Best cheap car insurance in Greeley for 2021

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The average annual cost of car insurance in Greeley is $492 for basic liability coverage and $1,826 for full coverage car insurance. Greeley saw an increase in accidents and fatalities in the summer of 2020, after the pandemic lockdowns eased and more people got back on the road. Investigators found that many of the fatalities were due to driving under the influence.The best car insurance in Greeley does not protect you from being in an accident, but at least provides financial compensation for damages and injuries.

There are ways to find cheaper coverage by choosing the right carrier and knowing what discounts are available. To help you along, we compared the top carriers in town based on rates, customer reviews and what they offer to bring you the cheapest car insurance in Greeley.

Best car insurance companies in Greeley

The following companies are a combination of cheap car insurance rates in Greeley and good customer reviews. We looked at customer reviews from various sources including J.D. Power’s auto insurance study for insights into what policyholders have to say about their car insurance carriers.

Insurance company J.D. Power score Average annual premium for minimum coverage Average annual premium for full coverage
American National NR $202 $704
Geico 834 / 1,000 $278 $935
Grange NR $298 $1,686
Auto-Owners NR $380 $1,599

American National

American National is the cheapest car insurance company in Greeley and well below the city average with rates of just $202/$704 per year. Basic coverage is less than $17 per month. Upgrading to full coverage is less than $60 per month. Although American National insurance is cheap, you will not miss out on insurance options. The carrier offers gap insurance, roadside assistance and Added Coverage Endorsement to pay for replacement parts when your vehicle suffers a covered loss.

Geico

Geico is well-known for providing quality car insurance for a low price. The carrier is the only one of all four insurance companies to rank in the J.D. Power study for the region, ranking in second place for customer satisfaction. You will find coverage for vehicles of all ages from new to classic, as well as rideshare insurance if you work doing deliveries or driving for companies including Lyft and Uber. Part of the reason Geico is one of the cheapest is the 16 discounts available for students, certain occupations, safe driving, customer loyalty and vehicle equipment, among others.

Grange

Grange Insurance is best for drivers on a strict budget in search of basic coverage. Keep in mind that minimum insurance is all you need to legally drive but does not provide any coverage for your vehicle if it is damaged or declared a loss. If you drive an older-model vehicle, basic coverage may be enough. You could always expand your basic policy by adding full glass repair or original equipment manufacturer (OEM) to use original parts for covered repairs to your car.

Auto-Owners

Auto-Owners Insurance is available through 20 dedicated and independent agents in Greeley. Vehicle owners in search of special coverages for newer makes and models may like what the carrier offers. New car replacement will exchange your totaled vehicle with a new version. Choosing the Personal Automobile Plus package takes the guesswork of how much insurance you need. It includes ten types of coverages including identity theft protection, lock rekeying and cell phone insurance.

Cheapest car insurance in Greeley

Bankrate’s study on the average cost of car insurance reports that Colorado drivers pay $2,016 per year for full car insurance. Greeley’s average of $1,826 is lower than what neighboring cities pay and can be even cheaper based on the carrier you choose.

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Geico $278 $935
USAA $304 $1,190
Auto-Owners $380 $1,599
State Farm $442 $1,513
Farmers $447 $1,624

Geico and USAA compete for the lowest rates in Greeley. The primary difference between the two companies is availability. USAA is only available for military personnel, veterans and their families. Auto-Owners, State Farm and Farmers all excel when it comes to full car insurance. They provide comprehensive coverage for Greeley residents who drive newer vehicles. If you prefer to work with a local agent, State Farm, Auto-Owners and Farmers have offices in town.

Greeley insurance requirements

All you need to legally drive in Greeley is to follow Colorado’s requirements for vehicle owners. The state’s car insurance minimums are:

  • $25,000 for death/bodily injury per person per accident
  • $50,000 total for death/bodily injury per accident
  • $15,000 for property damage per accident

In addition, Colorado allows drivers to self-insure. If you are over 25 you can apply for a self‑insurance certificate from the State Insurance Commissioner. Keep in mind that self-insurance or minimum liability coverage can leave you financially exposed. Liability insurance only pays for damages to third parties. If your car is totaled or damaged in an at-fault crash, only full car insurance will pay for repair or replacement of your vehicle.

Car insurance discounts in Greeley

Comparing quotes from multiple car insurance companies in the area is a great way to find cheap coverage. You can also potentially pay less by taking advantage of carrier discounts such as:

  • Driver tracking: Select car insurance companies have programs that may offer you a discount in exchange for tracking your driving. You typically need to enroll and download an app that tracks your driving. Based on the data, you may receive reductions on your premiums due.
  • Bundling: Nearly 60% of Greeley residents own a home. Buying car and homeowners insurance with the same company may earn you discounts on both coverages.
  • Low mileage: Greeley is working to expand bike lanes throughout the town to encourage residents to leave their cars home more often. You may end up paying less for coverage if you choose to find alternate ways to commute to work.
  • Good student: High school and college students may get relief from high insurance premiums based on their age. Students with a certain GPA may qualify for a good student discount.

Frequently asked questions

What is the best car insurance company?

The best car insurance companies in Greeley, Colorado, in Bankrate’s opinion, based on low rates and coverage options, are American National and Geico. They both provide the lowest rates in town for minimum and full car insurance.

How much car insurance do I need in Greeley, Colorado?

All Greeley vehicle owners must have liability insurance of at least $25,000 per person and $50,000 per accident in bodily injury and death, plus $15,000 in property damage coverage.

How much does car insurance in Greeley cost?

The average cost of car insurance in Greeley is $492 for basic insurance and $1,826 for full coverage.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.

Written by
Cynthia Paez Bowman
Personal Finance Contributor
Cynthia Paez Bowman is a finance and business journalist who has been featured in Bankrate, Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and TheSimpleDollar.com. She regularly travels to Africa and the Middle East to consult with women’s NGOs about small business development and works with select startups and women-owned businesses to provide growth and visibility.
Edited by
Insurance Editor