Property insurance in Colorado will replace both your home and belongings. It also includes liability insurance against injuries or property damage that family members or household pets cause. Home insurance in Colorado also pays temporary living expenses while you live away from home because of a natural disaster.

Property insurance in Colorado provides protection against fire, hurricanes, hail and lightning, in addition to other natural disasters specified in the policy. However, you will need a separate policy for earthquakes and floods; a standard home insurance policy normally does not cover these. Colorado home insurance rates will not cover losses caused by poor maintenance.

Three key points that will affect the cost of property insurance in CO are:

1. The location of the property may require additional home insurance. Colorado residents also should protect properties against ice, sleet and snow.

2. Effective loss-control measures can lower the premium that property insurance providers in Colorado charge. This most commonly refers to an alarm system.

3. Home insurance should allow you to replace detached structures in addition to rebuilding your house. These policies cover these structures up to a fixed percentage of the value of the house.

Action Steps
The best contacts and resources to help you get it done

Collect quotes for a variety of Colorado homeowners insurance plans

Getting multiple quotes from different sources is an effective method of identifying the general terms of these policies and the premiums you can expect to pay.

I recommend: Complete the form for your home at Insure.com to get quotes for home insurance. Most Choice, which specializes in property insurance, also offers a form to fill out to get started.

Find Colorado property insurance brokers that represent major carriers

Locate a major Colorado property insurance company through one of its agents. The agency can make a recommendation based on your specific needs.

I recommend: Go to Allstate and search for a list of agents in a given location. This website also allows you to search for agents by name. State Farm sells homeowner’s insurance and provides a list of agents within a specified area.

Get a Colorado home insurance policy from a local agent

You may wish to contact local independent Colorado property insurance companies rather than dealing with different national insurers. Often, a local agent can write a more customized plan for you.

I recommend: Brown & Brown Insurance is in Colorado Springs and provides both Colorado home insurance and business insurance. The Western Mutual Insurance Group provides homeowners insurance in Colorado, California, Nevada, New Mexico and Utah.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Colorado property insurance will cover the contents of your house up to a specified percentage of the value of your home. You should conduct a home inventory to determine if replacement cost for the contents of your home exceeds this value. If you have a substantial amount of number of belongings outside of your home, you should consider off-premises coverage.