S 4-Dr Sedan | $5,612 |
| Chevrolet Malibu Hybrid | $5,605 |
| Toyota Tacoma Double Cab 4WD | $5,613 |
| Toyota Camry LE | $5,605 |
| Toyota RAV4 Limited 4WD | $5,613 |
| Find Cheaper Rates Go | |
Data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate quotes do not factor in specific zip code location which can increase or decrease coverage rates substantially.
Based on these rates, we can tell that makes and models like the Hyundai Elantra, Ford Escape, Honda CR-V, and Toyota Prius are some of the less-costly vehicles to insure for new drivers. The cost of auto insurance will be higher anyway just due to the fact that there is a higher risk for first-time drivers, but generally speaking those vehicles will probably have the least expensive rates compared to other types of vehicles.
For new drivers, one of the largest components that are looked at to help calculate the amount you pay for auto insurance is where your residence is in Aurora. Cities with more crime and/or more people tend to have higher auto insurance costs, whereas areas with less congestion have the enjoyment of a little cheaper coverage.
The illustration below ranks the highest-priced places in Colorado for first-time drivers to purchase car insurance in. Aurora ranks #4 with a yearly cost of $1,361 for car insurance, which is around $113 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Pueblo | $1,455 |
| 2 | Denver | $1,397 |
| 3 | Commerce City | $1,368 |
| 4 | Aurora | $1,361 |
| 5 | Lakewood | $1,337 |
| 6 | Security-Widefield | $1,330 |
| 7 | Colorado Springs | $1,329 |
| 8 | Arvada | $1,308 |
| 9 | Centennial | $1,304 |
| 10 | Northglenn | $1,303 |
| 11 | Ken Caryl | $1,287 |
| 12 | Brighton | $1,285 |
| 13 | Westminster | $1,284 |
| 14 | Thornton | $1,268 |
| 15 | Littleton | $1,267 |
| 16 | Castle Rock | $1,261 |
| 17 | Highlands Ranch | $1,241 |
| 18 | Parker | $1,220 |
| 19 | Boulder | $1,207 |
| 20 | Longmont | $1,179 |
| 21 | Broomfield | $1,179 |
| 22 | Grand Junction | $1,154 |
| 23 | Greeley | $1,110 |
| 24 | Loveland | $1,096 |
| 25 | Fort Collins | $1,067 |
| Compare Rates Now Go | ||
Table data uses approximated as vehicle location can change prices substantially.
Establishing which companies offer the most affordable insurance rates for first-time drivers may require a little more sweat than just comparing a company or two.
Each auto insurer has a different process for setting prices, so let’s take a look at the insurance companies with the overall cheapest rates in Colorado.
Best Cheap Insurance Rates for Inexperienced Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $825 |
| 2 | Grange | $949 |
| 3 | USAA | $999 |
| 4 | Nationwide | $1,155 |
| 5 | Travelers | $1,171 |
| 6 | GEICO | $1,187 |
| 7 | Auto-Owners | $1,192 |
| 8 | State Farm | $1,209 |
| 9 | American Family | $1,301 |
| 10 | Progressive | $1,362 |
| 11 | Amica | $1,394 |
| 12 | Allied | $1,483 |
| 13 | California Casualty | $1,502 |
| 14 | Farmers | $1,581 |
| 15 | Colorado Farm Bureau | $1,624 |
| 16 | MetLife | $1,830 |
| 17 | Allstate | $2,015 |
| 18 | Encompass | $2,253 |
| 19 | Safeco | $2,522 |
| 20 | Titan | $2,630 |
| Find Your Rate Go | ||
The Hartford may have some of the lowest car insurance rates in Aurora at around $825 each year. Grange, USAA, Nationwide, and Travelers also are some of the cheaper Aurora, CO auto insurance companies.
As illustrated above, if you are a customer of Nationwide and switched to The Hartford, you could earn yearly savings of in the neighborhood of $330. Customers with Travelers could save as much as $346 a year, and GEICO insureds might see rate reductions of $362 a year.
To find the cheapest coverage for you, click here to get a free quote or visit several of the following companies.
Be aware that those estimates are averages for all insureds and vehicles and and are not figured with an exact vehicle garaging location for first-time drivers. So the company that has the lowest price for you may not even be in the top 21 companies in the list above. That point stresses why you need to compare rates from multiple companies using your own personalized driver profile and vehicle information.
Choosing a high-quality insurer is hard considering how many choices drivers have in Aurora. The rank data listed below can help you choose which auto insurers you want to consider comparing rates from.
These ratings are for large nationwide companies, so smaller regional companies are not factored into these rankings. To get rate quotes from the insurers below and more, click here.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
The information below shows how choosing a deductible can raise or lower insurance costs when quoting cheap insurance for first-time drivers. The premium estimates are based on a single male driver, full physical damage coverage, and no other discounts are factored in.
A 30-year-old driver could lower rates by $326 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $490 by switching to a $1,000 deductible. Youthful drivers, like the age 20 example, could shave $948 or more by choosing larger deductibles on their policy. When insureds make the decision to increase the deductibles on their policy, it will be necessary to have additional funds in a savings account to offset the extra out-of-pocket expense associated with higher deductibles.
How to find budget-friendly car insurance for first-time drivers
The list below details some of the recommended thrifty solutions that can help you quote lower-cost coverage.
- Being accident-free can lower rates significantly
- Buy a vehicle with excellent safety ratings
- Increase physical damage deductibles
- Clean up your credit
- Do not pay for full coverage on older vehicles
- Avoid speeding and other traffic citations and pay less
- Shop around once a year for cheaper rates
The last tip in the list is notably valuable, as was pointed out in this piece. Coverage rates in Aurora adjust frequently, so don’t be afraid to switch carriers if you can save money. Staying with the same car insurance company is fine, but it’s not a great idea if that loyalty results in overpaying a lot of money. Spend a few minutes and compare prices and find cheaper car insurance for first-time drivers.