Loveland Car Insurance

Monthly Average Rates by Country, State, and City

Car insurance rates vary from driver to driver and are based on many factors that include driving history, claims history and where you live. Each city in Colorado has different rates, and below, you can compare average rates with the national average. According to our data, drivers who live in Loveland typically pay around $109.96 per month compared to the national average of $146.47 per month. The best way to get a low rate is by comparison shopping. SmartFinancial can do that for you at no cost while pairing you with a reputable insurance company so you have no surprises if you have an accident.

Loveland, CO Best Car Insurance Companies

Certain insurers will offer you better rates than others based on a myriad of factors, so you may get a better deal from one insurer over another for various reasons, and that’s why it’s important to compare. According to our data, State Farm generally has the most affordable car insurance in Loveland coming in around $96.07 per month. Other companies to consider if you live in Loveland is USAA with an average cost of $96.92 per month and Colorado Farm Bureau Mutual which typically runs around $105.66 per month. Check out the full list below. SmartFinancial rates the following insurers as the best insurance companies for drivers in Loveland.

How Much is Car Insurance in Loveland, CO?

Rates can vary from city to city. The residents of Arvada typically pay $124.13 per month while people who live in Aurora will pay $151.33 per month on average. See what people pay for car insurance in other cities in Colorado.

Cheap Car Insurance in Loveland by Zip Codes

Every zip code rates differently with every insurer. Your zip code determines the crime rate in your area as well as other risks. Below, you can see how average rates range across the state of Colorado. If you live in an area that is rated high in crime, you can make sure to garage your car in a safe place. That ought to save you some money. Covered and gated structures are best. Make sure to tell your insurance agent about the precautions you’re taking.

Car Insurance Rates by Driver's Age Group in Loveland

Generally speaking, you pay more in car insurance the younger you are and the older you are. Teens and young adults often pay around $207.64 per month in Loveland. Compare that to drivers in their 30’s who typically pay around $107.27 per month drivers in their 40s at $97.94 per month. It’s always a good idea to check for discounts that apply at any age. Some discounts include away-at-school discount, safe driver discount, mature driver discount, good student discount as well as multi-policy and bundling discounts.

Cheapest Insurance for Teenage Drivers in Loveland

If you are teen in Loveland you are probably looking for a good deal on car insurance. Since teenage drivers typically pay the highest rates of any other age group, it’s important to compare multiple companies. According to our research, USAA typically charges around $157.44 per month. This is likely the most affordable option in Loveland. You might also want to consider Colorado Farm Bureau Mutual and State Farm who also offer good affordable policies for teen drivers.

Cheapest Insurance for 20 Year-olds in Loveland

20 year-olds in Loveland might want to consider Kemper Premium who, on average, offers car insurance rates around $70.75 per month. USAA , State Farm , Colorado Farm Bureau Mutual and Dairyland Realtime are also in the top 5 cheapest rates available.

Cheapest Insurance for 30 Year-olds in Loveland

If you are in your 30s in Loveland our research has found that Dairyland Realtime typically has the most affordable coverage coming in around $84.60 per month, followed by Safeco at $89.13 and State Farm at $92.95.

Cheapest Insurance for 40 Year-olds in Loveland

On average, Colorado Farm Bureau Mutual offers car insurance for 40 year-olds in Loveland for around $86.46 per month. If you are looking for affordable coverage, you may also want to consider USAA or State Farm. The full list of top companies is below.

Cheapest Insurance for 50 Year-olds in Loveland

Oftentimes 50 year-olds enjoy some of the lowest rates of any other age group. In Loveland we found that Colorado Farm Bureau Mutual generally offers the most affordable coverage at $77.64 per month.

Cheapest Insurance for 60 Year-olds in Loveland

If you live in Loveland and you’re in your 60s, our data indicates that State Farm usually has the best rates at $75.97 per month. The top 5 list of car insurance companies is below.

Driver's Coverage Auto Insurance Rates in Loveland, CO

Typically, drivers who currently have car insurance coverage will receive a cheaper monthly quote than drivers who do not. Since car insurance is a requirement in all 50 states, companies may question why you don't currently have coverage. Because of this, they may see you as a higher risk driver. In Loveland, the average monthly rate for a driver who is currently insured is $106.87 while drivers who are not currently covered will pay around $116.61.

Compare Recent Car Insurance Quotes in Loveland

Your vehicle plays a big part in how you rate for car insurance. The more your car is worth, the higher your car insurance rate. To lower your monthly premiums, you can set a higher deductible, but you’ll need to pay that deductible if you have an accident. Generally speaking, the newer a car is, the more it’s worth, and you may pay more in premiums, but the latest safety features will earn you a discount. The overall safety ratings of a car are also considered when determining your rate. In Loveland a driver of a 2018 Kia Optima can expect to pay around $191.13 per month while someone that owns a 2008 Pontiac G6 may pay around $116.13 per month. Check out the list of recent quotes in Loveland below.

FAQ's for Drivers in Loveland, CO

What Is the Minimum Liability Coverage Requirement in Loveland, CO?

Colorado requires that all drivers carry car insurance, and insurance regulations are strictly enforced by the Colorado Department of Regulatory Agencies, Division of Insurance. Drivers must carry $25,000 per person and $50,000 per accident of bodily injury and $15,000 per accident for property damage.

Although Colorado used to be a no-fault state, it now operates as a tort system. This means fault must be established before any insurance company pays a claim. This change was made to reduce insurance premiums and claims abuses.

• $25,000; Bodily injury coverage per person; Maximum payment for serious or permanent injury or death to a single person
• $50,000; Bodily injury coverage per accident; Maximum payment for serious or permanent injury or death to multiple people
• $15,000; Property damage per accident; Maximum payment for all damaged property in an accident caused by you

Even though it isn’t required by law, finance and leasing vendors insist that you carry collision and comprehensive auto insurance on any financed vehicle. They may also require additional coverages. Consider this when calculating the price of your auto loan.

What Is the Blood Alcohol Concentration (BAC) limit in Loveland, CO?

It’s illegal for individuals to operate a vehicle in Colorado with the following BAC percentages:

• .08%+ for 21 years old or older
• .04%+ for commercial vehicle drivers
• .02%+ for under 21 years old

What are the consequences of being convicted of a DUI?

The consequences of being convicted of a DUI in Colorado are severe and may include fines, probation, legal costs, jail time, and installation of an ignition interlock device. Additionally, your driver’s license will be suspended and you may be required to take alcohol education classes or attend an addiction treatment program.

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