By: Ajay kumar Medagani September, 20, 2019
According to a Gavop analysis, homeowners in Colorado Springs, Colorado, pay an average homeowner's insurance rate of $920 per annum. This is possibly because the crime rate in Colorado Springs is considerably higher than the national average for communities of all sizes in America. The city annually reports about 483 robberies and over 15,309 property crimes. In fact, a resident of Colorado Springs has a one in 30 chance of becoming a victim of a violent or property crime. However, metropolitan areas in Colorado Springs have a much lower property crime rate. This is possibly due to better education rates, quicker response times by the police departments, and higher standards of living.