Cheapest Homeowners Insurance in Colorado with rates for 2022

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Finding the cheapest home insurance in Colorado requires getting quotes from multiple home insurance companies.

Home insurance companies don’t devise rates in all the same way. One may put a greater emphasis on one metric, such as a home’s claims history, while not caring as much about another, such as a person’s credit. That’s one reason why it pays to get quotes from multiple insurance companies.

We found that Nationwide has the cheapest homeowners insurance rates in Colorado with an average annual premium of $2,153 or $179 per month for $300,000 dwelling and $300,000 liability coverage with a $1,000 deductible.

Let’s take a look at the cheapest homeowners insurance in Colorado and how to find the best home insurance rates.

Key Takeaways

In Colorado, the cheapest homeowners insurance is offered by Nationwide at $2,153 per year for $300,000 dwelling coverage, $300,000 liability protection and $1,000 deductible.
The zipcode 81503 in Colorado offers the homeowners insurance at the cheapest rate of $1,996 per year.

Cheap homeowners insurance companies in Colorado

Home insurance costs are a vital part of finding a homeowners insurance policy. Who has the cheapest homeowners insurance in Colorado?

Nationwide, Travelers and American Family are the cheapest homeowners insurance companies in Colorado, on average.

Here are average Colorado homeowners insurance rates for a policy with $300,000 dwelling coverage and $300,000 liability protection with a $1,000 deductible.

Company	Average annual premium	Average monthly premium
Nationwide	$2,153	$179
Travelers	$2,530	$211
American Family	$2,832	$236
Safeco	$2,873	$239
Allied	$2,976	$248
USAA	$3,124	$260
Foremost	$3,248	$271
Allstate	$3,383	$282
Garrison	$3,716	$310
State Farm	$4,090	$341
Farmers	$4,433	$369
First Liberty	$7,787	$649
Fire Insurance	$8,038	$670

Compare cheap homeowners insurance in Colorado by ratings

It’s a smart move to shop around to look for cheap homeowners insurance and compare policies and coverages from different insurance providers carefully. Here we have compared the cheapest home insurance companies in Colorado based on J.D. power score and AM Best ratings that help you to choose the best among the options available.

Company	J.D. Power score	AM Best rating
USAA	882	A++
State Farm	835	A++
American Family	831	A
Allstate	829	A+
Farmers	813	A
Nationwide	812	A+
Safeco	810	A
Liberty Mutual	806	A
Travelers	800	A++

How much is home insurance in Colorado

The average cost of homeowners insurance in Colorado is $3,082 for $300,000 dwelling and $300,000 liability with a $1,000 deductible. The average Colorado home insurance costs are $777 more than the national average.

Average annual premium	Average monthly premium
$3,082	$257

Multiple factors play a role in homeowners insurance cost, including:

Location, including ZIP code
Level of coverage
Home construction and age
Your claims history
Your home’s claims history
The area’s claims history
Deductible
Credit history

Cheapest homeowners insurance in Colorado by ZIP code

81503 has the cheapest homeowners insurance, among large cities surveyed, with average rate of $1,996 per year, which is $166 per month. Here are how Colorado cities rank for average home insurance rates:

ZIP code	Average annual premium	Average monthly premium
81503	$1,996	$166
81504	$2,010	$168
81506	$2,027	$169
81501	$2,033	$169
81601	$2,037	$170
81505	$2,059	$172
81521	$2,064	$172
81650	$2,078	$173
81623	$2,086	$174
81520	$2,098	$175
81615	$2,101	$175
81635	$2,115	$176
81637	$2,120	$177
81526	$2,121	$177
81631	$2,129	$177

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Colorado by city

Colorado Springs

Arvada

Mesa

How much is home insurance in other states

Alaska$1,799/Year

Alabama$2,981/Year

Arkansas$3,439/Year

Arizona$1,976/Year

California$1,166/Year

Connecticut$1,961/Year

Washington D.C.$1,488/Year

Delaware$1,521/Year

Florida$3,439/Year

Georgia$2,555/Year

Hawaii$499/Year

Iowa$2,540/Year

Idaho$1,842/Year

Illinois$2,201/Year

Indiana$2,423/Year

Kansas$3,931/Year

Kentucky$2,862/Year

Louisiana$3,270/Year

Massachusetts$1,920/Year

Maryland$1,518/Year

Maine$1,833/Year

Michigan$2,153/Year

Minnesota$3,010/Year

Missouri$3,111/Year

Mississippi$3,340/Year

Montana$2,809/Year

North Carolina$2,009/Year

North Dakota$2,601/Year

Nebraska$3,133/Year

New Hampshire$1,455/Year

New Jersey$1,744/Year

New Mexico$2,299/Year

Nevada$1,486/Year

New York$1,840/Year

Ohio$2,107/Year

Oklahoma$4,445/Year

Oregon$1,608/Year

Pennsylvania$1,720/Year

Rhode Island$2,125/Year

South Carolina$2,678/Year

South Dakota$3,172/Year

Tennessee$2,692/Year

Texas$3,429/Year

Utah$1,378/Year

Virginia$1,956/Year

Vermont$1,212/Year

Washington$1,514/Year

Wisconsin$1,732/Year

West Virginia$2,486/Year

Wyoming$2,083/Year

Les Masterson

Contributor

Les, a former managing editor, insurance, at QuinStreet, has more than 20 years of experience in journalism. In his career, he has covered everything from health insurance to presidential politics.