Best Homeowners Insurance in Colorado (2024)
Updated: October 16, 2024
Advertising & Editorial Disclosure
Auto-Owners Insurance is the overall top home insurer in Colorado. We used a $100,000 dwelling coverage limit in our comparisons, but your premium may vary with a different coverage amount.
MoneyGeek also analyzed the cheapest home insurance in Colorado for those on a budget.
Best HomeInsuranceColorado
Why Trust MoneyGeek? We analyzed data from the Colorado Division of Insurance and Quadrant Information Services to identify the best homeowners insurance options in the state.
Home insurance rates in Colorado represent the latest quotes as of July 2024.
Auto-Owners Insurance has the best homeowners insurance in Colorado, followed closely by Chubb.
Finding the right balance between cost and quality service for home insurance is crucial to protecting your property without overspending.
Auto-Owners Insurance excels in Colorado, with perfect affordability, coverage and financial stability scores. Its average annual premium is $972.
Key add-ons include guaranteed replacement cost, which covers rebuilding costs regardless of current prices, and scheduled personal property, providing extended protection for valuables.
Chubb provides the best customer service for home insurance in Colorado.
Prioritizing service quality means choosing a provider with exceptional customer support and claims handling. After a natural disaster, a quick and caring response can make all the difference in your recovery.
Chubb's perfect customer satisfaction score of 65 out of 65 reflects its top-notch service. Key coverages include building ordinance or law, which covers additional costs for rebuilding to meet current codes, and risk consulting, offering personalized advice to mitigate property risks.
Auto-Owners Insurance is the top choice for the cheapest homeowners insurance in Colorado, balancing cost and quality.
Beyond the average cost of home insurance in Colorado, select a provider that balances affordable premiums and excellent service. For example, after roof damage from a hailstorm, you'll want a swift and supportive claims process just as much as reasonable rates.
Auto-Owners Insurance excels in affordability, with a perfect score of 75 out of 75 and an average annual premium of $972.
The company offers discounts for combining multiple policies and installing protective devices like smoke alarms and security systems.
Auto-Owners Insurance offers top-tier insurance for those with expensive homes in Colorado. For homeowners needing $1 million dwelling coverage, these are the best providers:
High-value homes need higher coverage, raising premiums. Choose a provider that balances affordability and quality coverage.
Auto-Owners Insurance excels in insuring expensive homes, earning a perfect affordability score with an average annual premium of $5,654.
It offers a protective device discount for installing safety devices such as smoke alarms. Coverage options include scheduled personal property for protecting valuables and guaranteed replacement cost for rebuilding without policy limits.
Auto-Owners Insurance is the best provider for insuring a new home in Colorado.
Auto-Owners Insurance excels in value and service quality, with outstanding affordability and customer satisfaction scores.
Auto-Owners Insurance is the top choice for new homeowners, with an affordability score of 53 out of 55 and an average annual premium of $1,471.
Homeowners can save through discounts for paperless billing and responsible payment. Its guaranteed replacement cost coverage ensures full home rebuilding, regardless of policy limits.
Auto-Owners Insurance stands out for veterans and military families seeking homeowners insurance in Colorado.
The best home insurance for military families addresses their unique lifestyle, including frequent moves and deployment risks, ensuring protection for homes and possessions in any situation.
Auto-Owners Insurance is the best home insurance provider for veterans, with a perfect affordability score and a customer satisfaction score of 18 out of 30. The average annual premium is $972.
Veterans can enhance their coverage with the scheduled personal property add-on to protect high-value items. Auto-Owners Insurance offers discounts for responsible and early payments.
The best homeowners insurance companies balance adequate coverage and reliable customer service with affordable premiums. Find the right policy for you with these steps:
To determine how much home insurance coverage you need, evaluate the value of your home and belongings. Consider replacement costs and specific risks associated with your location to ensure adequate protection.
Review multiple home insurance companies for financial stability and excellent customer service. Study customer reviews and reputable financial ratings to gauge reliability.
Get quotes from multiple insurers, ensuring the coverage terms are comparable. Use online tools to compare home insurance quotes to streamline the process and check premium differences for similar policies.
Understand each policy's specifics, including coverage for natural disasters, personal property damage and liability. Know what's covered, what's not and the claims process.
Talk to an independent insurance agent for tailored advice. They can help identify your needs, clarify policy complexities and find applicable discounts.
Selecting the best homeowners insurance provider depends on your needs and budget. To help you decide, we've answered common questions about home insurance in Colorado.
Auto-Owners Insurance is the overall best home insurance provider in Colorado, with a MoneyGeek score of 96 out of 100.
Auto-Owners Insurance offers the cheapest homeowners insurance in Colorado, with an average annual premium of $971. Homeowners can use discounts to lower their premiums further.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
