Best Homeowners Insurance in Colorado of 2023
When looking for homes insurance, price is simply one factor to take into account. Search for insurance providers that provide the best discounts, prices, discounts, basic and optional coverages, and financial stability.
In Colorado, selling insurance products requires a licence for both agents and insurance businesses. You can check a company’s licence using the Consumer Insurance Search Results tool offered by the National Association of Insurance Commissioners (NAIC) on their website. The tool also includes a consumer complaint index that displays the volume of grievances the NAIC has received concerning a specific insurer.
Here are some of the best homeowners insurance companies in Colorado for 2023:
- State Farm: State Farm is a large insurance company that offers a variety of homeowners insurance products. The company is known for its wide network of agents and its commitment to customer service. State Farm offers a variety of coverage options, including:
- Dwelling coverage: This coverage protects the structure of your home from damage caused by fire, wind, hail, and other perils.
- Personal property coverage: This coverage protects your belongings inside your home from damage caused by fire, wind, hail, theft, and other perils.
- Liability coverage: This coverage protects you from financial losses if you are sued for damages caused by your negligence.
- Additional living expenses coverage: This coverage pays for your living expenses if your home is uninhabitable due to a covered loss.
- Flood insurance: This coverage protects your home from damage caused by flooding.
- USAA: USAA is a military-only insurance company that offers a variety of homeowners insurance options. The company is known for its excellent customer service and its commitment to helping members of the military and their families. USAA offers a variety of coverage options, including:
- Dwelling coverage: This coverage protects the structure of your home from damage caused by fire, wind, hail, and other perils.
- Personal property coverage: This coverage protects your belongings inside your home from damage caused by fire, wind, hail, theft, and other perils.
- Liability coverage: This coverage protects you from financial losses if you are sued for damages caused by your negligence.
- Additional living expenses coverage: This coverage pays for your living expenses if your home is uninhabitable due to a covered loss.
- Flood insurance: This coverage protects your home from damage caused by flooding.
- Country Financial: Country Financial is a large insurance company that offers a variety of homeowners insurance products. The company is known for its affordable rates and its wide range of coverage options. Country Financial offers a variety of coverage options, including:
- Dwelling coverage: This coverage protects the structure of your home from damage caused by fire, wind, hail, and other perils.
- Personal property coverage: This coverage protects your belongings inside your home from damage caused by fire, wind, hail, theft, and other perils.
- Liability coverage: This coverage protects you from financial losses if you are sued for damages caused by your negligence.
- Additional living expenses coverage: This coverage pays for your living expenses if your home is uninhabitable due to a covered loss.
- Flood insurance: This coverage protects your home from damage caused by flooding.
- American Family: American Family is a large insurance company that offers a variety of homeowners insurance products. The company is known for its competitive rates and its wide range of coverage options. American Family offers a variety of coverage options, including:
- Dwelling coverage: This coverage protects the structure of your home from damage caused by fire, wind, hail, and other perils.
- Personal property coverage: This coverage protects your belongings inside your home from damage caused by fire, wind, hail, theft, and other perils.
- Liability coverage: This coverage protects you from financial losses if you are sued for damages caused by your negligence.
- Additional living expenses coverage: This coverage pays for your living expenses if your home is uninhabitable due to a covered loss.
- Flood insurance: This coverage protects your home from damage caused by flooding.
- Allstate: Allstate is a top-rated homeowners insurance company that offers a variety of homeowners insurance products and discounts. The company is known for its wide range of products and services, as well as its commitment to customer satisfaction. Allstate offers a variety of coverage options, including:
- Dwelling coverage: This coverage protects the structure of your home from damage caused by fire, wind, hail, and other perils.
- Personal property coverage: This coverage protects your belongings inside your home from damage caused by fire, wind, hail, theft, and other perils.
- Liability coverage: This coverage protects you from financial losses if you are sued for damages caused by your negligence.
- Additional living expenses coverage: This coverage pays for your living expenses if your home is uninhabitable due to a covered loss.
- Flood insurance: This coverage protects your home from damage caused by flooding.
These companies were selected based on factors such as affordability, customer satisfaction, and financial stability.
The average cost of homeowners insurance in Colorado is $1,884 per year, or $157 per month. However, your actual rate may vary depending on your individual circumstances, such as the value of your home, your location, and your risk factors.
It is important to shop around and compare quotes
