The average cost of homeowners insurance in Limon, Colorado is $2,150.80. Typical HO-3 premiums protect private owners. Any connection to the policyholder’s personal dwelling is protected under HO-3 insurance.
Limon, Colorado Homeowners Insurance
Limon’s cost of homeowners insurance is higher than the national average, but homeowners have a few options to save money. There are plenty of cheaper companies to choose from. Save money by getting a premium under the Limon average. The true cost depends on your preferences for homeowners insurance.
Here are the top 4 cheapest options:
- AIG – $697
- American Reliable – $753
- American Security – $1,013
- United Fire – $1,055
List of Companies & Rates for HO-3 Coverage in Limon, CO
| Company | Annual Premium |
|---|---|
| AIG | $697 |
| American Reliable | $753 |
| American Security | $1,013 |
| United Fire & Cas Co | $1,055 |
| Grange Insurance | $1,059 |
| Economy Premier Assurance | $1,180 |
| The Cincinnati Insurance | $1,189 |
| Armed Forces Insurance Exchange | $1,244 |
| Pharmacists Mutual | $1,261 |
| Horace Mann | $1,562 |
| Standard Guaranty | $1,590 |
| QBE Insurance | $1,592 |
| Stillwater | $1,655 |
| IDS | $1,659 |
| Great Northern | $1,705 |
| Mountain Valley Indemnity | $1,741 |
| American Strategic | $1,742 |
| Vigilant Insurance | $1,796 |
| Praetorian Insurance | $1,834 |
| Alliance Insurance | $1,866 |
| Federal Insurance | $1,890 |
| Pacific Indemnity | $1,890 |
| American Family | $1,891 |
| Shelter Mutual | $1,900 |
| SECURA Supreme | $1,902 |
| Colorado Farm Bureau | $1,954 |
| Teachers Insurance | $2,003 |
| National Casualty | $2,009 |
| Liberty Insurance | $2,023 |
| Horace Mann | $2,051 |
| ANPAC | $2,096 |
| Metropolitan Direct | $2,097 |
| Farmers | $2,114 |
| LM Insurance | $2,129 |
| SECURA Ins | $2,148 |
| Safeco | $2,150 |
| 360 Insurance | $2,179 |
| Encompass Indemnity | $2,218 |
| USAA | $2,247 |
| CSAA | $2,275 |
| Foremost Insurance | $2,322 |
| ANGIC | $2,430 |
| United Services | $2,483 |
| Acuity | $2,585 |
| Garrison | $2,651 |
| USAA General Indemnity | $2,674 |
| Owners Insurance | $2,726 |
| California Casualty | $2,825 |
| CENTRAL MUTUAL | $2,843 |
| Homesite | $2,877 |
| Esurance | $2,896 |
| Metropolitan | $2,896 |
| Amica Mutual | $2,928 |
| National Farmers | $3,252 |
| Electric Insurance | $3,490 |
| Auto-Owners | $3,495 |
| COUNTRY | $3,955 |
| State Farm | $4,104 |
| Farmers | $4,106 |
| Average | $2150.80 |
Limon, Colorado Condo Insurance
HO-6 insurance covers condominiums and co-ops. In Limon, Colorado, the average for HO-6 homeowners insurance is $462.40. This type of insurance protects casualty risks and assets. If your condominium were to become uninhabitable or injure a guest, you are protected under HO-6.
The average cost of HO-6 insurance is on the lower side. There are more expensive options for the most coverage, and there are incredibly cheap options for budget-conscious policyholders. By going for a cheaper premium, you can save money on cheaper coverage.
Take a look at some of these cheaper options:
- Horace Mann – $317
- Grange Insurance – $270
- Mountain Valley Indemnity – $204
- Secura Supreme – $116
List of Companies & Rates for HO-6 Coverage in Limon, CO
| Company | Annual Premium |
|---|---|
| SECURA Supreme | $116.00 |
| SECURA Ins | $151.00 |
| Economy Premier Assurance | $204.00 |
| Mountain Valley Indemnity | $204.00 |
| 360 Insurance | $210.00 |
| United Fire & Cas Co | $233.00 |
| Colorado Farm Bureau Mutual | $236.00 |
| Metropolitan Property and Casualty | $253.00 |
| Grange Insurance | $270.00 |
| California Casualty | $276.00 |
| Metropolitan Direct | $279.00 |
| Farmers Insurance Exchange | $281.00 |
| ANPAC | $282.00 |
| Farmers Alliance | $290.00 |
| Shelter Mutual | $293.00 |
| National Farmers | $297.00 |
| Foremost Insurance Company Grand Rapids, Michigan | $310.00 |
| Horace Mann | $317.00 |
| ANGIC | $318.00 |
| State Farm | $352.00 |
| CENTRAL MUTUAL | $365.00 |
| Acuity | $371.00 |
| Safeco | $371.00 |
| American Strategic | $373.00 |
| American Family | $381.00 |
| COUNTRY | $384.00 |
| Electric Insurance | $385.00 |
| Great Northern | $413.00 |
| Vigilant Insurance | $435.00 |
| Federal Insurance | $456.00 |
| Pacific Indemnity | $456.00 |
| Auto-Owners | $459.00 |
| Owners Insurance | $459.00 |
| Teachers Insurance | $473.00 |
| Armed Forces | $478.00 |
| Encompass Indemnity | $501.00 |
| Amica Mutual | $514.00 |
| USAA General | $524.00 |
| National Casualty | $566.00 |
| Liberty | $580.00 |
| Stillwater | $581.00 |
| CSAA | $602.00 |
| LM Insurance | $610.00 |
| The Cincinnati Insurance | $653.00 |
| Homesite | $659.00 |
| Pharmacists Mutual | $725.00 |
| AIG | $730.00 |
| USAA | $773.00 |
| United Services | $790.00 |
| Garrison | $822.00 |
| IDS | $899.00 |
| American Bankers Insurance Company of Florida | $915.00 |
| Praetorian Insurance | $1,632.00 |
| Average | $462.40 |
Limon, Colorado Renters Insurance
HO-4 insurance covers the renter’s personal property and any liability on the property. In Limon, Colorado, the average cost of renters insurance is $271.32. Renters insurance tends to stay within the range of the average, and the majority of the policies go for under $1,000.
