The Steamboat Springs average for HO-3 insurance is on the lower side. HO-3 homeowners insurance applies to private homeowners with personal assets in their home. With an average of $1,140.64 for HO-3 insurance, Steamboat Springs is a good place for private owners to get insurance.
Table of Contents
- 1 Steamboat Springs, CO Homeowners Insurance
- 2 List of Companies & Rates for HO-3 Coverage in Steamboat Springs, CO
- 3 Steamboat Springs, CO Condo Insurance
- 4 List of Companies & Rates for HO-6 Coverage in Steamboat Springs, CO
- 5 Steamboat Springs, CO Renters Insurance
- 6 List of Companies & Rates for HO-4 Coverage in Steamboat Springs, CO
- 7 Tips for Purchasing a Policy
Steamboat Springs, CO Homeowners Insurance
Though the average is on the cheaper side, there are still cheaper options. Take your assets into consideration and the amount of coverage needed. Once you find your total, go for the cheapest premium possible.
Browse the cheaper options here:
- Pharmacists Mutual – $983
- Safeco – $788
- American Reliable – $430
List of Companies & Rates for HO-3 Coverage in Steamboat Springs, CO
| Company | Annual Premium |
|---|---|
| Average | $1140.64 |
| Grange Insurance | $423 |
| American Reliable | $430 |
| Economy Premier Assurance | $518 |
| United Fire & Cas Co | $534 |
| Alliance | $573 |
| ANPAC | $619 |
| Encompass | $686 |
| Farmers | $692 |
| Horace Mann | $694 |
| AIG | $696 |
| 360 Insurance | $702 |
| Colorado Farm Bureau | $711 |
| ANGIC | $712 |
| Mountain Valley | $735 |
| National Farmers | $769 |
| QBE Insurance | $782 |
| Safeco | $788 |
| American Strategic | $802 |
| Teachers Insurance | $813 |
| Metropolitan Direct | $859 |
| IDS | $861 |
| American Security | $896 |
| Horace Mann Property & Casualty | $911 |
| Metropolitan Property and Casualty | $912 |
| American Family | $920 |
| State Farm | $935 |
| Armed Forces Insurance | $951 |
| Pharmacists Mutual | $983 |
| SECURA Supreme | $1,003 |
| Praetorian Insurance | $1,011 |
| Allstate | $1,022 |
| Acuity | $1,045 |
| Farmers Insurance Exchange | $1,052 |
| Stillwater | $1,059 |
| California Casualty | $1,062 |
| Trumbull Insurance | $1,066 |
| Homesite | $1,093 |
| Shelter | $1,095 |
| Esurance | $1,098 |
| Hartford Fire | $1,104 |
| SECURA | $1,139 |
| Twin City Fire | $1,140 |
| Hartford Accident | $1,152 |
| Amica | $1,238 |
| Great Northern | $1,286 |
| The Cincinnati Insurance | $1,321 |
| Standard Guaranty | $1,346 |
| Vigilant Insurance | $1,353 |
| USAA Casualty | $1,398 |
| Electric Insurance | $1,404 |
| Federal Insurance | $1,418 |
| Pacific Indemnity | $1,418 |
| COUNTRY | $1,504 |
| National Casualty | $1,538 |
| CENTRAL MUTUAL | $1,541 |
| United Services | $1,541 |
| USAA Genera | $1,550 |
| Foremost Grand Rapids, Michigan | $1,589 |
| Liberty Insurance | $1,607 |
| CSAA | $1,614 |
| LM Insurance | $1,691 |
| Owners Insurance | $1,981 |
| Auto-Owners | $2,436 |
| Garrison | $5,179 |
Steamboat Springs, CO Condo Insurance
An HO-6 premium applies to condominiums and shared buildings. This is an incredibly important type of insurance. Not only do you have to rely on yourself to prevent an accident, but you have to rely on others as well. Sharing a building with others increases the risk of an accident.
An HO-6 premium runs for a cheaper rate as well. The average cost of an HO-6 premium is $418.81. The HO-6 option is a little pricier, but there are plenty of affordable options for low-income families.
