Lakewood Car Insurance

Find the right car insurance policy for you.

Written by Meg Stefanac
Written by Meg Stefanac

Financial blogger and business owner, Meg Stefanac, has more than 15 years experience working in the financial services industry and enjoys helping individuals make solid financial decisions. Meg has extensive experience writing about insurance and finances and is a key contributor to


Mountain driving, coupled with snowy winters, can make Lakewood roads treacherous at times. Lakewood drivers need quality, affordable car insurance to make sure they are protected from the financial consequences of a crash. Independent Insurance Agents can assess the unique risks you face as a Lakewood driver. Our local agents will work hard to find you an insurance policy that meets your needs while staying within your budget.

How Much Does Lakewood Car Insurance Cost?

Lakewood car insurance costs around $128 per month, on average. But everyone’s car insurance rates are different. No matter where you live, you should not overpay for car insurance. Your Lakewood car insurance policy should be completely personalized, taking into account your vehicle's age, model and average annual mileage. 

If you are paying more than your friends or family members, it might be because you drive a new car, have a longer commute or live somewhere with a high rate of vehicle theft. An agent will work with multiple carriers to find a policy that tackles your risks head-on. And with more than one policy to choose from, you can pick the one that fits within your budget.

Lakewood Car Insurance Requirements

Car insurance is essential to protect drivers from the financial consequences of car accidents and other vehicle-related mishaps. Colorado drivers are required by law to purchase a minimum amount of liability coverage. It pays for damage to other people’s cars and for other people’s injuries if you are at fault for an accident. You can purchase other types of coverage to help you pay for your own car if it is damaged, stolen or vandalized. When something unexpected happens to your car, here’s how Lakewood car insurance can help.

Who Pays If The Accident Wasn't My Fault?

The driver who caused the accident, of course. Sometimes, people drive without insurance. Approximately 13.3% of Colorado drivers are uninsured. Unfortunately, if you are hit by an uninsured driver, you have to pay for your own car damage and your own medical bills. That's where uninsured motorist coverage comes in. It pays for vehicle damage and medical expenses if you cannot collect from an uninsured driver. As a Colorado resident, you are not required to have this type of coverage.


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What Affects the Cost of Lakewood Auto Insurance?

Your monthly Lakewood car insurance payment is based on several individual characteristics that predict how risky you are as a driver. It’s fairly simple: Insurance companies charge more for drivers who they consider to be more likely to get into an accident or file a claim. Younger drivers typically pay more than older drivers; male drivers typically pay more than female drivers. And single drivers generally pay more for car insurance than married drivers.

While you can’t control your age or your gender, you can control some of your other risk factors. Maintaining a clean driving record is one of the best ways to control your Lakewood auto insurance rates. If you have speeding tickets or other citations on your driving record or if you have been in an accident, expect a hike in your car insurance premiums. And don’t forget to ask about discounts. Your agent can help you maximize the auto insurance discounts that you are eligible for.

More City Factors that will Affect your Rate

Commute time: Simply put, the more time you spend on the road, the more likely it is that you'll be in an accident. Lakewood commute times are close to the national average and likely have little impact on car insurance rates.

  • National average: 25.4 minutes
  • Lakewood average: 24.5 minutes

Number of Car Thefts in Lakewood

Car theft can be a problem in Lakewood, which can lead to increased car insurance rates for local residents. A Lakewood car insurance policy can help if you are a victim of auto theft. It can help you replace your stolen car as well as any belongings that were inside of it. If you live in Lakewood, protecting your car from theft should be a top priority.

  • Never leave your car key in your vehicle
  • Keep your vehicle in the garage whenever possible
  • Never leave valuables in your vehicle, especially where they can be seen
  • Never leave your vehicle running when you leave it
  • Always roll up the windows and lock your car, even at home
  • Always park in a high-traffic, well-lit area

Remember to immediately report a stolen vehicle to the police and your insurance agent.

  • National number of thefts for 1,000 vehicles: 2.28 
  • National number of thefts for 1,000 vehicles in Colorado: 3.80
  • Number of thefts for 1,000 vehicles in Lakewood: 5.78 

Find Affordable Car Insurance in Lakewood

Independent insurance agents can get quotes from numerous insurance carriers, so you have a variety of options. Our agents will assess your risks and answer your questions so they can find the coverage that best fits your needs and budget. Quality, affordable coverage for Lakewood residents is just a few clicks away.

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