Tuesday, April 23, 2013

Wildfires Prompt Colorado Insurance Changes - KKTV

DENVER (AP) -- 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 Monday 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.

Source: http://www.kktv.com/home/headlines/Wildfires-Prompt-Colorado-Insurance-Changes-204164611.html

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