Look over the age-based estimates, carrier rankings, and coverage tips for Monument drivers, then get a real quote from an independent agency.
Free auto quoteCall (800) 253-1482Monument, Colorado: average car insurance rates
Treat these numbers as comparison averages and estimates; none of them is a guaranteed quote. Your own quote will hinge on the drivers and the vehicles, the ZIP code, chosen limits and deductibles, credit where the state allows it, and your claims history.
Car Insurance Rates by Driver’s Age Group in Monument
| Area | Average Monthly Rate |
|---|---|
| National | $169.67 |
| Colorado | $172.40 |
| Monument, Colorado | $160.94 |
Cheapest car insurers for Monument, CO drivers
| Rank | Company | Average Monthly Rate |
|---|---|---|
| 1 | Progressive | $134.56 |
| 2 | GEICO | $139.55 |
| 3 | Safeco | $142.09 |
| 4 | National General 360 | $144.82 |
| 5 | Lemonade | $147.62 |
| 6 | Travelers | $159.36 |
| 7 | NatGen Premier | $162.56 |
| 8 | Allstate | $164.51 |
| 9 | National General NS | $186.73 |
| 10 | Chubb | $191.15 |
Check Out Other Rates in Monument, CO Nearby Cities:
Tips and tricks to lower car insurance rates in Monument
Comparing rates goes beyond finding the lowest binder price. The durable wins usually come from right-sizing liability limits first, then shopping collision deductibles, then re-checking the market every policy term.
- Compare at least several carriers each renewal. Underwriting appetite moves after storm seasons and loss trends. In Monument, the leader can change year to year: what led last year may not lead now.
- Bundle when the numbers add up. Home and auto together can help, but compare the combined cost, not just the auto line alone. Begin at /get-a-quote/auto-quote and tell us about any homeowners or renters policy you already hold.
- Raise deductibles only if you have cash reserves. Moving from $500 to $1,000 can cut the premium, but only if a hail or collision claim would not strain your budget.
- Teens need a deliberate plan. On this page, the illustrated 16–19 monthly estimate is about $1,046.28, far above adult buckets near $107. Ask about good-student discounts, driver training, telematics, and adding the teen to the right vehicle — not necessarily the newest car in the driveway.
- Choose telematics thoughtfully. Usage-based plans can pay off for gentle acceleration and low overnight mileage, but night driving and hard braking can erase the benefit.
- Do not let coverage lapse. Skipping a few months rarely pays, because even a short gap often costs more than it saved.
- Make garaging accurate. Before binding, correct it if the car is kept in Monument but insured at another address (or the reverse).
- Ask about paperless, autopay, paid-in-full, and professional affiliations. Combined, these credits can move a competitive quote, even though each is small alone.
Document improvements too. Roof cameras are a home item, but a clean Motor Vehicle Record, dash cams, and anti-theft devices can still help many auto applications. To keep underwriting from guessing, have those details at your Monument review.
Driving and insurance context in Monument
Monument counts roughly 6,420 residents and lies within El Paso County, in Colorado Springs area. Population stands near 6,420. Front Range communities face hail, wind, and wildfire risk that can move premiums quickly after active storm seasons.
Monument commutes frequently mix arterial roads and highway miles, so underwriters weigh both the garaging ZIP and annual miles. The rates carriers file for surrounding ZIP codes, and the comprehensive claims behind them, track local weather, above all hail, smoke days, and winter driving. Two neighbors in Monument with similar cars can still pay different amounts: prior claims, the exact garaging address, how the car is built, and a credit-based score where allowed each shift the price.
If you are new to Colorado Springs area, take a few minutes to confirm how you use the vehicle. Underwriters focus more on how and by whom the car is driven than a minor trim difference: highway commuting, rideshare activity, and teen drivers each change the rating story. Tell us how the car is actually driven when you ask for a quote, which lets us match carriers that price that profile well.
Many Monument drivers also underestimate how vehicle safety features and ownership length interact with discounts. Carriers do not all value anti-theft devices, automatic emergency braking, or continuous coverage the same way. Those carrier quirks are what an independent agent turns into a shortlist, sparing you ten websites and the same application each time.
Pull up the declarations pages from your current policy; it is a small step that helps. Line up the limits, deductibles, and drivers listed; that is the quickest route to an apples-to-apples comparison for Monument. Check for dropped liability limits, missing comprehensive, or an omitted household driver whenever a quote looks dramatically cheaper.
Auto coverage explained for Monument drivers
In Colorado, minimum liability is the legal floor, yet it rarely matches a serious injury claim or a newer financed vehicle. This outline doubles as a checklist for comparing Monument quotes.
- Liability: bodily injury & property damage: Coverage that pays other people when you are at fault. If you have home equity or savings, or a long commute in dense traffic, it pays to consider higher limits.
- Collision: Fixes your car after a crash with another car or object, minus your deductible.
- Comprehensive: Handles damage that is not from a collision, including theft, hail, glass breakage, and animal strikes, an important coverage where severe weather is common.
- Uninsured / underinsured motorist: Protects you if the at-fault driver has little or no insurance. Each state treats UM/UIM differently, so ask how it works before you waive it.
- MedPay / PIP: It pays medical bills after a crash for you and your passengers; availability and stacking vary by state.
