Home Insurance in Granada, Colorado
The median home value in Granada is $115,300, 28% lower than the Prowers County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Granada was built around 1982. About 35% of homes were built before 1960, about 4 points below Prowers County's 39%.
The housing stock in Granada is 51% single-family homes, 5% apartments in buildings with 5+ units and 41% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
28% of owner-occupied homes in Granada carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Granada has an owner-occupancy rate of 68% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.
89% of homes in Granada are primarily heated with natural gas. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Prowers County's overall risk as Relatively Low, led by hail (Relatively Moderate). Prowers County had 42 active NFIP flood policies as of September 2026. See the full Prowers 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 | $115,300 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 28% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Prowers County | 42 |
| 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)