Insurance Cost in Denver, Colorado

Compare average insurance rates in Denver for 2026

Home
$3220
/year
Auto
$2316
/year
Health
$500
/month
Life
$22
/month
Renters
$19
/month

Home Insurance in Denver, CO

The average cost of homeowners insurance in Denver, Colorado is $3,220 per year in 2026. This compares to the state average of $2,850 per year.

$3,220 per year (avg in Denver)
$1921 CO avg: $2,850 $4520

Factors Affecting Home Insurance in Denver

Home Value
Average: $530,000
Weather Risk
high
Flood Zone
5% of properties
Cost Index
1.13 (100 = national avg)

Home Insurance Coverage Comparison

Coverage Tier Dwelling Coverage Personal Property Liability Est. Annual Cost
Basic (HO-1) $424,000 $212,000 $100,000 $2,415
Standard (HO-3) $530,000 $265,000 $300,000 $3,220
Premium (HO-5) $662,500 $397,500 $500,000 $4,347

Auto Insurance in Denver, CO

The average annual cost of auto insurance in Denver is $2,316, compared to the Colorado state average of $2,050.

$2,316 per year (avg in Denver)
$1469 CO avg: $2,050 $3277
Minimum Coverage in Colorado: 25/50/15

Auto Insurance Coverage Comparison

Coverage Level Liability Collision Comprehensive Est. Annual Cost
Liability Only State Minimum None None $1,273
Full Coverage 100/300/100 $500 deductible $500 deductible $2,316
Premium 250/500/250 $250 deductible $250 deductible $3,010

Health Insurance in Denver, CO

The average monthly health insurance premium in Denver is $500 per month. Costs vary significantly based on plan tier, age, tobacco use, and household size.

$500 per month (avg individual plan)

Health Insurance Plan Tiers

Plan Tier Avg Monthly Premium Typical Deductible Out-of-Pocket Max Best For
Bronze $360 $7,000 $9,100 Healthy, low usage
Silver $500 $4,500 $9,100 Moderate usage
Gold $625 $1,650 $8,700 Regular medical needs
Platinum $750 $0 $4,500 High usage / families

Life Insurance & Renters Insurance in Denver

💰 Life Insurance

$22
per month (20-year term, $500K)

Life insurance rates in Colorado are based on age, health, and coverage amount. A healthy 35-year-old can expect to pay around $22/mo for a 20-year term policy with $500,000 coverage.

🏢 Renters Insurance

$19
per month (avg in Denver)

Renters insurance in Denver covers personal belongings, liability, and additional living expenses. The state average is $/mo. Most policies include $30K–$50K in personal property coverage.

Insurance Cost Calculator for Denver

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$530,000
2022
35
2
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Frequently Asked Questions

The average home insurance cost in Denver, CO is $3,220 per year for a standard HO-3 policy. Rates range from $1,921 to $4,520 depending on your home value, coverage level, deductible, and specific risk factors.
The average auto insurance premium in Denver is $2,316 per year for full coverage. Liability-only coverage averages around $1,042 per year. Colorado requires minimum coverage of 25/50/15.
Insurance costs in Denver are above the national average (cost index: 1.13). Home insurance averages $3,220/yr and auto insurance $2,316/yr. Higher costs are driven by moderate natural disaster risk.
Key factors include: local cost of living (index: 1.13), moderate natural disaster risk, average home values ($530,000), your personal claims history, credit score, and at-fault insurance laws in Colorado.
Top strategies: bundle home and auto (save 10-25%), raise deductibles, maintain good credit, compare quotes from 3+ insurers annually, and ask about available discounts. Denver residents can potentially save $1,107+ per year.
Colorado requires minimum auto liability coverage of 25/50/15 (bodily injury per person / per accident / property damage in thousands). This is the legal minimum, but most experts recommend higher limits for adequate protection.

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Insurance Costs in Nearby Cities

Colorado Springs, CO

Home Insurance $2,323/yr
Auto Insurance $1,818/yr

Aurora, CO

Home Insurance $2,507/yr
Auto Insurance $1,962/yr

Fort Collins, CO

Home Insurance $2,438/yr
Auto Insurance $1,908/yr

Lakewood, CO

Home Insurance $2,484/yr
Auto Insurance $1,944/yr

North Lakes, AK

Home Insurance $2,921/yr
Auto Insurance $2,286/yr

Topanga, CA

Home Insurance $2,944/yr
Auto Insurance $2,304/yr

Interlaken, CA

Home Insurance $2,944/yr
Auto Insurance $2,304/yr

Centerville, UT

Home Insurance $2,300/yr
Auto Insurance $1,800/yr

Last updated: March 2026. Data sourced from state insurance departments, NAIC, and industry averages.