Protect your family's home if something happens to you. Compare top carriers and average costs for Colorado residents.
Mortgage protection insurance ensures your family can keep their home by paying off the remaining mortgage balance if you pass away. It provides peace of mind that your loved ones won't face foreclosure during an already difficult time.
Colorado regulates insurance through the Division of Insurance under the Department of Regulatory Agencies. The state offers a 10-day free-look period for life insurance policies.
Colorado has a population of 5.9 million with a median age of 36.9. Mortgage Protection insurance is designed for homeowners with active mortgages, with coverage typically ranging from $50,000 - $500,000.
Compare rates from top mortgage protection insurance carriers.
The table below shows estimated monthly premiums for mortgage protection insurance in Colorado. Actual rates vary based on age, health, and coverage amount.
| Coverage Amount | Est. Monthly Premium |
|---|---|
| $100,000 | From $29/mo |
| $200,000 | From $48/mo |
| $300,000 | From $68/mo |
| $500,000 | From $108/mo |
* Rates are estimates for a healthy individual. Your actual rate may vary.
These are among the most popular and highly-rated carriers offering mortgage protection insurance to Colorado residents:
Working with an independent agent like CoverMeOnline gives you access to quotes from multiple carriers so you can find the best rate.
Compare rates from top mortgage protection insurance carriers.
Colorado residents have access to a wide range of life insurance options including term, whole life, final expense, and IUL policies from major carriers like Mutual of Omaha, AIG, and Transamerica.
The Colorado Division of Insurance licenses companies and agents, reviews rates and forms, handles consumer complaints, and monitors the financial health of insurers operating in the state.
Yes, mortgage protection insurance is available in Colorado and is especially popular given the state's rising home values. Policies can cover your remaining mortgage balance if you pass away.