Home Home insurance Renters insurance Renters insurance cost Cheap renters insurance in Colorado Cheap renters insurance in Colorado By Insure.com's Editor | Posted on February 6, 2022 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing honest and reliable information so that you can make the best financial decisions for you and your family. All of our content is written and reviewed by industry professionals and insurance experts. We maintain strict editorial independence from insurance companies to maintain our editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria. There’s a lot to take into account when shopping for renters insurance, but we’ve compiled a list of the top providers in Colorado. Our insurance experts have analyzed price quotes from Colorado’s largest renters insurance companies to help make your decision easier. Below is the list of cheapest renters insurance companies in Colorado: NationwideAlliedFarmersTravelersState Farm Cheapest renters insurance companies in Colorado Nationwide offers the cheapest renters insurance in Colorado at an average annual rate of $153 or $13 per month. Based on Insure.com’s rate analysis, we have mentioned cheap renters insurance companies in Colorado along with their average annual rates. CompanyAverage annual rateAverage monthly rateNationwide$153$13Allied$159$13Farmers$190$16Travelers$199$17State Farm$201$17Allstate$212$18Fire Ins Exch$215$18USAA$240$20Garrison$250$21American Family$299$25Safeco$313$26Liberty$546$45 Average cost of renters insurance in Colorado by coverage level In Colorado, the average cost of renters insurance is $221 per year or $18 per month, that’s $105 less than the national average of $326. These rates are for the coverage level of $20,000 for personal property, $1000 as deductible and $300,000 as liability protection. Find below average cost of renters insurance in Colorado for coverage levels of- $40,000 and $60,000 with liability protection of $300,000 and $1000 as deductible. Coverage levelAvg. annual renters insurance rateAvg. monthly renters insurance rate$20,000$221$18$40,000$292$24$60,000$358$30 Most affordable ZIP codes for renters insurance in Colorado How much Colorado renters pay for insurance majorly depends on the zip code they live in. Based on our findings, the most affordable zip code for renters insurance in Colorado is 81024. Its average annual rate $252 or $21 per month. The above mentioned rates are for the coverage limits of $40,000 for personal property, $1000 as deductible, and 100,000 in liability protection. Rates vary based on the zip code, that’s why comparing quotes is one of the easiest ways to get the best deal on renters insurance in Colorado. ZIP codeAverage annual rateAverage monthly rate81024$252$2181020$254$2181027$255$2180501$256$2180026$257$2180503$258$2280454$259$2280027$260$2280304$261$2280301$262$22 Least affordable ZIP codes for renters insurance in Colorado Your zip code, among other factors, affects how much you pay for renters insurance in Colorado. 80207 is the least affordable zip code for Colorado renters at an average cost of $338 a year or $28 monthly. We have analyzed quotes from the major insurance carriers across all the zip codes in Colorado. Below we’ll provide the average annual renters insurance costs by ZIP code, also find out how much renters insurance costs per month. ZIP codeAverage annual rateAverage monthly rate80207$338$2880203$337$2880205$336$2880204$335$2880218$334$2880202$333$2880210$331$2880211$330$2880216$329$2780206$328$27 Renters insurance rates vary from one city to another. But with Insure.com, finding the right renters insurance policy is easy. Learn more about renters insurance costs for different cities below. Renters insurance rates in Colorado by cityArvadaColorado SpringsMesaRenters and auto bundle discounts in Colorado If you’re looking for ways to trim costs on your insurance premiums, consider purchasing both renters and auto policies from the same company. Bundling policies can help you save an average of $124 per year in Colorado. State Farm offers the cheapest rate on renters and auto insurance bundle, you can save an average of $74 annually or 5%. CompanyAverage annual rateAverage base annual rate (without bundling)$ bundle average savings% bundle average savingsState Farm$1,564$1,638$745%Nationwide$1,849$1,928$794%Geico$2,041$2,099$583%Owners $2,266$2,385$1195%Allstate$2,320$2,368$492%American Family $2,446$2,597$1516%Farmers$2,656$2,854$1987%Progressive$3,098$3,365$2678% How much is renters insurance in other statesAlaska$165/YearAlabama$377/YearArkansas$313/YearArizona$255/YearCalifornia$225/YearConnecticut$246/YearDelaware$262/YearFlorida$208/YearGeorgia$454/YearHawaii$166/YearIowa$245/YearIdaho$232/YearIllinois$245/YearIndiana$238/YearKansas$274/YearKentucky$295/YearLouisiana$417/YearMassachusetts$269/YearMaryland$194/YearMaine$206/YearMichigan$352/YearMinnesota$362/YearMissouri$279/YearMississippi$393/YearMontana$201/YearNorth Carolina$166/YearNorth Dakota$338/YearNebraska$226/YearNew Hampshire$171/YearNew Jersey$249/YearNew Mexico$261/YearNevada$259/YearNew York$230/YearOhio$282/YearOklahoma$380/YearOregon$189/YearPennsylvania$200/YearRhode Island$263/YearSouth Carolina$267/YearSouth Dakota$160/YearTennessee$239/YearTexas$251/YearUtah$267/YearVirginia$220/YearVermont$128/YearWashington$174/YearWisconsin$191/YearWest Virginia$240/YearWyoming$150/YearShow more Related Articles Does homeowners insurance cover storage units? 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