Cheapest Auto Insurance in Loveland, Colorado (2025)
Loveland drivers can find the cheapest car insurance rates from Progressive. The insurer’s liability rates start at just $64 per month.
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Drivers in Loveland pay $127 per month for car insurance, compared to the state average of $148 and the national average of $143.
Loveland’s affordable car insurance can be partially attributed to its small population. Densely populated cities in Colorado, like Fort Collins and Denver, experience accidents at a higher rate. If you want to save even more on car insurance, take the time to compare car insurance quotes from multiple insurance companies before buying a policy.1
Quick Facts
Progressive, State Farm, and Sun Coast are the cheapest car insurance companies for Loveland drivers.
Loveland drivers pay an average of $90 per month for liability-only insurance and $165 per month for full-coverage insurance.
Colorado is an at-fault state for car insurance, meaning the driver responsible for the incident must pay for the damages.2
3 of the cheapest car insurance companies in Loveland
The best insurance company depends on your needs, situation, and budget. However, State Farm, USAA, and American Family offer some of the best affordable car insurance for Loveland drivers. Check out the table below to see how they stack up.
Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.
We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.
- Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
- Customer satisfaction: To calculate this score, Insurify analyzed more than 55,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
- Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
- Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
- Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.
Best insurer for affordability: State Farm
Best insurer for active military, veterans, and their families: USAA
Best insurer for high-risk drivers: American Family
How to get the cheapest car insurance in Loveland
Insurers look at various factors to determine car insurance rates, such as age and gender, driving history, vehicle type, and more. The good news is that you have several ways to find the right coverage for the best deal.
Here’s how to snag the most affordable options for car insurance:
Shop around. It’s important to compare prices from multiple companies to find the best rates. The Insurance Information Institute recommends gathering and comparing quotes from at least three insurance companies.8 You can also use a comparison tool from an independent insurance agency to obtain multiple quotes simultaneously.
Keep a clean driving record. Safe drivers pay significantly lower rates than drivers with incidents on their record. If you have a less-than-perfect driving record, taking a defensive driving course is a good idea. It’ll help improve traffic safety knowledge, keep points off your license, and potentially score you a discount.
Seek discounts. Stacking discounts is a great way to reduce your insurance bill. Visit your insurance company’s website or speak to your insurance agent to see if you qualify for new discounts.
Bundle insurance products. Save on your car insurance policy by purchasing multiple insurance products from one company, like your home insurance or life insurance policy.
Cheapest liability-only car insurance in Loveland: Progressive
If you’re at fault in an accident, your liability-only car insurance will cover the other party’s medical bills and vehicle repairs. However, it won’t pay for yours. For that, you’ll need full coverage.
Progressive offers the cheapest liability-only policies in Loveland, at $64 per month. The table below illustrates companies that offer liability-only policies with budget-friendly prices.
Cheapest full-coverage car insurance in Loveland: State Farm
While liability-only insurance pays for the other party’s vehicle repairs, full-coverage car insurance also covers your own. Loveland drivers who may benefit from a full-coverage policy include those who drive regularly, owners of classic or new cars, and drivers who can’t afford to pay for damages out of pocket.
Drivers can find the cheapest full-coverage insurance with State Farm, with rates of $91 per month. The table below illustrates other insurance companies with the cheapest full-coverage insurance in Loveland.
Car insurance requirements in Colorado
Colorado is an at-fault state, meaning the at-fault driver must cover the other party’s property repairs and medical expenses. Colorado drivers must carry the following minimum liability coverage:9
Consider including these additional coverage options in your current policy to increase your protection on the road:
Cheapest car insurance for drivers with an incident
Driving incidents refer to at-fault accidents, speeding tickets, DUIs, and other moving violations. Motorists with an incident on their record typically pay higher premiums because insurance companies view them as more likely to engage in risky behavior and cause accidents.
Average cost of car insurance by age
Insurance companies assess risk based on your age. Teen drivers usually pay the highest rates due to their limited driving experience and tendency to engage in risky behavior.
Rates typically drop significantly at age 35 because you have more experience on the road. At 70, drivers may see their insurance premiums rise due to an increased risk of age-related conditions impairing driving. Here are the average rates for drivers in Loveland in each age group.
Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Loveland car insurance quotes by credit tier
Colorado allows insurance companies to consider your credit history when determining your auto insurance rates. Excellent or good credit typically results in lower insurance rates, while people with poor credit typically pay higher rates.
Loveland car insurance FAQs
Finding the right car insurance can be difficult. Below, you’ll find answers to some of the most commonly asked questions about car insurance in Loveland.
How much is car insurance in Loveland?
The average cost of car insurance in Loveland is $127 per month. Loveland drivers pay $90 per month for liability coverage and $165 for full-coverage car insurance, on average. Your exact auto insurance premium will depend on your driving record, age, credit history, and various other factors.
Which company has the cheapest car insurance in Loveland?
Progressive offers the cheapest liability car insurance in Loveland, at $64 per month. State Farm is the second-cheapest insurer in the city, with a monthly rate of $66. The third-cheapest insurer, Sun Coast, has a liability-only rate of $66 per month.
Comparing quotes from multiple car insurance companies is the best way to find the cheapest car insurance for your coverage needs.
What are the best car insurance companies in Loveland?
State Farm is the best car insurance company in Loveland, with an Insurify Quality (IQ) Score of 9.3 out of 5, an AM Best financial strength rating of A++ (Superior), and high customer satisfaction ratings. Other top insurers include USAA and American Family.
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