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Best homeowners insurance in Colorado for 2025

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Compare the best homeowners insurance companies in Colorado

Using data sourced from Quadrant Information Services, our insurance editorial team compared average premiums from dozens of carriers writing home insurance policies in Colorado. We also looked at coverage options and discount opportunities, as well as the ease of use of each carrier's website and mobile app. Finally, we considered third-party financial strength ratings from J.D. Power. As a point of reference, the average cost of a home insurance policy with $300,000 in dwelling coverage in Colorado is $3,412.


USAA	737 /1,000	$167	$2,010	Get a quote
Allstate	633 /1,000	$137	$1,645	Get a quote
State Farm	657 /1,000	$262	$3,142	Read Review
American Family	643 /1,000	$303	$3,631	Get a quote
California Casualty	N/A	$288	$3,457	Get a quote

*Premiums are for $300K in dwelling coverage **USAA not officially ranked by J.D. Power due to eligibility restrictions

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Read our full methodology

At Bankrate, we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com LLC, a licensed entity (NPN: 19966249). For more information, please see our

years of industry experience

licensed staff

34.5K

ZIP codes examined

120

carriers reviewed

The top 5 home insurance companies in Colorado

Best for military-focused coverage

4.8

USAA Review Get a personalized quote

Avg. premium for $300K dwelling

$167/mo

Avg. premium for $300K dwelling

$2,010/yr

Customer satisfaction

737/1,000

Why USAA made our list: USAA consistently earns high scores across J.D. Power customer satisfaction studies, as well as strong financial strength ratings from AM Best. For the third year in a row, USAA was named a 2024 Bankrate Awards winner (tie) for Best Home Insurance Company Overall. However, membership and coverage are only extended to active-duty or retired U.S. military service members and their eligible family members. Colorado residents who are either members of the military or qualifying relatives may be able to take advantage of USAA’s many coverage options, including those specific to military uniforms and home sharing, among other standard coverage types.

Who USAA may be good for: Military service personnel stationed at the Air Force Academy in Colorado Springs, Fort Carson Army Base or any of Colorado's other military installations may choose USAA as their carrier of choice.
Pros
Unique military-focused coverage add-ons

Low average rates in Colorado
Cons
Strict eligibility requirements

Fewer local agencies than many competitors
Although USAA offers excellent coverage for military members and their families, the company has a limited number of optional endorsements. Here are a few that you may add to your policy:
- Home sharing coverage: If you lease your home or a portion of it to another person, you may want this coverage option.
- Identity theft: Provides financial protection and assistance in the case of identity theft.
- Flood insurance: This coverage is offered as a separate policy since flooding is not covered by most standard insurance policies.
- Water backup and sump pump overflow: Covers damage caused by water backing up in drains, sewers or a sump pump.

Compare rates by city


Colorado Springs	$2,126
Aurora	$1,985
Denver	$2,031
Arvada	$2,021
Thornton	$1,683

Best for discounts

4.2

Allstate Review Get a personalized quote

Avg. premium for $300K dwelling

$137/mo

Avg. premium for $300K dwelling

$1,645/yr

Customer satisfaction

633/1,000

Why Allstate made our list: Colorado homeowners looking for coverage that comes with additional rewards may find Allstate to be an excellent choice. For example, you may earn a 5 percent discount on your premium each year you go without filing a claim. Adding Allstate’s Rateguard option to your policy may protect you from rate increases with an allowance of one claim per five years. Allstate also offers a home-sharing endorsement, which may appeal to homeowners who occasionally rent out their property.

