Question 1

How much does homeowners insurance cost in Colorado Springs?

Accepted Answer

Homeowners insurance in Colorado Springs typically costs $1,800 to $3,200 per year. Your roof age and condition, proximity to hail or wildfire risk zones, and your home actual rebuilding cost are the biggest factors. Bundling home and auto with the same carrier saves most homeowners 10 to 20 percent. Call Holt Agency at (719) 434-5588 for a free personalized quote in Colorado Springs.

Question 2

What does homeowners insurance NOT cover in Colorado?

Accepted Answer

Standard Colorado homeowners policies typically exclude sewer and drain backup, flood damage, earthquakes, underground utility line failures, mold from slow leaks, and equipment breakdown. Most homeowners discover these exclusions during a claim, not when they buy the policy. Sewer backup alone costs $8,000 to $25,000 when it happens and only $50 to $100 per year to add as an endorsement.

Question 3

Does homeowners insurance cover hail damage in Colorado?

Accepted Answer

Yes, but many Colorado policies now use a separate wind and hail deductible of 1 to 2 percent of your home insured value. On a $400,000 home that is $4,000 to $8,000 out of pocket before insurance pays anything. Some policies also pay your roof depreciated value, not replacement cost. The difference can be $10,000 to $15,000 on a single claim.

Question 4

How much is car insurance in Colorado Springs?

Accepted Answer

Full coverage auto insurance in Colorado Springs averages $1,400 to $2,200 per year depending on your driving record, vehicle, age, and ZIP code. Colorado requires minimum liability of $25,000 per person, $50,000 per accident, and $15,000 property damage. About 1 in 6 Colorado drivers carries no insurance, making uninsured motorist coverage essential for drivers near Colorado Springs.

Question 5

Do I need uninsured motorist coverage in Colorado?

Accepted Answer

Yes. About 1 in 6 Colorado drivers carries no insurance. If one of them hits you near Colorado Springs, uninsured motorist coverage pays your medical bills and lost wages. Without it, you absorb those costs yourself. Colorado does not legally require this coverage, which is why most agents do not bring it up.

Question 6

Why did my homeowners insurance premium go up if I never filed a claim?

Accepted Answer

Colorado premiums increased significantly in 2024 due to hail losses, wildfire risk, rising construction costs, and labor shortages, affecting even policyholders who never filed a claim. These are market-wide increases. The important question is whether your dwelling coverage limit also kept pace with today's rebuilding costs. If it did not, you are paying more for less protection.

Question 7

What insurance does a small business in Colorado Springs need?

Accepted Answer

Most Colorado Springs small businesses need general liability insurance, commercial property insurance, and workers compensation, which is legally required in Colorado for any business with employees. A Business Owner Policy bundles general liability and commercial property at lower combined cost and is a good starting point for retail stores, offices, and service businesses.

Question 8

What makes Holt Agency different from other insurance agents in Colorado Springs?

Accepted Answer

Kelli Holt reviews both what your policy covers and what it excludes, in plain English, before a claim reveals it. She has been serving Colorado Springs homeowners, drivers, and business owners for over 25 years with a team of four licensed agents at 5376 Tomah Drive Suite 110, Colorado Springs CO 80918. Call (719) 434-5588 for a free no-obligation policy review.

Question 9

What is Colorado new wildfire building code and how does it affect my homeowners insurance?

Accepted Answer

Colorado Wildfire Resiliency Code took effect July 1 2025 and required local jurisdictions to adopt it by April 1 2026 with full implementation by July 1 2026. It sets minimum fire-resistant material and defensible space standards for new construction and major renovations in wildland-urban interface areas including Black Forest, Broadmoor Bluffs, Woodland Park, and Manitou Springs. Separately, Colorado House Bill 25-1182 takes effect July 1 2026 giving homeowners the legal right to see their wildfire risk score and understand what drives their premium. If you live in a WUI area, now is the right time to review your policy. Call Holt Agency at (719) 434-5588.

