Colorado Auto Insurance
Colorado residents have many choices when shopping for auto insurance. Studies have shown that there can be wide swings in price between different companies even when comparing auto insurance policies with identical levels of coverage. Given this wide range of prices for essentially the same level of auto insurance protection, it is always a good idea to compare auto insurance quotes from multiple companies before you buy. The relatively small amount of time spent shopping can save you hundreds of dollars annually on your auto insurance premiums. Of course you will want to make sure the insurance company is financially strong and has a solid track record.
The top auto insurance companies in Colorado based on market share (2007) are listed below:
State Farm - 20% Market share of Colorado Drivers. " A++" rating with AM Best. Founded in 1922
Farmers - 14% market share, "A" rated, founded in 1928
American Family - 10% market share, "A" rated, founded in 1927
Allstate - 9% market share, "A+" rated, founded in 1931
Progressive 7% market share, "A+" rated, founded in 1937