Sunday, December 15, 2013

Homeowners in wildland interface must understand their insurance policies



Linda Masterson and her husband lost their home and 72-acre tree farm during a Colorado wildfire in 2011. Ms. Masterson was a speaker at NFPA's 2013 Backyards and Beyond conference. She said homeowners in the wildland interface must understand their insurance policies: what's covered, what's not covered, homeowner responsibilities, etc. She says homeowners also have to understand what it would cost to rebuild their homes in today's dollars and today's building codes. She says at least 1/2 of people who lose their house in a wildfire are under-insured by 25%.

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