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Colorado Car Insurance. In Colorado, car insurance is mandatory for all drivers. Auto insurance regulations are enforced by the Colorado Department of Regulatory Agencies, Division of Insurance. Until 2003, Colorado was a "no-fault" state, but changed the law in order to help reduce the cost of insurance premiums and help prevent claims abuses.
The local companies with the cheapest car insurance quotes in Colorado Springs are American Family, Auto Owners and Grange. On average, the five cheapest companies charged about $1,010 a year to insure a vehicle in the city.
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Insurers often use data on past claims on a vehicle like yours to calculate car insurance quotes. If other drivers of your model have made a lot of claims, or the vehicle is expensive to repair, that can be reflected in a car insurance quote.
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