Colorado lawmakers are close to agreement on a slate of insurance changes inspired by homeowners’ complaints after last year’s wildfires.
The state Senate gave final approval this week to a bill aimed at making homeowner insurance easier to use. Changes include giving homeowners more time to file an inventory of the contents of their house after a total-loss claim for reimbursement.
The bill also requires homeowner insurance policies to be written more plainly, so customers understand their coverage.
The bill has already cleared the House, but in a slightly different forms. That means lawmakers will keep negotiating before the bill heads to the governor’s desk.
Topics Catastrophe Natural Disasters Wildfire Homeowners Colorado
Was this article valuable?
Here are more articles you may enjoy.
London Broker Howden Plots Giant Capital Raise on IPO Path
Robotaxi Riders Are Falling Asleep, Sparking Frantic 911 Calls
Viewpoint: The AI Ransomware That Couldn’t Get Paid
India’s Largest Nuclear Power Plant Hit by Data Breach 

