Gov. Jared Polis Releases Plan to Lower Colorado Home Insurance Premiums by $800 a Year

Polis wants home insurance premiums to drop by $800, but can he do it?

Colorado residents have faced the highest percentage insurance premium increases measured in any state this decade, Gov. Jared Polis wants to cut premiums by around 20%.

Gov. Jared Polis releases plan to lower Colorado home insurance premiums by $800 a year

Gov. Jared Polis says relief is on the way for Colorado homeowners struggling with high insurance premiums. The governor released a report called Colorado's Roadmap to Reduce Homeowner's Insurance Premiums​.

Colorado governor sets goal of cutting average home insurance costs by $800 annually by end of 2027

Colorado Gov. Jared Polis said he wants to reduce average homeowners insurance premiums by about $800 annually by the end of next year.  The goal, which Polis hopes to achieve through a mix of legislative and executive action, comes in response to a dramatic rise in homeowners insurance costs. Average premiums more than doubled between 2018 and 2023, and Colorado ranks as the sixth-costliest state for homeowners insurance, according to a Colorad…