Saving on an HO-4 insurance policy is easy with a bit of shopping. Tons of cheap options under the Limon average exist. Be sure that cheaper coverages include all of your major assets in case of an accident.
Read about some of the cheaper HO-4 premiums below:
- Shelter Mutual – $234
- IDS Property – $222
- Homesite – $184
- State Farm – $125
- Economy Premier – $110
List of Companies & Rates for HO-4 Coverage in Limon, CO
| Company | Annual Premium |
|---|---|
| Economy Premier Assurance | $110 |
| State Farm | $125 |
| 360 Insurance | $140 |
| California Casualty | $142 |
| National Farmers | $148 |
| Mountain Valley | $151 |
| Alliance | $153 |
| Farmers Insurance Exchange | $168 |
| ANPAC | $176 |
| SECURA Supreme | $180 |
| Colorado Farm Bureau | $183 |
| Praetorian Insurance | $183 |
| American Strategic | $184 |
| Homesite | $185 |
| Grange Insurance | $186 |
| Stillwater | $186 |
| Farmers | $189 |
| ANGIC | $200 |
| Markel American | $216 |
| SECURA | $219 |
| Great Northern | $220 |
| IDS | $222 |
| Acuity | $228 |
| Aspen American | $228 |
| Vigilant Insurance | $230 |
| Shelter | $234 |
| Auto-Owners | $238 |
| Metropolitan Direct | $238 |
| Owners Insurance | $238 |
| American Modern | $239 |
| Federal Insurance | $239 |
| Pacific Indemnity | $239 |
| American Family | $241 |
| Amica Mutual | $242 |
| CSAA | $243 |
| CENTRAL MUTUAL | $244 |
| Century-National | $254 |
| Foremost Insurance Company Grand Rapids, Michigan | $255 |
| Safeco | $270 |
| Metropolitan | $279 |
| Teachers Insurance | $280 |
| First American | $281 |
| Horace Mann | $292 |
| United | $293 |
| American Bankers | $300 |
| Electric Insurance | $309 |
| COUNTRY | $339 |
| USAA General | $349 |
| Garrison | $362 |
| USAA | $362 |
| National Casualty | $365 |
| Pharmacists Mutual | $366 |
| United Services Automobile Association | $393 |
| American Family | $417 |
| Liberty | $443 |
| LM Insurance | $466 |
| Encompass | $652 |
| AIG | $707 |
| The Cincinnati Insurance | $787 |
| Average | $271.32 |
Census
Limon is a rural town based in Colorado. The population of 1,930 is mostly middle-aged residents. Because the population is so small, prices of premiums, household income, and other homeowner costs differ from Colorado’s median.
The median household income of $49,148 falls below Colorado’s median of $69,117. Condos in Limon, Colorado have a median price of $175,213.
Because 23.9% of Limon’s population lives in poverty, cheaper options are a priority. The population grows slowly, so this outlook is not expected to change anytime soon.
Tips for Buying Coverage
Insuring your home is an extensive process that takes time and money. Everyone could use a few tips to make buying homeowners insurance easier. Be sure to keep these things in mind while shopping for homeowners insurance in Limon.
- There is tons of tornado activity in Limon. The town is 19% above the national average for tornado touchdowns.
- Earthquakes are common in Limon. The town is below the Colorado average but above the national average by 39%.
- There is one major hospital in Limon, Prairie View NH. Two other hospitals are within a few miles of the town.
Be sure to account for natural disasters and medical bills before purchasing homeowners insurance. Because there are three hospitals in the area, there are not many options in terms of different health coverages.
Source: We collected these rates from https://www.colorado.gov/dora/division-insurance. Each of the prices may vary, depending on ever-changing rates.
