If you are a homeowner, then the subject of insurance has crossed your mind. Insuring your property is majorly important. Having an accident or natural disaster that puts your assets at risk can happen to anyone. Fires and liability accidents are the leading cause of homeowners losing their assets. Rather than take the risk, find an affordable home insurance for yourself and your property.
La Junta, Colorado Homeowners Insurance
The average cost of an HO-3 policy, which is the type of coverage that homeowners need to protect their homes, in La Junta is $2,230.39. This is on the high spectrum for this type of insurance. Homeowners do not need to pay the average, however. There are plenty of cheaper insurance options for homeowners on a budget.
Browse these budget-friendly options for better homeowners insurance in Colorado in the city of La Junta:
- USAA – $2,168
- Teachers Insurance – $2,003
- Pacific Indemnity – $1,890
- American Strategic Insurance (ASI) – $1,644
List of Companies & Rates for HO-3 Coverage in La Junta, CO
| Company | Annual Premium |
|---|---|
| AIG | $697 |
| American Reliable | $753 |
| American Security | $1,013 |
| United Fire | $1,055 |
| Grange Insurance | $1,105 |
| IDS | $1,144 |
| Economy Premier | $1,180 |
| Armed Forces | $1,244 |
| Pharmacists Mutual | $1,261 |
| The Cincinnati | $1,325 |
| Horace Mann | $1,562 |
| Standard Guaranty | $1,590 |
| Mountain Valley | $1,634 |
| American Strategic | $1,644 |
| ANPAC | $1,690 |
| Alliance | $1,692 |
| Great Northern | $1,705 |
| Vigilant | $1,796 |
| Colorado Farm Bureau | $1,803 |
| Praetorian | $1,834 |
| Metropolitan Direct | $1,868 |
| Federal | $1,890 |
| Pacific | $1,890 |
| Shelter | $1,900 |
| Stillwater | $1,902 |
| Farmers | $1,923 |
| ANGIC | $1,959 |
| QBE Insurance | $1,966 |
| 360 | $1,973 |
| Teachers Insurance | $2,003 |
| SECURA Supreme | $2,005 |
| National Casualty | $2,009 |
| Horace Mann Property | $2,051 |
| American Family | $2,083 |
| National Farmers | $2,119 |
| Safeco | $2,150 |
| USAA | $2,168 |
| Encompass | $2,218 |
| SECURA | $2,263 |
| CSAA | $2,279 |
| Foremost Grand Rapids, Michigan | $2,322 |
| United Services | $2,396 |
| Garrison | $2,554 |
| Metropolitan Property | $2,554 |
| USAA General | $2,571 |
| Homesite | $2,625 |
| Acuity | $2,674 |
| California Casualty | $2,746 |
| Owners Insurance | $2,769 |
| Allstate | $2,803 |
| CENTRAL | $2,830 |
| Amica | $2,928 |
| Trumbull | $2,939 |
| Hartford Fire | $3,056 |
| Twin City Fire | $3,164 |
| Hartford Accident | $3,202 |
| COUNTRY Mutual | $3,368 |
| Auto-Owners | $3,551 |
| Liberty | $3,561 |
| LM Insurance | $3,747 |
| Electric Insurance | $3,836 |
| Esurance | $3,875 |
| State Farm | $3,993 |
| Farmers Insurance Exchange | $4,335 |
| Average | $2230.39 |
La Junta Condo Insurance
Some homeowners have private property, and others share their housing. If you are a homeowner in a condominium or shared housing, then you need an HO-6 policy. Sharing housing with others increases the likelihood of some accidents. Rather than take a chance, be sure that your property is insured under your current premium.
If you are unsatisfied with your premium, then there are cheaper rates for condo owners. The average cost of HO-6 insurance in La Junta is $465.88. Paying below average rates is a good way to save money. Long-term savings frees up room for other types of spending.