Who Allstate may be good for: Homeowners looking for a long list of potential endorsements and discounts may be satisfied with Allstate's policy options.
Pros
Tied in the 2024 Bankrate Awards for Best Home Insurance Company Overall

Robust digital tools available for policy management
Cons
Scored below segment average in the J.D. Power 2023 U.S. Home Insurance Study

Coverage options may not be available in all states
Allstate has a generous handful of potential endorsements to allow policyholders to craft a policy that works for their situation. Here are some of the more common ones:
- Identity restoration coverage: Covers the expenses incurred in restoring your identity after a theft, including lost wages and legal fees.
- Water backup: Covers damage caused by water backing up in drains or sewers or broken sump pumps.
- Scheduled personal property: Helps cover valuable appraised items such as jewelry or artwork.
- Sports equipment: Increased coverage for golf clubs, ski equipment or other valuable sports equipment.
- Green improvement reimbursement: Will pay the additional cost of replacing damaged or destroyed covered items with more energy-efficient items.
- Yard and garden: Increases the limits for items like trees, hardscaping and garden equipment like lawnmowers.
- Electronic data recovery: Covers the cost of recovering lost personal computer data, including photos or videos.
- Musical instruments: Increases coverage for valuable items such as guitars, pianos and more.

Compare rates by city


Colorado Springs	$1,664
Aurora	$1,762
Denver	$1,775
Arvada	$1,736
Thornton	$1,511

Best for local agents

4.1

State Farm Review Get a personalized quote

Avg. premium for $300K dwelling

$262/mo

Avg. premium for $300K dwelling

$3,142/yr

Customer satisfaction

657/1,000

Why State Farm made our list: In addition to being the nearly 100 cities in Colorado. However, State Farm’s average premiums tend to be higher than other companies, and it doesn’t advertise as many discount opportunities as some competitors.

Who State Farm may be good for: If personalized customer service is more important to you than saving money, you might consider asking State Farm for a quote.
Pros
Strong digital tools and many local agents available in Colorado

Scored above segment average in the J.D. Power 2023 U.S. Home Insurance Study
Cons
Premium may be higher than other companies

Few discount opportunities
As the largest writer of personal policies in the U.S., State Farm offers a range of standard and optional policy types for homeowners. Here are a few of the additional coverages that are available:
- Flood insurance: State Farm sells policies through the National Flood Insurance Program (NFIP), which is responsible for most flood insurance in the U.S.
- Identity restoration coverage: Provides up to $50,000 for expenses incurred in restoring your identity after a theft, including lost wages and legal fees.
- Boat insurance: Boat insurance can protect your watercraft from damage and loss caused by sinking, fire, theft and other perils common to boats.
- Manufactured home insurance: If you live either year-round or seasonally in a manufactured home or trailer, State Farm offers dwelling coverage, liability and more.

Compare rates by city


Colorado Springs	$3,219
Aurora	$3,536
Denver	$3,292
Arvada	$3,156
Thornton	$3,242

Best for customizable coverage

4.0

American Family Review Get a personalized quote

Avg. premium for $300K dwelling

$303/mo

Avg. premium for $300K dwelling

$3,631/yr

Customer satisfaction

643/1,000

Why American Family made our list: American Family, also known as AmFam, is a smaller carrier with a long list of potential endorsements. Policyholders may be able to choose from numerous coverage options like hidden water damage protection, equipment breakdown coverage and matching siding protection. Discounts may also be available for customer loyalty, renovated homes and having a parent who is also an AmFam policyholder. However, AmFam’s digital tools are not as robust as some larger carriers.

Who American Family may be good for: American Family may be a good choice if your parents are already AmFam policyholders and you value in-person and over-the-phone service over digital tools.
Pros
Long list of available endorsements

24/7 claims and policy support
Cons
Digital tools may not be as robust as those of other companies

Average rates are higher than the Colorado state average
American Family has an extensive list of endorsements to provide additional coverage for your home, property and personal belongings. Here are some of them:
- Equipment breakdown: Covers your appliances, home systems and smart home devices from a sudden mechanical, electrical or pressure systems breakdown.
- Inland flood coverage: Helps financially protect you from flash floods, even if you are not in a high-risk flood zone.
- Hidden water damage: Provides expanded coverage for leaks that aren't visible within walls, floors or elsewhere in your home.
- Matching undamaged siding: A basic policy would cover replacing damaged siding, but this expanded coverage will allow you to replace the undamaged siding as well for a perfect color match.
- Service line: Helps pay for repairing or replacing damaged service lines including underground piping or wiring.
- Vacant home: Coverage for your unoccupied home for term lengths of three, six and 12 months.
- Identity protection: Reimburses you up to $25,000 for expenses and lost wages associated with identity theft.
- Senior living coverage: Covers the personal property owned by or in the care of a loved one living in a senior living facility.

