Westminster ,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 Westminster, 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 Westminster, CO is $2001. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Westminster, CO. VHome Insurance will help you navigate the world of homeowners insurance coverages in Westminster, CO.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $800 |
| $200,000 | $1,361 |
| $300,000 | $1,681 |
| $400,000 | $2,561 |
| $500,000 | $3,222 |
Home insurance costs in Westminster 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 |
|---|---|
| 080021 | $2,664 |
| 80031 | $2,666 |
| 80030 | $2,613 |
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 Westminster, CO, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,052 |
| $1000 Deductible | $1,835 |
| $1500 Deductible | $1,731 |
| $2500 Deductible | $1,561 |
| $5000 Deductible | $1,321 |
| Home Insurance Company Near Westminster, CO | Homeowners Insurance Agency Near Westminster, CO | Address |
|---|---|---|
| Allstate | Sherry Unruh | 1051 Main St, Windsor, CO, 80550 |
| Travelers | A Complete Insurance Agency Inc | 8906 W Bowles Ave, Ste 130 , Littleton, CO, 80123 |
| Travelers | All Colorado Insurance Services Inc | 9725 E HAMPDEN AVE STE 330, DENVER, CO, 80231 |
| State Farm | Chris Jaramillo | 3901 E 112th Ave Unit T, Thornton, CO, 80233-2546 |
| Farmers | Dean Lagrave | 1776 S Jackson St Ste 301, Denver, CO, 80210 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Shaw Heights CDP, Colorado | $109 | $145 | $217 |
| Federal Heights city, Colorado | $103 | $137 | $206 |
| West Adams CCD, Adams County, Colorado | $109 | $145 | $217 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Westminster, CO | 4.5% | 17.6% |
| Shaw Heights | 4.78% | 18.5% |
| Federal Heights | 5.5% | 10.4% |
| West Adams | 4.66% | 18.01% |
| Westminster Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 230 | 1.0% | $799 |
| $300 to $499 | 284 | 2.0% | $1249 |
| $500 to $749 | 2,330 | 16.0% | $1924 |
| $750 to $999 | 4,157 | 29.0% | $2674 |
| $1,000 to $1,499 | 4,856 | 34.0% | $3799 |
| $1,500 or more | 2,231 | 15.0% | $5449 |
| Streets in Westminster Area | Homeowners Insurance Cost |
|---|---|
| W 133rd Cir, Tejon Way, Lowell Way, W 132nd Pl, W 107th Pl, W 135th Pl, W 115th Dr, W 107th Ct, E 156th Ave, Grove Ct | $885 |
| N Elliot St, W 71st Way, Hunter Way, W 90th Pl, W 116th Ave, Bradburn Blvd, W 99th Pl, W 116th Way, Circle Dr, E 144th Way | $870 |
| W 81st Ave, N Tennyson Way, W 106th Pl, 103rd Pl, Canosa St, Pratt St, W Hawthorne Pl, Grove Ct, W 86th Ave, Pratt Pl | $863 |
| Yates Dr, E 152nd Pl, W 144th Ave, W 152nd Pl, W 71st Ct, Cherry Ln, W 77th Ave, Bradburn Blvd, 110th Pl, W 116th Ln | $930 |
| Alcott Dr, W 98th Pl, W 98th Way, W 97th Pl, W 119th Ave, Avrum Dr, W 114th Pl, W 80th Pl, Saint Paul St, Lipan Ct | $916 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Westminster | $132 to $134 |
| Shaw Heights | $130 |
| Federal Heights | $123 |
| Sherrelwood | $129 |
| Structure Type | Deductible | Company | Premium |
|---|---|---|---|
| Masonry | $500 | American Reliable Insurance Company | $828 |
| Frame | $500 | Central Mutual Insurance Company | $1,472 |
| Frame | $500 | Csaa General Insurance Company | $1,470 |
| Frame | $500 | Garrison Property And Casualty Insurance Company | $1,817 |
| Masonry | $500 | Lm Insurance Corporation | $1,899 |
| Masonry | $500 | Privilege Underwriters Reciprocal Exchange | $782 |
| Masonry | $500 | The Cincinnati Insurance Company | $1,368 |
| Masonry | $500 | Twin City Fire Insurance Company | $2,005 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,100 | $3,100 |
| Yearly Westminster Homeowner Insurance Premium Example | $1,200 | $800 |
| Out of Pocket Expense During Claim | $1,100 | $3,100 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $10,700 | $9,500 |
| Net Savings to Westminster Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Westminster, CO Home Replacement Value MORE than Home Value | Westminster, CO Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $432,000 | $301,500 |
| Insurance Premium based on Replacement Value | $2,150 | $1,500 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $61,500 | Risk Exposure from Under Insuring Coverage is $69,000 |
| Premium Impact | Insurance cheaper by $325/year | Insurance costlier by $325/year |
| Insurance Company | Chubb Group of Insurance | GEICO Insurance | Amica Mutual Insurance Company |
| Monthly Premium | 129 | 43 | 80 |
| Year Built | 2006 | 2014 | 1987 |
| Home Details | 3 Beds, 2 Baths | 2 Beds, 1 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $300000-$350000 | $125000-$150000 | $300000-$350000 |
| Deductible | $1000-$2500 Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible |