Freedom Insurance Group serves Lakewood, CO by providing side-by-side homeowners quotes from 25+ companies.
What makes Lakewood, CO different
Lakewood counts roughly 152,597 residents, part of the Denver metro area.
Lakewood is located in the Denver metro area, and there everyday insurance shopping is shaped more by the features of each home and carrier appetite than by any single landmark.
Local housing is a mix of single-family homes typical of the Denver metro area, but replacement cost, roof age, and construction type still explain most premium differences from street to street.
Hail, wind, and wildfire can move premiums quickly in Front Range communities after active storm seasons.
Home insurance prices in Lakewood, CO
The typical homeowners insurance premium in Lakewood, CO is about $4,670 annually for a typical local home (typical local home value about $548,200). For a $300,000 dwelling, expect around $3,479 per year; for a $600,000 home about $4,895; and for a $1,000,000 dwelling about $6,370. Freedom Insurance Group rates are often about 40% lower — near $2,802 per year for a typical home, roughly $2,087 for a $300,000 home, about $2,937 for a $600,000 home, and around $3,822 for a $1,000,000 home.
| Dwelling Coverage Limits | Average Annual Premium (incl. Windstorm & Hail Coverage) |
|---|---|
| $100,000 – $200,000 | $2,705 |
| $200,000 – $300,000 | $3,023 |
| $300,000 – $400,000 | $3,712 |
| $400,000 – $500,000 | $4,202 |
| $500,000 – $600,000 | $4,677 |
| $600,000 – $700,000 | $5,049 |
| $700,000 – $800,000 | $5,358 |
| $800,000 – $900,000 | $5,762 |
| $900,000 – $1,000,000 | $6,167 |
Band premiums are midpoints on the Lakewood dwelling curve (typical local home value about $548,200). Illustrated estimates, not a quote.
Figures are 2026 market-style estimates for Lakewood, CO, using a typical local home value of about $548,200. Freedom figures apply an approximate 40% 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
- Coverage A, dwelling: Money to rebuild the structure after a covered loss. It should keep pace with current local construction costs.
- Other structures (Coverage B): This part protects detached features such as a garage, shed, fence, or similar buildings that are not attached to the main house.
- Personal property (C): Pays for belongings in the home: furniture, clothing, and everyday items. Valuables like jewelry can be subject to special limits.
- Coverage D, loss of use: This coverage can help with additional living expenses when a covered claim makes the home temporarily unlivable during repairs.
- Personal liability (E): Coverage for times when the law holds you responsible for another person’s injury or property damage arising from a covered event.
- Coverage F, medical payments: It can help pay guest medical bills for injuries that happen on your property, often without needing a formal liability claim.
Common discounts for Lakewood, CO homeowners
| 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% |
Discount availability and amounts vary by carrier. “Up to” marks the top of the range, not a promise.
What drives home insurance costs in Lakewood
Multiple interlocking factors go into a Lakewood home premium, and underwriters weigh them as a set when they build a quote. Look for rebuild cost, the roof’s age and type, and local storm or wildfire exposure to move the number most. Deductible choice and claims history can also shift the final premium about as much as choosing one carrier over another.
Rebuilding your house in comparable materials at today’s labor and supply prices defines what replacement cost measures. When a Lakewood home has a higher rebuild estimate, the price tends to climb, as the carrier’s maximum payout grows.
Construction type and roof details also matter: frame versus masonry walls, roofing material, and overall build quality all affect how a property fares in the wind, hail, and fire events common across Colorado.
Scores for storms, hail, wildfire, and crime make up location risk, and they vary from one Lakewood ZIP code or neighborhood to the next, so houses with comparable rebuild costs can still get different prices.
Underwriters score fire protection using protection class and how far away hydrants and stations are; better protection tends to mean lower pricing.
A recent claim on the property or by the household may lift rates whether a Lakewood policy is renewing or new, since claims history is a big rating factor.
Credit-based insurance score also plays a role in states that allow it: insurers relying on it usually charge less for stronger scores.
Home-and-auto bundles in Lakewood, CO
These are illustrated averages for bundling, not a promise. Actual savings come down to carriers and drivers.
| Place | 1-car bundle | 2-car bundle | 3-car bundle |
|---|---|---|---|
| Lakewood, Colorado | $258 | $436 | $636 |
Lakewood neighborhoods
- Green Mountain
- Carmody Estates
- Green Gables
- Westgate
- Edgemont
- Lochwood Landings
- Garrison Square I
- Garrison Square II
- Carmel Waterfront
- Falls
- Silver Tree
- Ponderosa Ridge
- Shadow Hills
- Nevada Place
- Parkview Terrace
- Alta Green Mountain
- Blue Sky Landing
- The Terrace at Green Mountain
- The Overlook at Bear Creek
What public data says about Lakewood homes
Named places the USGS records in and around Lakewood include Green Mountain Village, Green Mountain, Carmody Estates, Green Gables, College West Estates, and Westgate. Rates can still differ from one section to the next based on build era, roof, and fire protection.
FEMA’s National Risk Index flags hail (“Very High”), tornado (“Relatively High”), wildfire (“Relatively High”), and winter-weather (“Very High”) in Jefferson County.
For heat, Lakewood households mostly rely on utility gas (71%) and electricity (26%).
The median home in Lakewood was built in 1977. About 56% of homes predate 1980, which means system and roof updates can change eligibility and price.
Since 2000, Jefferson County has appeared in 4 major disaster declarations; the most recent is Severe Storms, Flooding, and Tornadoes (August 2023).
ACS 2020–2024 estimates put about 73,547 housing units in Lakewood, and owner-occupants live in close to 58% of the occupied homes. By structure type, 46% are detached single-family houses and 42% are in buildings with two or more units.
NOAA storm records show 102 hail reports within about 7 miles of Lakewood from 2016 through 2025 (87 at one inch or more). The biggest measured 2.75 inches in May 2017 near Edgewater.
Lakewood was platted on July 1, 1889 and incorporated on June 24, 1969. The Census Bureau counted 144,126 people in Lakewood at the 2000 Census and 142,980 at the 2010 Census; its July 2024 estimate is 156,868. Numbers have held fairly steady since 2000.
Earlier hail records help too: SPC data show 102 hail reports within 5 miles of Lakewood between 1955 and 2015; the biggest stones, 2.75 inches, fell on May 7, 1977. 3 of those reports were 2 inches or larger. NOAA Storm Prediction Center records list 16 tornadoes that began within 10 miles of Lakewood from 1950 through 2015; the strongest was an F2 on June 3, 1981.
Comparing homes in nearby towns? Nearby home insurance pages: West Pleasant View (4 mi), Applewood (4 mi), and Edgewater (5 mi).
Lakewood-area ZIP codes we insure
80123 · 80214 · 80215 · 80226 · 80227 · 80228 · 80232 · 80235 · 80401 · 80465
