Coloradans have seen heavy wildfire losses that are expected to reach into the hundreds of millions of dollars. Because of this, insurance companies will most likely raise policyholders’ insurance premiums later down the line to recover for their payouts on the different property damage claims, including:
- Smoke damage
- Crops and vegetation damage
- Personal property damage
- Business closures
- Home and structural damage
- Vehicle damage
Fires not only damage the above-mentioned items, but they also destroy lives and families. Additionally, wildfires cause environmental damage and have the potential to wipe out crops, trees and animals. Wildfire damage can be extensive.
Wildfire damage can also include additional living expenses for residents of destroyed homes. This means that if you are displaced because the blaze destroyed your home or made it unsafe to live in, you should be compensated for your living expenses while it is uninhabitable. These expenses can include hotel bills, food, clothing and more.
This is why it is critical to save receipts for any out-of-pocket expense you and your family may have incurred while you were out of your home due to wildfire damage in Colorado. If you have any questions about your fire insurance claim, call the knowledgeable insurance claim attorneys at the Voss Law Firm at 888-614-7730 to make sure you are getting the appropriate amount of money from the insurance company as your policy states. We will provide you with a free, no-obligation consultation and a free copy of our book Disputes With Your Insurance Company – What All Consumers Need to Know.