Lakewood, CO Home Insurance - Analysis On Quotes, Rates & Agents

Lakewood, CO Insurance Rates:

The average cost of home insurance in the U.S. is $1,438. But, the cost of home insurance in a specific region depends on various factors including Zip Code, age, and value of the house, construction time, etc. The average cost of insurance in Lakewood, CO is $1473 Enter your Zip Code in the banner below to get instant home insurance quotes. vHomeInsurance undertook a detailed analysis of the cost of insurance in Lakewood, CO.

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Average Home Insurance Premium in Lakewood, CO

National Average Premium State Average Premium Lakewood Average Premium
$1,438 $1,436 $1,473

Top Home Insurance Companies in Lakewood, CO | Back to Top

The following is a list of home insurance companies that provide the best home insurance quotes in Lakewood, CO

Company Name Coverage $70,000 Coverage $150,000 Coverage $200,000 Coverage $350,000
Nationwide $996 $1,195 $1,553 $2,143
Shelter $2,083 $2,500 $3,250 $4,485
Great Northern $1,525 $1,830 $2,378 $3,282
Owners Insurance Company $1,149 $1,378 $1,792 $2,473

Lakewood, CO Homeowners Insurance for Different Coverages | Back to Top

Coverage Type Home Insurance Cost($)
$100,000 To $124,999 459.63
$150,000 To $174,999 774.76
$175,000 To $199,999 828.66
$200,000 To $249,999 1,026.18
$250,000 To $299,999 1,493.81
$300,000 To $399,999 1,981.38
$400,000 To $499,999 2,420.08
$500,000 To $749,999 3,097.7
$750,000 To $999,999 3,581.71
$1000,000 To $1499,999 3,944.72
$1500,000 To $2000,000 4,235.13

Visual Guide for Lakewood, CO Home Insurance Buyers on Insurance Companies and Rates

Top Home Insurance Agents Near Lakewood, CO | Back to Top

Home Insurance Company Near Lakewood, CO Homeowners Insurance Agency Near Lakewood, CO Address
Farmers Melissa Cohen 3004 Folsom St, Boulder, CO, 80304
Liberty Mutual Independent School Ins Agency Llc 6767 S SPRUCE ST STE 145, CENTENNIAL, CO, 80112
Travelers Squires Insurance Services Llc 11471 DARK STAR WAY, PARKER, CO, 80138
Farmers Stacey Downen 6635 S Dayton St Ste 340, Greenwood Village, CO, 80111

List of Lakewood, CO Home Insurance Agents by Companies


Lakewood, CO Homeowners Insurance Rates Based on Claims Filed | Back to Top

Homeowners in Lakewood, CO who have no previous history of claims filed are eligible for a discount of $191.49. Homeowners in Lakewood, CO with one claim have to pay an additional home insurance rate of $103, while homeowners with 2 claims have to pay an additional $191 on their home insurance premium.

Type of Claim Homeowners Insurance Cost Increase/Decrease($) Homeowners Insurance Cost($)
No Claim Discount -191 1,282
One Claim +103 1,576
Two Claim +191 1,664


Lakewood, CO Homeowners Insurance by Zip Code | Back to Top

Zip Code Median Home Value($) Home Insurance Cost($)
80215 299,700 1,399
80228 269,700 1,385
80226 225,100 1,429
80232 216,500 1,399

Factors Affecting Home Insurance Premiums in Lakewood, CO

The average home insurance premium in Lakewood, CO is $1473. There are various factors in Lakewood, CO that affect home insurance premiums. vHome Insurance lists the factors that could help homeowners reduce their home insurance rates.

Lakewood, CO Home Insurance Premium Based on the Number of Bedrooms | Back to Top

Bedroom Size Average Homeowners Insurance Cost($)
2 Bedroom 609
3 Bedroom 1,675
4 Bedroom 1,751
5 Bedroom 3,425

Lakewood, CO Home Insurance Premiums for Different Deductibles | Back to Top

Lakewood, CO Homeowners who pay a deductible of $500 pay a higher amount for home insurance, while Lakewood, CO homeowners who pay a deductible as high as $2500 pay a lower amount on their home insurance rates, as seen in the table below.

Deductible Type Average Homeowners Insurance Cost($)
$500 Deductible 1,455
$1000 Deductible 1,317
$1500 Deductible 1,239
$2000 Deductible 1,125
$2500 Deductible 1,058

Lakewood, CO Homeowners Insurance Premium Based on the Age of the Home | Back to Top

Homeowners in Lakewood, CO pay a much lower home insurance rate if their homes are newly constructed. Homeowners with homes that are older than 50 years pay a much higher rate on their home insurance premium as seen in the table below.

Home Age Homeowners Insurance Cost($)
Newly Constructed Home 1,046
Year 30 Old 1,495
Year 40 Old 1,511
Year 50 Old 1,529
Above Year 50 1,544

Lakewood, CO Homeowners Insurance Cost Based on the Construction Type of the Home | Back to Top

Construction Type Home Insurance Cost Savings($) Home Insurance Cost($)
Fire Resistive 162 1,311
Masonry 74 1,399
Brick 74 1,399
Superior 133 1,340
Hail Resistant Roof 44 1,429

Top Saving Tips on Lakewood, CO Homeowners Insurance | Back to Top

Homes that are built using sturdy materials have less propensity to damage. Owing to this, Lakewood, CO homes built with sturdy materials earn discounts on homeowners insurance. Lakewood, CO homeowners who have clubbed their auto insurance policy with home insurance also receive discounts from home insurance companies. Apart from this, home insurers provide discounts to Lakewood, CO senior citizens. Lakewood, CO homes attract a considerable amount of discounts depending on the type of home safety devices installed in the household.

