How much is insurance on a Chevrolet Colorado?

A 2024 Chevrolet Colorado runs about $1,870 a year for a typical 45-year-old, $70 less than an average car of the same age: lower non-crash losses and lower crash-repair losses outweigh more damage to others' property. Putting a new 16-year-old on a family policy with the Colorado adds about $1,240 a year (#6 of 9 small pickups we compare).

2024 Chevrolet Colorado (Colorado 2WD), national average

about $1,870 a year (about $155 a month)

Estimated range: $1,400–$2,500. Actual quotes can fall outside it.

An average car of the same age (what HLDI's 2022–24 results measure against) runs about $1,940 a year. A used 2010 Colorado drops to about $1,540 (see the table below).

A Chevrolet Colorado from the 2023–present generation. Photo: MercurySable99, CC BY-SA 4.0, via Wikimedia Commons, cropped (credits).

Priced for the 2024 Colorado 2WD, the newest year covered by HLDI's loss data (2022–24 models), for a 45-year-old driver with a clean record and full coverage. HLDI's results combine drivers of all ages. We apply them to one example driver (a 45-year-old with a clean record) so pages are comparable; they aren't specific to 45-year-olds. Each state raises or lowers every car's price by the same percentage, so the Colorado's rank is the same in every state.

Why the Chevrolet Colorado costs what it does

What HLDI reports (2022–24 models, all drivers combined)

The Highway Loss Data Institute (HLDI) compares each model's insurance losses with an average car's. For the Chevrolet Colorado crew cab, on HLDI's scale where 100 is an average car and lower is better, it reports 71 for crash repairs, 61 for non-crash damage, and 112 for damage to others' property.

Crash repairs (collision)fixing this car after a crashBetter than average29% better than average2nd best of the 9 small pickups we compare
Non-crash damage (comprehensive)theft, weather, fire, vandalism, glass, and animal strikesBetter than average39% better than average2nd best of the 8 small pickups we compare
Damage to others' property (property damage liability)other people's cars and property, when this car's driver is at faultAverage12% worse than average6th best of the 8 small pickups we compare
Injuries to others (bodily injury liability)how often injury claims are filed against this car's drivers, not how much they costInsufficient dataNo result from HLDI for this model

HLDI's ratings, best to worst:Substantially better than averageBetter than averageAverageWorse than averageSubstantially worse than averageInsufficient data

HLDI rates results within about 20% of average as “Average.”

HLDI doesn't publish a result for injuries to others on this model, so it's marked “Insufficient data”.

Source: HLDI, insurance losses by make and model, 2022–24 models.

What we estimate that means for price

Prices move less than loss results do: a car's loss record is only one of many things insurers weigh, and each weighs it differently. So we count only part of HLDI's difference. Combining crash repairs and non-crash damage (weighted about 71% and 29%, the share each makes up of industry claim costs), the Colorado comes out about 32% better than average. We count about 40% of that difference, so the part of the bill that fixes the car is about 14% less than average: about $820 a year vs $950. On the liability side, HLDI publishes damage to others' property but not injury claims for the Colorado, so we go by that one result: about 12% worse than average. We count about half, so that part is about 6% more: $1,050 a year vs $990.

How the math works

In EPA size classes, the Colorado is a small pickup (gas-powered). In Highway Loss Data Institute loss tables, the Chevrolet Colorado is benchmarked against small pickups.

Matched to HLDI series “Chevrolet Colorado crew cab” (HLDI, 2022–24 models).

A used Chevrolet Colorado, by model year

One model year per age group. Liability only: no coverage for the car itself. Teen columns: a new 16-year-old. Each row uses the HLDI report that covers that model year.
Model year	Full coverage	Liability only	Adding a teen	Teen on their own policy
2024 Colorado 2WD (0–3 years old)	about $1,870	about $1,050	+$1,240	about $5,370
2022 Colorado 2WD (4–7 years old)	about $1,770	about $1,050	+$1,170	about $5,090
2018 Colorado 2WD (8–12 years old)	about $1,790	about $1,140	+$1,180	about $5,140
2010 Colorado 2WD (13 or more years old)	about $1,540	about $1,010	+$1,020	about $4,430

Our catalog covers the Chevrolet Colorado across model years 2006–2012, 2015–2026. Full coverage on a used 2010 Colorado (13 or more years old) runs about $1,540 a year, $330 less than on a 2024. Dropping collision and comprehensive on that 2010 brings liability-only coverage to about $1,010 a year. Each photo shows that year's generation of the car. Photo credits.

Across 2024 Chevrolet Colorado trims, full coverage goes from about $1,790 a year on the Colorado 4WD to about $1,870 on the Colorado 2WD, because HLDI's loss results differ by body, drive, or powertrain.

Colorado 4WD; Colorado Mud Terrain Tires 4WD; Colorado ZR2 4WD; Colorado ZR2 Bison 4WD: about $1,790
Colorado 2WD: about $1,870

On a policy of their own with a 2024 Chevrolet Colorado, a 22–25-year-old pays about $2,430 a year ($560 more than a 45-year-old), a 26–39-year-old about $2,080, and a driver 65 and older about $1,970.

Adding a 16-year-old with a Chevrolet Colorado

Adding a new 16-year-old who drives the Chevrolet Colorado raises the family bill by about $1,240 a year ($105 a month), about the same as adding a teen with an average car of the same age. A separate policy for the 16-year-old runs about $5,370 a year, so keeping them on the family policy saves about $4,140 a year.

For adding a teen driver, the Chevrolet Colorado ranks 51st cheapest out of all 121 models we track. Stepping down to a used 2010 Colorado (13 or more years old) brings the teen add-on to about $1,020 a year.

That increase is how much the family bill goes up with a new 16-year-old driving this car. Cheapest cars to insure for a teen.

Similar small pickups

Among these 9 small pickups, the Chevrolet Colorado is the 4th most expensive to insure. Right next to it are the Nissan Frontier (about $1,870 a year) and the Hyundai Santa Cruz (about $1,890).

Photos from Wikimedia Commons contributors. Photo credits.

What a Chevrolet Colorado costs in your state

In six sample states, a 2024 Chevrolet Colorado runs from about $1,250 a year in North Dakota through New Hampshire, Tennessee, New Mexico and Delaware to about $2,250 in Texas:

North Dakotaabout $1,250/yr · +$830 teen
New Hampshireabout $1,340/yr · +$890 teen
Tennesseeabout $1,580/yr · +$1,040 teen
New Mexicoabout $1,690/yr · +$1,120 teen
Delawareabout $2,040/yr · +$1,350 teen
Texasabout $2,250/yr · +$1,480 teen

All 50 states and DC · Updated November 5, 2026.

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