Browsing: wildfire mitigation

New law requires insurance companies to be transparent about wildfire risk discounts and consider mitigation efforts when assessing properties

Colorado has enacted a new law requiring insurance companies to consider homeowners’ wildfire mitigation efforts when assessing premiums, potentially leading to lower insurance costs for residents in fire-prone areas.

New legislation requires insurance companies to consider homeowners’ wildfire mitigation efforts when assessing premiums, potentially leading to lower insurance costs for Colorado residents.

Colorado has introduced legislation requiring insurance companies to consider homeowners’ wildfire mitigation efforts when determining premiums, potentially lowering insurance costs.

Legislation passed by the Colorado House seeks to reduce property insurance costs for residents by increasing transparency in wildfire risk models.

The House approved legislation aimed at reducing property insurance costs by requiring transparency in wildfire mitigation risk models.

A bill passed by the House Business Affairs & Labor Committee in Colorado seeks to lower property insurance expenses by increasing transparency in how wildfire mitigation impacts insurance policies.