Take a look at some of them here:
- Metropolitan – $213
- Economy Premier Assurance – $161
- SECURA Supreme – $94
List of Companies & Rates for HO-6 Coverage in Steamboat Springs, CO
| Company | Condominium Policy Premiums (HO-6) |
|---|---|
| Average | $418.81 |
| SECURA Supreme | $94.00 |
| SECURA | $126.00 |
| Economy Premier Assurance | $161.00 |
| 360 Insurance | $173.00 |
| ANPAC | $202.00 |
| Metropolitan | $213.00 |
| State Farm | $218.00 |
| Metropolitan Direct | $220.00 |
| ANGIC | $228.00 |
| National Farmers | $228.00 |
| United Fire & Cas Co | $228.00 |
| Colorado Farm Bureau | $239.00 |
| Mountain Valley | $239.00 |
| Grange Insurance | $240.00 |
| Allstate | $251.00 |
| Acuity | $255.00 |
| California Casualty | $268.00 |
| Encompass Indemnity | $283.00 |
| Foremost Grand Rapids, Michigan | $310.00 |
| Farmers Insurance Exchange | $317.00 |
| Shelter | $318.00 |
| Trumbull Insurance | $328.00 |
| Hartford Fire | $334.00 |
| Horace Mann | $336.00 |
| Farmers | $342.00 |
| Hartford Accident | $348.00 |
| CENTRAL MUTUAL | $349.00 |
| Twin City Fire | $349.00 |
| American Strategic | $376.00 |
| Electric Insurance | $381.00 |
| American Family | $384.00 |
| COUNTRY Mutual | $384.00 |
| Great Northern | $394.00 |
| Vigilant Insurance | $413.00 |
| Federal Insurance | $435.00 |
| Pacific Indemnity | $435.00 |
| Armed Forces | $449.00 |
| National Casualty | $457.00 |
| Auto-Owners | $459.00 |
| Owners Insurance | $459.00 |
| Safeco | $459.00 |
| USAA General | $501.00 |
| Teachers Insurance | $519.00 |
| Amica Mutual | $521.00 |
| CSAA | $569.00 |
| Liberty Insurance | $602.00 |
| LM Insurance | $633.00 |
| AIG | $650.00 |
| The Cincinnati Insurance | $655.00 |
| Stillwater | $658.00 |
| American Bankers Insurance Company of Florida | $686.00 |
| USAA Casualty | $741.00 |
| United Services | $767.00 |
| Homesite | $770.00 |
| Garrison | $792.00 |
| Praetorian Insurance | $799.00 |
| IDS | $869.00 |
| Pharmacists Mutual | $877.00 |
Steamboat Springs, CO Renters Insurance
An HO-4 premium applies to renters. Renters insurance is important to cover the landlord and the renter. This is the cheapest type of premium because the renter’s assets do not include the property owned by the landlord. Instead, renters insurance covers accidents and the renter’s own property.
Steamboat Springs’ insurance rates tend to run cheaper than the rest of Colorado. For an HO-4, the average cost is $225.95. Quite a few premiums fit under the average rate in Steamboat Springs. Depending on your family’s income, you can combine the top coverage and affordability.
Take a look at the lower rates for renters insurance in Steamboat Springs:
- Farmers – $201
- Stillwater – $166
- Economy Premier Assurance – $86
List of Companies & Rates for HO-4 Coverage in Steamboat Springs, CO
| Company | Annual Premium |
|---|---|
| Average | $225.95 |
| Economy Premier Assurance | $86 |
| 360 Insurance | $115 |
| ANPAC | $127 |
| National Farmers | $134 |
| Praetorian Insurance | $135 |
| ANGIC | $143 |
| SECURA Supreme | $145 |
| California Casualty | $146 |
| State Farm | $146 |
| Alliance | $162 |
| Allstate Indemnity | $166 |
| Stillwater | $166 |
| SECURA | $180 |
| Farmers Insurance Exchange | $181 |
| Mountain Valley | $182 |
| Acuity | $184 |
| Colorado Farm Bureau | $187 |
| Metropolitan Direct | $187 |
| Grange Insurance | $191 |
| American Strategic | $197 |
| Farmers | $201 |
| IDS | $203 |
| Trumbull Insurance | $208 |
| Homesite | $210 |
| Hartford Fire | $212 |
| American Family | $213 |
| Markel American | $216 |
| Hartford Accident | $219 |
| Twin City Fire | $220 |
| CSAA | $227 |
| Aspen American | $228 |
| CENTRAL MUTUAL | $228 |
| Metropolitan | $236 |
| Auto-Owners | $238 |
| Owners Insurance | $238 |
| American Modern | $239 |
| Amica | $242 |
| Safeco | $253 |
| Century-National | $254 |
| Great Northern | $254 |
| Shelter | $254 |
| Foremost Grand Rapids, Michigan | $255 |
| United Fire & Cas Co | $255 |
| Electric Insurance | $263 |
| Vigilant Insurance | $264 |
| Horace Mann | $275 |
| Federal Insurance | $276 |
| Pacific Indemnity | $276 |
| Teachers Insurance | $280 |
| First American | $281 |
| COUNTRY Mutual | $293 |
| National Casualty | $299 |
| American Bankers | $300 |
| USAA General | $349 |
| Garrison | $363 |
| USAA Casualty | $363 |
| Encompass | $367 |
| United Services | $393 |
| American Family | $417 |
| Pharmacists Mutual | $444 |
| Liberty Insurance | $460 |
| LM Insurance | $483 |
| AIG | $694 |
| The Cincinnati Insurance | $729 |
Tips for Purchasing a Policy
Steamboat Springs has a small population of 12,965, but it is rapidly growing. The median household income exceeds the Colorado average of $69,117. In Steamboat Springs, the median household income is $80,017.
Housing is significantly pricier than the Colorado average at $577,287. The price of houses grew significantly by the year with the median being $264,000 in the year 2000. Also, crime has been on a downslope since the year 2000, and only 10% of the population lives in poverty.
If you are going to purchase a home in Steamboat Springs, the cheapest option is a mobile home. Detached homes reach a mean of $945,376. A richer population lives in the city, so it is recommended to have the income to sustain yourself. Rent in Steamboat Springs is also significantly high, reaching a mean of $1,374.
The majority of the population is urban and pricier. However, there are some rural options for living in Steamboat Springs. Living in a rural area is a good way to save money on housing, so if you are in the lower-income sector, housing further from the city is a good option.
Source
The data for these prices and numbers were collected from https://www.colorado.gov/dora/division-insurance. The prices at the time of writing the article may vary, depending on multiple factors.
