Insurance Laws Hurting Colorado Wildfire Victims

August 31, 2012

Victims of wildfires that destroyed more than 600 homes this year say Colorado’s insurance laws need to be changed.

State officials told victims attending a hearing in Fort Collins on Wednesday that they have heard complaints that some insurance companies are offering low settlements because the victims are desperate.

According to the Fort Collins Coloradoan, lawmakers will be asked next year to ease the rules for policyholders. Insurance companies say they are following the law.

The Waldo Canyon and High Park fires this summer were the two most destructive wildfires in state history, burning a total of more than 600 homes. The Woodland Heights fire in Estes Park burned about two dozen homes and other buildings.

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