Last week I asked all of you How can the state of Colorado help reduce insurance costs? The real estate pros have spoken and as you can see from the chart above, the most selected response is that the state of Colorado needs to stay out of the Colorado Insurance marketplace to keep prices from going from bad to worse
What did real estate pros say about how to reduce insurance costs in Colorado?
I was actually a bit surprised that 17% felt that a bigger push for a public insurance option was the best solution even after we have seen disastrous effects in California from the same proposal. On the flip side 67% felt the legislature should either stay out of the insurance marketplace and/or there is nothing the legislature can do one way or another to solve the insurance crisis in Colorado.
Key insights on how Colorado can reduce insurance rates
Thank you everyone for your participation and insights in my survey. My key takeaway from this survey is that Colorado is in a tough spot with insurance with the majority thinking that the legislature needs to stay out of the insurance marketplace . We will get to see how this all shakes out as our legislature continues to think that the only solution to anything happening in the state of Colorado is to add more and more legislation. Thanks again and stay tuned for upcoming surveys 😊
Additional Reading/Resources:
- https://coloradohardmoney.com/colorado-eliminates-private-property-insurance/
- https://coloradohardmoney.com/category/survey-results/
- https://www.fairviewlending.com/where-should-you-invest-in-real-estate-in-2026/
- https://www.fairviewlending.com/fed-drops-rates-why-did-mortgage-rates-barely-budge/
- https://www.fairviewlending.com/phantom-debt-soars-what-does-this-mean-for-real-estate-2/
- https://www.fairviewlending.com/never-buy-a-residential-condo/
- https://www.fairviewlending.com/the-war-on-landlords/
- https://www.fairviewlending.com/house-prices-hit-another-record-should-you-even-care/
- https://www.fairviewlending.com/root-cause-of-real-estate-price-declines/
- https://www.fairviewlending.com/will-real-estate-fall-to-2020-values/
We are a Private/ Hard Money Lender funding in cash!
If you were forwarded this message, please subscribe to our newsletter
Glen Weinberg personally writes these weekly real estate blogs based on his real estate experience as a lender and property owner. I’m not an armchair reporter/writer. We are an actual private lender, lending our own money. We service our own loans and own commercial and residential real estate throughout the country.
My day job is and continues to be private real estate lending/ hard money lending which enables me to have a unique perspective on the market. I don’t accept any paid sponsorships or ads on my blog to ensure accurate information. I’ve been writing this for almost 20 years and have over 30k subscribers. Please like and share my blogs on linkedin, twitter, facebook, and other social media and forward to your friends 😊. I would greatly appreciate it.
Fairview is a hard money lender specializing in private money loans / non-bank real estate loans in Georgia, Colorado, and Florida. We are recognized in the industry as the leader in hard money lending/ Private Lending with no upfront fees or any other games. We fund our own loans and provide honest answers quickly. Learn more about Hard Money Lending through our free Hard Money Guide. To get started on a loan all we need is our simple one page application (no upfront fees or other games).
Written by Glen Weinberg, COO/ VP Fairview Commercial Lending. Glen has been published as an expert in hard money lending, real estate valuation, financing, and various other real estate topics in Bloomberg, Businessweek ,the Colorado Real Estate Journal, National Association of Realtors Magazine, The Real Deal real estate news, the CO Biz Magazine, The Denver Post, The Scotsman mortgage broker guide, Mortgage Professional America and various other national publications.
Tags: Hard Money Lender, Private lender, Denver hard money, Georgia hard money, Colorado hard money, Atlanta hard money, Florida hard money, Colorado private lender, Georgia private lender, Private real estate loans, Hard money loans, Private real estate mortgage, Hard money mortgage lender, residential hard money loans, commercial hard money loans, private mortgage lender, private real estate lender, residential hard money lender, commercial hard money lender, No doc real estate lender