Higher Homeowners Premiums in Colorado

With 2013 in full swing, more and more homeowners insurance renewals are beginning to show up, and the main thing that everyone is noticing – higher premiums.  This isn’t happening on just certain occasions, unfortunately it’s happening for every person who owns a home in the state of Colorado.

The reason for these increases, which come as a surprise to most people, are a direct result from losses in hail and fire storms in Colorado the past few years.  You should recall some major fires in Fort Collins and Colorado Springs, along with many others that have equaled up to hundreds of millions of dollars in losses.

“Insurance premiums are not impacted by a single disaster but based on claim patterns and trends over a period of years,” said Carole Walker, executive director of the Rocky Mountain Insurance Information Association.

Because of these increases, many are scrambling to find a carrier that will keep their rates as low as possible without sacrificing coverage.  That’s where we come in.  At Colorado Insurance, our professional agents will shop you through 12 A-rated carriers and ultimately get you the best rates in the state.  Don’t feel stuck with your current insurance company… Allow us to generate a quick and easy quote for you and see why at Colorado Insurance – “we protect you better”

 

 

Click here to get a free quote started!

 

 

 

 

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Source: http://www.denverpost.com/recommended/ci_20957022

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