Updated: November 22, 2024
Advertising & Editorial Disclosure
Protective offers the best life insurance in Arvada, Colorado, for men and women. It has a MoneyGeek score of 92 for both genders. Its average monthly premium is $36 for men and $31 for women. The scores and costs are based on a 20-year term policy with $500,000 coverage.
When deciding on life insurance, consider factors like coverage amount, term length and premium costs. Your unique needs may mean a different company is best for you.
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Arvada, Colorado.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceArvada, COBest Life Insurance Companies in Arvada
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies:
This was done using the average profile with a 20-year term policy and $500K coverage.
Protective offers the best life insurance in Arvada for men and women, with a MoneyGeek score of 92 out of 100 for both. Its average monthly premium is $36 for men and $31 for women.
Top providers for men:
Top providers for women:
Protective's high MoneyGeek score indicates a strong performance in affordability, customer satisfaction and financial stability. These attributes make it a reliable and cost-effective choice for life insurance in Arvada.
Protective is the best life insurance option in Arvada for men and women, with a MoneyGeek score of 91 for both. For women, the average monthly premium is $31, and for men, it's $36. Protective's high scores in customer satisfaction and financial stability make it a reliable choice for life insurance coverage.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
In Arvada, Protective provides the best term life insurance for men and women, with a MoneyGeek score of 92 for both. Its average monthly premium is $17 for men and $16 for women. This company rates highly in customer satisfaction and financial stability.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a straightforward protection option offering financial security for a specified period. For example, a parent might choose term insurance to ensure financial stability for their children until they reach adulthood.
Protective is the best term life insurance provider for men and women in Arvada, with a MoneyGeek score of 92 for both. Men can secure their future with an average monthly premium of $17, while women are quoted around $16 per month.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies based on a 20-year term at $500K coverage.
Protective is the best whole life insurance provider in Arvada for men and women, with a MoneyGeek score of 92 for both. Protective excels in financial stability, customer satisfaction and affordability, offering a solid product that meets the needs of the average person seeking long-term financial security.
Top whole life companies for men in Arvada:
Top whole life companies for women in Arvada:
Whole life insurance provides lifelong coverage and a cash value component, which can be a key part of an individual's financial strategy. For example, someone might choose whole life insurance to ensure their family is financially protected while building cash value that can be borrowed against if needed.
Protective is the leading provider of reliable whole life insurance in Arvada, with a MoneyGeek score of 92 for men and women. This score reflects a balance of affordability, customer satisfaction and financial stability.
Pros:
Cons:
Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies over a 10-year term for $250K coverage.
In Arvada, Protective provides the best universal life insurance for men and women, with a MoneyGeek score of 91 for each. This score suggests that Protective offers a balanced mix of affordability, customer satisfaction and financial stability, making it a solid choice for the average individual seeking universal life insurance.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance is a type of permanent life insurance with flexible premiums and death benefits. For example, a policyholder can adjust their premium payments or the death benefit amount to suit their changing financial needs, which is not typically possible with term life insurance.
Protective is the leading provider of universal life insurance in Arvada for men and women. With a MoneyGeek score of 91 for both genders, Protective is committed to customer satisfaction and financial stability.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best life insurance companies that don't require a medical exam:
We did not weigh affordability as we did not collect any insurance quotes for this category. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams for a 10-year term with $250K coverage if the insuree was in poor health.
In Arvada, Protective is the top provider of the best no-medical-exam life insurance for men and women, with a MoneyGeek score of 91 for each. This score indicates a balance of affordability, customer satisfaction and financial stability, making Protective a reliable choice for individuals seeking coverage without the hassle of a medical exam.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
Life insurance with no mandatory medical exam allows individuals to secure a policy without undergoing a health assessment. For example, someone with a busy lifestyle or a fear of medical procedures might opt for this type of insurance to simplify the process and obtain coverage quickly.
In Arvada, Protective is the premier choice for the best life insurance with no required medical exam. It has a MoneyGeek score of 91 for men and women. This achievement is a testament to the company's commitment to excellence across various metrics.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors:
We derived quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer's age to 70.
In Arvada, Protective offers the best term life insurance for seniors. Its MoneyGeek score is 92 for men and 91 for women. The average monthly premiums are $79 for men and $73 for women.
Age influences life insurance premiums, with costs typically increasing as one gets older. Protective's high score reflects a strong balance between affordability, customer satisfaction, buying process, financial stability and product diversity. This is important for seniors who prioritize value and reliability in their life insurance policy.
| 1 | Protective | $79 | 92 |
| 2 | Mutual of Omaha | $89 | 91 |
| 3 | Nationwide | $80 | 90 |
| 4 | AAA | $103 | 88 |
| 5 | Allstate | $88 | 88 |
| 6 | Prudential | $78 | 88 |
| 7 | Transamerica | $98 | 87 |
| 8 | State Farm | $139 | 85 |
| 9 | Haven | $154 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for people who smoke:
We collected quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer to reflect an active smoker.
