Home Insurance in Cherry Hills Village, Colorado
Homes in Cherry Hills Village carry a median value of $2,000,000+.
The typical home in Cherry Hills Village was built around 1978. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 16% of homes were built before 1960, about 7 points above Arapahoe County's 9%.
Housing in Cherry Hills Village breaks down to 100% single-family homes.
About 58% of owner-occupied homes in Cherry Hills Village have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 97% of occupied homes in Cherry Hills Village are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Cherry Hills Village - 83% - are primarily heated with natural gas.
FEMA rates Arapahoe County's overall risk as Relatively Moderate, led by hail (Very High). Arapahoe County had 773 active NFIP flood policies as of September 2026. See the full Arapahoe County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Colorado carries a statewide average premium of $2,492 per year.
Key figures
| Median home value | $2,000,000+ |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 97% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Hail (Very High) |
| Active NFIP policies in Arapahoe County | 773 |
| Home insurance premium | $2,492 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)