Bayfield Insurance Rates:

Bayfield, CO home insurance is approximately $765 to $1,045, about $63-$87/month. Our all inclusive research shows customers can save as much as $362 by getting many quotes

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Read Bayfield, Colorado Homeowners Insurance reviews & compare quotes to find the most reliable & cheapest quotes.

Bayfield Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $460/6 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $175,000

3 Beds, 3 Baths 1390 sqft Vacation Property Constructed In 2012 with Wood Flooring, Slate Shingles Roof, Crawl Space Foundation, Stone Siding, Wood Frame. Home Features Include Fire Extinguisher, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

51 Years old Single Male who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $2690/12 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $465,000

5 Beds, 5 Baths 3640 sqft Seasonal Residence Constructed In 2014 with Hardwood Flooring, Wood Shake Roof, Slab Foundation, Wood siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Smoke Alarm, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

70 Years old Divorced Female who is a Freelancer with household income of $100-$150,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $1260/12 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $400,000

4 Beds, 4 Baths 2990 sqft Vacation Property Constructed In 1980 with Carpet over wood flooring, Wood Shake Roof, Chainwall Foundation, Brick siding, Metal Frame Construction. Home Features Include Smoke Alarm, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

25 Years old Divorced Male who has a Full Time Job with household income of $75-$100,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $880/7 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $410,000

4 Beds, 4 Baths 2560 sqft Rental Property Constructed In 1996 with Linoleum, Membrane Roof, Piers Foundation, Wood siding, Stucco Construction. Home Features Include Indoor Sprinklers, Deadbolt Locks, Fire Extinguisher, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

56 Years old Divorced Female who is a Freelancer with household income of $50-$75,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $310/3 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $370,000

3 Beds, 3 Bath 2340 sqft Primary Residence Constructed In 2009 with Hardwood Flooring, Tile Roof, Piers Foundation, Stone Siding, Metal Frame Construction. Home Features Include Smoke Alarm, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

71 Years old Divorced Female who is Retired with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1050/10 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $325,000

3 Beds, 3 Baths 1910 sqft Vacation Property Constructed In 2006 with Stone Flooring, Composition Roof, Piers Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Fireplace, Deadbolt Locks, Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

45 Years old Divorced Female who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $560/4 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $410,000

5 Beds, 5 Baths 2800 sqft Seasonal Residence Constructed In 1998 with Ceramic Tile Flooring, Metal Roof, Piers Foundation, Stone Siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

62 Years old Divorced Female who has a Part Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $940/4 months for $800000-$900000 Coverage
Policy Holder Home Details :

Home Value : $730,000

5 Beds, 5 Baths 4760 sqft Vacation Property Constructed In 2007 with Stone Flooring, Tile Roof, Piers Foundation, Stucco siding, Brick Frame. Home Features Include Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

26 Years old Married Male who is a Freelancer with household income of $75-$100,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Bayfield, CO Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
81122 $283,400 $900

Bayfield Rates & Quotes Analysis:

Bayfield Area Estimated House Insurance
Hope Ln, Spur Ln, Forest Lakes Rd, Pine Tree Dr, Faith Ln, Little Valley Rd, Meadow Ln, S West St, Ocala Dr, E North St$907
Wasinger Dr, E Columbine Dr, McCoy Ln, Fantango Rd, Rustic Rd, Co Rd 223, Wild Turkey Ln, Cr 26, Spruce Ct, Charity Pl$902
N Mountain View Dr, W Vallecito Creek Rd, Shady Ln, Antelope Run, Co Rd 225, Spruce Way, Saguaro St, Pineway Dr, Bellflower Rd, Mustang Dr$902
Shadow Dr, Co Rd 245, Co Rd 505, Deer Ridge Dr, N Wilmer Dr, Elk Valley Rd, N Juniper St, Pine Top Dr, Cherry Valley Rd, Co Rd 504$900
Tradewinds Ln, Via Oeste Rd, Badger Rd, Rain Drop Dr, Verde Ln, Via Vista Cir, Buena Vista Trl, E Cedar Dr, Angels Dr, E Colorado Dr$909

Insurance rates are influenced by a number of factors including:

