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Home Insurance Premiums In Limon, Colorado

Home Insurance in Limon, CO: Companies & Premiums

Home Insurance Premiums In Limon, Colorado

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

CompanyAnnual Premium
Average$2150.80
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

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:

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

CompanyAnnual Premium
Average$462.40
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

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:

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

CompanyAnnual Premium
Average$271.32
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

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.

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