Increase Access Homeowner's Insurance Enterprise

Summary

The bill establishes the Strengthen Colorado Homes Enterprise, a government‑owned business that levies a half‑percent fee on insurers offering multi‑peril homeowner’s policies. The revenue funds grants for resilient roof systems, sets standards, and conducts studies to lower insurer losses from hail, wind and wildfire, aiming to expand insurance coverage and lower premiums. It affects insurers, homeowners in high‑risk areas, and the state’s insurance market.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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