Name: Johnson Insurance Agency
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It seems backward: your car loses value every year, but your insurance bill keeps climbing. Colorado drivers have seen some of the steepest increases in the country. Here’s why, and what you can do about it.

Why Older Cars Don’t Always Cost Less to Insure

A car’s value mainly affects the Comprehensive and Collision parts of your premium. Most of your bill pays for liability, medical, and uninsured motorist coverage, and those costs depend on what it costs to treat injuries and repair other people’s cars, not on your car’s value.

What’s Driving Colorado Rates Up

Hail. Colorado is one of the most expensive states for hail damage to vehicles, which drives up Comprehensive costs.
Auto theft. The Denver metro area has had some of the highest vehicle theft rates in the country in recent years.
Repair costs. Newer vehicles are full of sensors, cameras, and computers that make even small repairs expensive.
Medical and legal costs. Injury claims and attorney involvement have grown.
Uninsured drivers. Colorado has one of the higher uninsured driver rates in the country.
Severe weather and traffic. A growing population means more cars on I-25, C-470, and local roads.

Ways to Manage Your Premium

Compare carriers at renewal, since Colorado insurers file their own rates.
Bundle home or renters and auto.
Raise your Comprehensive and Collision deductibles if you have savings.
Consider dropping Collision on an older, low-value car.
Ask about telematics, good student, and defensive driving discounts.
Park in a garage, especially during hail season.

Start an auto quote and we’ll compare options for you.

Have questions about your coverage? Call Johnson Insurance Agency at 303-768-8130 or stop by our office at 14 Inverness Dr. E, Suite G236, in Englewood. We compare coverage from multiple carriers for families and businesses across the Denver metro area and Colorado.