June Is the Start of Colorado’s Peak Hail, Flood & Severe Weather Months

June 6, 2011 by Leave a comment

According to RMIIA, June is the start for severe weather. Colorado is known as the hail capital in the world. This is a good time to take out your policy and make sure you have all ends covered.  As we all now Colorado has some of the highest home insurance prices due to this. Rates also haven’t been good in Colorado lately, due to the recession, when insurance companies get a poor return on investment. Other reasons such as higher insurance fraud during recessions, and insured’s who have fallen off the book, doesn’t help. A lot of companies are also starting to go towards a mandatory 1% deductible of the amount the dwelling for all wind and hail losses. Lets take a look at previous catastrophe losses in the past in Colorado.

Home

Date Location
Cost When Occurred
(Millions)
2009 Dollars
(Millions)*
July 20, 2009 Denver Metro
$767.6
—
July 11, 1990 Denver Metro
$625.0
$1.03 Billion
June 6-15, 2009 Denver Metro
$353.3
—
June 13-14, 1984 Denver Metro
$276.7
$571.3
July 29, 2009 Pueblo
$232.8
—
October 1, 1994 Denver Metro
$225.0
$325.7
May 22, 2008 Windsor
$193.5
$192.8
June 8-9, 2004 Denver Metro
$146.5
$166.4
August 11, 1997 Denver Metro
$128.0
$171.1
May 22, 1996 Denver Metro
$122.0
$166.8

Filed under Home Insurance

Unknown's avatarAbout Mark Schneider
I am a certified firearms instructor and use-of-force expert with extensive real-world experience in firearms, security, and defensive tactics. Credentials & Experience: 20+ years of owning, collecting, and shooting firearms. 12+ years in the security industry, including physical security, executive protection, workplace violence prevention, loss prevention, CCTV operations, access control, incident management, and threat assessment. Denver Police Verified Concealed Handgun Permit (CHP) Instructor. Authorized Trainer for Denver Security Guard Training. NRA Certified Firearms Instructor – Pistol, Concealed Carry Weapon (CCW), Rifle, Shotgun, Inside the Home (ITH), Outside the Home (OTH), Range Training & Basic Verification (RTBV), Chief Range Safety Officer (CRSO). USCCA Certified Firearms Instructor – Concealed Carry & Home Defense Fundamentals (CCHDF). Force Science Institute Certified – Use-of-Force Analysis. De-escalation Certified Instructor. Massad Ayoob MAG-40 Graduate. Sig Sauer Academy Graduate – Pistol 103 & Pistol 104. Law of Self Defense – Instructor Program Graduate. Dave Grossman Academy – Completed The Bullet Proof Mind, On Combat, and On Killing courses. Axon Taser Certified Instructor. OC/Pepper Spray Certified Instructor. PPCT Defensive Tactics Certified Instructor. Glock Armorer. Novice Gunsmith. Licensed Insurance Producer. HAM Radio Operator. 8+ years as a teacher and instructor in firearms, self-defense, and related disciplines.

Leave a comment