Centennial ,CO Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Centennial, CO homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Centennial, CO is $2065. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Centennial, CO. VHome Insurance will help you navigate the world of homeowners insurance coverages in Centennial, CO.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $826 |
| $200,000 | $1,404 |
| $300,000 | $1,735 |
| $400,000 | $2,643 |
| $500,000 | $3,325 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Centennial, CO, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,117 |
| $1000 Deductible | $1,894 |
| $1500 Deductible | $1,786 |
| $2500 Deductible | $1,611 |
| $5000 Deductible | $1,363 |
| Home Insurance Company Near Centennial, CO | Homeowners Insurance Agency Near Centennial, CO | Address |
|---|---|---|
| NA | Colorado Springs Insurance Inc | 5350 N Academy Blvd Colorado Springs, Colorado Springs, CO, 80918 |
| State Farm | Christopher Sena | 9981 Washington St Ste 23, Thornton, CO, 80229-2165 |
| Travelers | Premier Group Insurance | 19751 E MAIN ST STE 380, PARKER, CO, 80138 |
| Travelers | Scott Anderson Agency Llc | 4291 AUSTIN BLUFF PKWY 207, COLORADO SPRINGS, CO, 80918 |
| Travelers | The Insurance Place Inc | 3110 S Wadsworth Blvd Suite 202, Lakewood, CO, 80227 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Inverness CDP, Colorado | $139 | $185 | $278 |
| Cherry Creek CDP, Colorado | $141 | $188 | $282 |
| Dove Valley CDP, Colorado | $130 | $173 | $260 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Centennial, CO | 4.0% | 14.9% |
| Inverness | 3.35% | 10.66% |
| Cherry Creek | 3.49% | 14.34% |
| Dove Valley | 4.46% | 18.55% |
| Centennial Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $500 to $749 | 279 | 5.0% | $1914 |
| $750 to $999 | 933 | 16.0% | $2664 |
| $1,000 to $1,499 | 2,310 | 41.0% | $3789 |
| $1,500 or more | 1,956 | 35.0% | $5439 |
| Streets in Centennial Area | Homeowners Insurance Cost |
|---|---|
| S Revere Pkwy, S Bridger Ct, S Nepal Way, S Wheeling Ct, E Jamison Dr, E Dorado Ct, S Iola St, S Vine Cir E, E Tanforan Pl, S Sherman Way | $878 |
| E Caley Cir, E Nichols Cir, E Irish Dr, E Portland Pl, S Helena Ct, S Racine Cir, S Pemberton Dr, S Buckley Way, E Caley Ln, S Adams Way | $915 |
| S Marion Way, S Pontiac Ct, E Easter Cir N, E Appleton Cir, E Tufts Pl, S University Way, E Mineral Dr, S Blackhawk Ct, S Williams Cir, S Elizabeth Way | $858 |
| S Oneida Way, S Ivy Way, S Bellaire Ct, E Mineral Cir, E Cresthill Ave, E Easter Way, S Poplar St, Crabtree Dr, Inverness Main St, S Harrison Ct | $870 |
| E Weaver Ln, S Quatar Way, Broncos Pkwy, E Prentice Ln, S Monaco St, S Clinton Ct, E Panorama Dr, S Adams Way, S Elizabeth Way, E Weaver Ln | $944 |
| S Orleans St, S Garfield St, E Heritage Pl N, E Weaver Cir, S Detroit St, S Madison Way, S Poplar Ln, E Nichols Dr, E Old Orchard Rd, S Gaylord St | $907 |
| S Olathe Cir, Willamette Ln, E Costilla Way, S Kirk Way, Green Oaks Ln, S Ivanhoe Ct, Chestnut Trl, Orchard Ln, E Costilla Blvd, S Locust Pl | $1,054 |
| S Birch Ct, S Dallas St, E Progress Way, Green Oaks Dr, Long Dr, S Dahlia Ct, E Fremont Cir N, S Ash Cir, S Jasmine Ct, S Niagara Way | $None |
| S Shalom Park Cir, E Otero Ln, E Briarwood Cir S, S Riviera St, S Niagara Ct, S Chester Way, Bellaire Cir, S Harrison Ct, E Geddes Ln, S Hudson Ln | $940 |
| S Garfield Dr, E Hialeah Ave, Ash St, S Alexander Ct, S Pitken Way, S Netherland St, E Green Oaks Ln, E Phillips Dr N, S Cook St, S Wenatchee Way | $None |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Centennial | $135 to $137 |
| Inverness | $139 |
| Cherry Creek | $141 |
| Dove Valley | $130 |
| Structure Type | Deductible | Company | Premium |
|---|---|---|---|
| Frame | $500 | Auto-Owners Insurance Company | $2,438 |
| Masonry | $500 | Grange Insurance Association | $927 |
| Masonry | $500 | Metropolitan Direct Property And Casualty Insurance Company | $1,972 |
| Masonry | $500 | Nationwide Insurance Company Of America | $1,162 |
| Masonry | $500 | Secura Supreme Ins Co | $1,360 |
| Frame | $500 | Stillwater Property And Casualty Insurance Co | $1,303 |
| Frame | $500 | The Travelers Home And Marine Insurance Company | $1,601 |
| Masonry | $500 | Unitrin Direct Property & Casualty Company | $1,774 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $900 | $4,900 |
| Yearly Centennial Homeowner Insurance Premium Example | $3,300 | $2,500 |
| Out of Pocket Expense During Claim | $900 | $4,900 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $20,700 | $19,900 |
| Net Savings to Centennial Home Owner from High Deductible Plan | $800 | |
| Scenario | Centennial, CO Home Replacement Value MORE than Home Value | Centennial, CO Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $396,500 | $304,500 |
| Insurance Premium based on Replacement Value | $1,575 | $1,225 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $37,500 | Risk Exposure from Under Insuring Coverage is $54,500 |
| Premium Impact | Insurance cheaper by $200/year | Insurance costlier by $150/year |
| Insurance Company | GEICO Insurance | Allstate | Chubb Group of Insurance |
| Monthly Premium | 69 | 125 | 202 |
| Year Built | 1972 | 2005 | 1997 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 5 Beds, 4 Baths |
| Coverage Amount | $175000-$200000 | $500000-$600000 | $400000-$500000 |
| Deductible | $1000-$2500 Deductible | $5000 to $10,000 Deductible | $500 Deductible |