Broomfield, CO Car Insurance

Residents of Broomfield pay, on average, about $70 per month for car insurance. To find out more check out our guide below.
How much can residents of Broomfield expect to pay for their car insurance? How does Broomfield compare to the surrounding area and the rest of Colorado? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in Broomfield?

Area Average Monthly Car Insurance Premium
Broomfield$70
CO$71
United States$80

As you can tell by looking at the chart above, auto insurance rates in Broomfield are about the same as the rest of Colorado.

When stacked up against the national average, the average monthly policy payment for Broomfield is more affordable. Car insurance rates for the U.S. as a whole are, on average, $10 more expensive than the rates you'd pay in Broomfield.

Bear in mind that while these rates represent the expected monthly payments for Broomfield drivers, it doesn't mean that's what you'll pay. There are a number of factors that determine how much insurance companies might charge you for your insurance policy. Your bill each month is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.

But don't worry, we've broken down the average rate for Broomfield residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. And if you think you might be overpaying for insurance, simply enter your ZIP below to learn more about rates in your area!

See what you'll pay in just minutes

Average Car Insurance Rates by Age

Age Range Average Premium
Under 18$194
18-24$103
25-34$57
35-44$61
45-54$60
55-64$63
65+$53

Generally, the older you are, the more experienced you are on the roads, right? It also makes sense that the more experienced of a driver you are, the safer you are. According to the table above, you can see that 18-24-year-olds pay $50 more than someone who is at retirement age.

For every 10 years, you can expect to see a drop in your monthly premium. Once you hit retirement, however, you may see your rates creep back up a bit in Broomfield.

Average Car Insurance Rates by Gender

Gender Average
Male$70
Female$70

Car insurance rates for men are usually slightly more expensive than they are for women. Male and female drivers in Broomfield, however, both pay around $70 a month for car insurance coverage.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$93
Multiple Accidents$113
1 Ticket$95
Multiple Tickets$106

Your rates can change quite drastically depending on your driving record. Those with clean records will see the most affordable rates, whereas even a single accident or infraction can cost you. In Broomfield, a driving record with one accident will usually get you a rate around $93 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $95.

Accidents, tickets, and other driving infractions can really hurt your wallet. Remember, cheap car insurance rates are dependent on driving safely and keeping your record clean.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$71
2-3 Years$56
4-5 Years$49
6-7 Years$80
8-10 Years$64
11-14 Years$76
15 Years or Older$70

In Broomfield, the cheapest vehicles to insure are by and large cars, with drivers paying around $68 per month for auto insurance coverage.

Truck and van drivers will see rates of about $79, while the rates for SUV owners average out to about $72 per month.

You may also see different rates based on how old your vehicle is. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is around 5 years old, you may start to see your monthly premium drop back down. In Broomfield, the most expensive vehicles to insure are vehicles six-to-seven years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$71
Married$73
Divorced$55
Widowed$64

Generally speaking, those who are currently married will pay slightly less for auto insurance. This oftentimes is a result of owning multiple vehicles that are on the same policy, something some companies will reward with discounts.

While married drivers normally pay less than single drivers, in Broomfield both groups pay about the same rate.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$67
Rent$73
Live with parents$86

Another factor that comes into play is your housing status. In Broomfield, homeowners can expect to pay around $6 a month less than those who rent. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.

Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your average costs.

Car Insurance Companies in Broomfield, CO

Recent trends in car insurance for Broomfield drivers

Since average rates are constantly changing, it's a smart move to research the local trends in your area before choosing when and where to shop.

In Broomfield, the rates for car insurance had been increasing from 2016-2017, but began to decrease from 2018-2019, when they reached a low of $64. Car insurance rates finished down in 2021, at $79 a month.

How does Broomfield compare to neighboring areas?

Why are car insurance rates in Broomfield different from other areas?

Car insurance companies take in a lot of factors when figuring out how much individual insurance policies will cost. While we mentioned the factors that affect your personal policy, others are based around where you live. These include things like:

  • Community laws
  • Access to off-street parking
  • Road Safety (total number of local car accidents)
  • Total number of drivers
  • Crime rates

It's good to be aware of these factors (even though you may not be able to do much to change them) as you shop for a new policy or consider making a move. Different cities and towns will each have different rates, so guides like these are a handy way to get started.

How can I find the cheapest car insurance in Broomfield?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

Good news! Compare.com will handle the heavy lifting for you. Put in your ZIP Code below, respond to a few questions, and you'll be comparing the cheapest quotes from many of the car insurance companies providing coverage in Broomfield.

Compare the cheapest quotes from dozens of insurance companies

Broomfield Insurance FAQs

What factors affect car insurance quotes in Broomfield?

The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your age and gender, but also factors like your vehicle's year, make and model, plus your driving record, credit score, marital status, and address.

Why is the cost of car insurance in Broomfield different from other neighboring cities?

Auto insurance companies consider regional factors, such as local laws, crime rates, and parking situations into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

Which car insurance company will offer me the cheapest rate in Broomfield?

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to Broomfield?

Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Broomfield or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.

Find your best rate in just a few minutes