Home Insurance in Steamboat Springs, Colorado
With a median home value of $981,800, Steamboat Springs is 15% higher than the Routt County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Steamboat Springs was built around 1994. About 2% of homes were built before 1960, about 5 points below Routt County's 8%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Steamboat Springs is 49% single-family homes, 37% apartments in buildings with 5+ units and 6% mobile or manufactured homes.
In Steamboat Springs, about 68% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 41%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 67% of occupied homes in Steamboat Springs are owner-occupied.
In Steamboat Springs, 59% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Steamboat Springs? FEMA's National Risk Index points to wildfire (Relatively Low) in Routt County and Routt County had 264 active NFIP flood policies as of September 2026. See the full Routt 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 | $981,800 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 67% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Routt County | 264 |
| 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)