Colorado homeowners in areas prone to wildfires, like Evergreen, are facing challenges with insurance companies dropping coverage despite their efforts to mitigate fire risks. Steve and Jen Hoogendoorn have invested in fire-resistant construction and extensive forest management on their property, but their insurer, Farmer’s Insurance, still decided to not renew their policy citing eligibility requirements. This trend is not unique to the Hoogendoorns, as many homeowners in the foothills are experiencing similar issues.
Despite their proactive measures, the Hoogendoorns have not received credit from their insurance company for the mitigation work they have completed. Insurance companies are assessing risk based on databases and property value, leading to homeowners like the Hoogendoorns losing coverage. Efforts are being made at the legislative level in Colorado to mandate transparency about discounts for mitigation efforts, but this will not immediately help families like the Hoogendoorns.
The Hoogendoorns, and others in similar situations, are left feeling frustrated and abandoned by their insurance companies. There is a gap between the mitigation work homeowners are doing and the recognition they receive from insurance providers. While insurance companies prioritize risk assessment, homeowners like the Hoogendoorns are hoping for acknowledgment and consideration for their efforts in reducing the potential for wildfire damage. The current situation highlights the need for better communication between homeowners, insurance companies, and regulatory bodies to ensure fair treatment and protection for at-risk communities.
