News

The Journal
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Home insurance rates rising in La Plata County amid growing wildfire risk

19+ hour, 55+ min ago  (887+ words) Bob Wolff thought he did everything right when mitigating the fire danger around his home at Animas Air Park ahead of what officials expect could be an active wildfire season. The mitigation work he has been doing " namely removing flammable…...

The Journal
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UPDATED Survey: What is your experience with home insurance and wildfires?

1+ week, 22+ hour ago  (182+ words) Another warm, dry winter has residents, fire departments and insurance providers worried in La Plata County. Insurance rates have more than doubled in Colorado since 2018, according to Colorado State University's Regional Economic Development Institute. Additionally, insurance policy non-renewal rates grew…...

The Journal
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Heinrich bill targets New Mexico’s wildfire insurance crisis

7+ mon, 4+ day ago  (435+ words) New Mexico homeowners facing skyrocketing insurance premiums and policy cancellations could benefit from federal legislation aimed at understanding how wildfires drive the insurance crisis affecting one in eight properties in the state. U.S. Sen. Martin Heinrich, D-N.M., and Sen. Tim Sheehy,…...

The Journal
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New study says Colorado has sixth-highest homeowners insurance premiums

8+ mon, 1+ week ago  (200+ words) A new study shows that Colorado ranks sixth among states with the highest annual average homeowners insurance premium, placing it among the top 10 states across the country. Colorado's ranking fits squarely in Montezuma County, where the affordability of housing remains…...