Buying low-cost auto insurance is easier said than done, and finding out which company offers the lowest-priced insurance rates for 4x4 vehicles in Colorado will require more quotes for comparison. Each company has their own guidelines for determining rates, so let's begin by examining the insurance companies that tend to have lower prices in Colorado.
It's important that you understand Colorado insurance rates are impacted by many factors which can substantially change the price of your policy. Simply getting older, becoming a homeowner, or getting a few speeding tickets can cause premium changes that can now make some companies more expensive than others.
Find the Cheapest Car Insurance for 4x4's
The Hartford normally has some of the best car insurance rates in Colorado at around $825 a year. Grange, USAA, Nationwide, and GEICO would also make the list of some of the more affordable Colorado auto insurance companies.
As the example above demonstrates, if you are a policyholder with Nationwide and switched to The Hartford, you could earn yearly savings of around $284. Insureds with GEICO might save as much as $316 a year, and Travelers policyholders might cut rates by $358 a year.
If you want to find out if you're overpaying, click here or feel free to get quotes from the companies below.
Remember that these premiums are averages for all types of insureds and vehicles and are not factoring in a price discount for 4x4 vehicles. So the insurer that has the lowest price for you may not even be in the list above. That emphasizes why you need to quote rates from as many companies as possible using your own personalized driver profile and vehicle information.
The make and model of vehicle you are buying coverage for is a large consideration that determines whether or not you find the cheapest coverage for 4x4 vehicles. Vehicles with reasonable performance levels, advanced safety features, or a track record of few liability claims will cost substantially less to insure than high performance models. The next list outlines coverage costs for a handful of the most affordable automobiles to insure in Colorado.
|Vehicle||Estimated Cost for Full Coverage|
|Ford F-150 XL Super Cab 2WD||$942|
|Ford Edge SEL AWD||$994|
|Honda Odyssey EX W/Rear Entertainment||$999|
|Jeep Grand Cherokee Laredo 4WD||$1,013|
|Toyota RAV4 2WD||$1,019|
|Honda CR-V LX 2WD||$1,051|
|Ford Escape Limited 2WD||$1,076|
|Chevrolet Malibu LTZ||$1,085|
|Ford Explorer Eddie Bauer 2WD||$1,101|
|Honda Accord LX-S 2-Dr Coupe||$1,139|
|Chevrolet Equinox LS 2WD||$1,162|
|Nissan Altima 2.5 4-Dr Sedan||$1,170|
|Dodge Grand Caravan SE||$1,177|
|Chevrolet Silverado 3500HD LT Crew Cab Diesel 2WD||$1,182|
|Dodge Ram Crew Cab TRX 4WD||$1,179|
|Hyundai Elantra SE 4-Dr Sedan||$1,223|
|Toyota Corolla XLE||$1,232|
|Toyota Camry LE||$1,244|
|Volkswagen Jetta S 4-Dr Sedan||$1,252|
|GMC Sierra SLE Crew Cab 2WD||$1,244|
|Chevrolet Impala LT||$1,249|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$1,270|
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Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Prices do not factor in vehicle location which can impact premium rates noticeably.
Looking at the data, vehicles like the Ford F-150, Ford Edge, Honda Odyssey, and Jeep Grand Cherokee will definitely be some of the most budget-friendly vehicles to insure for off-road vehicles.
One of the many things that determine the cost of insurance is where you choose to live. More populated areas like Denver, Pueblo, and Security-Widefield tend to have higher auto insurance costs, whereas areas with lower crime rates and fewer weather claims have the enjoyment of a little cheaper coverage.
The following table rates the most costly cities in Colorado for 4x4 vehicles to buy auto insurance in.
|Rank||City||Premium Per Year|
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Rate quotes are approximated as the garaging address in Colorado can alter coverage prices substantially.
Discounts on Colorado insurance rates
Insurers that offer coverage for 4x4 vehicles may also give you special discounts that can reduce rates by as much as 40% or more if you are eligible for them. Popular insurance companies and some of the premium reductions they offer are outlined below.
- GEICO may include discounts for seat belt use, multi-vehicle, driver training, federal employee, and air bags.
- Travelers has savings for save driver, early quote, hybrid/electric vehicle, home ownership, IntelliDrive, good student, and multi-policy.
- Nationwide includes discounts for anti-theft, multi-policy, defensive driving, easy pay, accident-free, Farm Bureau membership, and business or organization.
- Farmers Insurance offers discounts for bundle discounts, business and professional, distant student, alternative fuel, teen driver, and switch companies.
- Esurance offers discounts including DriveSense, paid-in-full, anti-lock brakes, claim free, homeowner, and good student.
- State Farm may have discounts that include anti-theft, multiple policy, safe vehicle, passive restraint, student away at school, defensive driving training, and multiple autos.
- Progressive discounts include continuous coverage, multi-policy, online quote discount, homeowner, and multi-vehicle.
- Mercury Insurance has discounts for low natural disaster claims, type of vehicle, anti-theft, accident-free, and multi-policy.
The information below illustrates the difference between premium costs with and without discounts applied to the rates. The data is based on a female driver, no claims or violations, Colorado state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, anti-theft, multiple policy, defensive driving course, safe-driver, and passive restraint discounts applied. In this example, the average amount saved each year on insurance for 4x4 vehicles is 28% or $437.
Impact of careless driving on Colorado insurance rates
The ideal way to obtain the cheapest insurance prices in Colorado for off-road vehicles is to pay attention while driving and avoid tickets and accidents. The information below illustrates how speeding tickets and at-fault claims increase insurance costs for each different age group. The data assumes a married female driver, full coverage, $250 deductibles, and no discounts are applied.
The data above shows the average cost of a car insurance policy in Colorado per year with no accidents and a clean driving record is $1,423. Add in one speeding ticket and the average cost rises to $1,657, an increase of $234 each year. Next add two accidents along with the one speeding ticket and the annual cost of insurance for 4x4 vehicles in Colorado increases to an average of $3,672. That's an increase of $2,249, or $187 per month, just for not being more responsible behind the wheel!
The diagram below illustrates how your deductible choice can affect premium costs when getting quotes for cheap insurance for 4x4 vehicles in Colorado. The data is based on a single female driver, full coverage, and no discounts are applied.
As shown above, a 50-year-old driver could lower their policy premium by $388 a year by changing from a $100 deductible up to a $500 deductible, or save $586 by switching to a $1,000 deductible. Younger drivers, like the age 20 example, could drop their prices as much as $990 every year by choosing larger deductibles on their policy.
If you do make the decision to raise your deductibles, it is important to have plenty of discretionary funds to pay the extra out-of-pocket expense, which deters some people from using high deductibles.
How to find budget-friendly insurance for 4x4 vehicles
Here are some of the better thrifty solutions that can help drivers find cheap car insurance.
- Buying your home and auto policies from the same company can earn a discount
- Try paying for small claims out-of-pocket
- Do not insure for full coverage
- Being accident-free can lower rates significantly
- Avoid getting tickets or violations
- Safe vehicles generally have lower rates
- Compare rates regularly to ensure the best deal
The last tip is particularly vital, as was stressed in this piece. Auto insurance rates vary greatly, so don't be hesitant to change to a new company if you find a cheaper price.
Brand loyalty is not necessarily bad, but we do not recommend it if that dedication is costing a small fortune year after year. In just a couple of minutes you could compare rates to find cheaper insurance for 4x4 vehicles.