  • Year Built: 791 Homes (17% of total homes ) built between 1970 to 1979 in Bayfield are paying home insurance between $1,467-$1,481. Places close to Bayfield, CO such as Durango, La Plata County, Ophir are more expensive by $38, $20, $99 respectively while San Juan County and Arboles are cheaper by $29 and $21 respectively for similar homes.
  • Bedrooms: 653 4 bedrooms homes (14% of total homes ) in Bayfield are paying about $770 and varies from Durango (+$19), La Plata County (+$10), Ophir (+$52), San Juan County (-$16) and Arboles (-$11).
  • Auto Insurance Bundling: 934 Households (33% of all households) in Bayfield have 3 or more vehicles available and when it is bundled with home insurance you can save $226 compared to Durango ($232), San Juan County ($221), Silverton ($221).
  • Senior Discounts: 1,328 seniors (more than 55 years) occupied housing units (48% of total) in Bayfield get discounts between $135 to $138. The comparative concessions in proximate regions such as Durango, San Juan County and La Plata County are $139, $133 and $137 respectively.
  • New Homes discounts: New homes such as the 2,400 homes built between 2000 to 2009 in Bayfield can save $181 compared to Durango ($185), San Juan County ($177), Silverton ($177).

Bayfield Homeowners insurance Facts

  • Bayfield, CO has 2,761 owner occupied houses which is 82.4% of all units whereas Durango, San Juan County and Silverton have 62.21%, 54.23% and 54.23% respectively.
  • Bayfield, CO homeowners yearly insurance price at $905 is 0.3% of the typical house value of $299,200 which is in contrast with 0.25% in Durango, 0.36% at San Juan County & 0.36% in Silverton.
  • Homeowners in Bayfield, CO pay 1.65% of their income ($50,000 to $59,999) in insurance whereas homeowners in Durango, San Juan County and Silverton pay 1.69%, 1.61% and 1.61% respectively.
  • Bayfield, CO’s insurance is 4.7% of monthly housing costs of $1,621/month, for owners with a mortgage compared to 4.51% in Durango, 6.41% at San Juan County & 6.41% in Silverton. But, for households without a mortgage, insurance is 17.8% of costs ($425 in Bayfield, CO) in contrast with 19.78% in Durango, 18.12% at San Juan County & 18.12% in Silverton.

Bayfield, CO Home Values & Insurance rates

For example, insurance for 186 Homes (8.0% of total homes ) valued between $175,000 to $199,999 in Bayfield, CO is about $561. Rates in nearby areas in such as Durango, La Plata County, Durango Southwest are cheaper by $97, $57, $41 respectively while San Juan County and Silverton are costlier by $113 and $113 respectively for similar homes.

Bayfield, CO Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 172 8.0% $72
$100,000 to $124,999 57 2.0% $325
$125,000 to $149,999 24 1.0% $407
$150,000 to $174,999 76 3.0% $488
$175,000 to $199,999 186 8.0% $561
$200,000 to $249,999 200 9.0% $678
$250,000 to $299,999 633 30.0% $832
$300,000 to $399,999 701 33.0% $1049

Renters Insurance in Bayfield

  • Average Renters Insurance in Bayfield :  $154($12/month)

  • Median Gross Rent in Bayfield :  $1,053

  • Bayfield Renters Insurance to Median Rent Ratio:  1.14%

  • Average household size of renter-occupied unit :  2.47

Bayfield Renters Insurance as a Percentage of Rent

Bayfield Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 10 1.0% $788
$500 to $749 169 32.0% $1913
$750 to $999 55 10.0% $2663
$1,000 to $1,499 188 36.0% $3788
$1,500 or more 100 19.0% $5438

Rent Affordability in Bayfield:

Approximately 44.0% (263) of households are spending more than 35% of their income on gross rent in Bayfield

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 14 2.0%
15.0 to 19.9 percent 148 25.0%
20.0 to 24.9 percent 60 10.0%
25.0 to 29.9 percent 44 7.0%
30.0 to 34.9 percent 59 10.0%
35.0 percent or more 263 44.0%

Protective device discount in Bayfield Up to :  $23

Claims-free discount in Bayfield Up to :  $30