Colorado wants to hear from homeowners about securing affordable insurance
The state is hosting town halls across the Western Slope this fall
Robert Tann/Vail Daily
In Colorado, the affordability of homeowners insurance continues to present challenges.
Statewide premiums increased by 51% between 2019 and 2022 outpacing the national average according to a 2023 report from the Colorado Division of Insurance. In May 2024, the Denver Post reported that homeowners insurance premiums increased by 30% to 130%.
Presented with these increases, state lawmakers passed a bill in 2023 directing the Colorado Division of Insurance to look into what is affecting these costs and to make policy recommendations.
The division is looking to tour Colorado as part of this directive and hear directly from homeowners who are grappling with increasing rates or facing challenges in securing coverage.
Starting in late September and running through October, Colorado insurance commissioner Michael Conway will be hosting a series of town halls in Yuma, Grand Junction, Durango, Alamosa, Frisco and more.
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The goal of the sessions is to “explore the ways to address the challenges facing the homeowners insurance market” and seek ways to better support individuals struggling, according to a news release.
The town hall schedule includes the following stops:
- 10 a.m. to 12 p.m. on Monday, Sept. 30 in Yuma at the Yuma Public Library (910 South Main St.)
- 1 p.m. to 3 p.m. on Tuesday, Oct. 8 in Grand Junction at the Mesa County Workforce Center ( 512 29 ½ Road)
- 1 p.m. to 3 p.m. on Wednesday, Oct. 9 in Durango at the Durango Community Recreation Center in the Sunlight Community Room (2700 Main Ave.)
- 9 a.m. to 11 a.m. on Thursday, Oct. 10 in Alamosa at Adams State University in the Vista Community Room (71 Stadium Drive)
- 10 a.m. to 12 p.m. on Tuesday, Oct. 15 in Pueblo at Colorado State University Pueblo’s Occhiato Student Center in the Tundra Room (2200 Bonforte Blvd.)
- 9 a.m. to 11 a.m. on Thursday, Oct. 17 in Louisville in the Louisville City Council Chambers at City Hall (749 Main St.)
- The town hall in Frisco is currently being rescheduled, with the date, time and location still to be determined.
To register or find more information on the town halls, visit DOI.Colorado.Gov/Homeowners-Insurance-Affordability-Availability
