Cheapest Car Insurance Quotes in Eldorado Springs

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Eldorado Springs Car Insurance

^$ 24

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Eldorado Springs

The car insurance rate in Eldorado Springs is $1192 for a six-month policy, which is $24 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $361, making it a popular choice for budget-conscious drivers. Rates in Eldorado Springs can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Eldorado Springs

$1192

Avg. Car Insurance in Colorado

$1216

National Average

$1278

Cheapest Car Insurance Companies in Eldorado Springs

1st place: Colorado Farm Bureau

At $361 for a six month policy, Colorado Farm Bureau offers the cheapest auto insurance rates in the city.

2nd place: American National P&C

American National P&C offers auto insurance rates at $396 for a six-month policy, making it one of the cheapest to insure with.

3rd place: AutoOwners Insurance Co

AutoOwners Insurance Co offers auto insurance rates at $594 for six months, making it the third cheapest auto insurance company in Eldorado Springs.

Eldorado Springs Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Eldorado Springs, CO is Colorado Farm Bureau, offering policies at just $361 for a six-month term. This is followed by American National P&C, which has an average six-month premium of $396.

At the higher end of the spectrum, California Casualty is the most expensive, with rates reaching $1444 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Eldorado Springs drivers find the best deals.

Cheap Car Insurance Companies in Eldorado Springs, CO

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$361	$60
American National P&C	$396	$68
Auto-Owners Insurance Co	$594	$99
Acuity	$646	$110
Colorado Farm Bureau Mutual	$757	$126
American National	$978	$167
American Family	$996	$168
USAA	$1117	$188
State Farm	$1350	$227
Progressive	$1374	$231
Allstate	$1875	$316
Nationwide	$2125	$362
Farmers	$2340	$394
Auto-Owners	$1054	$175
Farm Bureau	$1677	$285
California Casualty	$1444	$241

Key Takeaways

Way's key takeaways about car insurance in Eldorado Springs

The auto insurance costs in Eldorado Springs fall around $361 for six months.
The cheapest auto insurance company in Eldorado Springs is Colorado Farm Bureau.
Teen drivers pay the highest rate in Eldorado Springs at $586 per month.

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Cheapest Minimum Liability Car Insurance in Eldorado Springs

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Eldorado Springs are given below.

Colorado Farm Bureau provides the cheapest minimum car insurance coverage in Eldorado Springs. Their Average 6 Month Premium is $140. California Casualty is the most expensive at $204 for the same period.

Cheapest Liability Coverage in Eldorado Springs, CO

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$140	$24
American National P&C	$151	$25
American National	$180	$30
Colorado Farm Bureau Mutual	$210	$35
USAA	$250	$42
Progressive	$262	$44
Auto-Owners Insurance Co	$273	$46
Farm Bureau	$279	$47
Acuity	$297	$50
American Family	$315	$53
State Farm	$320	$54
Farmers	$495	$82
Allstate	$553	$94
Auto-Owners	$390	$65
Nationwide	$646	$108
California Casualty	$204	$34

Cheapest Full Coverage Car Insurance in Eldorado Springs

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Eldorado Springs is Colorado Farm Bureau at $60 per month and $361 for six months.

Cheapest Full Coverage Car Insurance Quotes in Eldorado Springs, CO

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$361	$60
American National P&C	$396	$68
Auto-Owners Insurance Co	$594	$99
Acuity	$646	$110
Colorado Farm Bureau Mutual	$757	$126
American National	$978	$167
American Family	$996	$168
USAA	$1117	$188
State Farm	$1350	$227
Progressive	$1374	$231
Allstate	$1875	$316
Nationwide	$2125	$362
Farmers	$2340	$394
Auto-Owners	$1054	$175
Farm Bureau	$1677	$285
California Casualty	$1444	$241

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Average Car Insurance in Eldorado Springs by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Eldorado Springs, CO increasing?

Despite maintaining a clean driving record, your car insurance rates in Eldorado Springs, Colorado, may be increasing due to several external factors. Colorado has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Eldorado Springs's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Eldorado Springs

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

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Cheapest Car Insurance Rates for Teen Drivers in Eldorado Springs,CO

If you are planning to get a car insurance policy for your teenage dependent, American National provides the cheapest car insurance in the Eldorado Springs at $25 per month. At $3446 for a six-month premium, AutoOwners offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American National	$146	$25
American National P&C	$180	$30
California Casualty	$204	$34
Colorado Farm Bureau	$256	$43
Auto-Owners Insurance Co	$372	$62
Colorado Farm Bureau Mutual	$1333	$226
USAA	$1671	$281
American Family	$2089	$352
State Farm	$2968	$500
Progressive	$3627	$611
Allstate	$3912	$659
Nationwide	$6782	$1153
Farmers	$8598	$1447
Auto-Owners	$3446	$586

Teen Car Insurance Rates in CO by Age

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Eldorado Springs, Colorado Farm Bureau is the cheapest car insurance provider. At $273 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Eldorado Springs is AutoOwners, offering rates of around $3190 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$273	$46
Acuity	$419	$70
American Family	$1362	$229
Progressive	$1804	$304
USAA	$2020	$343
Farmers	$2671	$450
Nationwide	$3225	$549
Allstate	$3580	$597
State Farm	$6229	$1059
Auto-Owners	$3190	$542

