Getting Homeowners Insurance in Colorado
Having good home insurance coverage can make all the difference for homeowners in the Centennial State. Living in Colorado, you can find yourself facing several challenges, including:
- Wind and hail
- Wildfires
- Theft
These challenges make it important to get the best homeowners insurance in Colorado. The Hartford is here to make sure you have the peace of mind you need, no matter where you live in CO. So, whether it’s Denver, Colorado Springs, Aurora, Fort Collins or any city in Colorado,
homeowners insurance coverages through the AARP
® Homeowners Insurance Program from The Hartford
1 can help protect your home from significant financial loss.
What Is the Average Cost of Homeowners Insurance in Colorado?
The average cost of a homeowners insurance policy in Colorado is $2,152 per year. This is higher than the national average of $1,428.2
There are many different factors that can influence the homeowners insurance rates you pay in Colorado, including:
- Your home's total square footage. The larger your house, the higher the premiums will be.
- Your home’s location.
- The natural disasters that may occur. The likelihood of certain types of disasters, such as hail, snowstorms or wildfires can affect your cost.
- The building costs in your area. This includes your home's type of construction, materials and additional features.
Types of Colorado Homeowners Insurance
Unlike
auto insurance, homeowners insurance isn’t required by law in Colorado. However, mortgage lenders will likely require home insurance coverage before you can get a loan.
At The Hartford, we offer a wide range of home insurance coverage options in Colorado so you can find the homeowners policy that works for you and your home. Home insurance coverages available through the AARP Homeowners Insurance Program from The Hartford include:
Dwelling Coverage helps protect your home inside and out. This includes your house and structures that are directly attached to it, such as:
- Roofs
- Garages
- Staircases
- Walls
- Flooring
Other Structures Coverage helps cover additional detached structures located on your property. So, if your shed collapses from heavy snow, or a tree falls on your detached garage, this coverage can help cover the costs.
Personal Property Coverage helps protect your personal belongings from a covered loss. Typically, covered belongings include:
- Appliances
- Furniture
- Clothing
- Electronics
You can get additional coverage for valuable items, like collectibles and jewelry. Custom coverages are available in larger amounts to ensure you get the limit you’re comfortable with for your belongings.
Personal Liability Coverage helps provide for your legal defense against a liability claim. For example, if someone falls down your stairs and gets hurt, this coverage can help cover the costs associated with their medical bills.
More Colorado Homeowners Insurance Coverages:
Homeowners equipment breakdown coverage helps provide protection against mechanical or electrical breakdowns in your home. It can save you from paying for repairs out of pocket. This benefit even provides coverage if you want to make “green” upgrades. It pays up to 125% of your cost to replace any covered equipment with items that are similar, but more energy efficient or environmentally friendly. However, normal wear and tear is excluded from coverage.
Loss of Use Coverage helps cover your additional living expenses, up to policy limits, if you can’t live in your home while it’s being repaired. Typical costs covered include:
- Hotel fees
- Parking fees
- Pet boarding
Additional Limits Coverage helps pay to rebuild your home after a covered total loss, even if it costs up to 125% of your coverage limits.
Medical Payments Coverage helps protect you if someone is injured on your CO property. For example, if someone slips and sprains their ankle on your property, this coverage can help with the cost of their medical bills, up to policy limits, whether you’re legally responsible or not.
3
- Furs
- Jewelry
- Collectibles
- Silverware
The Hartford’s Valuable Items Blanket Coverage can increase your coverage limits to $10,000 per item. In addition to extra coverage, you won’t have to pay a deductible if you have a covered loss. If you need to insure items over $10,000, other endorsements can allow you to schedule your items, so they can be fully covered.
You can also include a
Disappearing Property Deductible‡‡ as an added benefit. This lowers your deductible each year if you go three consecutive years with a clean claims history.
Rental Property Protection Plus covers any rental units you own as a landlord. This helps protect the home and other structures on the property against wind and water damage. It can also help cover replacement costs of your rental unit, detached structures and more.
Colorado Home Insurance Discounts
Bundled Insurance Discount
If you already have a car insurance policy with The Hartford, bundling it with your homeowners insurance can help you qualify for discounts. When you
bundle insurance, you’ll get up to 5% off your
car insurance and up to 20% off your home insurance.
5
Home Security Discount
Get the coverage your home needs with a homeowners insurance plan from The Hartford. Call our specialists at
800-624-5578 to get your quote today.
Last Updated: July 12, 2023
2 Bankrate, “Average homeowners insurance cost in July 2023”
3 Medical payments are calculated on the basis of usual, customary and reasonable charges.
4 Automobile/Homeowners discount is available only to policyholders who have both their auto and home (or condo or renters) insurance through the AARP® Auto & Home Insurance Programs from The Hartford. The homeowners product is not available in all areas, including the state of Florida.