Colorado launches insurer of final resort — report

Eligibility for a coverage requires candidates to have been declined by three admitted insurers. Protection consists of important perils resembling hearth and lightning, with limits of as much as $750,000 for residential properties and $5 million for industrial buildings. Some extra coverages, together with wind and hail, could also be bought. All insurance policies are issued on an precise money worth foundation, in keeping with the report.