Chevrolet Colorado Car Insurance [How to Find Cheap Rates]
Chevrolet Colorado car insurance costs around $102 a month. On average, drivers with Chevrolet Colorado car insurance save about $500 a year with policy discounts. Read this guide for how to find cheap Chevrolet Colorado car insurance rates.
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Written by
D. Gilson, PhD
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Reviewed by
Leslie Kasperowicz
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UPDATED: Jul 16, 2020
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Key takeaways:
- Full coverage costs around $1,222 a year or $102 each month
- A liability-only policy costs around $490 a year or $41 each month
- Highest rates are for teenage drivers at around $4,466 a year or $372 each month
- Good drivers can save as much as $504 a year by earning policy discounts
- Chevrolet Colorado insurance costs around $297 less per year than the average vehicle
Chevrolet Colorado insurance rates are considerably less than the average vehicle with full coverage costing around $1,222 a year or $102 a month. Drivers of an older Chevrolet Colorado may opt for liability-only coverage which averages $490 a year or $41 a month.
Good drivers can save up to $504 a year in policy discounts. We’re going to take a look at Chevrolet Colorado insurance rates, safety ratings, and more.
You can start comparing quotes for Chevrolet Colorado car insurance rates from some of the best car insurance companies by using our free online tool now.
Table of Contents
Chevrolet Colorado Insurance Cost
The average Chevrolet Colorado auto insurance costs are $1,222 a year or $102 a month.
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Are Chevrolet Colorados Expensive to Insure?
The chart below details how Chevrolet Colorado insurance rates compare to other trucks like the Ford F-150, GMC Canyon, and Toyota Tundra.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Chevrolet Colorado | $254 | $438 | $372 | $1,222 |
| Ford F-150 | $322 | $470 | $372 | $1,322 |
| GMC Canyon | $270 | $478 | $398 | $1,304 |
| Toyota Tundra | $320 | $512 | $440 | $1,452 |
| GMC Sierra | $336 | $594 | $372 | $1,460 |
| Chevrolet Silverado 2500HD | $362 | $688 | $420 | $1,650 |
| Honda Ridgeline | $306 | $536 | $450 | $1,472 |
However, there are a few things you can do to find the cheapest Chevrolet insurance rates online.
What Impacts the Cost of Chevrolet Colorado Insurance?
The Chevrolet Colorado trim and model you choose will affect the total price you will pay for Chevrolet Colorado insurance coverage.
Age of the Vehicle
Older Chevrolet Colorado models generally cost less to insure. For example, auto insurance for a 2020 Chevrolet Colorado costs $1,222, while 2010 Chevrolet Colorado insurance costs are $1,038, a difference of $184.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2020 Chevrolet Colorado | $254 | $438 | $372 | $1,222 |
| 2019 Chevrolet Colorado | $242 | $422 | $390 | $1,212 |
| 2018 Chevrolet Colorado | $232 | $418 | $398 | $1,206 |
| 2017 Chevrolet Colorado | $224 | $408 | $416 | $1,206 |
| 2016 Chevrolet Colorado | $216 | $390 | $430 | $1,194 |
| 2015 Chevrolet Colorado | $204 | $378 | $442 | $1,182 |
| 2012 Chevrolet Colorado | $180 | $296 | $460 | $1,094 |
| 2011 Chevrolet Colorado | $168 | $272 | $460 | $1,058 |
| 2010 Chevrolet Colorado | $162 | $254 | $464 | $1,038 |
Driver Age
Driver age can have a significant impact on Chevrolet Colorado auto insurance rates. For example, 20-year-old drivers pay approximately $1,494 more each year for their Chevrolet Colorado auto insurance than 30-year-old drivers.
Driver Location
Where you live can have a large impact on Chevrolet Colorado insurance rates. For example, drivers in Los Angeles may pay $1,051 a year more than drivers in Indianapolis.
Your Driving Record
Your driving record can have an impact on the cost of Chevrolet Colorado auto insurance. Teens and drivers in their 20’s see the highest jump in their Chevrolet Colorado car insurance with violations on their driving record.
