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Proponents of a bill in Colorado say stronger roofs would mean less damage during storms, and lower home insurance costs.
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The new bill would create a fund to offset the costs of major disasters.
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Statehouses across the West are considering reforms to respond to the homeowners insurance crisis. While some are hitting headwinds, concern about the issue isn’t going away.
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Damage from hailstorms is one factor driving up the cost of homeowners’ insurance in recent years in Colorado. And a new report from the state’s Division of Insurance finds that the threat of hail increases costs all across Colorado – not just along the Front Range. Today on In The NoCo: Why hail is behind higher premiums – and what state lawmakers might do to help.
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Homeowners across Colorado may have expected their property tax bills to go down this year.
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A new law allows for this carve out in Nevada
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Report: State legislators should learn from counterparts across the region as insurance crisis growsAs many homeowners face a growing insurance crisis, state leaders across the region are considering reforms. Two groups have recommendations for them as state legislatures begin convening again.
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New data also points to major insurance impacts in places surprising to many, including the Snake River Plain.
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Colorado, like the rest of the country, is experiencing more, and worse, climate disasters, wreaking havoc on people’s homes and their homeowner’s insurance rates.