No road is completely free of risks, and in Denver, there are certainly plenty to be mindful of when building an auto insurance policy. Some of those risks include: 

• Icy Weather: Sudden hailstorms or snow can lead to icy roads and black ice, especially in areas like the Highlands, Sloan’s Lake, and Colfax Avenue.
• Heavy Congestion: I-25 and I-70 are some of the busiest and crash-prone roads in Denver.
• High Rates of Auto Theft: Denver ranks among the top cities in the U.S. as a hot spot for vehicle theft. Especially in Five Points and Montbello.
• High Population Growth: Ongoing development in Cherry Creek and Stapleton add to traffic and accident risks.
• Mountain Access: Drivers heading into the foothills face extra risks such as elevation, weather, and wildlife.

Colorado sets liability requirements that drivers must meet across the state to drive legally. This means for Denver, the minimums to meet are: 

• $25,000 per person and $50,000 per accident in bodily injury liability
• $15,000 per accident in property damage liability
• Uninsured/Underinsured Motorist (UM/UIM) coverage
• $5,000 per person in Medical Payments (MedPay) coverage

It’s often recommended that drivers opt for higher limits in the event they are at fault for a more serious or expensive accident. 

This is also just a brief explanation of the legal requirements set by the state. For mor information, visit our Colorado car insurance page. 

Meeting the legal requirements often leaves your own vehicle unprotected when you’re at fault. Additionally, liability doesn’t cover non-collision damage. Because of this, additional coverage is recommended. 

Some commonly included additions for Denver include: 

• Collision Coverage: Helps pay for repair costs for your vehicle after a covered accident. Subject to your deductible.
• Comprehensive Coverage: Helps pay for damages from non-collision damages (theft, weather, or fire) to your vehicle caused by a covered incident. Subject to your deductible.
• Roadside Assistance: Helps pay for the cost of towing if your vehicle becomes undrivable.
• Rental Reimbursement: Helps cover the cost of a rental while your vehicle is being repaired.
• Rideshare Coverage: Helpful for those who use their personal vehicles for a rideshare service and are on the clock. This coverage may offer more protection than what is provided by the service.
  • Offered in liability, collision, comprehensive, and medical payment options.

This may not be every coverage option available, but they are commonly added coverage to policies. Goosehead agents work with you to learn your your needs and budget to create a policy with coverage that you need without paying for what you don't.

Additionally, these descriptions are general in nature to give you an understanding of what they cover.

On average, Denver drivers pay a range of about $500 to $1,000 a year for the minimum amount of coverage. Those that opt for more coverage pay an average of about $3,400 a year. 

Keep in mind that what you pay depends on more than just your coverage selections, limits, deductibles, and carrier. Other rating factors include: 

• Location: Neighborhoods like Montbello, Capitol Hill, and parts of Aurora see higher costs due to higher rates of theft and accidents.
• Driving History: Driving violations and at-fault accidents will impact your rates
• Vehicle Type: Luxury or customized vehicles have higher repair costs, and certain types of vehicles are more prone to theft.
• Milage: Simply put, the more you drive, the higher risk you are.
• Credit Score: Insurers will consider your credit score when building a premium.
• Age: Younger drivers with less experience see higher rates.

Even with rising premiums, there are still ways to cut costs on your car insurance in Denver: 

• Bundle: Many carriers offer multi-policy discounts when you bundle auto with something like home or renters.
• Drive safely: Safe driver discounts are available by way of staying accident free for a certain period or taking defensive driving courses.
• Install anti-theft devices: Helpful for high crime areas.
• Let Goosehead shop for you: We compare multiple top-rated providers, so you don’t have to.

At Goosehead, we make finding the right auto insurance in Denver fast, transparent, and customized. Here's what sets us apart: 

• Multiple top carriers: We make comparisons for you, saving you time and effort.
• Tailored policies: Our agents learn your needs to make policies that match your local risks and lifestyle.
• State Expertise: Our agents are licensed for the state, so they know Denver’s unique road challenges.
• Commitment to Service: Goosehead makes sure you’re supported every step of the way.