How Much is Flood Insurance in Colorado?
The average cost per policy in Colorado through the NFIP is $1,120.51. Depending on where you live, this average could vary substantially! If you're interested in a quote for a private flood insurance policy to compare costs to the NFIP, we offer both! Quote online to compare costs and coverages side-by-side with our quick online quote tool.
Average Costs through the NFIP*
City | Average Cost per Policy |
|---|---|
Denver | $1,230.12 |
Colorado Springs | $1,002.65 |
Aurora | $687.75 |
Fort Collins | $696.16 |
Lakewood | $701.32 |
Thornton | $483.71 |
Arvada | $851.63 |
Pueblo | $1,311.64 |
Westminster | $500.08 |
Centennial | $507.53 |
*NFIP Average Prices as of April 30th, 2025.
Our Private Flood Insurance Prices Are Often Lower!
Our private flood insurance averages are often much lower than those shown above! Get a quote online and find out how much we can save you.
Easily compare top-rated private flood insurance carrier prices with an NFIP quote. We offer both! Quote online to compare prices and save money on flood insurance.
How Do I Save Money on Flood Insurance in Colorado?
To find cheap flood insurance that fits your needs, we suggest you compare both NFIP and top-rated private flood insurance options. We offer both! Use our online quote tool to quickly compare.
We'll show you a side-by-side comparison summary of what's covered by the NFIP vs. private flood insurance. That way, if you need to submit a claim, you're not caught off-guard by what is and isn't covered.
The cost of a claim can be expensive. Most are financially devastated after experiencing a flood if they don't have coverage. Without flood insurance, even a few inches of water can lead to financial ruin. Protecting your home starts with getting a quote.
Do I Need Flood Insurance in Colorado?
Many people underestimate the amount of flooding that happens in Colorado, since it's not on the coastline. But there are many areas in flood zones where flood insurance is required. Even if you're not in a flood zone that requires flood insurance, it does not mean that you're free from the risk of flooding.
Find out if you're in a flood zone! Enter your address into our FEMA Flood Zone Lookup tool.
Does My Homeowner Insurance in Colorado Cover Flooding?
Homeowners insurance generally excludes flood coverage. Obtaining a flood insurance policy is typically left up to the homeowner. If you're looking to get a policy, we offer a 100% online process. You can get a quote started here!
How to Get Flood Insurance Without a Flood Elevation Certificate
Quality flood insurance is available without the added expense and trouble of getting an elevation certificate. FloodPrice can compare the rates for both private flood insurance and the NFIP to make sure you are getting the right coverage for the best price. Check out our quote page now to find out what coverage we can offer.
Flood Insurance Pricing Changes in Colorado
The NFIP recently adjusted its pricing system called Risk Rating 2.0. Their view of risk assessment now aligns more closely with practices that private carriers implemented years earlier.
As a result, most policyholders in Colorado have seen changes to their premiums. According to FEMA, approximately 66% of policyholders nationwide were projected to see price increases with the updated pricing methodology.
Why Did the NFIP Implement Risk Rating 2.0?
FEMA moved away from antiquated pricing based on flood zones and elevation certificates, and moved towards assessing each individual property. These adjustments are intended to more accurately reflect each property's unique flood risk. The following are considered by the NFIP when calculating your premium:
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Distance to water (river, coast, etc.)
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Cost to rebuild
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Flood frequency and types (coastal, riverine, heavy rain)
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Ground elevation and foundation type
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Historical claims and mitigation efforts
Compare NFIP with Private Flood Insurance Premiums Online
At FloodPrice, you can compare NFIP and Private Flood Insurance quotes side-by-side with our quick online quote tool. This makes it easier to find a policy that fits your budget and your needs. While private policies often offer more flexibility and may be less expensive for some, the NFIP still offers robust coverage, especially in high-risk or FEMA-regulated zones.
Need help from a Flood Expert? Call us at 866-503-5663 for personalized assistance.
