The 4 Best Colorado Homeowners Insurance Companies

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Living in the Centennial State definitely has its benefits — from the beautiful Rocky Mountain landscape to over 200 craft brewery locations, it’s no wonder Colorado residents report higher satisfaction levels than nearly everyone else in the country.

That is, however, despite Colorado’s high insurance prices. Extreme weather conditions such as flooding, tornadoes, thunderstorms, and harsh cold drive up insurance prices in many regions of Colorado. And yet not all of those hazards are necessarily covered — it’s important to consider what’s included (and more importantly, what isn’t) when you compare policies from various providers.

We’ve outlined the top four Colorado homeowners insurance companies to help you narrow down your search. To get a jumpstart on your research, use the quote tool below to get real estimates on policies available in your area.

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Nationwide

Insuring your home through Nationwide guarantees comprehensive coverage at an affordable price, an award-winning claims department, and various discount options. Plus, Nationwide provides all policyholders with a free On Your Side review, which teaches you how to properly manage your deductible, choose the best coverage for your budget and needs, and thoroughly understand your insurance policy.

Nationwide also has excellent add-on coverage options, such as protection against flood or personal umbrella liability insurance. Their unique Brand New Belongings option, which provides policyholders with funds to replace their stolen or damaged personal property with the newest versions available, is easy to take advantage of and can really pay off in the event of a disaster.

Allstate

Allstate has strong financial and customer satisfaction ratings, and offers a wide range of coverage options and add-on protections to Colorado homeowners.

Allstate’s Claim RateGuard, for example, ensures that your premium rate won’t go up just because you file a claim. Allstate also provides numerous discounts, such as their Claim-Free Rewards program, which gives bonus savings for every year you don’t have a claim on your record. Allstate provides coverage for multiple dwellings and other living situations, including coverage for older homes, which can be hard to find in the homeowners insurance market.

Where Allstate really shines, however, is when it comes to their free exclusive online resources and tools. One such tool is Allstate’s Premium Gauge, which allows you to see how different variables — such as installing an alarm system — affect the annual premium you’ll pay for insuring your home, providing you with real estimates so you can make a better-informed decision.

AAA

The American Automobile Association, or AAA, is a non-profit group best known for providing members with roadside assistance, travel discounts, and driver’s safety courses throughout the U.S. However, AAA also offers affordable insurance policies from the Interinsurance Exchange network. This means that the underwriting insurer will vary with each policy but that claims, premiums, and customer service requests are all handled through AAA.

Both members and non-members can purchase homeowners insurance policies in Colorado, but special discounts and lower prices are available to AAA members (not to mention the free towing bonus!). AAA has a high-quality and well-rated customer service department that will work with you to make sure your policy limits are exactly where they need to be to provide optimal protection. The company also has a guaranteed replacement cost add-on coverage option, which will pay 100% of your home’s value if it is destroyed, and is worth looking into if you live in a high-risk area of Colorado.

American Family

American Family has been providing insurance policies in the U.S. for over 80 years with a community-based platform for conducting business. The company offers a wide array of policy options, with specific coverage add-ons for home offices and studios, sewer back-up, home day-care centers, and more, so it’s easy to tailor your policy to match your needs.

American Family provides premium reductions for customers that have stayed with the company for five years or more, or have gone claim-free for at least five years. Other discounts for newer policyholders include multi-policy bundling, installing protective devices, or umbrella policy discounts — garnering savings of 33% off your annual premium if you’re eligible.

The American Family website also offers helpful resources for potential and current homeowners insurance customers. The DreamVault tool, for example, allows you to keep a digital inventory of everything you own so that in the event of stolen or damaged property, you’re able to expedite the claims process. American Family is backed by a Credio Smart Rating of 97 out of 100, gets 4 out of 5 stars from J.D. Power & Associates, and receives an A rating for financial strength from A.M. Best.

Find the Best Home Insurance Rates

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Best Colorado Homeowners Insurance Companies

  • Nationwide
  • Allstate
  • AAA
  • American Family

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