GEICO offers the cheapest non-owner car insurance in Colorado at just $24 monthly, lower than the state average. Explore the table below for other budget-friendly options.
Cheapest Non-Owner Car Insurance in Colorado
Updated: January 23, 2025
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Best Cheap Non-Owner Car Insurance in Colorado: Key Takeaways
GEICO offers the cheapest SR-22 non-owner car insurance for Colorado drivers with a driving incident, averaging $38 monthly.
Non-owner car insurance covers you when driving a vehicle you don't own, as long as you meet Colorado's minimum coverage requirements.
Consider non-owner insurance if you often borrow or rent cars, or need to reinstate your license without a traditional policy.
Cheapest Non-Owner Car Insurance in Colorado
| GEICO | $294 | $24 |
| Auto-Owners | $360 | $30 |
| Kemper | $384 | $32 |
| State Farm | $438 | $37 |
| Progressive | $710 | $59 |
| Farmers | $765 | $64 |
| Nationwide | $900 | $75 |
Cheapest Non-Owner SR-22 Car Insurance in Colorado
GEICO provides Colorado's most affordable SR-22 non-owner policy at $38 monthly, below the state average of $61 for minimum coverage. The table below compares other providers for SR-22 insurance.
| GEICO | $457 | $38 |
| State Farm | $483 | $40 |
| Auto-Owners | $536 | $45 |
| Kemper | $549 | $46 |
| Progressive | $998 | $83 |
| Nationwide | $1,046 | $87 |
| Farmers | $1,090 | $91 |
How Much Is Non-Owner Car Insurance in Colorado?
In Colorado, non-owner car insurance costs an average of $43 monthly, matching the national average. Coloradans pay about $61 for SR-22 insurance, higher than the $48 national average. Your premium may vary based on your driving history and other factors.
Non-Owner Car Insurance Cost Comparison: National vs. State
National Average Cost
Monthly Premium
$43
Colorado Average Cost
Monthly Premium
$43On average, non-owner car insurance in Colorado is: the same
This is 0% more expensive.
Colorado Non-Owner Car Insurance Buyer Guide
Our guide helps Colorado drivers decide if non-owner insurance is right for them. It explains the basics, cost differences and who benefits most.
What Is Non-Owner Car Insurance?
Non-owner car insurance is for people who drive often but don’t own a car. It covers damage or injuries you cause while driving. Below, see how it compares to regular car insurance.
Policy Coverage | Standard Policy | Non-Owner |
|---|---|---|
✔️ | ✔️ | |
Medical payments | ✔️ | ✔️ |
Personal injury protection | ✔️ | ✔️ |
Uninsured/underinsured motorist | ✔️ | ✔️ |
✔️ | ✔️ | |
Collision | ✔️ | |
Comprehensive | ✔️ |
Does Colorado Allow Non-Owner Car Insurance?
Colorado allows non-owner car insurance for those who drive but don't own a car. When you must file an SR-22, you can find affordable plans that meet state minimum coverage requirements.
COLORADO MINIMUM INSURANCE REQUIREMENTS
Colorado's minimum coverage requirements apply to non-owner car insurance and include:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $15,000 in property damage liability per accident
These limits meet state requirements but may not offer full protection. Consider how much coverage you need before purchasing a policy.
Should You Get Non-Owner Car Insurance in Colorado?
Non-owner car insurance is a smart choice for people who drive but don’t own a car. It provides affordable coverage when driving a rental or a friend’s car, making it ideal for renters or car-sharing users. It ensures you meet state minimum requirements in case of an accident. Consider your driving habits to see if this plan fits your needs.
AVOID ONE-DAY CAR INSURANCE
Exercise caution with "one-day insurance" offers in Colorado, as these aren't legitimate and may be fraudulent. Opting for insurance through a car rental company is safer for temporary coverage, such as during a move or road trip.
Who Should Consider Non-Owner Car Insurance?
The following types of drivers should consider a non-owner car insurance policy:
Car borrowers
Car borrowers may not own a vehicle but drive one belonging to a friend or family member. Non-owner car insurance ensures they're covered without relying solely on the owner's policy.
Occasional renters
Occasional renters without a car may find non-owner insurance more cost-effective than buying rental company coverage each time, offering coverage for multiple rentals.
Drivers between cars
Drivers between cars can maintain continuous coverage with non-owner insurance, preventing future premium increases from gaps in coverage.
License reinstatement-seekers
Those seeking to reinstate their driver's license after a suspension may be required to show proof of insurance. Non-owner car insurance can fulfill this requirement without requiring vehicle ownership.
WHAT IS SR-22 INSURANCE?
An SR-22, also called an SR-22 Certificate of Financial Responsibility, is a form your insurance company files with the DMV to prove your insurance meets your state's minimum coverage. Drivers may need an SR-22 after certain incidents, like a DUI or driving without insurance, to show they're legally insured to drive.
Cheap Non-Owner Car Insurance in Colorado: Bottom Line
Colorado allows non-owner car insurance for drivers, including those needing SR-22. GEICO offers the most affordable plan, followed by Auto-Owners and Kemper. For the best deal, compare quotes from multiple providers.
Non-Owner Car Insurance in Colorado: FAQ
Get answers to frequently asked questions about non-owner car insurance in Colorado below.
Which company offers the cheapest non-owner car insurance in Colorado?
GEICO offers the most affordable non-owner car insurance in Colorado at $24 monthly. It also has the lowest rate ($38) for drivers needing an SR-22 certificate.
How much does non-owners car insurance cost in Colorado?
Non-owner car insurance costs roughly $516 annually or $43 monthly in Colorado. For drivers requiring an SR-22, the cost is about $737 annually or $61 monthly.
Colorado Non-Owner Car Insurance Ratings: Our Review Methodology
MoneyGeek compiled Colorado auto insurance rates by collecting data from the Colorado Division of Insurance and Quadrant Information Services. We examined 240 quotes from five providers to identify the state's best and most affordable companies.
Coverage Levels
We compared non-owner car insurance rates from companies in Colorado using minimum coverage policies. The state-required minimum coverage includes:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $15,000 in property damage liability per accident
Drivers and Cars in Colorado
To find the best and most affordable auto insurance companies for non-owner car insurance in Colorado, we used a sample driver profile with the following characteristics:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- Good credit score
- 12,000 miles driven annually
Learn more about MoneyGeek's car insurance methodology.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a 5-time Jeopardy champion!
He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.