Wildfires are a growing concern across Colorado, especially along the Front Range and in mountain communities. Many homeowners are asking: Is my property still insurable? What are my options if coverage is denied or dropped?
I connected with Felipe Diaz with Front Range Insurance Services, an experienced property and casualty insurance professional, to discuss what’s changing—and what homeowners can do. 
“Wildfire risk continues to be a real pain point,” says Felipe. “Some carriers are limiting or even pulling coverage in high-risk areas. But there’s a new option worth noting—the Colorado FAIR Plan.It will provide state-backed homeowners insurance but should only be considered if all other options have already been exhausted.”
The Colorado FAIR Plan (Fair Access to Insurance Requirements) is now active. It's a last-resort insurance policy for those who can’t find coverage elsewhere. However, it’s important to know that this plan offers limited protection—it only offers depreciated, actual cash value coverage for a home, instead of full replacement cost, and ittypically doesn’t include liability or coverage for detached structures. It’s not a replacement for comprehensive homeowners insurance, but it may be a temporary solution.
Tips for Homeowners:
- Create defensible space around your home by clearing brush and using fire-resistant materials.
- Maintain a home inventory to support claims, if needed.
- Consider a specialist broker who understands high-risk property markets.
As fire seasons grow longer and more intense, understanding your insurance options is essential. If you’re unsure where your current coverage stands, now is a good time to review it with a qualified professional.
Thank you, Felipe for your insights and continued guidance.
We appreciate you!
Neill
This article is intended for informational purposes only and should not be considered insurance advice. Please consult a licensed insurance professional regarding your specific situation.