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Car Insurance Rates with An Accident in Eldorado Springs

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Eldorado Springs, CO, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Eldorado Springs

The cheapest car insurance companies after an at-fault accident in Eldorado Springs include Colorado Farm Bureau and American National, offering $174 and $204, respectively. AutoOwners is an expensive provider with an average six-month premium of $1752.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$174	$29
American National	$204	$34
American National P&C	$216	$36
Farm Bureau	$273	$46
California Casualty	$396	$66
Colorado Farm Bureau Mutual	$914	$156
USAA	$966	$163
State Farm	$1013	$171
American Family	$1222	$206
Progressive	$1816	$306
Allstate	$2742	$462
Farmers	$3208	$540
Nationwide	$3726	$621
Auto-Owners	$1752	$292

Eldorado Springs Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Eldorado Springs CO. For example, the car insurance in Eldorado Springs after a DUI increases to $1035 for a six month policy. While the rate increases by $302 for a six-month policy in the case of a speeding ticket.

Eldorado Springs auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1299	$217
One Med/PIP claim	$1304	$221
Not-at-fault accident	$1327	$221
One comp claim	$1333	$226
Two Med/PIP claims	$1333	$222
Two comp claims	$1386	$235
Failure to wear a seat belt	$1449	$242
Failure to show documents	$1461	$249
Child safety restraint	$1479	$246
Driving without lights	$1479	$252
Driving with expired registration	$1537	$256
Texting while driving	$1554	$265
At-fault accident - less than $1000	$1566	$261
Cell phone violation	$1572	$268
Failure to yield	$1572	$262
Following too closely	$1572	$268
Illegal turn	$1572	$262
Failure to stop at a red light	$1578	$269
Driving too slowly	$1584	$264
Improper passing	$1590	$270
Wrong way/wrong lane	$1595	$266
Speeding 6 - 10 MPH over limit	$1601	$272
Speeding 11 - 15 MPH over limit	$1606	$268
Speeding 16 - 20 MPH over limit	$1606	$273
Speeding in school zone	$1612	$269
Passing school bus	$1642	$279
In 65 MPH zone	$1746	$291
Operating a vehicle without permission	$1752	$298
Speeding 21 - 25 MPH over limit	$1776	$296
Open container	$1822	$310
At-fault accident - $1000-$2000	$1915	$319
At-fault accident - greater than $2000	$1956	$332
Driving with a suspended license	$2049	$341
Reckless driving	$2259	$384
Refusal to submit to a chemical test	$2281	$380
Racing	$2305	$392
DUI	$2334	$389
Leaving scene of an accident/hit and run	$2422	$412

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Eldorado Springs after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Eldorado Springs.

The cheapest car insurance premiums in Eldorado Springs are offered by Colorado Farm Bureau at $204 for a six-month policy. However, it can be as expensive as $2178 with companies like AutoOwners.

Eldorado Springs car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$204	$34
American National	$216	$36
American National P&C	$244	$41
Farm Bureau	$320	$53
Colorado Farm Bureau Mutual	$931	$159
Progressive	$1106	$186
State Farm	$1182	$199
American Family	$1315	$221
USAA	$1392	$234
Farmers	$2002	$337
Allstate	$2358	$397
Nationwide	$5029	$838
Auto-Owners	$2178	$370

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Eldorado Springs are offered by American National P&C at $180. However, it can be as expensive as $1095 with companies like AutoOwners for a similar six-month premium.

Cheapest Car Insurance in Eldorado Springs after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American National P&C	$180	$30
Colorado Farm Bureau	$186	$31
Auto-Owners Insurance Co	$297	$49
State Farm	$891	$150
American Family	$943	$159
USAA	$1251	$213
Progressive	$1444	$243
Allstate	$2358	$401
Nationwide	$3073	$513
Farmers	$4011	$682
Auto-Owners	$1095	$186

Car Insurance Price Trends in Eldorado Springs, Colorado

Car insurance rates in Eldorado Springs have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Eldorado Springs rose by $255 in January compared to $230 of December. In other words, there has been an increase by $25 when you compare January and December.

The average cost of liability insurance in the Eldorado Springs dipped to $47 in January, compared to $57 in December. This represents an decrease of $10 when comparing January and December.

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Frequently Asked Questions

How much is car insurance in Eldorado Springs?

The car insurance in Eldorado Springs is $24 per month, which is lower than the national average.

What is the cheapest car insurance in Eldorado Springs?

The cheapest car insurance in Eldorado Springs is $60 per month for full coverage.

How much is car insurance in Eldorado Springs for teenagers?

Car insurance for teenagers costs $146 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Eldorado Springs?

The average cost of car insurance is $1216 for a six-month policy. It will cost around $201 per month to insure your car in Eldorado Springs.

Is car insurance expensive in Eldorado Springs?

Car insurance can be expensive in Eldorado Springs if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Eldorado Springs can be affordable.

What is the best car insurance in Eldorado Springs, CO?

The best car insurance company in Eldorado Springs CO is Colorado Farm Bureau, offering $361 for a six-month policy.