What are the benefits of bundling?
Until recently, there were countless options available for homeowners insurance in Colorado. In the past few years many carriers applied stricter underwriting guidelines. We have even seen some completely pulling their business out of the state of Colorado. Many carriers won’t write a home policy unless the car and home insurance are bundled.
Catastrophic hailstorms cause significant damage and cost a lot of money. That makes home insurance a huge risk for insurance companies in Colorado.
Insurance carriers in Colorado have been in the negative (losing money) for years now. As a result, there are very limited options when it comes to a “standalone” home policy.