The tables below contain the complete list of discounts that Lakewood, CO homeowners can avail to increase their savings.

Lakewood, CO Auto & Homeowners Insurance Bundling Discounts and Senior Citizen Discounts

Discount Type Home Insurance Cost Savings($) Home Insurance Cost($)
Bundle Discount 265 1,208
Retiree Discount (Senior Citizen Discount) 206 1,679
Newly Constructed Home 427 1,046

Lakewood, CO Home Insurance Discounts for Home Safety Devices | Back to Top

Home Safety Devices Home Insurance Cost Savings($) Home Insurance Cost($)
Deadbolts 177 1,296
Fire Extinguishers 103 1,370
Smoke Detectors 118 1,355
Sprinkler System 191 1,282
Fire Alarm 103 1,370
Burglar Alarm 133 1,340
Lightning Protection 59 1,414

Latest Home Insurance Reviews

Allstate
I am not sure what others offer, I have been with the same insurance company and agent since for over 20 years.
Allstate
I would highly recommend and have recommended this company to others.They have amazing customer service and are great with getting you the lowest rates possible.
Geico
I rate them a 1. I only have insurance because somebody makes me as it is useless. When I got the quote it was the lowest so I purchased it at which point they raised the price.
State Farm
I would recommend this company for homes because for the past 10 years they have serviced me well. I have utilized and benefited from their services greatly and don't intend on leaving their insurance company.
Usaa
USAA is a full service provider who has not given us the slightest reason to doubt their worth. If you have USAA as an option, be sure to take their services seriously.
Progressive
Great customer service and availability. I also use them for my car insurance and get a discount for having two services through them.
Allstate
I would recommend because they are very responsive for all inquiries which makes me stay with them.
Usaa
Premium seems to be reasonable. At times I've seen them increase without my knowledge. I had to go in and adjust myself which was annoying.
Usaa
My insurance company has the same range of products that other insurance companies have - I can set my deductible and chose what special features I want in the plan.
Travelers
I have only used the home insurance company after moving in while the house was under warranty. I have not used my insurance company since and hope I do not have use them for a long while.
Usaa
I'd recommend USAA to anybody who would ask my opinion! The problem with this company is that "membership" is restricted to current/past service members and/or those who have immediate family members who are.
Usaa
As my insurance company for home and auto, i enjoy the ease with which my claims are handled and the convenience of online or using their 800 number as a member.
State Farm
The state farm's insurance prices are absolutely high.each time, they continue to raise the price customers are becoming more aggressive.
Allstate
I do not have many positive things to say about allstate at the moment. i have spoken to one nice agent so far
Safeco Insurance
It is important to have earthquake insurance in my area since it is prone to earthquakes.
Liberty Mutual
When I shopped for insurance, some companies were as high as $2000.00 a year for the same coverage and same deductible. Liberty Mutual was definitely the lowest.
Usaa
The premium with USAA is much lower than all the other companies that we looked at for comparison
Usaa
They are responsive and always resolve my problems. We've had to file multiple claims with them over the years, and they've never raised our rates. There's nothing I don't like
Farmer's Insurance
It is cheap and rolled into my mortgage, so that is nice
Usaa
My overall dislike about my insurance provider is much harder to outline, however, if I could change anything about the provider it would be the online sign-in process on a desktop/laptop. The interaction through mobile is much easier to navigate and faster to navigate.
State Farm
I like that there are a lot of different agents. I also like that you can call State Farm at anytime because they have a 1-800 number to help you.
California Casualty
I had the same agent for about 30 years. He recently retired and my new agent is young, pretty and very eager to assist me. I like her a lot and expect that all things insurance related will go well.
Geico
There isn't really anything I can think of that makes me dislike the company. I'm happy with my experiences so far, knock on wood.
Usaa
I hate that they are not local. Their phone service is great but sometimes doing things face to face has value. That is the only shortcoming that I have experienced. I think they do a good job compensating for the phone thing.
Usaa
I feel like I don't necessarily get the lowest rate with my company. But I feel like I'm paying for quality and customer service. I'm not just a number. It feels like they truly care about me as a customer, whereas other companies could care less if I was a customer or not.
Usaa
The only thing I like about the company is that the policy is reasonably priced and seems to cover everything we may need to cover. I'd like a lower hurricane deductible, but I'm not likely to get it, because I live 20 miles away from the Gulf of Mexico. I've heard some people say that they're likely to drop you after the first claim has been processed.
Usaa
I would like more ways to lower my premiums. They do not offer a wide enough selection of ways to lower costs. If they did this I would be even happier and would recommend them to anyone.
Liberty Mutual
I would recommend my home insurance because I have not had any problems with them. At the same time I would not go out of my way to recommend them, since I have never experienced an instance where I would need to make a claim. I don't know how well they will do in such a circumstance.
State Farm
I had a bad experience when need to put a claim in for my renter's insurance when I had a robbery at my place. They refused to pay and brought in their lawyer to interrogate me when I was the victim of a crime.
Geico
The price is very similar to the other policies I compared it to and so is the coverage. I did feel the premium was a little expensive.
Liberty Mutual
I had a real problem when my car broke down late at night on a dark highway. I called their emergency number to get a tow truck. It was a disaster. The girl had no clue how to help me. Ended up call a local tow truck. I called LM the next day and went off on them. They apologized and said they would address the issue. Not sure if they have done that yet. The company tv commercials are really bad and they need to find a new ad firm. I think I dislike that about the company more than ANYTHING!
American Family
As I said before I like everything about the company, especially its good and fast attention both to the client and when it is necessary to solve a problem
Safeco Insurance
I like how they are the cheapest and have always answered right away and answered any of the questions I've had. Other companies called me back weeks after I called.