Home Insurance in Romeo, Colorado
With a median home value of $123,800, Romeo is 36% lower than the Conejos County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Romeo was built around 1985. About 18% of homes were built before 1960, about 11 points below Conejos County's 29%.
In Romeo, the housing stock is 76% single-family homes and 24% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Romeo, about 43% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Romeo has an owner-occupancy rate of 71% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
In Romeo, 42% of homes are primarily heated with natural gas. Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Conejos County's top FEMA-rated hazard is wildfire (Very Low), per FEMA's National Risk Index. Conejos County had 11 active NFIP flood policies as of September 2026. See the full Conejos 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 | $123,800 |
|---|---|
| Median year built | 1985 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 43% |
| Top county hazard | Wildfire (Very Low) |
| Active NFIP policies in Conejos County | 11 |
| 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)