Compare rates by city


Colorado Springs	$4,208
Aurora	$4,197
Denver	$3,796
Arvada	$3,356
Thornton	$4,094

Best for public safety-focused coverage

California Casualty Review Get a personalized quote

Avg. premium for $300K dwelling

$288/mo

Avg. premium for $300K dwelling

$3,457/yr

Customer satisfaction

Not rated

Why California Casualty made our list: California Casualty caters to homeowners in fields of public safety and education, including firefighters, nurses and teachers. Despite its name, California Casualty writes home insurance policies in most states with coverage options and discounts tailored toward its specific customer base. Potential endorsements include off-duty weapons theft coverage, personal property used in teaching coverage and school violence death survivor benefits. However, California Casualty received the lowest financial strength rating of all companies on this list from AM Best — B (Fair) — and its customer satisfaction was not scored by J.D. Power.

Who California Casualty may be good for: This regional carrier may be worth looking at if you are in one of the professions that it services, such as teachers, public safety officers and health care providers.
Pros
Coverage add-ons tailored for those working in public safety and education

NFIP flood policies available
Cons
Not rated by J.D. Power

Lower AM Best financial strength rating compared to some competitors
California Casualty offers endorsements that are geared toward its target demographic (those in public safety and education), as well as more standard add-ons like those offered by other companies. Here is a sampling of their options:
- Earthquake insurance: Earthquakes are not covered in most basic home insurance policies, so this added coverage can provide financial protection if you live in an area that sees frequent tremors.
- Scheduled personal property: This coverage offers more robust financial protection for valuable items like artwork or expensive jewelry.
- Computer special coverage: Covers expensive hardware and software.
- Home day care: If you run a facility for small children out of your home, this coverage may be essential.
- Off-duty weapons theft coverage: Provides up to $5,000 for the protection of your personally owned weapons.
- School violence death survivor benefit: This is available in some states for educators.

Additional Colorado home insurance companies to consider

State Auto

Homeowners who want to bundle home and auto policies

Homeowners who purchase insurance online from Liberty Mutual can potentially save up to 10 percent on their policy, per the insurer’s website. And you may be able to save up to $950 for bundling home and auto insurance together. Moreover, Liberty Mutual offers discounts to those who qualify for getting a quote before their current policy expires, purchasing a new home, remaining claims-free for 5 years, installing a new roof and several other scenarios.

Encompass

Homeowners who want to customize their home insurance

Encompass offers a pre-packaged home, car and possessions policy called EncompassOne, as well as standalone home policies in three tiers: Elite, Deluxe or Special. Each tier has unique policy features, coverage limits and discount opportunities. Customizable options include water backup protection, mortgage rate protection (if your mortgage is affected due to a covered total loss) and computer and data recovery coverage. Encompass also allows you to customize your home policy with add-ons like enhanced replacement cost coverage, which will pay to rebuild your home after a covered loss.

How Bankrate chose the best home insurance companies in Colorado

To narrow down our list of top home carriers in Colorado, we assigned each company a Bankrate Score. This score takes into account average rates, coverage options, discount availability, customer service, financial strength and more to create a holistic comparison metric. The better a company performed in each of these categories, the higher its overall Bankrate Score for a maximum score of 5 out of 5. As you read through our picks for the best home insurance companies in Colorado, we hope these Bankrate Scores will allow you to easily compare companies based on the factors that matter most to you.

