Home Insurance in Summit County, Colorado
With a median home value of $939,900, Summit County is 74% higher than the Colorado median.
The typical home in Summit County was built around 1989. About 3% of homes were built before 1960, about 13 points below Colorado's 16%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Summit County breaks down to 50% single-family homes, 43% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
66% of owner-occupied homes in Summit County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Summit County has an owner-occupancy rate of 72% and a vacancy rate of 61%; unoccupied homes typically need a different coverage form.
58% of homes in Summit County are primarily heated with natural gas.
The top hazards for Summit County, per FEMA's National Risk Index, are hail (Relatively Moderate), winter weather (Relatively Moderate) and inland flooding (Relatively Low).
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Summit County has 317 active NFIP flood policies on file.
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 | $939,900 |
|---|---|
| Median year built | 1989 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 66% |
| Top hazards (FEMA National Risk Index) | Hail (Relatively Moderate), Winter Weather (Relatively Moderate), Inland Flooding (Relatively Low) |
| Active NFIP flood policies (county) | 317 |
| Home insurance premium | $2,492 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)