Cheap Auto Insurance for High-Risk Drivers in Colorado (10 Best Companies for Savings in 2025)

State Farm, Liberty Mutual, and Progressive have cheap auto insurance for high-risk drivers in Colorado, with competitive pricing starting as low as $31 a month.

Our Top 10 Company Picks: Cheap Auto Insurance for High-Risk Drivers in Colorado

High-risk auto insurance costs more than standard coverage, but these companies excel in catering to high-risk policies and SR-22 insurance in Colorado.

Car insurance rates in Colorado are already higher than average due to increased weather risks and comprehensive claims, and one accident or speeding ticket could send rates skyrocketing. Shop with these ten companies to get cheap car insurance for high-risk drivers in Colorado.

Find the best auto insurance rates no matter your driving record by entering your ZIP code above into our comparison tool today.

Auto Insurance Rates for High-Risk Drivers in Colorado

Discover the best auto insurance rates for high-risk drivers in Colorado by comparing monthly quotes for both minimum and full coverage across the leading providers.

Colorado High-Risk Auto Insurance Monthly Rates by Coverage Level

Who has the best auto insurance rates in Colorado? For high-risk drivers who need cheap liability insurance in Colorado, State Farm charges the least: $31 monthly for minimum coverage and $102 a month for full coverage. It also won’t increase your rates as much as other Colorado insurers after an accident or claim.

Who really has the cheapest car insurance? Liberty Mutual provides the most affordable full coverage at $114, while Nationwide has the highest full coverage rate at $252. Rates from other providers like Geico, Allstate, and Progressive vary widely, so it’s important to compare high-risk insurance quotes from multiple companies to find the best rates based on your driving record.

Read More: Cheapest Teen Auto Insurance in Colorado

How Driving Record Impacts Colorado Auto Insurance Rates

Colorado insurers closely examine violations, especially at-fault accidents and DUIs. A single speeding ticket can bump up full coverage rates by 15% to 30%, while at-fault accidents typically drive premiums up 30% to 50%

Colorado High-Risk Auto Insurance Monthly Rates by Driving Record

DUI convictions are even more serious, nearly doubling premiums and sometimes necessitating SR‑22 filings. And if you live in an urban hub like Denver, expect rates to be even higher. High-risk driver insurance in Denver costs around 24% more than in Boulder and surrounding areas.

Colorado Risk Factors Behind Rising Auto Insurance Costs

Even at the best auto insurance companies for high-risk drivers, Colorado drivers with accidents or DUIs face higher insurance costs due to several factors. While a poor driving history with frequent accidents or violations raises premiums, a low credit score also increases your premiums, as it signals a higher risk to insurers.

The type of vehicle — such as high-performance or expensive cars — can also lead to higher costs. If you live in urban or high-theft areas like Denver, high-risk driver insurance costs will increase due to higher accident and theft risks. Finally, a record of frequent insurance claims can drive up costs, reflecting a higher likelihood of future claims.

SR-22 Auto Insurance in Colorado

SR-22 insurance in Colorado is not an actual policy. It is proof that a high-risk driver carries at least the minimum insurance limits to legally drive. Not all high-risk drivers need to file an SR-22. The Colorado DMV only requires it for drivers with multiple traffic violations or those caught driving without insurance.

High-risk insurance companies file SR-22 for their policyholders, but they raise rates for drivers with SR-22 based on their driving records. State Farm has cheap SR-22 insurance in Colorado, but the cost varies depending on the reason for filing the SR-22.

How do you get off high-risk insurance? Colorado auto insurance requires SR-22 filings for at least three years, but a DUI stays on a driving record for up to ten years. Follow the tips below to get cheap auto insurance in Colorado while you wait for your record to improve.

How to Lower Colorado Auto Insurance Rates for High-Risk Drivers

Do high-risk drivers pay lower insurance premiums? No, they usually pay the highest. But regularly reviewing your policy and exploring discount opportunities will ensure you’re always getting the best value. Take advantage of discounts unrelated to your record to maximize your savings and secure a policy that fits your needs.

Top Auto Insurance Discounts for High-Risk Colorado Drivers

Since there are multiple factors that affect auto insurance rates, finding ways to reduce high-risk auto insurance premiums can make a big difference in your monthly budget. This may include discounts for having safety features in your vehicle, completing a defensive driving course, or maintaining a good credit score. Here are five more ways to save money on Colorado auto insurance:

• Increase Your Deductible: Opting for a higher deductible can lower your monthly premiums. Just ensure you have enough savings to cover the deductible in case of a claim.
• Bundle Policies: Save money by bundling insurance policies from the same provider, such as home and auto insurance.
• Maintain a Clean Driving Record: Avoid further traffic violations and accidents to reduce high-risk auto insurance rates over time. You may also qualify for accident forgiveness and claim-free discounts.
• Utilize Low-Mileage Discounts: High-risk drivers who drive between 7,000 and 10,000 miles per year can qualify for discount rates with Colorado pay-as-you-go auto insurance.
• Shop Around and Compare Quotes: Prices can vary significantly, so obtaining multiple quotes helps ensure you get the best high-risk insurance company in Colorado.

