How to find affordable homeowners insurance in Aurora
Home insurance is an important investment for any homeowner. Along with your personal property, homeowners insurance covers your dwelling against many different perils, including fire, wind damage, vandalism, and theft. Given the relatively frequent occurrence of these incidents and the significant cost of replacing a home, a homeowners insurance policy is a solid investment. The average homeowners policy costs $312 per month in Aurora, Colorado. This is more than double the national average monthly cost of home insurance.
The cost of home insurance factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. The location of your home can also influence how much you pay for homeowners insurance. Some areas are more susceptible to perils like fire, hail, frozen pipes, volcanoes, or other hazards. These can make your insurance policy even more expensive. Find out more info about the specifics of home insurance coverage.
Finding cheap home insurance in Aurora starts with shopping around and comparing policies. Check out the below summary of average homeowners insurance premiums in Aurora to begin your homeowners insurance search with as much knowledge as possible. One thing to note is that the yearly cost of home coverage is determined based on your chosen coverage limits as well as a number of other rating factors.
Table of contents:
- Rates by insurer
- Rates by coverage amount
- Rates by ZIP code
- Rates by deductible amount
- Policy bundling savings
Aurora home insurance by company
Homeowners insurance rates in Aurora vary from one insurance company to another. AAA offers the most affordable home insurance in Aurora, at just $1,139 per year. This compares favorably to the city’s average homeowners premium of $2,833.
To get started with your homeowners insurance policy search, take a look at this list of the cheapest companies in Aurora, Colorado. Then, see our list of which home insurance carriers ranked best for customer satisfaction.
AFFORDABLE HOME INSURERS IN AURORA
| Company | Average Annual Rate |
| AAA | $1,139 |
| Nationwide | $1,837 |
| Liberty Mutual | $1,997 |
| State Farm | $2,080 |
| USAA | $2,370 |
Aurora homeowners insurance prices by coverage level
How much you spend on home insurance coverage is greatly affected by the level of coverage you choose. Homeowners in Aurora who carry $200K in dwelling coverage pay an average of $2,112 per year, while those with coverage up to $400K pay around $3,746 per year.
POPULAR COVERAGE LIMITS IN AURORA
| Coverage Level | Average Annual Rate |
| $100K Dwelling | $1,577 |
| $200K Dwelling | $2,112 |
| $250K Dwelling | $2,726 |
| $400K Dwelling | $3,746 |
Aurora home insurance rates by ZIP code
Depending on which part of Aurora you live in, you may see vastly different home insurance costs. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, your home's location could have a huge impact in what you pay for home insurance.
The cheapest home insurance rates in Aurora are available in 80232. In 80232, the typical home insurance policy costs $2,559 per year — $273 less than the citywide average in Aurora. Find the best places to live in Aurora for cheap home insurance by looking at the following table.
AFFORDABLE HOME INSURANCE AREAS IN AURORA
| ZIP Code | Average Annual Home Insurance Rate |
| 80232 | $2,559 |
| 80228 | $2,592 |
| 80229 | $2,602 |
Other parts of Aurora, however, have homeowners insurance premiums that are higher on average. Such areas might face a higher probability of perils such as severe weather and fires. Similarly, they may also have a higher amount of crimes such as burglary or vandalism. An average annual rate of $3,016 makes 80207 the most expensive ZIP code in Aurora for home insurance.
EXPENSIVE HOME INSURANCE AREAS IN AURORA
| ZIP Code | Average Annual Home Insurance Rate |
| 80207 | $3,016 |
| 80238 | $2,981 |
| 80218 | $2,976 |
Aurora homeowners insurance deductibles
Among the numerous decisions homeowners face when shopping for an insurance policy is how high or low to set the deductible. A deductible is how much your insurance requires you to pay out of pocket toward a claim. Where you set your deductible can be a large factor in the cost of your insurance coverage.
Put simply, a higher deductible means lower insurance rates. As such, if you want lower insurance rates, aim for a higher deductible. Keep in mind that your deductible should only be set as high as you can reasonably pay in the event of a covered loss.
Take a look at the average deductibles offered by home insurance companies and an estimate of what you can expect your premiums to be.
HOME INSURANCE PREMIUMS BY DEDUCTIBLE LEVEL IN AURORA
| Deductible Level | Average Annual Homeowners Insurance Rate |
| $500 | $2,964 |
| $1,000 | $2,726 |
| $1,500 | $2,539 |
| $2,000 | $2,437 |
| $5,000 | $1,915 |
Home and auto insurance bundling in Aurora
If you’re seeking ways to save on your overall insurance costs, consider purchasing your home and auto policies from the same insurance company. Bundling your homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. In fact, bundling policies in Aurora leads to average annual savings of 13%.
CHEAPEST CAR INSURANCE RATES WITH HOME BUNDLE IN AURORA
| Company | Avg. Annual Auto Insurance Rate (With Bundle) |
| USAA | $1,127 |
| GEICO | $1,170 |
| State Farm | $1,386 |
| American Family | $1,421 |
| Farmers | $1,786 |