The Homeowners Insurance Reform Act ("CHIRA") was passed by the Colorado Legislature in 2013 and enacted on January 1, 2014. This Act was a direct result of the many catastrophic wildfires that the state had seen in recent years. The devastation these fires caused was widespread and far-reaching and uncovered a hard truth: many Colorado homeowners did not maintain enough coverage under their homeowners’ insurance policies to cover them in the event of a total loss.
After witnessing such total destruction over and over again, and the impact that lack of coverage had on homeowners, the state took action to ensure homeowners had more appropriate coverage. CHIRA provides Colorado's Insured numerous rights and protections relating to their home insurance.