Best & Cheapest Homeowners Insurance in Aurora, CO June, 2024

In Aurora, Chubb provides the most budget-friendly homeowners insurance rates, with average annual premiums of $1,540.

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Updated: 05 May 2024
Written by
Bob Phillips
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After a thorough examination of homeowners insurance providers in Aurora, Colorado, we’ve found that Chubb emerges as the most budget-friendly option, offering average annual rates of $1,540. However, it’s essential to recognize that the best insurer for you depends on your specific circumstances.

For instance, if your credit score has suffered, Auto-Owners is the most economical choice, with an average yearly premium of $2,862. Conversely, if you own an older home, Chubb provides competitive rates at $1,904 annually, along with comprehensive coverage.

On the other hand, if you have a newly constructed home, Nationwide offers the most cost-effective solution at $1,396 per year.

Moreover, if you require coverage for valuable personal property, Chubb once again stands out, offering extensive coverage at a reasonable rate of $1,987 per year.

Our comprehensive analysis at Insuranceopedia aims to help you find the perfect fit for your homeowners insurance needs. By comparing customer ratings, evaluating personal experiences, and presenting comparison charts, we strive to provide you with all the necessary information to make a well-informed decision.

How much is homeowners insurance in Aurora, CO?

Chubb provides the most budget-friendly option at $1,540 per year.

As shown below, rates in Aurora exceed the national average. However, they are slightly lower than the average rates for the state of Colorado.

Area Average Annual Rate
National $1,820
Colorado $3,166
Aurora $3,152

Recognizing that insurance rates aren’t stable and can vary significantly depending on several factors is essential.

Best and Cheapest Homeowners Insurance in Aurora, CO

Our Methodology

To identify the most cost-effective home insurance rates in Aurora, we thoroughly examined data from various home insurance review platforms, including those analyzing rates sourced from public filings obtained by Quadrant Information Services. Our assessment combined an average of these rates for this evaluation. However, it's crucial to acknowledge that each company's rates fluctuate regularly and may vary based on your individual circumstances. Additionally, our overall rating incorporates my subjective viewpoint, drawing from fifteen years of experience as a licensed insurance agent and over three decades of purchasing home insurance.

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Quotes Analyzed

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Brands Reviewed

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Years Of Experience

40+

Research Hours

Cheapest Overall Home Insurance In Aurora, CO

Chubb stands out as the most economical option for homeowners insurance in Aurora, CO, with an average annual rate of $1,540.

Company Annual Premium
Chubb $1,540
Allstate $2,370
Nationwide $2,952
State Farm $2,960
Country Financial $4,450

The price of your policy is influenced by several factors, including your location, your home’s value, and your claims history. Chubb provides a balanced blend of affordability and comprehensive coverage.

Cheapest home insurance If You Have Poor Credit

If your credit score isn’t excellent, Auto-Owners offers the most cost-effective solution, with an average annual rate of $2,862

Insurance Company Average Annual Premium
Auto-Owners $2,862
Chubb $3,150
Allstate $3,863
Nationwide $4,624
State Farm $6,650

Your credit score can have a significant impact on your insurance rates, as insurers use it to assess risk. Auto-Owners recognizes the importance of providing fair coverage for everyone, regardless of their financial history.

Cheapest Home Insurance If You Have an Older Home

Homeowners with older homes can secure the most budget-friendly rates with Chubb, averaging $1,904 per year.

Insurance Company Average Annual Premium
Chubb $1,904
Shelter $2,178
Allstate $2,662
State Farm $2,834
Nationwide $2,917

Older homes often come with unique risks and maintenance challenges, which can result in higher insurance costs. Chubb offers competitive rates and comprehensive coverage specifically designed to address the needs of older homes.

Cheapest Homeowners Insurance for Newly Constructed Homes

If you’ve recently purchased a newly constructed home, Nationwide provides the most cost-effective option, with an average annual rate of $1,396.

Insurance Company Average Annual Premium
Nationwide $1,396
Travelers $1,605
Allstate $1,720
USAA $1,771
State Farm $2,248

Newly constructed homes often require specialized coverage compared to older properties, and Nationwide stands out in providing affordable policies tailored to address these specific needs.

Cheapest Home Insurance for Lots of Personal Property

If you own a significant amount of personal property, Chubb provides the most affordable option, with an average annual rate of $1,987.

