HomeInsuranceQts

Home Insurance in Springfield, Colorado

With a median home value of $134,100, Springfield is 9% higher than the Baca County median.

The typical home in Springfield was built around 1966. About 40% of homes were built before 1960, about 4 points above Baca County's 37%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

The housing stock in Springfield is 78% single-family homes, 3% apartments in buildings with 5+ units and 9% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

In Springfield, about 39% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Springfield has an owner-occupancy rate of 68% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.

In Springfield, 85% of homes are primarily heated with natural gas.

Baca County has no active NFIP flood policies on file. Its top FEMA-rated hazard is wildfire (Relatively Low). See the full Baca 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$134,100
Median year built1966
Owner-occupied share68%
Share of owner-occupied homes with a mortgage39%
Top county hazardWildfire (Relatively Low)
Home insurance premium$2,492 - statewide average (NAIC, 2023 data)
Key home insurance figures for Springfield, CO

Nearby towns

Sources

Data last updated: 2026-09-29