Question 10

I live in Black Forest — can I still get homeowners insurance after the wildfire history there?

Accepted Answer

Yes. Black Forest homeowners can still obtain homeowners insurance, but carrier options may be more limited and premiums reflect the wildfire risk in the area. Farmers Insurance offers coverage in wildfire-prone areas with the right mitigation steps in place. We review your current coverage, identify any gaps, and make sure your policy reflects the actual rebuild cost of your home — not just the market value. Call Holt Agency at (719) 434-5588 for a policy review.

Question 11

Does my Broadmoor or Broadmoor Bluffs homeowners policy cover wildfire damage?

Accepted Answer

Wildfire damage is typically covered under the dwelling section of a standard homeowners policy — but what matters is whether your coverage limits are high enough to actually rebuild your home at today's construction costs. Many Broadmoor homeowners are significantly underinsured without knowing it. Colorado new law starting July 2026 also gives you the right to see your insurer wildfire risk score for your property. We do a full coverage review so you know exactly where you stand before a loss happens. Call (719) 434-5588.

Question 12

Do you serve military families near Fort Carson in Fountain and Security-Widefield?

Accepted Answer

Yes. Holt Agency Farmers Insurance serves military families throughout Fountain and Security-Widefield near Fort Carson. Whether you are PCSing in and need coverage before closing, switching from renter insurance to homeowner insurance, or bundling auto and home for the first time, we make the process fast and straightforward. Farmers offers discounts for bundled policies that many military families qualify for. Call (719) 434-5588 to get covered.

Question 13

How do I know if my homeowners insurance covers the real cost to rebuild my home in Colorado Springs?

Accepted Answer

Most homeowners in Colorado Springs are underinsured — meaning their policy limits would not cover a full rebuild at today's labor and material costs. This is especially common in Black Forest, Broadmoor, Woodland Park, and newer Northgate construction where costs have risen sharply. It is not what you are covered for — it is what is excluded that matters most. Holt Agency does a full coverage review to find those gaps before a claim does. Call (719) 434-5588.

Question 14

Do you offer homeowners insurance in Black Forest Colorado Springs?

Accepted Answer

Yes. Holt Agency Farmers Insurance serves Black Forest homeowners with home and auto insurance, wildfire coverage reviews, and policy gap analysis. Black Forest is a designated wildland-urban interface area and many homeowners there face carrier non-renewals or coverage gaps they are not aware of. We review both what your policy covers and what it excludes. Call (719) 434-5588.

Question 15

Do you serve Briargate homeowners with home and auto insurance?

Accepted Answer

Yes. Holt Agency Farmers Insurance serves Briargate homeowners with bundled home and auto coverage, umbrella policies, and HOA-required coverage reviews. Briargate is one of Colorado Springs most active residential communities and bundling home and auto with Farmers is one of the fastest ways for Briargate families to reduce what they pay across both policies. Call (719) 434-5588.

Question 16

Do you provide homeowners insurance in Woodland Park and Teller County?

Accepted Answer

Yes. Holt Agency Farmers Insurance serves Woodland Park and surrounding Teller County communities with homeowners and auto insurance. Mountain homes along Ute Pass face unique wildfire exposure, more limited carrier options, and policies that often do not reflect the real rebuild cost of a mountain home. We review coverage gaps specific to mountain properties and make sure your limits are adequate. Call (719) 434-5588.

Question 17

Do you help new homeowners in Northgate and Gleneagle get the right insurance?

Accepted Answer

Yes. Holt Agency Farmers Insurance serves first-time and new homeowners in Northgate and Gleneagle with homeowners insurance and bundled auto coverage. Northgate is one of Colorado Springs fastest-growing communities and many buyers there need coverage in place before closing. We explain what your builder warranty does not cover and why homeowners insurance matters from day one. Call (719) 434-5588.

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