A common mistake by many insurance agents or homeowners is to base their insurance coverage on their mortgage or value of the property.? This is a big mistake, which could result in your home being under insured.? This was the finding of Colorado?s Department of Insurance Commissioner Jim Riesberg in a recent newsletter warning homeowners to make sure they have adequate insurance protection for their dwelling.? This was a result of Commissioner Riesberg spending time with victims of the Colorado fires over the summer.?
Our agency will use replacement cost estimators provided by our insurance carriers before we issue any home insurance proposal to help clients avoid this catastrophe.
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Colorado Dept of Insurance
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