Home Insurance in Lafayette, Colorado
Homes in Lafayette carry a median value of $686,500 - 9% lower than the Boulder County median.
The typical home in Lafayette was built around 1994. About 6% of homes were built before 1960, about 6 points below Boulder County's 13%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Lafayette is 72% single-family homes, 17% apartments in buildings with 5+ units and 5% mobile or manufactured homes.
In Lafayette, about 74% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Lafayette has an owner-occupancy rate of 66% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
72% of homes in Lafayette are primarily heated with natural gas.
Boulder County had 4,082 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively High). See the full Boulder 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 | $686,500 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 74% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Boulder County | 4,082 |
| 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)