Colorado Springs Insurance Rates:

Colorado Springs, CO home insurance is nearly $747 to $1,009, about $62-$84/month. Our all inclusive guide shows customers can save as much as $351 by comparing many quotes

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

Colorado Springs Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $1240/12 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $245,000

4 Beds, 4 Baths 2350 sqft Rental Property Constructed In 2003 with Stone Flooring, Metal Roof, Crawl Space Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

69 Years old Single Female who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $300/2 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $345,000

5 Beds, 5 Bath 2530 sqft Seasonal Residence Constructed In 1971 with Wood Flooring, Membrane Roof, Chainwall Foundation, Fiber-Cement Siding, Brick Frame. Home Features Include Swimming Pool, Central Air Conditioning, Smoke Alarm, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

60 Years old Single Female who is Retired and has 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $170/3 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $180,000

2 Beds, 2 Bath 1400 sqft Primary Residence Constructed In 1970 with Carpet over wood flooring, Wood Shake Roof, Slab Foundation, Stucco siding, Stucco Construction. Home Features Include Fire Extinguisher, Smoke Alarm, Fireplace, Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

59 Years old Single Female who has a Part Time Job with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $270/1 month for $500,000-$600,000 Coverage
Policy Holder Home Details :

Home Value : $440,000

5 Beds, 5 Baths 3459 sqft Primary Residence Constructed In 1967 with Stone Flooring, Composition Roof, Piers Foundation, Wood siding, Stucco Construction. Home Features Include Indoor Sprinklers, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

32 Years old Divorced Female who has a Full Time Job with household income of less than $25,000 and has More than 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

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Colorado Springs Rates & Quotes Analysis:

Colorado Springs Area Estimated House Insurance
Canonwood Rd, Soaring Eagle Dr, Tin Cup Ct, Aerotech Dr, W Moreno Ave, Silver Ponds Hts, Rebecca Ln, Pine Ave, Kittyhawk Rd, Saranac Dr$859
Classic Ct, Carved Ter, Sunset Rd, Rugely Ct, Cornerstone Dr, S Limit St, Hatch Cir, Rushford Pl, Secret Glen Grove, Payne Cir E$884
Stinson Dr, N Logging Rd, Kaiblo Trl, Whispering Ct, Oslo Ct, Vista Oaks Dr, Cabin Creek Dr, Cheyenne Blvd, E Espanola St, Bohleen Rd$885
Glen Rose Cir, Summit Ridge, Escapardo Ct, Cenotaph Way, Hawk Meadow Dr, Hercules Ct, Loyola Dr, Grosbeak Pt, Preserve Dr, Rally Ct$893
Sheiks Pl, Cortina Pl, Ridge Brook Ln, Newton Dr, Wood Lily Dr, Red Mesa Dr, Anitra Cir, Fountain Pl, Springs Ranch Dr, Ruskin Pl S$869
Loop Ln, Banberry Dr, Longs Peak Trl, Carnavon Pl, Fuller Rd, S Logan Ave, Crosslen Ln, Toscana Hts, Argus Blvd, Haven Ln$944
Spurlock Pl, S 22nd St, Robinson St, S 13th St, Milano Pt, Penobscot Ct, Range Creek Dr, N Limit St, Russett Oak Ct, Chickweed Dr$877
Picket Pl, Moccasin Pass Ct, Circle Rd, del Paz Dr, Irvington Ct, Villa Loma Dr, Colorado Tech Dr, Wildwood Dr, Farnham Royal Ct, Jay Hawk Ave$869
W Buena Ventura St, Grandview Pl, Crescent Ln, Little Nell Ct, Littlefork Ln, Mountain Pass Vw, Burns Rd, California Dr, Dancing Wolf Way, Pyramid Mountain Rd$918
Descanso Cir W, Nadine Dr, Greensboro S, Cherry Oak Dr, Leeside Vw, Valencia Cir, Cadillac Ave, Latrobe Ct, Loomis Ave, Tibbs Rd$876

Insurance rates are influenced by a number of factors including:

