Home Insurance in Denver, Colorado
The median home value in Denver is $616,000, close to the Denver County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Denver was built around 1975. About 34% of homes were built before 1960, in line with Denver County (34%).
The housing stock in Denver is 49% single-family homes and 45% apartments in buildings with 5+ units.
About 73% of owner-occupied homes in Denver have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Denver has an owner-occupancy rate of 49% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
In Denver, 61% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Denver? FEMA's National Risk Index points to hail (Very High) in Denver County and Denver County had 1,011 active NFIP flood policies as of September 2026. See the full Denver 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 | $616,000 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Hail (Very High) |
| Active NFIP policies in Denver County | 1,011 |
| 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)