Colorado homeowners scramble to find affordable wildfire insurance

January 5, 2023January 4, 2023 Nordstrom

Wildfire insurance - Homeowners Coverage

State lawmakers are pursuing a government-run plan for property owners to use as a last resort. Residents of Colorado are well aware of the importance of wildfire insurance, following several years of major blazes. That said, they are struggling to find the coverage they need, particularly at an affordable price. State Representative Judy Amabile (D) has seen her own neighbors and constituents struggling. “I am starting to hear some of my neighbors are not getting renewed and I would have never dreamed I was at risk of a wildfire,” said…

State lawmakers seek to improve Colorado wildfire insurance process

April 1, 2022March 31, 2022 Logan B.

Colorado wildfire insurance - Forest Fire

Victims of the blazes often find themselves underinsured, even after recently updating policies. The majority of the victims of the Marshall fire are seeking to rebuild and return to their lives and communities but are struggling with their Colorado wildfire insurance. Reports are finding that the majority of victims were underinsured even after a recent policy update. Lawmakers are hoping to make changes that will improve the Colorado wildfire insurance claims process to make it easier for victims of natural disasters to rebuild if that is their choice. State Senator…