Chevrolet Colorado Safety Ratings
Your Chevrolet Colorado car insurance rates are tied to the safety ratings of the Chevrolet Colorado. See the breakdown below:
| Test Type | Rating |
| Small overlap front: driver-side | Good |
|---|---|
| Small overlap front: passenger-side | Marginal |
| Moderate overlap front | Good |
| Side | Good |
| Roof strength | Good |
| Head restraints and seats | Good |
| Source: Insurance Institute for Highway Safety | |
Chevrolet Colorado Crash Test Ratings
Good Chevrolet Colorado crash test ratings mean the VW is safer, which could mean cheaper Chevrolet Colorado car insurance rates.
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 Chevrolet Colorado PU/EC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2020 Chevrolet Colorado PU/EC 2WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2020 Chevrolet Colorado PU/CC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2020 Chevrolet Colorado PU/CC 2WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2019 Chevrolet Colorado PU/EC RWD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2019 Chevrolet Colorado PU/EC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2019 Chevrolet Colorado PU/CC RWD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2019 Chevrolet Colorado PU/CC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2018 Chevrolet Colorado PU/EC RWD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2018 Chevrolet Colorado PU/EC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2018 Chevrolet Colorado PU/CC RWD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2018 Chevrolet Colorado PU/CC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2017 Chevrolet Colorado PU/EC RWD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2017 Chevrolet Colorado PU/EC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2017 Chevrolet Colorado PU/CC RWD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2017 Chevrolet Colorado PU/CC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2016 Chevrolet Colorado PU/EC RWD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2016 Chevrolet Colorado PU/EC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2016 Chevrolet Colorado PU/CC RWD | 4 stars | 4 stars | 5 stars | 3 stars |
| 2016 Chevrolet Colorado PU/CC 4WD | 4 stars | 4 stars | 5 stars | 3 stars |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
Chevrolet Colorado Safety Features
Having a variety of safety features on your Chevrolet Colorado can help lower your insurance costs. According to AutoBlog, the 2020 Chevrolet Colorado’s safety features include:
- Driver Air Bag
- Passenger Air Bag
- Front Head Air Bag
- Rear Head Air Bag
- Front Side Air Bag
- 4-Wheel ABS
- 4-Wheel Disc Brakes
- Electronic Stability Control
- Daytime Running Lights
- Traction Control
Chevrolet Colorado Insurance Loss Probability
Another contributing factor that affects Chevrolet Colorado car insurance rates is the loss probability for each type of coverage.
| Insurance Coverage Category | Loss Rate |
| Collision | -27% |
|---|---|
| Property Damage | -43% |
| Comprehensive | -36% |
| Personal Injury | no data |
| Medical Payment | no data |
| Bodily Injury | no data |
| Source: Insurance Institute for Highway Safety | |
Chevrolet Colorado Finance and Insurance Cost
If you are financing a Chevrolet Colorado, you will pay more if you purchase Chevrolet Colorado car insurance at the dealership, so be sure to shop around and compare Chevrolet Colorado car insurance quotes from the best companies using our FREE tool below.
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Ways to Save on Chevrolet Colorado Insurance
Save more on your Chevrolet Colorado car insurance rates. Take a look at the following five strategies that will get you the best Chevrolet Colorado auto insurance rates possible.
- Talk to Your Credit Card Company to Save on Rental Car Costs
- Don’t Assume your Chevrolet Colorado is Cheaper to Insure than another vehicle. Compare. Compare. Compare.
- Install an Aftermarket Anti-Theft Device for Your Chevrolet Colorado
- Ask About Discounts for People with Disabilities
- Wait Six Years for Accidents to Disappear from Your Record
Top Chevrolet Colorado Insurance Companies
The best auto insurance companies for Chevrolet Colorado car insurance rates will offer competitive rates, discounts, and account for the Chevrolet Colorado’s safety features. The following list of car insurance companies outlines which companies hold the highest market share.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | GEICO | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
Compare Free Chevrolet Colorado Insurance Quotes Online
To start comparing Chevrolet Colorado car insurance quotes for free, use our online car insurance comparison tool.