  • Year Built: 33,602 Homes (18% of total homes ) built between 1980 to 1989 in Colorado Springs are paying home insurance between $1,309-$1,323. Places close to Colorado Springs, CO such as Manitou Springs, Cheyenne Mountain, Pikes Peak are more expensive by $56, $101, $36 respectively while Cimarron Hills and Stratmoor are cheaper by $23 and $37 respectively for similar homes.
  • Bedrooms: 45,479 2 bedrooms homes (25% of total homes ) in Colorado Springs are paying about $360. Areas near to Colorado Springs such as Manitou Springs, Cheyenne Mountain, Pikes Peak are costlier by $16, $28, $10 respectively whereas Cimarron Hills and Stratmoor are more economical by $6, $10 respectively for similar homes.
  • Auto Insurance Bundling: 25,169 Households (25% of all households) in Colorado Springs have 3 or more vehicles available and when it is bundled with home insurance you can save $219 in contrast with Cimarron Hills ($215), Elsmere ($219), Stratmoor ($213).
  • Senior Discounts: 43,672 seniors (more than 55 years) occupied housing units (43% of total) in Colorado Springs get discounts between $131 to $133. The comparative concessions in proximate regions such as Cimarron Hills, Elsmere and Stratmoor are $129, $131 and $127 respectively.
  • New Homes discounts: New homes such as the 74,241 homes built between 2000 to 2009 in Colorado Springs can save $175 and varies from Cimarron Hills ($172), Elsmere ($175), Stratmoor ($170).

Colorado Springs Homeowners insurance Facts

  • Colorado Springs, CO has 99,246 owner occupied houses which is 59.8% of all units whereas Cimarron Hills, Elsmere and Stratmoor have 69.37%, 73.8% and 66.81% respectively.
  • Colorado Springs, CO homeowners yearly insurance price at $878 is 0.41% of the typical house value of $213,400 which is in contrast with 0.53% in Cimarron Hills, 0.41% at Elsmere & 0.62% in Stratmoor.
  • Homeowners in Colorado Springs, CO pay 2.34% of their income ($35,000 to $39,999) in insurance whereas homeowners in Cimarron Hills, Elsmere and Stratmoor pay 2.3%, 2.34% and 2.27% respectively.
  • Colorado Springs, CO’s insurance is 4.8% of monthly housing costs of $1,519/month, for owners with a mortgage compared to 5.3% in Cimarron Hills, 4.57% at Elsmere & 5.7% in Stratmoor. But, for households without a mortgage, insurance is 19.6% of costs ($373 in Colorado Springs, CO) in contrast with 19.63% in Cimarron Hills, 20.21% at Elsmere & 21.28% in Stratmoor.

Colorado Springs, CO Home Values & Insurance rates

For example, insurance for 13,217 Homes (15.0% of total homes ) valued between $150,000 to $174,999 in Colorado Springs, CO is about $667. Rates in nearby areas in such as Manitou Springs, Cheyenne Mountain, El Paso County are cheaper by $228, $308, $17 respectively while Cimarron Hills and Stratmoor are costlier by $186 and $339 respectively for similar homes.

Colorado Springs, CO Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 4,234 4.0% $96
$90,000 to $99,999 1,233 1.0% $386
$100,000 to $124,999 4,570 5.0% $447
$125,000 to $149,999 7,518 8.0% $561
$150,000 to $174,999 13,217 15.0% $667
$175,000 to $199,999 11,971 13.0% $763
$200,000 to $249,999 17,988 20.0% $921
$250,000 to $299,999 11,217 12.0% $1132
$300,000 to $399,999 13,699 15.0% $1439

Renters Insurance in Colorado Springs

  • Average Renters Insurance in Colorado Springs :  $203($16/month)

  • Median Gross Rent in Colorado Springs :  $842

  • Colorado Springs Renters Insurance to Median Rent Ratio:  1.9%

  • Renter occupied housing units in Colorado Springs :  66,646

Colorado Springs Renters Insurance as a Percentage of Rent

Colorado Springs Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 1,014 1.0% $800
$300 to $499 5,022 7.0% $1250
$500 to $749 19,429 29.0% $1925
$750 to $999 16,677 25.0% $2675
$1,000 to $1,499 16,582 25.0% $3800
$1,500 or more 5,741 8.0% $5450

Rent Affordability in Colorado Springs:

Approximately 42.0% (28,203) of households are spending more than 35% of their income on gross rent in Colorado Springs

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 6,749 10.0%
15.0 to 19.9 percent 8,901 13.0%
20.0 to 24.9 percent 8,899 13.0%
25.0 to 29.9 percent 7,880 11.0%
30.0 to 34.9 percent 6,014 9.0%
35.0 percent or more 28,203 42.0%

Protective device discount in Colorado Springs Up to :  $30

Claims-free discount in Colorado Springs Up to :  $40

Colorado Springs, CO Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
80908 $402,100 $940
80921 $378,600 $930
80919 $319,600 $930
80906 $309,200 $910
80920 $276,500 $910
80929 $275,000 $910
80930 $243,100 $890
80925 $222,900 $890
80922 $220,700 $890
80918 $216,700 $880
80904 $215,300 $880
80926 $200,000 $890
80917 $191,400 $870
80903 $187,300 $870
80907 $174,700 $870
80909 $167,900 $870
80905 $166,400 $870
80911 $166,200 $870
80915 $161,700 $870
80928 $148,500 $860
80916 $143,800 $860
80910 $139,500 $860