Some high-risk drivers in Colorado may not qualify for discounts or be unable to find coverage. What do I do if no one will insure my car? Enter your ZIP code to start comparing high-risk insurers in your area that will accept your record or claims history.

Top Auto Insurance Picks for High-Risk Drivers in Colorado

Does Progressive cover high-risk drivers? Yes, you’ll discover cheap auto insurance for high-risk drivers in Colorado from State Farm, Liberty Mutual, and Progressive. Competitive rates at State Farm start at $31 per month for minimum coverage. It also has the cheapest full coverage car insurance in Colorado for high-risk drivers at $102 monthly.

Read More: Best Auto Insurance After a DUI in Colorado

#1 – State Farm: Top Overall Pick

Pros

• Cheapest High-Risk Rates: State Farm is the cheapest high-risk auto insurance company in CO, with minimum coverage starting at $31 per month.
• Thorough Protection: State Farm delivers extensive coverage options specifically designed for high-risk drivers in Colorado, including SR-22 filings. Find out more in our State Farm review.
• Dedicated Claims Support: High-risk drivers in Colorado benefit from State Farm’s responsive claims department, which is known for addressing issues and sending checks promptly.

Cons

• Varied Digital Experience: State Farm relies on its agents, so some of its mobile and online tools lag behind other high-risk car insurance providers, like Progressive and Geico.
• Customer Service Variability: Local agents may mean some high-risk drivers experience different customer service based on where they live in Colorado.

#2 – Liberty Mutual: Cheapest Personalized Coverage

Pros

• Personalized Coverage Plans: Liberty Mutual lets high-risk Colorado drivers customize their insurance and SR-22 filings, which you can learn about in our Liberty Mutual review.
• Budget-Friendly Rates: Liberty Mutual’s pricing is designed to be competitive in Colorado, starting at $34 a month.
• Varied Discount Options: High-risk drivers in Colorado can take advantage of Liberty Mutual’s numerous discount opportunities, which can further reduce insurance costs.

Cons

• Possible Coverage Limitations: While the pricing is competitive, Liberty Mutual might have limitations in the breadth of coverage available for high-risk drivers in Colorado.
• Severe Risk Profiles: High-risk drivers in Colorado with more severe risk factors, like reckless driving or multiple DUIs, may still face higher rates.

#3 – Progressive: Cheapest Flexible Policies

Pros

• Adaptable Policy Features: High-risk drivers benefit from Progressive’s flexible policy features that can be adjusted to their specific needs in Colorado.
• Robust Discount Program: Progressive’s broad array of discounts can help high-risk drivers in Colorado save significantly on their premiums. For a complete list, read our Progressive review.
• Affordable Monthly Rates: Affordable car insurance for high-risk drivers in CO starts at $41 per month with Progressive.

Cons

• Inconsistent Rate Fluctuations: Premiums for high-risk drivers in Colorado may go up at renewal without warning, even if policyholders maintain a clean record after their offense.
• Mixed Customer Service Reviews: The level of customer service for high-risk drivers in Colorado can be uneven, with some experiencing less satisfactory support.

#4 – Geico: Cheapest Digital Policies

Pros

• Accessible Digital Tools: High-risk drivers in Colorado can manage their policies and access support easily through Geico’s user-friendly online and mobile tools.
• Various Discount Opportunities: Geico provides numerous discounts that can be particularly beneficial for high-risk drivers in Colorado looking to lower their insurance costs.
• Economic Rates: Geico is renowned for offering some of the lowest premiums to high-risk drivers in Colorado at $49 a month. Read more in our review of Geico.

Cons

• Potential Coverage Gaps: Geico’s focus on low premiums might result in fewer coverage options for high-risk drivers in Colorado.
• Customer Service Variability: High-risk drivers in Colorado may experience inconsistencies in customer service, which can impact their overall satisfaction.

#5 – USAA: Cheapest For Military Families

Pros

• Customized Military Policies: USAA provides tailored insurance plans to meet the unique needs of high-risk drivers in the military, which you can learn about in our USAA review.
• Competitive Pricing: USAA offers affordable rates of $50 per month for high-risk drivers in Colorado who qualify.
• Highly Rated Customer Service: Known for its excellent service, USAA ensures high-risk drivers in Colorado receive top-notch support for claims and queries.

