Tag: Colorado insurance

Homeowners insurance in Colorado is more expensive for some

Julie Campbell
cost of Homeowners Insurance

Individuals who have bad credit are paying more to cover their properties, regardless of other factors. For individuals who don’t have a good credit record, if they live in Colorado, it is more than likely that they are paying more in their homeowners insurance premiums than someone with a better credit history but who has a similar property. The results of a recent study have shown that there is a massive difference in insurance premiums based on credit scores. The study was conducted by InsuranceQuotes.com an showed that residents in…

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Report highlights disparity in children’s health insurance

S.Vagus
Children’s Health Insurance Program kids

Report shows that insurance for children is lacking in state-based exchanges and the private market The Wakely Consulting Group has released a report showing the disparity in coverage for children between state insurance exchanges and Children’s Health Insurance Programs. These programs are jointly funded by the federal and state governments and exist to provide insurance coverage to children. In many cases, coverage for children is somewhat lacking in the private market, and this may also be the case for insurance exchanges. These exchanges typically offer policies that are very similar…

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Severe weather brought in $109 million in insurance claims

G. Turner
hail storm severe weather damage

The storms that struck Colorado from May 20 to 22 had left considerable damage in their wake. Homeowners, vehicle owners, and business owners in Colorado all found themselves having to deal with the aftermath of severe weather, and for many, this meant that they were making insurance claims on their policies to help to cover the cost of the damage that was left behind. While some people had to contend with very heavy rain, others were battered with hail. Those who were the most unfortunate found themselves having to manage…

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Colorado health insurance co-op takes a new approach on the insurance business

Logan B.
Colorado Health Insurance

Colorado HealthOP puts a new spin on member governance Colorado’s first health insurance co-operative has begun accepting applications for its board of directors. Colorado HealthOP aims to initiative a major shift in how insurance companies operate in Colorado, setting a new standard in regards to customer service and insurance availability. The co-op has member control as its top priority and intends to allow its members a great degree of engagement within the insurance industry that they have not had before. The Colorado HealthOP aims to accomplish this by inviting its…

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Hail damage claims in Colorado cause insurance companies to brace themselves

H. Cutner
homeowners insurance hail damage storm

As this year proves to be another in which tornadoes and other storms will be damaging, insurers are preparing. Property insurance companies are getting ready for the wave of claims that they are expecting from the tornadoes and hail damage that have resulted from the recent storms in Colorado. Insurers believe that the totals for the claims could be quite significant, and they are bracing for it. At the time that this article was written, no estimates had yet been compiled. However, the Rocky Mountain Insurance Information Association executive director,…

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