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May storms carry a $109 million price tag

May storms carry a $109 million price tag

Thousands of Colorado homeowners and drivers have spent the past few weeks meeting with  insurance adjusters, along with car repair shops and roofing contractors getting “the fix” on Mother Nature’s latest round of damaging hail, wind and flooding. The series of May storms have caused an estimated $109.3 million in insured losses resulting from 28,442… Continue Reading May storms carry a $109 million price tag

Hail, not fire, to blame for insurance rate hikes

After the Waldo Canyon fire tore through Colorado Springs, burning 346 homes and threatening hundreds more, homeowners were certain they’d see their insurance premiums increase. And they are, but not because of the fire. It’s because of the growing number of what the insurance industry defines as “catastrophes,” which has been mostly hail in recent… Continue Reading Hail, not fire, to blame for insurance rate hikes

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Among the hail, lightning and wildland fires, the summer season also carries many risks – and reasons to update insurance policies.
Continue Reading Summer: sunshine, lightning, fire and insurance claims

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