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Insurers estimate Colorado fire damage at $449.7M

4:11 PM, Jul 18, 2012   |    comments
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DENVER - Insurers estimate that recent wildfires in Colorado caused at least $449.7 million in damage.

The figure released Tuesday by the Rocky Mountain Insurance Information Association is based on claims filed so far for houses lost at the High Park Fire in Larimer County and the Waldo Canyon Fire in Colorado Springs.

Authorities had earlier estimated that over 600 homes were destroyed. The damage figure also includes claims for personal belongings and cars lost and living expenses in the fires' aftermath but not commercial losses.

It's expected to grow as claims are processed. Waldo Canyon accounted for the bulk at $352.6 million while High Park homeowners have filed for $97.1 million in damages.

The Associated Press

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