Jared Polis: “About one third of the increases are due to fire.”

“Two reasons. Hail and fire. Now, they're in that order in terms of importance. About two thirds of the increases in people's homeowners insurance are due to increased hail damage. About one third of the increases are due to fire. Now, a lot of people instinctually think fire because it's a lot more dramatic. It's obviously devastating for families that have lost their home, like in the Marshall fire.” (01:25–01:29)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.