Cheapest and Best Non-Owner Car Insurance in Colorado (2024)

Non-owner car insurance protects you against bodily injury and property damage liabilities if you’re involved in an accident when using a borrowed or rented car. You may also use non-owner auto insurance as proof of coverage to have your license reinstated after a severe driving violation, like a DUI.

In Colorado, our analysis finds that GEICO has the lowest average non-owners car insurance rates for drivers with a clean record and drivers with violations. The same company offers the best coverage for customers interested in balancing costs and exceptional service.

According to MoneyGeek’s analysis, GEICO offers Colorado’s cheapest non-owner car insurance for drivers with spotless records and drivers with traffic violations.

• Drivers with clean records: GEICO ($24 per month)
• Drivers with violations: GEICO ($38 per month)

Insurance providers charge higher premiums after a traffic infraction. In Colorado, you will pay an average of $14 more per month for the cheapest non-owners insurance if you have a violation on your record.

GEICO and Auto-Owners provide the most affordable non-owner auto insurance in Colorado for drivers with a clean record.

• GEICO: $24 per month
• Auto-Owners: $30 per month

Colorado drivers with a military connection may opt for a non-owner car insurance policy from USAA at an average monthly premium of $24.

The average monthly cost of non-owner insurance from the most affordable providers in Colorado is $27, much cheaper than the national average of $43. Note that your actual rate may differ depending on your unique profile and coverage preferences.

The cheapest insurance companies for non-owner insurance for Colorado residents with violations on their record are GEICO and State Farm.

• GEICO: $38 per month
• State Farm: $40 per month

USAA offers non-owners the most affordable SR-22 insurance, with an average monthly cost of $35. However, only current and former military members and their families are eligible for these policies.

In most states, including Colorado, an SR-22 demonstrates proof of insurance after a severe traffic violation like an at-fault accident or DUI. These kinds of traffic offenses tend to increase your rates significantly. Colorado’s most affordable SR-22 non-owner insurance policies average $39 monthly, lower than the national average by $20.

If you use a rented or borrowed vehicle but need auto insurance in Colorado, non-owner car insurance is an option for financial protection.

Non-owner car insurance must meet the state’s minimum auto insurance requirements, including bodily injury and property damage protection. However, the policy lacks comprehensive collision coverage and will not pay for injuries to yourself or damages to the driven vehicle.

Non-owner car insurance is generally cheaper than standard car insurance policies. You can lower your rates further by accessing quotes from different providers. The table below compares the features of non-owner insurance and a full coverage standard insurance policy.

Colorado’s non-owner car insurance costs an average of $43 per month. This rate is equal to the national average non-owner car insurance premium.

Although rates vary based on where you live, other factors like your age, car model and driving history have a more significant impact on your actual costs.

The overall best non-owner auto insurance in Colorado comes from the following providers:

• GEICO: MoneyGeek score 77 out of 100 ($24 per month)
• Auto-Owners: MoneyGeek score 75 out of 100 ($30 per month)
• State Farm: MoneyGeek score 68 out of 100 ($37 out of 100)

Customer satisfaction ratings from J.D. Power, AM Best’s financial stability ratings, affordability scores and other factors formed MoneyGeek’s ranking data for determining Colorado’s top non-owner car insurance providers.

Below is an overview of our top three picks to help you choose the best insurer for your situation.

Non-owner car insurance is helpful if you drive borrowed or rented cars occasionally or need to avoid lapses in your insurance coverage. You may also consider non-owners insurance after the state revokes your license because of a severe traffic infraction, like an at-fault accident or DUI. The following driver profiles stand to gain the most from non-owner car insurance.

Non-owner car insurance differs significantly from standard car insurance. We answered some frequently asked questions about non-owner auto insurance in Colorado to help you find the best policy for your needs.