Colorado Renters Insurance

Finding a renters insurance policy doesn’t need to be stressful. Compare rates by city and carrier below.

How to find affordable renters insurance in Colorado


Renters insurance is a critical — and affordable — form of insurance. It keeps your things safe in the event your rental property suffers damage from a common incident. A renters insurance policy protects items in the event of smoke or fire damage, a wind storm, vandalism, theft and a collection of other calamities.

Unlike auto insurance, renters insurance isn't governed by state legislation. Regardless, there are often differences in renters insurance prices from state to state. Renters insurance costs by state vary depending on the number and value of renters policy claims filed in that particular state, and also on the value of the belongings being insured.

Colorado renters insurance is less expensive than the US average. The typical annual renters insurance rate in Colorado is $175, $10 less expensive than the average across America.

The easiest way to get affordable renters insurance in Colorado is to view prices from multiple insurance companies. Get an idea of typical renters insurance rates in Colorado by referencing the below tables. Remember: your rates may differ, depending on your coverage limits and the valuation of your belongings.


Colorado renters insurance:

  1. By company
  2. Rates by city
  3. Bundling discounts
  4. Frequently asked questions

Renters insurance prices in Colorado by insurer

Renters insurance prices in Colorado can vary based on the insurance company you choose. State Farm offers the best deal on renters policies in Colorado — $127 per year. This is less than the state average cost of $175, providing a 27% price break on average policy costs statewide.

Start looking for a renters policy by reviewing the cheapest Colorado renters insurance carriers, listed below.


CHEAPEST RENTERS INSURANCE COMPANIES IN COLORADO
CompanyAverage Annual Rate in Colorado
State Farm$127
Travelers$129
Allstate$129
Safeco$132
Shelter$152

Colorado renters insurance costs by city

Renters insurance rates in Colorado vary depending on the city. Rates depend on city-specific variables, such as the number of local claims filed, meaning your specific ZIP code impact how much you pay.

The cheapest renters insurance rates in Colorado are available in Longmont. In Longmont, the typical renters insurance policy costs $164 annually — $11 less than the average policy in other Colorado cities. Reference the below table to see the cheapest cities in Colorado for renters insurance.


CHEAPEST RENTERS INSURANCE CITIES IN COLORADO
CityAverage Yearly Renters Insurance Rate
Longmont$164
Fort Collins$165
Loveland$165
Boulder$167
Greeley$168

Colorado renters insurance pricing by coverage tier

The cost of your renters insurance depends on the amount of coverage you carry. Common renters insurance tiers are $25,000 and $50,000 property coverage. In Colorado, the annual cost differential between these levels is approximately $43. If you can afford the up-front expense, it's worth considering.

Coverage LevelAverage Yearly Renters Insurance Rate in Colorado
$25K Property$153
$50K Property$196

Colorado insurance bundling discounts: renters and car

If you want to save on insurance, consider purchasing your renters and auto policies from the same insurance company. Bundling renters and auto insurance in Colorado can save you a substantial sum each month on auto insurance. Bundling policies in Colorado results in yearly savings of $99.


RENTERS AND AUTO INSURANCE BUNDLING DISCOUNTS IN COLORADO
Avg. Yearly Auto Insurance Rate (No Bundle)Avg. 12-Month Auto Insurance Rate (Bundle)Annual Bundle SavingsBundle Savings %
$1,682$1,582$996%


A great way to save is to bundle your renters and auto insurance policies. Compare rates today!


Looking for information about renters insurance for a specific city? Check out our listof the biggest cities in Colorado.

  1. Aurora
  2. Colorado Springs
  3. Denver

Colorado renters insurance FAQs


Is renters insurance required in Colorado?

You're not required to carry renters coverage in Colorado unless the building you're renting does. Otherwise, it is an optional (but recommended) coverage.

What does Colorado renters insurance cover?

This can vary based on your individual needs and company coverage options. Usually, it includes coverage for your contents, liability, medical payments to others, and additional living expenses.



Need renters insurance? Talk to an expert today.

Ross Martin LinkedIn

As a licensed insurance agent, Ross is responsible for researching and writing about all matters related to auto and home insurance. He has a background in writing and education, as well as a master's degree from Royal Holloway, University of London. He has been quoted by CNET, iDriveSafely.com, and Kin Insurance.