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Contact: Michael Barry, Insurance Information Institute (Triple-I), 917-923-8245, michaelb@iii.org
NEW YORK, Jan. 3, 2022—Reporters covering the aftermath of Colorado’s wildfires can contact theÌýÌý(Triple-I) for interviews and analysis.
The Boulder County Disaster Assistance Center to serve people impacted by the Marshall Fire. It is situated at the Boulder County Southeast County Hub, 1755 South Public Road, Lafayette, Colo. Insurers are , according to Carole Walker, executive director, Rocky Mountain Insurance Association (RMIA).
The Triple-I subject matter experts listed below can discuss ,Ìýbusiness, business income (interruption), ,Ìýand Ìýcoverage issues while also providingÌý.ÌýÌý
California:
Missouri:
New York:
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Damage caused by fire and smoke is covered under standard homeowners and renters insurance policies. Ìý
A standard homeowners insurance policy covers wildfire-caused property damage to a home’s structure and its outbuildings (e.g., garage) as well as the personal belongings housed on the premises.Ìý
A standard renters insurance policy covers the renter’s personal belongings.
Standard homeowners and renters insurance policies also provide additional living expenses (ALE), sometimes referred to as Loss of Use, to policyholders who either relocated because of a mandatory evacuation order or had their residence rendered uninhabitable due to wildfire-caused property damage.
Water damage caused by firefighters extinguishing a fire is covered under both homeowners and renters insurance policies.
The Triple-I’sÌý demonstrates the power of insurance to mitigate against wildfire risks. It links toÌý, which assesses the wildfire risks individual properties face.
In addition, RMIA’s website offers insights into Colorado’s .
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