In the most recent bimonthly update from the Division of Real Estate, an update was shared on property insurance. This is particularly relevant to appraisers who complete assignments for condominiums or for mountain properties. See the update below.
“From time to time, the Division of Real Estate shares important information from some of our government partners. As real estate practitioners, it should come as no surprise that the cost of insurance in Colorado is on the rise. The Division of Insurance (DOI), a division of the Department of Regulatory Agencies (DORA), has been working to address these rising costs for some time.
Previously, the Division of Real Estate has informed licensees of the Homeowner and HOA Insurance Toolkit, which is designed to help people better understand the current issues, recent work by the DOI, and the Colorado Legislature regarding insurance costs and availability. Now, the Division would like you to know about two additional resources:
1. DOI has developed an important webpage dedicated to insurance affordability and availability.
2. DOI has scheduled an important stakeholder meeting on December 2, 2025. Interested parties can register here”
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