Here are some cheaper-than-average rates for condo coverage in La Junta:
List of Companies & Rates for HO-6 Coverage in La Junta, CO
| Company | Annual Premium |
|---|---|
| SECURA Supreme | $129.00 |
| SECURA | $166.00 |
| Allstate | $173.00 |
| 360 | $201.00 |
| Grange Insurance | $202.00 |
| Economy Premier | $204.00 |
| Metropolitan Direct | $233.00 |
| United Fire | $233.00 |
| Colorado Farm Bureau | $236.00 |
| Metropolitan Property | $238.00 |
| Mountain Valley | $247.00 |
| California Casualty | $265.00 |
| Farmers Insurance Exchange | $280.00 |
| ANPAC | $284.00 |
| Farmers | $285.00 |
| Shelter | $293.00 |
| Foremost Grand Rapids, Michigan | $310.00 |
| National Farmers | $314.00 |
| Horace Mann | $317.00 |
| ANGIC | $321.00 |
| State Farm | $352.00 |
| CENTRAL | $358.00 |
| Safeco | $371.00 |
| Acuity | $374.00 |
| COUNTRY Mutual | $384.00 |
| Electric Insurance | $385.00 |
| American Family | $391.00 |
| Great Northern | $413.00 |
| Vigilant | $435.00 |
| American Strategic | $446.00 |
| Federal | $456.00 |
| Pacific | $456.00 |
| Auto-Owners | $468.00 |
| Owners Insurance | $468.00 |
| Teachers Insurance | $473.00 |
| Armed Forces | $478.00 |
| Encompass | $501.00 |
| Amica | $514.00 |
| USAA General | $532.00 |
| Trumbull | $536.00 |
| Hartford Fire | $544.00 |
| National Casualty | $566.00 |
| Hartford Accident | $569.00 |
| Twin City Fire | $574.00 |
| Liberty | $580.00 |
| Stillwater | $581.00 |
| CSAA | $592.00 |
| LM Insurance | $610.00 |
| Homesite | $664.00 |
| AIG | $685.00 |
| Pharmacists Mutual | $725.00 |
| USAA | $791.00 |
| The Cincinnati | $795.00 |
| United Services | $808.00 |
| IDS | $827.00 |
| Garrison | $841.00 |
| American Bankers Florida | $915.00 |
| Praetorian | $1,632.00 |
| Average | $465.88 |
La Junta Renters Insurance
Renters insurance covers your assets within a landlord’s property. This type of insurance is not coverage for the landlord. If there were an accident, then their own property insurance should cover their side. Not having renters insurance is a risk. You need an HO-4 policy to cover your personal property within the rental unit.
Expect to pay an average of $242.36 for renters insurance in La Junta. Rather than paying too much for your premium, try to go for a less costly rate. There are plenty of companies that charge less than average for a renters insurance. A bit of research could save you hundreds of dollars a year.
Here are a few companies that charge below-average rates for renters insurance in La Junta:
- IDS – $227
- Homesite – $185
- Alliance – $152
List of Companies & Rates for HO-4 Coverage in La Junta, CO
| Company | Annual Premium |
|---|---|
| Economy Premier | $110.00 |
| State Farm | $125.00 |
| 360 | $134.00 |
| California Casualty | $136.00 |
| Grange Insurance | $148.00 |
| Farmers Insurance Exchange | $150.00 |
| Alliance | $152.00 |
| National Farmers | $160.00 |
| Allstate | $166.00 |
| Mountain Valley | $173.00 |
| SECURA Supreme | $174.00 |
| ANPAC | $177.00 |
| Colorado Farm Bureau | $183.00 |
| Praetorian | $183.00 |
| Homesite | $185.00 |
| Farmers | $189.00 |
| Stillwater | $193.00 |
| Metropolitan Direct | $199.00 |
| ANGIC | $202.00 |
| SECURA | $212.00 |
| Markel American | $216.00 |
| Great Northern | $220.00 |
| American Strategic | $226.00 |
| IDS | $227.00 |
| Aspen American | $228.00 |
| Vigilant | $230.00 |
| Shelter | $234.00 |
| American Modern | $239.00 |
| CENTRAL | $239.00 |
| Federal | $239.00 |
| Pacific | $239.00 |
| American Family | $241.00 |
| Acuity | $242.00 |
| Amica | $242.00 |
| Auto-Owners | $254.00 |
| Century-National | $254.00 |
| Owners Insurance | $254.00 |
| Foremost Grand Rapids, Michigan | $255.00 |
| CSAA | $258.00 |
| Metropolitan Property | $264.00 |
| Safeco | $270.00 |
| Teachers Insurance | $280.00 |
| First American | $281.00 |
| Horace Mann | $292.00 |
| United Fire | $293.00 |
| American Bankers Florida | $300.00 |
| Electric Insurance | $309.00 |
| Trumbull | $325.00 |
| Hartford Fire | $330.00 |
| COUNTRY Mutual | $339.00 |
| Hartford Accident | $343.00 |
| Twin City Fire | $346.00 |
| USAA General | $349.00 |
| Garrison | $362.00 |
| USAA | $362.00 |
| National Casualty | $365.00 |
| Pharmacists Mutual | $366.00 |
| United Services | $393.00 |
| American Family Home | $417.00 |
| Liberty | $443.00 |
| LM Insurance | $466.00 |
| Encompass | $652.00 |
| AIG | $698.00 |
| The Cincinnati | $879.00 |
| Average | $242.36 |
Census
La Junta is a smaller urban city. The city’s population of 6,896 people is slowly declining. On top of that, its average rent is $795, and the average cost of a home hits $42,466. The cost of living is very low, but around 25% of the population lives in poverty.
This may bring about good housing opportunities for opportunistic homeowners. If you have higher income and are able to commute to better areas, then La Junta may be a cheap place to live.
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.
