Home Insurance in Gunnison, Colorado
With a median home value of $461,000, Gunnison is 26% lower than the Gunnison County median.
The typical home in Gunnison was built around 1981. About 22% of homes were built before 1960, about 9 points above Gunnison County's 13%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Gunnison, the housing stock is 62% single-family homes, 19% apartments in buildings with 5+ units and 7% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Gunnison, about 68% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Gunnison has an owner-occupancy rate of 49% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
46% of homes in Gunnison are primarily heated with natural gas. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Gunnison? FEMA's National Risk Index points to wildfire (Relatively Low) in Gunnison County and Gunnison County had 133 active NFIP flood policies as of September 2026. See the full Gunnison 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 | $461,000 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Gunnison County | 133 |
| 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)