Boulder CO Fire Is Costliest Wildfire in State History

According to 9NEWS in Colorado, insurance officials say that the Fourmile Canyon Fire is the costliest wildfire in the state’s history, with damages estimated at more than $200 million. The cost of damages from this fire surpasses the infamous Hayman Fire of 2002.

According to the Rocky Mountain Insurance Information Association, the wildfire scorched more than 6,000 acres and destroyed 169 homes. Carole Walker, a spokeswoman for RMIIA, says that the claims from the fire are still coming in and are expected to reach $217 million when all is said and done.

Walker says that now is the time for other homeowners to start reviewing their Colorado home insurance policies to make sure they’re covered for the worst. Taking a home inventory can help to ensure that your policy covers everything necessary in your home.

A home inventory consists of taking video and/or pictures of all the possessions in your house. Accompany any videos or pictures with a typed list on paper. Walker suggests storing hard copies of pictures and the inventory list in a safety deposit box, a relative’s home, or a fireproof security box. You should update your home inventory list any time you buy something expensive or “big ticket.”

Need help completing your home inventory? Or, do you just want to review your Colorado homeowners insurance policy? Visit Dagley Insurance’s Virtual Insurance Office at today for more information or call 888.840.7995 to speak with one of our agents!

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