Rising premiums, non-renewals, and limited coverage options are becoming the new reality for Colorado homeowners, as the state grapples with the impacts of extreme weather, inflation, and a shifting insurance landscape.
A Senate Budget Committee investigation exposes the growing impact of climate change on homeowners’ insurance, revealing increased non-renewals nationwide.
Colorado homeowners’ insurance premiums are skyrocketing, with non-renewals and cancellations on the rise. The article explores the reasons behind the increases, including hail damage, climate change, and inflation.