Home Insurance in Montezuma, Colorado
The median home value in Montezuma is $854,200, 9% lower than the Summit County median.
The typical home in Montezuma was built around 2000. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 29% of homes were built before 1960, about 27 points above Summit County's 3%.
In Montezuma, the housing stock is 100% single-family homes.
About 100% of owner-occupied homes in Montezuma have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 35%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 72% of occupied homes in Montezuma are owner-occupied.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Montezuma, 81% of homes are primarily heated with propane.
Summit County had 317 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Moderate). See the full Summit County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Colorado is $2,492 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $854,200 |
|---|---|
| Median year built | 2000 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 100% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Summit County | 317 |
| 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)