Governor Polis and Division of Insurance Announce Call for Coloradans to Apply to the Strengthen Colorado Homes Enterprise Board

DENVER ~ Denver, CO - In an effort to lower the cost of housing and tackle high insurance costs, Governor Jared Polis and the Colorado Division of Insurance (DOI) have announced an open call for qualified individuals to apply to the Strengthen Colorado Homes Enterprise Board. This board was created by SB26-155, which was recently signed into law by Governor Polis.

The Strengthen Colorado Homes Enterprise will be responsible for implementing a grant program aimed at helping homeowners fortify their roofs against hailstorms. This initiative is expected to save Coloradans money on their homeowners insurance premiums.

Governor Polis stated, "The high cost of homeowners insurance is driving up the cost of housing. Colorado is laser focused on lowering the cost of housing, and tackling high insurance costs." He also shared his bold goal of saving Coloradans an average of $800 per year on homeowners insurance and emphasized the importance of increasing the ability to protect homes from hail and fire in order to drive down premiums for everyone.

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Colorado Insurance Commissioner Michael Conway also expressed his support for this initiative, stating that mitigation is the first line of defense against damage to homes and rising premium costs. He urged qualified individuals to apply for positions on the Enterprise Board in order to help set up and run the grant program.

The Enterprise Board will consist of seven members, including the Colorado Insurance Commissioner, experts in home hardening, and representatives from insurers, consumers, and counties. The legislation stipulates specific criteria for each board member, including expertise in homeowner's insurance, home hardening or other risk mitigation activities.

Interested individuals can apply through the Colorado Boards and Commissions website application form by selecting the "Strengthen Colorado Homes Enterprise" Board option. For any questions or inquiries, they can email gov_officeofboardsandcommissions@state.co.us.

This initiative highlights Colorado's commitment to protecting its residents' homes and reducing financial burdens through proactive measures. With a strong team of qualified individuals on the Enterprise Board, the state is confident in its ability to achieve its goal of saving Coloradans money on homeowners insurance.

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