Home Insurance in Grand Lake, Colorado
With a median home value of $542,700, Grand Lake is 10% lower than the Grand County median.
The typical home in Grand Lake was built around 1976. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 26% of homes were built before 1960, about 19 points above Grand County's 7%.
In Grand Lake, the housing stock is 72% single-family homes, 16% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Grand Lake, about 41% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Grand Lake has an owner-occupancy rate of 81% and a vacancy rate of 75%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Grand Lake - 62% - are primarily heated with natural gas.
What's the biggest home insurance risk near Grand Lake? FEMA's National Risk Index points to wildfire (Relatively Low) in Grand County and Grand County had 123 active NFIP flood policies as of September 2026. See the full Grand 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 | $542,700 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 41% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Grand County | 123 |
| 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)