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Cheapest home insurance companies in Colorado

When looking for cheap home insurance companies in Colorado, it can pay off to start with insurers that have a reputation for writing affordable policies in general. Bankrate used data from Quadrant Information Services to determine average rates for the companies that serve the Centennial State. Our top choices may be able to give you the best possible rates here.


Allstate	$137	$1,645	-1767
USAA	$167	$2,010	-1402
Auto-Owners	$206	$2,468	-944
State Farm	$262	$3,142	-270
California Casualty	$288	$3,457	45

How to get cheap Colorado home insurance

Although home insurance is not required by law in Colorado, most insurance experts recommend having a policy in place to protect you financially from covered perils. Fortunately, a few strategies may help you find the coverage you need at a price you can afford.

Work on your credit: Home insurance companies in Colorado can consider your credit history when determining your premium. Improving your credit may help you save.
Maintain your roof: Many insurers reward new or updated roofs with lower rates. Some carriers even have specific roof-related discounts.
Avoid unnecessary claims: Filing a home insurance claim will likely increase your rates when your policy renews. Avoiding claims for small repairs that you can afford to fix out of pocket may keep your rates lower over time.

Best home insurance discounts in Colorado

Another way to potentially save money on your policy is to take advantage of any discounts you are eligible for. Most insurance carriers offer at least a few discounts. Here are a few that are commonly seen with many carriers:

How much is home insurance in Colorado?

The average cost of Colorado homeowners insurance is $3,412 per year for a dwelling coverage limit of $300,000. That is significantly higher than the national average cost of home insurance, which is $2,408 per year. Colorado’s average cost of home insurance is higher than the neighboring states of Utah and Wyoming, where homeowners pay an average of $1,283 and $1,306 per year, respectively, for the same dwelling coverage. It’s likely that Colorado’s volatile weather conditions, including heavy snow and hailstorms, are partially responsible for the state’s higher premiums.

Colorado homeowners insurance rates by city

Even within the same state, home insurance rates can vary depending on where you live. This is true for Colorado, since it is a large state that encompasses a range of weather patterns.

City	Avg. annual premium	Percent difference
Grand Junction	$1,685	51% below state average
Fruita	$1,696	50% below state average
Clifton	$1,710	50% below state average
Whitewater	$1,722	50% below state average
Palisade	$1,732	49% below state average

City	Avg. annual premium	Percent difference
Ovid	$4,666	37% above state average
Lamar	$4,656	36% above state average
Burlington	$4,649	36% above state average
Fleming	$4,642	36% above state average
Julesburg	$4,629	36% above state average

*Rates are for $300,000 in dwelling coverage.

What does home insurance cover in Colorado?

The most common type of Colorado homeowners insurance is called an HO-3 policy. This type of insurance protects your property and belongings, though it covers each in a slightly different manner. Your home and other structures are covered for "open perils," which means any disaster that is not excluded by your policy. Your belongings are covered on a "named peril" basis, meaning that they are covered from damage from a specific list of perils. Knowing what is and isn't covered is important so that you can add additional coverage options if needed. Here are some of the potential perils your policy protects you from:

Hail damage: Colorado is prone to severe hailstorms, especially in the spring and summer months. Hail can cause extensive damage to roofs, siding, windows and vehicles, resulting in a high number of claims.
Wildfire damage: Several areas of Colorado are at risk of wildfires due to the state's arid climate and abundant forests. Wildfires can result in devastating damage to homes, leading to claims for property loss and damage.
Wind damage: Strong winds, often associated with severe storms, can cause damage to roofs, fences and other structures. Wind-related claims are relatively common in Colorado.
Water damage: Water damage claims can result from various causes, such as burst pipes due to freezing temperatures, plumbing leaks or flooding, particularly in flood-prone areas.