Cons

• Eligibility Constraints: USAA high-risk insurance in Colorado is only available to military members and their families.
• Limited Agents: High-risk drivers in Colorado may not have easy access to USAA agents or financial services in some regions.

#6 – American Family: Cheapest For Seniors

Pros

• Exclusive Senior Discounts: High-risk drivers in Colorado over 55 can earn discounts on AmFam auto insurance by taking defensive driving courses.
• Steer Into Savings: Drivers who switch to American Family enjoy extra discounts on their high-risk auto insurance policies. Learn more in our AmFam Insurance review.
• Exceptional Service: American Family is praised for its attentive customer service, which is beneficial for high-risk drivers in Colorado needing extra support.

Cons

• Potentially Higher Premiums: Insurance costs for high-risk drivers in Colorado are higher with AmFam at $63 per month.
• Coverage Availability: Some areas in Colorado may have limited availability of American Family’s insurance policies, affecting accessibility for high-risk drivers.

#7 – Farmers: Cheapest Comprehensive Plans

Pros

• Wide-Ranging Coverage: Farmers provides a broad spectrum of coverage options, including SR-22 insurance, catering to the diverse needs of high-risk drivers in Colorado.
• Flexible Policy Customization: High-risk drivers in Colorado can adjust their insurance plans to match their specific requirements. Read our Farmers Insurance review to learn what else it offers.
• Established Industry Presence: Farmers’ long-standing presence in the insurance market ensures reliable coverage for high-risk drivers in Colorado.

Cons

• Higher Costs for High-Risk: Comprehensive plans might come with steeper premiums, especially for high-risk drivers in Colorado with multiple offenses.
• Complex Policy Structure: The extensive range of options can be complex for high-risk drivers in Colorado to navigate and select the best plan.

#8 – Allstate: Best for Extensive Resources

Pros

• Robust Resources: Allstate offers a wealth of resources, including educational tools and support services, to help high-risk drivers improve their records and lower their rates.
• Enhanced Customer Assistance: High-risk drivers in Colorado benefit from Allstate’s dedicated support and educational resources aimed at helping them manage their insurance needs.
• Customizable Insurance Options: Allstate’s extensive range of policy options allows high-risk drivers in Colorado to tailor their coverage. Read more in our review of Allstate.

Cons

• Potential for Higher Premiums: Allstate’s comprehensive coverage might come with higher premiums for high-risk drivers in Colorado.
• Complexity in Policy Choices: The extensive resources and options might be overwhelming for high-risk drivers in Colorado trying to select the most suitable plan.

#9 – Travelers: Cheapest Accident Forgiveness

Pros

• Accident Forgiveness Add-Ons: Colorado high-risk drivers can choose from two accident forgiveness plans, one of which automatically forgives minor violations.
• Long List of Discounts: High-risk drivers can earn discounts on Colorado car insurance for paying bills online, driving an electric vehicle, and insuring a new car.
• Industry Experience: Travelers is well-versed in meeting the needs of high-risk drivers, boasting an A++ financial rating and over 100 years of experience in handling car insurance.

Cons

• Rate Variability: Premiums for high-risk drivers in Colorado can fluctuate based on individual risk factors, leading to potential unpredictability. Compare quotes in our Travelers review.
• Customer Service Concerns: Some high-risk drivers in Colorado report mixed experiences with Travelers’ customer service, impacting overall satisfaction.

#10 – Nationwide: Best for Good Discounts

Pros

• Attractive Discounts: Nationwide offers a variety of discounts that can significantly reduce insurance costs for high-risk drivers in Colorado.
• Customizable Mileage Plans: High-risk drivers in Colorado can lower their rates by driving fewer than 8,000 miles per year. Learn more in our Nationwide SmartMiles review.
• Strong Financial Standing: Nationwide’s financial stability ensures reliable and consistent coverage for high-risk drivers in Colorado.

Cons

• Potentially Higher Premiums: Even with discounts, Nationwide is one of the most expensive providers for Colorado high-risk drivers.
• Limited Availability in Some Regions: Nationwide’s discounts may not be available in all areas of Colorado, potentially limiting options for high-risk drivers.

Find The Cheapest High-Risk Auto Insurance in Colorado

Auto insurance rates by state will vary. In Colorado, cheap car insurance can be hard to find due to weather-related risks and high numbers of uninsured drivers. If you’re a high-risk driver, this could mean increased insurance costs. Fortunately, State Farm, Liberty Mutual, and Progressive have cheap auto insurance for high-risk drivers in Colorado.

A quick car insurance comparison of Colorado providers shows that State Farm is the cheapest for high-risk drivers after an accident or speeding ticket, charging $31 monthly for minimum coverage.

For high-risk drivers in Colorado, cheap auto insurance is right around the corner. Enter your ZIP code below to compare cheap high-risk auto insurance quotes near you.