The words "economical" and "insurance" probably shouldn't be used together, especially when you are looking for the best coverage prices for drivers requiring a SR22. To help control this cost, let's start off by going over a few of the things that have an effect on car insurance rates, and find out if we can help you shave a little off your next policy.

For high risk drivers, one of the more important things that aid in calculating insurance cost is the neighborhood you call home in Colorado. Areas with high crime rates or more dense population like Pueblo, Aurora, and Northglenn will most likely pay more, whereas areas with less crime or weather claims have the benefit of cheaper auto insurance prices.

The information below rates the priciest cities in Colorado for drivers requiring a SR22 to purchase a policy in.

Colorado cities ranked by car insurance cost
Rank City Annual Rate
1 Pueblo $1,440
2 Denver $1,383
3 Aurora $1,375
4 Lakewood $1,365
5 Northglenn $1,329
6 Commerce City $1,328
7 Thornton $1,320
8 Centennial $1,317
9 Ken Caryl $1,313
10 Security-Widefield $1,304
11 Colorado Springs $1,277
12 Westminster $1,272
13 Parker $1,270
14 Arvada $1,269
15 Littleton $1,267
16 Castle Rock $1,248
17 Brighton $1,247
18 Highlands Ranch $1,241
19 Broomfield $1,215
20 Longmont $1,168
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Annual rates are approximated as vehicle location can impact premium rates noticeably.

The vehicle requiring coverage is probably the largest consideration when shopping around for the best cheap auto insurance for drivers requiring a SR22. Vehicles with economical engines, good crash test ratings, or low incidents of liability claims will cost less to insure than fast, unsafe models.

The data below shows car insurance rates for a number of the most economical automobiles to insure in Colorado.

Cheapest Vehicles to Insure for Drivers Requiring a SR22 in Colorado
Vehicle Insured Estimated Cost for Full Coverage
Ford Escape XLT 2WD $3,191
Honda Accord LX 4-Dr Sedan $3,224
Honda CR-V LX 2WD $3,230
Hyundai Elantra SE Touring Station Wagon $3,298
Ford F-150 XL Super Cab 2WD $3,468
Jeep Wrangler Sport Islander Package 4WD 2-Dr $3,474
Toyota Prius $3,475
Ford Explorer Eddie Bauer 2WD $3,651
Toyota RAV4 Sport 4WD $3,670
Chevrolet Impala LT $3,677
Toyota Tacoma Double Cab TRD Sport Package 4WD $3,706
Dodge Grand Caravan Hero $3,781
GMC Sierra SLE Crew Cab 2WD $3,817
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Data rating is based on single male driver age 50, two speeding tickets, two at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in specific location information which can increase or decrease coverage rates greatly.

Looking at the rates, you can conclude that vehicles like the Ford Escape, Honda Accord, Honda CR-V, and Hyundai Elantra are going to be a few of the most affordable vehicles to insure for high risk drivers. The price of auto insurance will tend to be higher because of the fact that there is more claim risk for drivers requiring a SR22, but overall those particular vehicles will have the lowest insurance rates available.

Bad driving habits will cost you more

In a perfect world, the best way to score good auto insurance prices in Colorado for high risk drivers is to drive attentively and avoid accidents and keep your driving record clean. The diagram below shows how violations and fender-benders can impact auto insurance rates for different age categories. Data assumes a single female driver, full coverage, $250 deductibles, and no additional discounts are factored in.

The data above shows the average cost of car insurance per year with a clean driving record and no accidents is $1,754. Get one speeding ticket and the average cost surges to $1,986, an increase of $233 each year. Then add two accidents along with the one speeding ticket and the 12-month cost of auto insurance for drivers requiring a SR22 in Colorado goes up to an average of $4,002. That's an increase of $2,248, or $187 per month, just for not being a responsible driver!

Buying coverage from a high-quality auto insurance company can be challenging considering how many companies are available to choose from in Colorado. The company ratings displayed below may help you decide which companies to look at when comparing rates.

These rankings are for companies that write coverage in many states, so companies with more of a regional focus are not included in this list. If you'd like to compare prices from the most competitive companies in Colorado, follow this link.

Best Auto Insurance Companies for Drivers Requiring a SR22 in Colorado
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
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Data Source: Insure.com Best Car Insurance Companies

Get discount Colorado auto insurance

Car insurance companies that offer cheap quotes for drivers requiring a SR22 may have policy discounts that could lower prices by 35% or more if you qualify for them. Companies and their offered discounts are:

The diagram below illustrates the comparison of insurance costs with and without discounts applied to the premium. The information is based on a male driver, one at-fault accident and three violations, Colorado state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with paperless filing, multiple policy, marriage, continuous coverage, homeowner, and vehicle safety discounts applied. When drivers take advantage of discounts, the average amount saved each year on auto insurance for drivers requiring a SR22 is 28% or $916.