Additional home insurance coverage types in Colorado

Home insurance policies typically include a long list of covered perils, but some causes of damage may not be covered. To better protect your financial investment in your Colorado home, it may be worth considering adding coverage that extends past your standard policy. Some of your options may include:

Flood insurance: Flood coverage is not included in a standard home insurance policy. You may be able to purchase coverage through a private insurer or the National Flood Insurance Program (NFIP).
Mine subsidence coverage: Mine subsidence is ground movement caused by the collapse or shift of underground mines. Some areas of Colorado are vulnerable to subsidence, but this is not covered under a standard home insurance policy. There may be public maps available to indicate if your home is in a subsidence area.
Water backup coverage: Sewer and sump pump backups are not covered by a standard home policy. This endorsement may cover the cost of repairing the sewer line and addressing any water damage from the backup.

Frequently asked questions

According to Bankrate’s research, some of the cheapest home insurance companies in Colorado include Allstate, USAA and Auto-Owners. However, the company able to offer you the lowest rate will depend on a number of factors, including the value of your home, the area in which you live, your claims history, your credit-based insurance score, the coverage types and deductibles you choose and the discounts for which you qualify. The best way to find cheap coverage is to compare personalized quotes from various carriers.
Most insurance companies allow you to begin the process of getting a quote online. If you have a unique property or special coverage needs, it may be a good idea to discuss your questions with a licensed insurance agent. Once you have found a carrier that provides the coverage options you need at a price you can afford, you can purchase a policy.
Standard homeowners insurance policies typically do not cover floods. You will want to consider purchasing a separate flood insurance policy through the National Flood Insurance Program (NFIP) or through a private carrier. If you live in a designated flood zone, your lender may require flood insurance as a condition of borrowing a mortgage loan.

Bankrate utilizes Quadrant Information Services to analyze September 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates for our base profile are based on the following characteristics and coverage levels:

40 year old

Married male and female homeowners

2017 build year

Primary home

Good credit score

Clean claim history

Dwelling coverage

$300,000

Other structures coverage

$30,000

Personal property coverage

$150,000

Loss of use coverage

$60,000

Liability coverage

$500,000

Medical payment coverage

$1,000

The homeowners also have a $1,000 deductible, a $500 hail deductible and a 2 percent hurricane deductible (or the next closest deductible amounts that are available) where separate deductibles apply.

These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Bankrate Scores

Our Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.

Overall Score

Cost & ratings 50%
Coverage & savings 30%
Support 20%

Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from NAIC, were analyzed.
Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
Tier 3 (Support): To encompass the many ways a home insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.

Tier scores are unweighted to show the company's true score in each category out of a possible five points.

Best homeowners insurance in Colorado for 2025

Compare the best homeowners insurance companies in Colorado

The top 5 home insurance companies in Colorado

Best for military-focused coverage

Overview

Pros and cons

Additional coverage

Compare rates by city

Best for discounts

Overview

Pros and cons

Additional coverage

Compare rates by city

Best for local agents

Overview

Pros and cons

Additional coverage

Compare rates by city

Best for customizable coverage

Overview

Pros and cons

Additional coverage

Compare rates by city

Best for public safety-focused coverage

Overview

Pros and cons

Additional coverage

Additional Colorado home insurance companies to consider

State Auto

Encompass

How Bankrate chose the best home insurance companies in Colorado

Compare home insurance rates

Cheapest home insurance companies in Colorado

How to get cheap Colorado home insurance

Best home insurance discounts in Colorado

How to save on home insurance policy renewals in Colorado

How much is home insurance in Colorado?

Colorado homeowners insurance rates by city

What does home insurance cover in Colorado?

Additional home insurance coverage types in Colorado

Related content:

Colorado housing market: everything you need to know Previously Read

Best places to live in Colorado Previously Read

Buying a house in Colorado Previously Read

Common Colorado home insurance problems

Frequently asked questions

What is the cheapest homeowners insurance company in Colorado?

How do I get homeowners insurance in Colorado?

Does flood insurance come with my homeowners insurance policy?

Methodology