More severe weather in Colorado could lead to higher insurance rates

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The Colorado Division of Insurance requires insurance companies to justify why rates go up.

LITTLETON, Colo. — Over the last two weeks, Colorado has seen, which will likely cause insurance premiums to go up when it's time for homeowners to renew.

"We unfortunately have had to replace our roof twice in the six years we have lived in this house, both related to big hailstorms," Rieck said. She told 9NEWS she had to make several insurance claims from the hailstorm last June and the extreme wind that toppled one of her trees last month.

 

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