- Rental reimbursement: When a covered claim puts your car in the shop, a rental is partly paid for.
- Roadside help: Added to the auto policy, it can cost less than a separate club membership and covers towing, battery, and lockout help.
- Higher limits & umbrella fit: An umbrella carrier sets minimum underlying limits, so check that your auto limits meet them.
For a financed or leased car in Monument, you will almost always need collision and comprehensive. If your car is older and paid off, we can model dropping collision once you understand the out-of-pocket risk. Stormy ZIP codes make glass and hail deductibles worth a second look.
Getting to know Monument
Monument counts roughly 6,420 residents and lies within El Paso County, in Colorado Springs area.
Monument is located in Colorado Springs area, and there routine insurance shopping is shaped more by home characteristics and carrier appetite than by any single landmark.
Local housing is a mix of single-family homes typical of Colorado Springs area; replacement cost, roof age, and construction type still drive most premium differences block by block.
Front Range communities face hail, wind, and wildfire risk that can move premiums quickly after active storm seasons.
Monument discounts to ask about
- Multi-policy discount — auto plus home or renters coverage.
- Multi-car credit — several vehicles insured with the same company.
- Safe driver / claims-free — a clean record usually prices better.
- Driver training & good student — worth asking about when teens are on the policy.
- Telematics / usage-based — optional tracking that rewards careful habits.
- Autopay, paperless, and paid-in-full — small discounts that stack together.
- Safety and anti-theft features — based on the vehicle and the carrier.
No discount replaces shopping. The same advertised discounts can still leave two carriers fifty dollars apart on the same Monument driver.
Multi-car households and mixed driving records
Driver assignment matters for multi-car households in Monument. Assigning the costliest driver to the costliest vehicle drives a common, self-inflicted spike. Since no two companies rate household drivers the same way, we model the assignments across carriers.
A recent ticket or minor accident in the household should not be hidden, because underwriting will see it; shop carriers that are more forgiving of that profile instead. This is why independent agencies exist: you are not stuck inside one company’s rules.
What usually changes a quote in Monument
When a Monument application comes in, carriers look well past the vehicle’s sticker price. Coverage lapses, prior bodily injury claims, and comprehensive weather losses can outweigh a clean credit file. On the other side, a long run of continuous coverage plus a modest mileage estimate can ease the price even if the car is fairly new.
If you work from home some days, ask whether your mileage estimate should change. Many Monument households still carry commuting assumptions from a prior job and overpay for miles they no longer drive. The opposite is also true: if you added a longer Colorado Springs area commute, update the application before a claim creates a mismatch.
How Freedom Insurance Group helps Monument drivers
We do not invent AM Best ratings or pretend every carrier is appointed in every niche. We explain the tradeoffs in plain language, shop the markets we can access, and help you choose limits that fit how you actually drive in Monument and the wider Colorado Springs area area.
Prefer the phone? Dial (800) 253-1482, or request a free auto quote online. Also shopping for homeowners coverage? Start on the home quote form, and we will look at bundling options with no pressure.
The drivers and the vehicles, the garaging ZIP, your desired liability limits, and recent claims are what we will discuss. Those details, rather than this page’s averages, are what produce a shortlist of real, bindable quotes for your household.
What the data says about driving in Monument
Monument has about 4,274 occupied households; 35% have three or more vehicles and 36% have two. That makes multi-car discounts and careful driver assignment relevant for most households here. Roughly 5.1% of households report no vehicle, and anyone who drives occasionally without owning a car can ask about non-owner liability coverage.
NOAA storm reports show 55 hail reports within about 5 miles of Monument from 2016 through 2025. The largest stones measured 2.5 inches near Monument in July 2016. Stones that large can break windows and cause major body damage, and that damage falls under comprehensive coverage. The same database has 2 flash-flood reports nearby, the latest in July 2021; only comprehensive coverage pays for a flood-damaged vehicle.
Census estimates (2020–2024) put about 11,735 people in Monument, on roughly 7.0 square miles of land, which works out to about 1,685 per square mile. The closest Colorado city with more than 100,000 residents is Colorado Springs, about 15 miles to the south. Frequent drives to Colorado Springs should be counted in your mileage.
Monument workers spend about 29 minutes getting to work on an average day, according to 2020–2024 Census survey estimates. Roughly 22% of commuters spend 45 minutes or longer getting to work, and those long drives show up in rating. Of all workers, 65% drive alone, 7.5% carpool, and 25% work from home. With that many remote workers, a stale commute on the policy is a common overcharge.
Census counts put Monument at 1,971 residents in 2000 and 5,530 in 2010, and the Census Bureau’s July 2024 estimate is 13,408. That is growth of roughly 580% since 2000. Federal tornado records from NOAA’s Storm Prediction Center list 13 tornadoes that began within 10 miles of Monument from 1950 through 2015; the most powerful, rated F2, touched down on June 13, 1977.
Comparing nearby rates? We also cover Woodmoor (2 mi), Gleneagle (3 mi), and Palmer Lake (5 mi).
ZIP codes in and near Monument that we insure
80132 · 80133 · 80921
More Colorado coverage options
Auto insurance quotes in Monument, CO
Freedom Insurance Group compares 25+ carriers for Monument residents. Prefer the phone? Dial (800) 253-1482, or request a free auto quote online.
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