Longmont ,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 Longmont, 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 Longmont, CO is $2041. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Longmont, CO. VHome Insurance will help you navigate the world of homeowners insurance coverages in Longmont, CO.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $816 |
| $200,000 | $1,388 |
| $300,000 | $1,714 |
| $400,000 | $2,612 |
| $500,000 | $3,286 |
Home insurance costs in Longmont can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 080503 | $2,779 |
| 80504 | $2,683 |
| 80501 | $2,642 |
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 Longmont, CO, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,093 |
| $1000 Deductible | $1,872 |
| $1500 Deductible | $1,765 |
| $2500 Deductible | $1,592 |
| $5000 Deductible | $1,347 |
| Home Insurance Company Near Longmont, CO | Homeowners Insurance Agency Near Longmont, CO | Address |
|---|---|---|
| Travelers | Saa Insurance Agency | 215 W SOUTH 1ST ST, JOHNSTOWN, CO, 80534 |
| State Farm | Arnie Mascarenas | 1011 39th Ave, Greeley, CO, 80634-2506 |
| Liberty Mutual Independent | Colorado Insurance Benefits I | 6444 S QUEBEC ST STE 304, CENTENNIAL, CO, 80111 |
| Allstate | George Sechrist | 5944 S Kipling Pkwy Ste 305, Littleton, CO, 80127 |
| Farmers | Jason Welch | 2627 REDWING RD STE 260, Fort Collins, CO, 80526 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Lyons town, Colorado | $138 | $184 | $276 |
| Niwot CDP, Colorado | $149 | $198 | $297 |
| Altona CDP, Colorado | $152 | $202 | $303 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Longmont, CO | 4.4% | 18.8% |
| Lyons | 3.64% | 17.6% |
| Niwot | 3.66% | 13.46% |
| Gunbarrel | 4.25% | 16.09% |
| Longmont Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 140 | 1.0% | $343 |
| $200 to $299 | 208 | 1.0% | $793 |
| $300 to $499 | 427 | 3.0% | $1243 |
| $500 to $749 | 2,401 | 18.0% | $1918 |
| $750 to $999 | 4,604 | 34.0% | $2668 |
| $1,000 to $1,499 | 4,185 | 31.0% | $3793 |
| $1,500 or more | 1,321 | 9.0% | $5443 |
| Streets in Longmont Area | Homeowners Insurance Cost |
|---|---|
| 23rd Ave, Wyndemere Cir, Rannoch Dr, Bluebird Dr, Atwood St, Princeton Cir, Abbey Dr, Sugar Mill Ave, Peregrine Cir, Park Dr | $887 |
| Lake Park Dr, Mariner Dr, Mount Sneffels St, Pace St, Beech Way, Henry Ct, W Co Rd 2, Cottonwood Ct, 10th Ave, Vail Ln | $906 |
| Jamison Pl, Riverview Ct, Buckham Way, Morgan Rd, Reese Ave, Grant St, Sunset Cir, Bramwood Pl, Walker Ct, Medford St | $887 |
| Turin Dr, 100 Year Party Ct, Smith Dr, Roma Ct, Steele St, Tucson Ct, Welch Ct, Peregrine Ln, Jade Way, Prairie Song Pl | $958 |
| Keystone Ct, Fordham St, Kansas Ave, Spring Creek Trl, Trout Creek Cir, Willowbrook Dr, Tyrrhenian Dr, Polo Dr, Santa Fe Dr, Pebble Rd | $894 |
| Glenbor Ct, Feltham Pl, Corinth Rd, N 67th St, N 49th St, Quebec Ave, Sorenlo Pl, Kinnikinnick Ct, Co Rd 49, Dry Creek Dr | $1,010 |
| Sage Valley Rd, Alpine St, Mayfield Ln, Doral Dr, Trevarton Ln, Springhill Dr, Grove Ct, Stardance Way, Camelia Ct, Saint Vrain Rd | $1,030 |
| Dahlia Way, Carnation Cir, Merriman Pl, Kylie Dr, Meeker Pl, Nimbus Rd, Comanche Ct, Elgin Ave, Antelope Dr, Aspen St | $897 |
| Cumberland Dr, Cambridge Dr, Skysail Ct, Eagle Springs Trl, E 17th Ave, Prairie Hawk Dr, Merideth Ln, Vassar Ct, Centrebridge Dr, Gaynor Way | $892 |
| 20th Ave, St Clair Ave, N Parkside Dr, 1st Ave E, Mayfield Cir, N 85th St, Sunnyside Ln, Incorrigible Cir, Kiteley Ln, Coffman St | $892 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Longmont | $133 to $136 |
| Lyons | $138 |
| Niwot | $148 |
| Altona | $151 |
| Structure Type | Deductible | Company | Premium |
|---|---|---|---|
| Frame | $500 | Anpac | $1,990 |
| Frame | $500 | American Reliable Insurance Company | $474 |
| Masonry | $500 | Amica Mutual Insurance Company | $1,496 |
| Frame | $500 | Colorado Farm Bureau Mutual Insurance | $1,213 |
| Frame | $500 | Hartford Fire Insurance Company | $1,424 |
| Frame | $500 | Lm Insurance Corporation | $1,772 |
| Frame | $500 | Unitrin Direct Property & Casualty Company | $1,288 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $2,000 |
| Yearly Longmont Homeowner Insurance Premium Example | $1,000 | $800 |
| Out of Pocket Expense During Claim | $1,000 | $2,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $9,000 | $8,400 |
| Net Savings to Longmont Home Owner from High Deductible Plan | $600 | |
| Scenario | Longmont, CO Home Replacement Value MORE than Home Value | Longmont, CO Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $282,500 | $175,000 |
| Insurance Premium based on Replacement Value | $1,550 | $950 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $44,000 | Risk Exposure from Under Insuring Coverage is $63,500 |
| Premium Impact | Insurance cheaper by $350/year | Insurance costlier by $250/year |
| Insurance Company | American Family Insurance | Nationwide Insurance | Farmers Insurance |
| Monthly Premium | 92 | 88 | 138 |
| Year Built | 1991 | 1971 | 1982 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 2 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $250000-$300000 | $350000-$400000 | $400000-$500000 |
| Deductible | $5000 to $10,000 Deductible | $5000 to $10,000 Deductible | $5000 to $10,000 Deductible |