Home Insurance in Broomfield, Colorado
The median home value in Broomfield is $664,500, close to the Broomfield County median.
The typical home in Broomfield was built around 2002. About 4% of homes were built before 1960, in line with Broomfield County (4%). Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Broomfield, the housing stock is 66% single-family homes, 31% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
71% of owner-occupied homes in Broomfield carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 63% of occupied homes in Broomfield are owner-occupied. The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
71% of homes in Broomfield are primarily heated with natural gas.
Broomfield County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Broomfield County had 89 active NFIP flood policies as of September 2026. See the full Broomfield 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 | $664,500 |
|---|---|
| Median year built | 2002 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Broomfield County | 89 |
| 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)