Colorado Home Insurance: 4 Tips for Big Savings

The average Colorado homeowner pays $826 per year—$68* per month—for Colorado home insurance. Why should you pay that much? If you are a citizen of the Centennial State, you may be able to cut your home insurance premium by up to 30 percent.

4 Savings Tips

Looking to reduce your home insurance premium? Here are 4 simple tips:

• Don’t insure the value of your land. If disaster should strike, your land will likely remain intact.
• A higher deductible could land you a cheaper premium. In fact, raising your deductible could save you 25% on your premium.
• Get a discount for a security system, a senior discount, fire-retardant roofing, a smoke detector, etc. to save on Colorado home insurance.
• Get a multi-line discount (home/renters and auto) and reduce both premiums by as much as 15%.

Home Insurance and Winter Storm Damage

Colorado is notorious for severe winter weather. Snow, ice, hail and water damage can wreak havoc on a home over the course of a brutal winter. Fortunately, Colorado home insurance safeguards homeowners against loss caused by winter storm damage (excluding flood).

Compare Quotes and Save

If you live in Denver, Colorado Springs or any city in between, you may be able to reduce your home insurance rate by a ton if you compare quotes. Shopping around for rates from numerous different companies is the simplest way to reduce the cost of your policy. It may be able to save you hundreds annually.

Home insurance premiums can be ridiculously pricey, and homeowners in Colorful Colorado shouldn’t throw away money on a pricey premium. Search for a cheaper rate with a free home insurance quote from InsWeb.

*2006 data from the National Association of Insurance Commissioners