While the weather may be cooling down, the conversation on Colorado wildfires is a hot topic year-round. The beauty of our natural surroundings is undeniable, but it also increases the risk of wildfire destruction and loss.
According to the National Park Service, nearly 85% of wildfires are caused by humans. And although we can’t eliminate human error, we can take action to protect ourselves and our homes. A recent report showed that more than 300,000 Colorado homes are susceptible to wildfire, underscoring the critical need for homeowners to take a proactive approach to managing their property risks.
We’ve seen the headlines in other states – major carriers are ceasing new homeowner insurance policies due to escalating catastrophic losses. So, what can homeowners do in the face of so much uncertainty?
Embers from a fire can travel up to five miles, so even homes outside an immediate fire risk zone face the possibility of damage and loss.
Here are a few critical things you can do to protect your home:
These steps aren’t just nice-to-haves – many insurance companies will send a representative to the property to verify that the homeowner has implemented fire mitigation strategies if a home is in an area with high fire danger.
Hope for the best, prepare for the worst. No matter where you live, it’s wise to have a fire action plan in place that’s written, actionable, and achievable so your family knows how to respond in the event of a fire.
Check out this comprehensive guide to creating an action plan.
When navigating the intricacies of policies for homes in wildfire-risk areas, a local advisor can help you create a customized coverage approach.
Talk to your broker about any additional fire protection options, as some carriers will provide free fire defense services if the home is at immediate risk of a wildfire loss.
If you have questions about your property risks or coverage options, CCIG advisors are available to discuss your situation and create a specialized approach for your needs. Reach out to Marr at email@example.com