After the Marshall fire, the state of Colorado embarked on a process to eliminate private property insurance. The first step the legislature took was to implement a study of why clean up from wildfires was inadequate and why insurance companies should be on...
In my last blog post, Biggest Mistake by property owners in a wildfire. The results were pretty in line with what I would have predicted with the overwhelming majority feeling that Coloradoan’s are substantially underinsured. Please see below for the details ...
In the last several weeks, I’ve had two deals fall through due to insurance. One was on a rural property that they could not find reasonable insurance on, and the other was on a condo in Denver that was under insured due to the huge jumps in insurance costs for the...
With three wildfires burning in the front range as I write this and thousands evacuated, it is crucial to know the number one mistake that is made in a wildfire disaster. Do you know what the significance of the picture of the government facility above? Being a...
Just like in California, Colorado recently passed a bill to create a statewide insurance plan to write insurance policies in high risk areas. Why are most major insurers now leaving California? What does this mean for the future of property insurance in Colorado?...
Colorado has not learned from the debacles in Florida and California and instead created their own public property insurance plan in the recent legislative session. Furthermore, the government now dictates the amount of insurance that must be provided by carriers. ...
State lawmakers are preparing to introduce a bill in the legislature that would create a state sponsored governmental program offering basic home insurance to the growing number of Colorado homeowners who say they can’t get coverage from private companies because the...
