Colorado launches insurer of final resort — report

0
4
Colorado launches insurer of last resort -- report

Eligibility for a coverage requires candidates to have been declined by three admitted insurers. Protection consists of important perils similar to hearth and lightning, with limits of as much as $750,000 for residential properties and $5 million for industrial buildings. Some further coverages, together with wind and hail, could also be bought. All insurance policies are issued on an precise money worth foundation, in accordance with the report.