In Arvada, Mutual of Omaha provides the best term life insurance for smokers. For men, it has a MoneyGeek score of 90 and an average monthly premium of $87. For women, it has a MoneyGeek score of 88 and an average monthly premium of $86.
Smoking affects life insurance premiums, as insurers consider smokers to be at higher health risks, which often leads to increased costs. Mutual of Omaha's top ranking signifies a harmonious blend of affordability, customer satisfaction and financial stability. These factors are pivotal for individuals prioritizing reliable coverage without overpaying.
| 1 | Mutual of Omaha | $87 | 90 |
| 2 | Nationwide | $91 | 89 |
| 3 | AAA | $95 | 88 |
| 4 | Protective | $120 | 88 |
| 5 | Prudential | $68 | 88 |
| 6 | Transamerica | $85 | 87 |
| 7 | State Farm | $115 | 85 |
| 8 | Allstate | $143 | 84 |
| 9 | Haven | $143 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for young adults:
We collected quotes using a $250K life insurance policy with a 10-year term for a 20-year-old buyer.
For the best term life insurance for young adults in Arvada, Protective stands out with a MoneyGeek score of 92 for men and women. Its average monthly premium is $11 for men and $10 for women. Protective's high MoneyGeek score reflects its affordability, excellent customer satisfaction and financial stability.
Age plays a significant role in the cost of life insurance premiums, with younger adults benefiting from lower rates. Choosing Protective for term life insurance ensures that young adults in Arvada receive a reliable and cost-effective policy.
| 1 | Protective | $11 | 92 |
| 2 | Mutual of Omaha | $13 | 91 |
| 3 | Nationwide | $13 | 89 |
| 4 | AAA | $15 | 88 |
| 5 | Allstate | $13 | 87 |
| 6 | Transamerica | $14 | 86 |
| 7 | Prudential | $15 | 85 |
| 8 | Haven | $16 | 84 |
| 9 | State Farm | $22 | 84 |
| 10 | Bestow | $22 | 83 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies:
We adjusted the weighting to favor affordability for a $250K life insurance policy with a 10-year term.
For the best cheap term life insurance in Arvada, Protective tops the list for men and women. It has a MoneyGeek score of 92 for both genders. Men can expect an average monthly premium of $18, while women pay $16. Protective's high MoneyGeek score is due to its affordability, excellent customer satisfaction and strong financial stability.
Various factors influence life insurance premiums, including age, health, coverage amount and term length. To get the lowest premiums, maintain good health, choose a shorter term and opt for a lower coverage amount.
| 1 | Protective | $18 | 92 |
| 2 | Nationwide | $21 | 91 |
| 3 | Mutual of Omaha | $21 | 90 |
| 4 | Allstate | $21 | 89 |
| 5 | AAA | $24 | 88 |
| 6 | Transamerica | $23 | 88 |
| 7 | Prudential | $23 | 87 |
| 8 | Haven | $28 | 83 |
| 9 | State Farm | $35 | 82 |
In Arvada, the average monthly premium for term life insurance is $29 for women and $35 for men.
Many factors affect the cost of life insurance premiums, including age, health and lifestyle choices. Younger and healthier individuals typically pay lower premiums, and non-smokers often enjoy lower rates than smokers.
The cost of life insurance in Arvada might be higher or lower than the rest of Colorado for several reasons. Local economic conditions can influence premium prices. Areas with higher living costs might see higher insurance premiums. Health statistics and lifestyle factors in Arvada can also play a role. If the local population has a higher prevalence of health issues, premiums might be higher to account for increased risk. Understanding these factors can help you make informed decisions about your life insurance needs.
Protective has the best life insurance for men in Arvada, with a MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for men in Arvada is $36. This cost is based on Protective, which has the highest MoneyGeek score for men.
Protective has the best life insurance for women in Arvada, with a MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for women in Arvada is $31. This rate is associated with Protective, which has the highest MoneyGeek score for women.
Life insurance in Arvada doesn't show significant differences compared to the rest of Colorado. Protective offers top-rated policies in Arvada, similar to other cities. The costs and coverage options remain consistent, ensuring uniformity across the state.
If a life insurance company goes bankrupt in Arvada, state guaranty associations step in to provide protection. These associations cover policyholders up to certain limits, ensuring some level of financial security even in the event of a company's failure.
Arvada residents might need life insurance to provide financial security for their families. It helps cover expenses like mortgages, education and daily living costs in the event of the policyholder's death, ensuring loved ones are financially protected.
To find a lost life insurance policy in Arvada, contact the insurance company directly. If that doesn't work, use state resources like the Colorado Division of Insurance, which can assist in locating the policy.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
