Homeowners insurance in Colorado: premium by ZIP code
Colorado's median ZIP code paid $2,538 per policy in 2022, second only to Florida, after a rise of +20.9% after inflation.
Independent site, not an insurer or a broker. Treasury figures cover 2018 to 2022 only.
Premium per policy in 2022, Colorado (median ZIP code)
$2,538
Average paid per HO-3 or HO-5 policy, inflation-adjusted as published by the Treasury. At September 2026 prices: about $3,381.
| Change from 2018 to 2022, after inflation | +20.9% |
| Premium per policy in 2018 | $2,100 |
| Premium per policy in 2022 | $2,538 |
| 2022 premium carried to September 2026 (BLS index) | $3,381 |
| Policies not renewed by the insurer, 2022 | 1.09% |
| Claims paid per 100 policies, yearly average | 6.1 |
| Average claim paid, 2018 to 2022 (adjusted) | $17,419 |
| Cancelled for nonpayment, 2022 | 1.32% |
Treasury data stop in 2022. The September 2026 figure applies the national BLS price index to the 2022 value, read as 2022 dollars: an estimate, not a quote.
Compiled by Radif Partners · Where the numbers come from · 419 ZIP codes in 64 counties of Colorado in the Treasury file · not a quote
Colorado ranks second in the Treasury file for homeowners premiums: the median ZIP code paid $2,538 per policy in 2022, up from $2,100 in 2018, a rise of +20.9% after inflation, ranked 2 of 51. The Front Range counties lead. Jefferson County's median was $2,966, Denver's $2,916 and El Paso's, around Colorado Springs, $2,734, all up 18 percent or more. Hail is the main reason: large hailstorms over the metro area produce roof and car claims across whole suburbs. Mountain resort ZIP codes are dearer still, led by 81611 in Pitkin County at $11,843, where house values and wildfire weigh. Oddly, Colorado's paid loss ratio fell to 27% in 2022: premiums rose faster than claims. Nonrenewals reached 1.09%. Colorado had no FAIR plan in the report. The data stop in 2022.
Front Range hail
The metro counties carry Colorado's premium. Jefferson County paid $2,966 in 2022 after a rise of +24.2%, Denver County $2,916 after +18.0%, and Weld County to the north $2,627 after +25.0%. Paid claims per 100 policies averaged 6.1, ranked 10 of 51, with 2019 the busiest year at 5.2. Many Colorado policies carry a percentage wind and hail deductible, and some insurers give a discount for impact-resistant shingles rated Class 4.
A 1 percent hail deductible on a Denver house
Example, not your result yet· change a figure to see yours
The insurer would pay
$17,000
| Full percentage deductible | $5,000 |
| Paid with the flat deductible instead | $21,000 |
| Extra you carry because of the percentage | $4,000 |
| 2% of this dwelling limit | $10,000 |
Mountains and the Western Slope
Colorado's range is one of the widest in the country: the cheapest tenth of ZIP codes paid under $1,444 and the dearest tenth over $3,441. ZIP 81611 and 81615, both in Pitkin County, the county of Aspen, paid $11,843 and $8,599. Mesa County on the Western Slope had the cheapest ZIP codes, 81501 at $969 and 81520 at $972. Fire in the foothills and the mountains, where homes border forest, is the other risk; it shows less in the five-year claim figures than in insurers' underwriting rules.
Premiums ran ahead of losses
The paid loss ratio of the median ZIP code was 39% in 2019 and fell to 28% and 27% in 2021 and 2022, among the lowest in the country, while premiums rose. Paid figures lag the event, and a median of ZIP codes gives little weight to one fire, such as the Marshall Fire of December 2021, the most destructive in the state's history, which burned in a handful of ZIP codes. Use the dwelling coverage calculator to check that a limit keeps up with Front Range rebuilding costs.
Renewals and the regulator
The nonrenewal rate rose from 0.57% in 2020 to 1.09% in 2022. The Colorado Division of Insurance handles complaints and publishes consumer guides on hail and wildfire claims. Colorado had no residual market plan for homes when the Treasury report was written; the legislature created a FAIR plan in 2023, which began writing policies after the period of these data.
Colorado, year by year
| Year | Colorado median ZIP | National median ZIP | Nonrenewal rate | Claims per 100 policies | Paid loss ratio |
|---|---|---|---|---|---|
| 2018 | $2,100 | $1,445 | 0.83% | 4.9 | 35% |
| 2019 | $2,180 | $1,469 | 0.70% | 5.2 | 39% |
| 2020 | $2,269 | $1,491 | 0.57% | 4.7 | 38% |
| 2021 | $2,360 | $1,521 | 0.89% | 4.1 | 28% |
| 2022 | $2,538 | $1,551 | 1.09% | 4.1 | 27% |
The Colorado counties with the most ZIP codes in the file
| County | ZIP codes | Median 2018 | Median 2022 | Change | Nonrenewal 2022 | Average claim |
|---|---|---|---|---|---|---|
| El Paso County | 35 | $2,227 | $2,734 | +22.8% | 1.22% | $14,783 |
| Weld County | 28 | $2,098 | $2,627 | +25.0% | 1.22% | $16,541 |
| Jefferson County | 26 | $2,376 | $2,966 | +24.2% | 1.05% | $16,919 |
| Denver County | 25 | $2,447 | $2,916 | +18.0% | 1.02% | $16,088 |
| Adams County | 18 | $2,201 | $2,692 | +20.1% | 1.18% | $15,067 |
| Arapahoe County | 17 | $2,494 | $2,966 | +19.9% | 1.20% | $16,511 |
| Larimer County | 17 | $1,658 | $2,231 | +30.0% | 0.87% | $18,098 |
| Boulder County | 16 | $2,343 | $3,124 | +34.0% | 1.05% | $20,194 |
Highest and lowest premiums per policy, Colorado ZIP codes, 2022
| ZIP code | County | Premium per policy | Change since 2018 | Nonrenewal 2022 |
|---|---|---|---|---|
| 81611 | Pitkin County | $11,843 | +44.4% | 0.54% |
| 81615 | Pitkin County | $8,599 | +31.2% | 0.64% |
| 81656 | Pitkin County | $8,314 | +4.3% | 0.78% |
| 81654 | Pitkin County | $7,116 | +33.9% | 1.38% |
| 81435 | San Miguel County | $6,760 | +30.9% | 1.49% |
| 81501 | Mesa County | $969 | +10.5% | 0.84% |
| 81520 | Mesa County | $972 | +9.6% | 0.84% |
| 81504 | Mesa County | $986 | +13.5% | 0.84% |
| 81503 | Mesa County | $1,032 | +11.5% | 0.85% |
| 81401 | Montrose County | $1,053 | +11.4% | 0.83% |