News
Hail damage driving Colorado’s high insurance rates
13+ hour, 5+ min ago (131+ words) Hail damage driving Colorado's high insurance rates'The Denver Post Colorado is one of the most expensive states in the country for insurance and the hail that regularly batters roofs, cars and crops from one end of the state to the…...
Colorado’s HOAs are getting crushed by insurance. Can anyone help? (Editorial)
1+ mon, 8+ hour ago (513+ words) Fees increase for many reasons, but according to recent reporting by The Denver Post's Aldo Svaldi, some of the biggest increases are a result spikes in property insurance premiums. So profound is the problem in Colorado that in 2024, lawmakers gave…...
Smart homebuyers consider climate risks before buying real estate
2+ mon, 4+ hour ago (452+ words) As temperatures rise, homeowners face increasing financial concerns related to climate change. A LendingTree survey reveals that 51% of homeowners worry about climate-related hazards affecting their homes, with millennials (63%) expressing the greatest concern. Severe storms, hurricanes, and flooding are the top…...
Insurance companies are underinsuring Colorado homes to disastrous results (Opinion)
3+ mon, 3+ week ago (731+ words) Most Colorado homeowners do not have enough insurance coverage to rebuild their house after a total loss. That's according to our new research examining whether homes destroyed in Colorado's Marshall Fire " which burned more than 1,000 houses in suburban Boulder County…...
Colorado among priciest states for homeowners’ insurance. Feeling the pain? The Denver Post wants to hear from you
3+ mon, 3+ week ago (139+ words) Reporter Judith Kohler would like to talk to people who have experienced big increases in their home insurance premiums, haven't been able to renew their policies or can't get a new policy. Colorado continues to be one of the priciest…...
After hail battered this Colorado neighborhood, the HOA sent homeowners $21,000 repair bills
4+ mon, 1+ week ago (998+ words) After a late-summer hailstorm caused millions of dollars in damage to a Colorado Springs neighborhood, residents expected to face some repair costs " but not the nearly $21,000 bill sent to each family by their homeowner's association. The brewing legal battle between…...
Massive central California wildfire threatens more than 800 structures and leaves 3 injured
6+ mon, 1+ week ago (242+ words) The Gifford Fire scorched more than 129 square miles of coastal Santa Barbara and San Luis Obispo counties, with 7% containment, according to a U.S. Forest Service update on Tuesday morning. More than 1,900 personnel are battling the blaze that grew out of at…...
Colorado homeowners grapple with significant hidden costs
6+ mon, 1+ week ago (339+ words) A Bankrate study reveals that Colorado homeowners face extra expenses beyond their monthly mortgage costs. Too many potential homeowners only plan for their down payment and mortgage payment. But the Bankrate study shows Colorado homeowners face an average of $25,766 for…...
Colorado homeowners scramble for affordable coverage as rates skyrocket
9+ mon, 2+ week ago (257+ words) Colorado homeowners feel the pinch as home insurance costs keep climbing. According to an Insurify report, premiums will jump by about 11% this year, with the average annual premium hitting $6,630." Rising costs make it increasingly challenging for homeowners to secure affordable…...
Colorado wants to solve its insurance crisis. But homeowners would have to pay.
9+ mon, 4+ week ago (1455+ words) Rene Osorio of Urban Exteriors uses a hammer to remove nails as he strips a roof of its shingles on Aug. 10, 2017, in Wheat Ridge. Wheat Ridge is still recovering from the May hail storm. The city is struggling to keep…...