Home Insurance in Black Hawk, Colorado
The median home value in Black Hawk is $496,200, 14% lower than the Gilpin County median.
The median home in Black Hawk was built in 1939 or earlier. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 85% of homes were built before 1960, about 71 points above Gilpin County's 14%.
In Black Hawk, the housing stock is 100% single-family homes.
About 51% of owner-occupied homes in Black Hawk have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Black Hawk has an owner-occupancy rate of 70% and a vacancy rate of 30%; unoccupied homes typically need a different coverage form.
In Black Hawk, 97% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Black Hawk? FEMA's National Risk Index points to wildfire (Relatively Low) in Gilpin County and Gilpin County had 21 active NFIP flood policies as of September 2026. See the full Gilpin County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Colorado, the statewide average premium for a standard HO-3 homeowners policy is $2,492 per year (NAIC, 2023 data).
Key figures
| Median home value | $496,200 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 70% |
| Share of owner-occupied homes with a mortgage | 51% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Gilpin County | 21 |
| 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)