w xsaaA proposed state bill made to reinforce roofs on the hail-prone Front Range could bring down home insurance rates in Summit County.
State Sen. Dylan Roberts explained how it might work earlier this week, when he met with county commissioners in Breckenridge.
“I’m hearing some promising things about helping folks update their roofs to deal with hail,” Roberts said. “Hail damage that happens on the Front Range drives everyone’s insurance prices up, and so getting people access to make their roofs more hail-resistant has been a priority and could bring down insurance prices significantly.”
This as-yet-unnamed bill will be introduced next year. It updates a failed measure from last year, HB25-1302, which won House approval but was postponed indefinitely by the Senate. It would have done much more than reinforce roofs, creating a new “enterprise,” essentially a state-owned business, to reimburse homeowners and insurance companies for rising costs.
Colorado today has the sixth-highest home insurance rates, according to a study from Colorado State University. Between 2018 and 2023 rates climbed 58% on average. In Summit and down into Denver, some homeowners are paying hundreds of dollars more every month.
