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Elizabeth, CO: local context
Elizabeth is home to about 1,402 residents in Elbert County.
Elizabeth is not known for big-city tourism headlines, and what matters for insurance is local construction, fire protection access, and regional storm patterns.
Homes are mostly single-family properties typical of the Elbert County area; replacement cost, roof age, and construction type still drive most premium differences from street to street.
Hail, wind, and wildfire risk can move premiums quickly in Front Range communities after busy storm years.
Average cost of homeowners insurance in Elizabeth
The typical homeowners insurance premium in Elizabeth, CO is about $3,542 annually for a typical local home (typical local home value about $400,000). For a $300,000 dwelling, expect around $3,124 per year; for a $600,000 home about $4,396; and for a $1,000,000 dwelling about $5,720. Freedom Insurance Group rates are often about 38% lower — near $2,196 per year for a typical home, roughly $1,937 for a $300,000 home, about $2,726 for a $600,000 home, and around $3,546 for a $1,000,000 home.
| Dwelling Coverage Limits | Average Annual Premium (incl. Windstorm & Hail Coverage) |
|---|---|
| $100,000 – $200,000 | $2,429 |
| $200,000 – $300,000 | $2,715 |
| $300,000 – $400,000 | $3,333 |
| $400,000 – $500,000 | $3,773 |
| $500,000 – $600,000 | $4,200 |
| $600,000 – $700,000 | $4,534 |
| $700,000 – $800,000 | $4,811 |
| $800,000 – $900,000 | $5,174 |
| $900,000 – $1,000,000 | $5,537 |
Band premiums are midpoints on the Elizabeth dwelling curve (typical local home value about $400,000). Illustrated estimates, not a quote.
Figures are 2026 market-style estimates for Elizabeth, CO, using a typical local home value of about $400,000. Freedom figures apply an approximate 38% savings vs the local typical premium for illustration. Your quote depends on dwelling limit, roof, deductible, claims, and carrier. Not a guarantee.
How a homeowners policy is built
- Dwelling (A): The limit that rebuilds the house after a covered loss. Set it to follow current local construction costs.
- Other structures (B): Protection for anything detached from the main house, like a garage, shed, or fence.
- Personal property (Coverage C): It protects furniture, clothing, and everyday belongings inside the home, with special limits that may apply to higher-value categories.
- Loss of use (Coverage D): Temporary housing and related costs until repairs are done after a covered claim makes it unlivable.
- Personal liability (E): Protection when the law holds you responsible for injuries to others or damage to their property arising from a covered event.
- Medical payments (Coverage F): When a guest gets hurt on your property, this covers medical costs, frequently with no formal liability claim.
Ways to cut the premium in Elizabeth, CO
| Discount | What it means | Typical amount |
|---|---|---|
| New Home | New construction recently purchased | up to 40% |
| Age of home (5 yrs) | Newer homes | up to 26% |
| Bundle | Home and auto together | up to 25% |
| Upgrades | Electrical, plumbing, heating, roof updates | up to 20% |
| Hail-resistant roof | Class 1–4 impact roof | up to 12% |
| Claims-free | Multi-year claims-free history | up to 5% |
| Security / alarms | Monitored fire or burglar alarm | up to 4% |
| Paid in full | Pay annual premium upfront | up to 7% |
Every insurer sets its own discount menu and sizes. “Up to” is the high end, not a guarantee.
How Elizabeth home insurance premiums differ
Insurers build a Elizabeth policy quote from several connected factors reviewed together. Count on rebuild cost, roof age and material, and local storm or wildfire exposure to move the number most. Deductible choice and claims history can also shift the final price about as much as choosing one carrier over another.
Replacement cost is a straightforward idea: what would it cost to rebuild the house right now, with similar materials, at today’s prices for labor and materials? Since the carrier’s largest possible payout grows with the rebuild estimate, bigger estimates for Elizabeth houses generally raise premiums.
Construction type and roof details count as well: frame versus masonry walls, roofing material, and overall build quality shape how a property performs in wind, hail, and fire seen across Colorado.
Storm, hail, wildfire, and crime scores feed into location risk, and they vary by ZIP code and neighborhood in Elizabeth, so homes with similar rebuild costs can still get different prices.
Underwriters score fire protection using the local protection class and the distance to hydrants and stations; a stronger profile usually means a better rate.
Insurers look at claims history on every quote; fresh claims on the property or household often push the price up whether the Elizabeth policy is new or renewing.
Many insurers weigh a credit-based insurance score where the state allows; a better score usually means a lower premium.
Housing and weather facts for Elizabeth
The NOAA Storm Events Database logged 21 hail reports within about 5 miles of Elizabeth from 2016 through 2025 (15 at one inch or more). The largest was 1.75 inches in June 2023 around Elizabeth.
Half of Elizabeth’s homes were built in or before 1999. Roughly 39% of homes were built in 2010 or later, so discounts for newer construction come up often.
The National Risk Index from FEMA shows elevated ratings for hail (“Relatively Moderate”), wildfire (“Relatively Moderate”), and winter-weather (“Relatively Moderate”) in Elbert County.
From 2000 on, Elbert County has appeared in 4 major disaster declarations; the latest was Severe Storms, Flooding, and Tornadoes (August 2023).
The Census Bureau’s 2020–2024 American Community Survey counts about 812 housing units in Elizabeth, and homeowners occupy close to 94% of the occupied homes. Looking at building types, 94% are detached single-family houses and 4.4% are mobile homes.
For heat, Elizabeth households mostly rely on utility gas (83%) and electricity (15%).
Tornadoes are part of the picture too: NOAA logged 2 tornadoes starting within 10 miles of Elizabeth in 2016–2025, the most intense an EF1 during July 2025.
The Census Bureau counted 1,434 people in Elizabeth at the 2000 Census and 1,358 at the 2010 Census; its July 2024 estimate is 2,773. That works out to about 93% more residents than in 2000.
Earlier hail records help too: SPC data show 74 hail reports within 5 miles of Elizabeth between 1955 and 2015, topped by hail of 4.25 inches on August 10, 2004. 10 of those reports were 2 inches or larger. Federal tornado records from NOAA’s Storm Prediction Center list 30 tornadoes that began within 10 miles of Elizabeth from 1950 through 2015; the strongest was an F2 on June 4, 1983.
Comparing homes in nearby towns? We also have home insurance pages for Ponderosa Park (3 mi), Kiowa (8 mi), and The Pinery (10 mi).
ZIP codes we cover near Elizabeth
80107
Home-and-auto bundles in Elizabeth, CO
The figures below are illustrated averages for bundling, not a quote. Actual savings vary with the carriers and drivers involved.
| Place | 1-car bundle | 2-car bundle | 3-car bundle |
|---|---|---|---|
| Elizabeth, Colorado | $258 | $436 | $636 |
Keep exploring Colorado coverage guides
Get home insurance quotes in Elizabeth, CO
Elizabeth residents get a comparison of 25+ carriers through Freedom Insurance Group. Phone (800) 253-1482 or begin a free home quote online.
