Silverton, Colorado, is a historic mining town nestled in the San Juan Mountains of southwestern Colorado. With a population of just under 700, Silverton is celebrated for its well-preserved 19th-century architecture, scenic mountain views, and charming small-town atmosphere. Located at an elevation of 9,318 feet within the 81433 zip code, Silverton is surrounded by striking peaks, including Mount Kendall and Engineer Mountain, which make it a prime spot for outdoor activities like hiking, skiing, and mountain biking. The town’s roots trace back to the silver mining boom of the late 1800s, and many original buildings remain, adding to its historic character and appeal.
Silverton’s housing market includes a mix of historic homes, vacation cabins, and newer properties, with many featuring unique vintage architecture. This diversity attracts families, retirees, and outdoor enthusiasts who value a peaceful setting amidst Colorado’s natural beauty. The remote location offers a tranquil small-town lifestyle, while proximity to Durango provides access to additional amenities and services. Silverton combines its rich history with breathtaking scenery, making it an ideal location for those seeking a historical home or a mountain retreat in the heart of Colorado’s wilderness.
How Much Does Insurance Cost in Silverton?
Insurance costs in Silverton are influenced by the town’s mountain setting and its historic properties. Premiums can vary depending on factors such as the home’s value, the type of coverage needed, and specific location-based risks, including fire zones. Below are typical price ranges for popular insurance policies in Silverton:
- Auto Insurance: Typically costs between $550 to $900 annually, with premiums affected by driving history, vehicle type, and mountain driving conditions.
- Home Insurance: Homeowners can expect to pay between $1,000 to $1,600 annually, influenced by the value of the home, age of the property, and risks like snow, avalanche, and fire zone considerations.
- Renters Insurance: Generally costs between $150 to $250 annually, providing coverage for personal belongings and liability protection for renters.
- Condominium Insurance: Typically ranges from $280 to $450 annually, offering coverage for personal property and liability for condo owners.
- High-Value Home Insurance: For high-value homes in Silverton, premiums may range from $3,000 to $5,500 annually, based on property size, location, and custom coverage needs.
- Fire Zone Insurance: For properties located in designated fire zones, additional coverage may be necessary, typically adding $300 to $800 annually depending on the level of wildfire risk and property location.
Castle Rock Insurance offers customized insurance solutions for Silverton residents. As a local, independent broker with access to over 50 carriers, Castle Rock Insurance provides expert guidance and competitive quotes tailored to meet the unique needs of Silverton’s mountain community.
Get an Insurance Quote to Stay Protected in Silverton
Castle Rock Insurance is the ideal choice for Silverton residents looking for personalized and affordable insurance coverage. As a local, independent broker working with over 20 carriers, Castle Rock Insurance provides tailored solutions that best meet your needs. Discounts are available for bundling, mature drivers, and homes with enhanced security features, helping you secure the most comprehensive coverage at competitive rates.
