Are you looking for home insurance in Greeley, CO? You've come to the right place! Based on the VHome research, Greeley, CO, the average cost of homeowners insurance is $1229. The home insurance Greeley, CO, may vary according to certain factors like coverage type, deductible, house age, claims history, area of residence, and the material used to build your home. Therefore, it is of supreme importance to know their home insurance needs before proceeding.
Cost of insurance based on the coverage level in Greeley, CO
Home insurance ensures that you can relax and enjoy your life in your house without any worries. If any damage occurs to your home due to unfortunate incidents, the insurer will cover the loss. It also covers damages in natural calamities such as floods and earthquakes.
Greeley, CO, homeowners paying a coverage of $100K can avail of home insurance for $504. Typically homeowners choose to pay coverage of $200K to $300K, which comes to $1210 and $2540, respectively.
Cost of insurance based on the deductibles in Greeley, CO
When you're shopping for homeowners insurance in Greeley, CO, one of the elements people often look at is the deductible. The higher the deductible, the lower your risk and, therefore, your premium. A deductible is an amount for which the insured must be responsible before the insurance company pays a claim.
In Greeley, CO, homeowners paying a deductible of 1500 and 2000 pay a premium of $1034.08 and $938.71. In contrast, homeowners paying a deductible of 500 and 1000 pay $1214.25 and $1098.48, respectively. Therefore, the higher the deductible, the lower the premium.
Cost of insurance based on the materials used in Greeley, CO
Home insurance Greeley, CO, is affordable for homeowners when you use top-quality materials during building. Adding upgrades such as impact-resistant roofing, storm shutters, and fire-resistive brick can lower your home insurance in Greeley, CO. Homeowners in Greeley who used masonry and fire-resistive brick to build their homes pay $1167.55 and $1056.94, respectively, on homeowners insurance in Greeley, CO.