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Home Insurance in Fort Morgan, CO: Companies & Premiums

Home Insurance in Fort Morgan, CO: Companies & Premiums

Home Insurance in Fort Morgan, CO: Companies & Premiums

Home insurance protects a homeowner’s personal property and their actual home. This is a common type of insurance that covers most parts of the home. Most HO-3 premiums also cover liability and medical payments. An HO-3 policy should cover the cost of your assets. If it is too far below your assets, then you may lose some in the event of an accident.

Fort Morgan, Colorado Homeowners Insurance

An average HO-3 policy for a homeowner in Fort Morgan would cost $2,135.25. For some homeowners, this rate is pretty high. Since home insurance is a must, there are no ways to get out of the actual insurance. However, there are tons of cheaper options for low-income families or families on a budget.

Here are some budget-friendly home insurance options to consider:

List of Companies & Rates for HO-3 Coverage in Fort Morgan, CO

CompanyAnnual Premium
Average$2135.25
360$572
American Reliable$753
AIG$795
American Security$1,013
United Fire$1,055
Grange Insurance$1,059
The Cincinnati$1,185
Economy Premier$1,236
Armed Forces$1,259
Pharmacists Mutual$1,261
QBE Insurance$1,534
Horace Mann$1,562
Standard Guaranty$1,590
Stillwater$1,624
Mountain Valley$1,649
Encompass$1,705
Great Northern$1,705
Alliance$1,709
American Strategic$1,740
SECURA Supreme$1,756
Vigilant$1,796
Praetorian$1,834
Metropolitan Direct$1,868
Federal$1,890
Pacific$1,890
American Family$1,927
Farmers$1,941
National Casualty$1,944
Colorado Farm Bureau$1,954
SECURA$1,984
Teachers Insurance$2,003
Horace Mann Property$2,051
Trumbull$2,059
Hartford Fire$2,139
Safeco$2,150
Twin City Fire$2,213
ANPAC$2,214
USAA$2,217
IDS$2,237
Hartford Accident$2,239
CSAA$2,250
Shelter$2,266
Homesite$2,299
Foremost Grand Rapids, Michigan$2,322
United Services$2,453
Owners Insurance$2,466
Metropolitan Property$2,554
ANGIC$2,568
Garrison$2,622
USAA General$2,645
California Casualty$2,648
CENTRAL$2,735
Amica$2,812
Allstate$2,850
Esurance$2,896
Liberty$2,974
National Farmers$3,029
Acuity$3,102
LM Insurance$3,133
Auto-Owners$3,145
COUNTRY Mutual$3,368
Electric Insurance$3,836
State Farm$4,050
Farmers Insurance Exchange$4,321

Fort Morgan Condo Insurance

Not all homeowners live on private property. Some homeowners choose to live in shared housing. In this case, they need a special type of coverage. An HO-6 policy covers condominiums and other types of shared housing. You need this type of insurance to cover your assets within your condo.

The average cost of an HO-6 premium in Fort Morgan is $447.84. This is within the normal range for an HO-6 premium. However, some homeowners choose to save money through insurance. If you have fewer assets than the more expensive premium covers, then a cheaper premium is a good option. Going for a cheap premium that still covers your assets is the best way o save money.

Here are some money-saving options for condo insurance:

List of Companies & Rates for HO-6 Coverage in Fort Morgan, CO

CompanyAnnual Premium
Average$447.84
SECURA Supreme$115
SECURA$150
Allstate$176
Mountain Valley$197
Economy Premier$200
360$201
Metropolitan Direct$233
United Fire$233
Colorado Farm Bureau$236
Metropolitan Property$238
COUNTRY Mutual$259
Grange Insurance$268
California Casualty$276
Farmers Insurance Exchange$276
ANPAC$282
Farmers$287
Shelter$293
Foremost Grand Rapids, Michigan$310
Horace Mann$317
ANGIC$318
Trumbull$322
National Farmers$327
Hartford Fire$328
Hartford Accident$341
Twin City Fire$343
CENTRAL$352
State Farm$352
Acuity$361
Safeco$371
American Strategic$381
American Family$385
Electric Insurance$385
Great Northern$413
Vigilant$435
Encompass$455
Federal$456
Pacific$456
Auto-Owners$459
Owners Insurance$459
Teachers Insurance$473
USAA General$513
Amica$514
CSAA$545
Armed Forces$563
National Casualty$571
Stillwater$581
Liberty$626
LM Insurance$660
Homesite$664
The Cincinnati$704
Pharmacists Mutual$725
USAA$755
United Services$771
Garrison$802
AIG$830
IDS$885
American Bankers Florida$915
Praetorian$1,632

Fort Morgan Renters Insurance

An HO-4 policy covers a renter’s assets. It includes the assets within the property, but it does not cover the property itself. Covering the actual property is the landlord’s responsibility because the renter does not actually own the land. However, most landlords require their tenants to have protection in the form of an HO-4 policy to protect themselves and the tenants.

Renters insurance is typically cheaper than other types of homeowner insurance in Colorado. In Fort Morgan, the cost of renters insurance averages at $268.28. Most renters pay within that range, but there are more ways to cut costs at the insurance level. Having fewer assets than what is covered in a more expensive premium is a waste of money. Rather than pay for the extra assets, try to find a cheaper premium.

Take a look at the options for renters coverage:

List of Companies & Rates for HO-4 Coverage in Fort Morgan, CO

CompanyAnnual Premium
Average$268.28
Economy Premier$108
360$115
State Farm$125
Mountain Valley$137
California Casualty$147
National Farmers$147
Alliance$152
Allstate$166
Farmers Insurance Exchange$168
SECURA Supreme$172
ANPAC$176
Praetorian$181
Colorado Farm Bureau$183
Grange Insurance$185
Homesite$185
Stillwater$186
Farmers$189
American Strategic$192
Metropolitan Direct$199
ANGIC$200
Acuity$205
Trumbull$205
Hartford Fire$209
SECURA$210
Hartford Accident$216
Markel American$216
Twin City Fire$217
Great Northern$220
IDS$220
Aspen American$228
American Family$230
Vigilant$230
CSAA$234
Shelter$234
Auto-Owners$238
Owners Insurance$238
American Modern$239
Federal$239
Pacific$239
Amica$242
CENTRAL$243
Century-National$254
Foremost Grand Rapids, Michigan$255
Metropolitan Property$264
Safeco$270
Teachers Insurance$280
First American$281
Horace Mann$292
United Fire$293
American Bankers Florida$300
Electric Insurance$309
COUNTRY Mutual$339
USAA General$349
Garrison$362
USAA$362
Pharmacists Mutual$366
National Casualty$369
United Services$393
American Family Home$417
Liberty$479
LM Insurance$504
Encompass$595
AIG$846
The Cincinnati$926

Census

The cost of living is much more easygoing in Fort Morgan than the rest of Colorado. However, the average household does make less at $48,508 per year. This may seem low, but families live a bit more comfortably because of the low rent, housing, and general cost of living. If you make less money in a bigger city, you may be more comfortable in Fort Morgan.

Source: All of these numbers were taken from the Colorado Government Insurance Department’s official site. Like most averages, expect these numbers to change over time. They were written as accurately possible at the time of recording.

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