Insurance Company Average Annual Premium
Chubb $1,987
Travelers $2,623
Nationwide $2,980
State Farm $3,104
USAA $3,652

As your personal property increases, your coverage needs may also rise, potentially resulting in higher premiums. However, Chubb provides comprehensive coverage at reasonable rates, ensuring adequate protection for all your belongings.

Best Homeowners Insurance Companies in Aurora, CO

Selecting the appropriate homeowners insurance isn’t merely a necessity; it’s a strategic decision. With a rich history and diverse cultural heritage, Aurora’s homes mirror the uniqueness of its residents. Therefore, finding an insurance provider offering comprehensive coverage at competitive rates becomes essential.

To simplify your decision-making process, we’ve compiled a list of the top homeowners insurance companies in Aurora, CO. These companies have been evaluated based on their annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Delve into our comparison chart below to find the perfect fit for your home insurance needs.

Ranking Company Annual Premium
1 Chubb $1,540
2 Allstate $2,370
3 Nationwide $2,952
4 State Farm $2,960
5 Aut0-Owners $2,850
6 USAA $3,499
7 Farmers $6,455
8 Country Financial $4,450

Average Home Insurance Rates by Zip Codes

Homeowners insurance prices in Aurora, CO can differ significantly depending on the zip code. Below, you’ll find tables displaying rates for various zip codes in Aurora, along with information on the cheapest and most expensive zip codes in the area for annual home insurance premiums.

ZIP Code Average Insurance Premium (Annual)
80228 $2,597
80232 $2,564
80229 $2,607
80238 $2,986
80218 $2,981
80207 $3,021

Cheapest Zip Codes

ZIP Code Average Insurance Premium (Annual)
80228 $2,597
80232 $2,564
80229 $2,607

Most Expensive Zip Codes

ZIP Code Average Insurance Premium (Annual)
80238 $2,986
80218 $2,981
80207 $3,021

Average Home Insurance Rates in Aurora, CO by Deductible Amount

The chosen deductible amount for a homeowners insurance policy significantly impacts premium rates in Aurora, CO. Below is a breakdown of how average home insurance rates vary among insurers for various deductible amounts:

Deductible Amount Average Annual Premium
$500 $2,974
$1,000 $2,736
$2,000 $2,447
$5,000 $1,925

Average Home Insurance Rates in Aurora, CO By Coverage Amount

One critical factor affecting your premium is the dwelling coverage amount. This represents the maximum sum your insurance provider will pay to rebuild or repair your home if it suffers damage or destruction. Let’s review a comparison chart outlining the average annual homeowners insurance premiums for various dwelling coverage amounts.

Dwelling Coverage Amount Average Annual Premium
$200,000 $2,132
$250,000 $2,746
$300,000 $3,076
$350,000 $3,351
$400,000 $3,766

Average Home Insurance Rates in Aurora, CO by Company

Here’s a comparison table displaying annual premiums from some of the top providers in Aurora, Colorado:

Company Annual Premium
Chubb $1,540
Allstate $2,370
Nationwide $2,952
State Farm $2,960
Aut0-Owners $2,850
USAA $3,499
Farmers $6,455
Country Financial $4,450

How Much is Homeowners Insurance for Other Cities in Colorado?

Here’s a detailed comparison chart that highlights the cheapest companies and their annual premiums across various cities in Colorado:

City Annual Premium
Lakewood $2,772
Colorado Springs $3,251
Denver $3,124
Georgetown $2,376

Getting Online Homeowners Insurance Quotes in Colorado

With informative platforms like Insuranceopedia, finding the perfect coverage for your specific needs is just a few clicks away. By offering quick online quotes from a variety of top-rated insurers, Insuranceopedia allows you to compare rates effortlessly. Simply input your details, and we’ll take care of the rest, presenting you with a range of options tailored to your requirements.

This approach empowers you to confidently select a policy that provides the best value, balancing cost with comprehensive coverage.

FAQs

Who has the cheapest home insurance in Aurora, CO?

In Aurora, Colorado, Chubb offers the most affordable home insurance option, with an annual premium of $1,540.

What is the average cost of home insurance in Aurora, CO?

On average, homeowners insurance in Aurora, Colorado, costs around $3,152 annually.

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