Simla, Colorado, is a quiet, rural town in Elbert County, situated about 40 miles northeast of Colorado Springs. With around 600 residents, Simla offers a peaceful, close-knit community perfect for those looking for a slower pace of life. Located at an elevation of 6,183 feet within the 80835 zip code, Simla is easily accessible via U.S. Route 24, which runs through town, connecting it to nearby cities and towns. Known for its wide-open spaces and scenic farmlands, Simla provides ample opportunities for outdoor activities like hiking, fishing, and camping in nearby parks and nature reserves.
The housing market in Simla primarily features single-family homes, many located on larger plots that provide plenty of space for gardening and outdoor activities. These spacious properties appeal to families, retirees, and those drawn to a rural lifestyle. Homes in Simla are generally more affordable than those in larger cities, making it an attractive option for buyers seeking value and tranquility. Simla’s neighborhoods offer a blend of privacy and community, with open spaces, low traffic, and a welcoming atmosphere where neighbors enjoy a sense of connection. For those seeking rural living with convenient access to urban amenities, Simla’s charm and location offer the best of both worlds amid Colorado’s plains and foothills.
How Much Does Insurance Cost in Simla?
Insurance costs in Simla are generally affordable, with rates varying based on factors such as home value, location, and specific coverage needs. Below are typical price ranges for popular insurance policies in Simla:
- Auto Insurance: Typically costs between $500 to $800 annually, depending on factors like driving history, vehicle type, and coverage level.
- Home Insurance: Homeowners in Simla can expect to pay between $700 to $1,200 annually, influenced by the home’s value, age, and the property’s rural location.
- Renters Insurance: Generally costs between $120 to $200 annually, providing protection for personal belongings and liability coverage.
- Condominium Insurance: Typically ranges from $250 to $400 annually, covering personal property and liability protection for condo owners.
- High-Value Home Insurance: For high-value homes in Simla, premiums range from $2,000 to $3,500 annually, depending on the size, location, and custom coverage needs.
- Farm & Ranch Insurance: For farms and ranches in Simla, insurance costs generally range from $1,500 to $3,000 annually, based on property size, land use, and specific coverage requirements.
Castle Rock Insurance offers customized insurance solutions for residents of Simla. As a local, independent broker with access to over 50 carriers, Castle Rock Insurance provides expert advice and competitive quotes tailored to the needs of Simla residents.
Get an Insurance Quote to Stay Protected in Simla
Castle Rock Insurance is the ideal choice for Simla residents looking for affordable, tailored insurance coverage. As a local, independent broker, Castle Rock Insurance works with over 20 carriers to provide personalized solutions that fit your unique needs. Discounts are available for bundling, mature drivers, and homes with enhanced security features, helping you save on comprehensive coverage in Simla.
