State lawmakers want to study HOA insurance market (CO)

/ Owner - March 12, 2024

When a townhome complex in Louisville lost five buildings in the 2021 Marshall Fire, the homeowners board president expected the insurance would go up.  But not this much.  The Wildflower townhome community’s annual insurance premium went from $65,000 in June 2022 to $437,000 in June 2023, according to board president Mark Appelfeller. He said the costs along with the continued struggles of rebuilding after the fire are excessive.    Read the article…………………………….

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