Cheapest High-Risk Car Insurance In Colorado 2025

With its competitive rates, customizable policies, and strong financial stability, State Farm offers a reliable solution for high-risk drivers looking for affordable car insurance coverage.

For drivers in specific high-risk categories, we’ve identified the cheapest options across the board. If you’ve received a speeding ticket, State Farm offers the most affordable rates. For those dealing with the aftermath of a DUI, Progressive comes in as the least expensive option. Drivers with bad credit can find the cheapest coverage through GEICO. State Farm provides the most budget-friendly rates to drivers with an at-fault accident.

Cheapest High-Risk Car Insurance In Colorado After A Speeding Ticket

State Farm consistently offers the most affordable rates for drivers with a speeding violation in Colorado, at an average annual rate of $2,100. While rates will still rise, State Farm tends to provide the lowest increases compared to other insurers, making it a popular choice for high-risk drivers in this category.

Speeding tickets are one of the most common driving offenses, and they often lead to a significant increase in car insurance rates. Insurance companies view speeding as a sign of risky behavior, and drivers with speeding tickets can see their rates increase by an average of 20-30%.

Cheapest High-Risk Car Insurance In Colorado After A DUI

Progressive offers some of the most competitive rates for drivers with a DUI in Colorado, at an average annual premium of $3,900. While the cost of coverage will still be high, Progressive’s rates are generally lower than most competitors in the DUI category.

A DUI (Driving Under the Influence) is one of the most serious offenses a driver can commit, and it can cause car insurance rates to skyrocket. On average, drivers with a DUI can expect their insurance premiums to increase by 50% or more, reflecting the heightened risk they pose on the road.

Cheapest High-Risk Car Insurance In Colorado With Bad Credit

At an average annual rate of $3,396, GEICO offers the most affordable rates for drivers with bad credit in Colorado, making it a go-to option for those seeking to minimize the impact of their credit history on their insurance premiums.

Cheapest Rates In Colorado After An Accident

State Farm provides the cheapest rates after an accident in Colorado at $188 per month. GEICO also offers affordable rates, averaging $210 per month.

How Much Is High-Risk Car Insurance In Colorado?

In Colorado, high-risk car insurance rates can range anywhere from $170 – $600 monthly, depending on what high-risk category you fall into and what specific rate factors went into calculating your premium.

Who Is Considered A High-Risk Driver?

A high-risk driver is someone considered by auto insurance companies to have a greater likelihood of being involved in an accident or filing a claim. There are several ways a driver can be classified as high-risk, often resulting in higher premiums.

Common reasons include speeding tickets, which indicate risky behavior, and distracted driving, such as texting or using a phone while driving. Both suggest a lack of attention to the road, increasing the likelihood of accidents. Reckless driving, which includes dangerous actions like running red lights or excessive speeding, further raises the risk profile.

One of the most severe offenses is Driving Under the Influence (DUI). A DUI conviction significantly increases a driver’s risk rating, as it shows a disregard for road safety and legal regulations. Drivers with a history of multiple accidents or frequent insurance claims are also considered high-risk, as they demonstrate a pattern of risky behavior on the road.

Additionally, teen drivers and those with bad credit can fall into the high-risk category. Teenagers are inexperienced, while drivers with bad credit are statistically more likely to file claims. All of these factors lead to higher insurance rates and fewer coverage options for high-risk drivers.

How To Lower Your Rates If You Are A High-Risk Driver

If you’re classified as a high-risk driver, your car insurance rates will likely be higher, but there are several steps you can take to reduce your premiums. By following these five strategies, you may be able to improve your driving record and lower your rates over time.

1. Take a Defensive Driving Course

   Enrolling in a state-approved defensive driving course can help demonstrate to insurers that you’re serious about improving your driving habits. Some insurance companies offer discounts for completing these programs.

2. Shop Around for Better Rates

   Different insurance companies evaluate risk differently, so it’s essential to compare quotes from multiple insurers. You may find a provider that offers more affordable coverage for high-risk drivers.

3. Consider Increasing Your Deductible

   Opting for a higher deductible can lower your monthly premium. This means you’ll pay more out of pocket if you have an accident, but your upfront costs will be reduced.

4. Bundle Insurance Policies

   If you have other insurance needs, such as home or renters insurance, bundling these policies with your car insurance could lead to discounts. Many insurers offer savings for combining policies.

5. Maintain Continuous Insurance Coverage

   Gaps in coverage can lead to even higher premiums. Maintaining continuous coverage, even if it’s just minimum liability, can help you avoid further rate increases.

By taking these steps, you can potentially lower your insurance rates while working toward improving your driving history and reducing your overall risk profile.

What Should I Do If I’m Denied Coverage?

High-risk drivers in Colorado may struggle to find coverage through standard auto insurers. However, they may be able to get coverage through the Colorado Automobile Insurance Plan (CAIP), which is Colorado’s “insurer of last resort”.

While coverage through CAIP is typically more expensive than a regular insurance policy, it will ensure that you meet the legal liability requirements to be on the road.

Any licensed insurance agent in Colorado can submit your application to CAIP (you cannot apply directly to CAIP). You will then be put on a CAIP plan. Once your record improves, you can then reapply to a standard auto policy.

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