Older apartments in Colorado with higher wildfire score - insurance carriers?

[Mike Dumont]

I have a 12 Plex built in 1966 in mountains of Colorado -  wildfire score is D (I think) -  despite hydrant 100 yards or less away and fire station  2 blocks away.  Had American Family past 4 years and non-renewed this year for no longer offering my product.  Policy was approx $7k a year for $1.8 mil replacement cost.  Now can't seem to find a quote under $26k ?  Woke up in shock I am about to pay $26k in two weeks.  Help me with some suggestions!  Tried all the big ones, Allstate, State Farm, NREIG, Farmers, Lemonade, etc.  Someone tell me their savior!!!    

[Steve K.]

Have you tried an insurance broker? We were looking at a similar situation on a similar property and our broker got us coverage for $10k (up from $7k, but much better than $26k). 

Insurance has been tough lately but CO is working on state-backed insurance options and legislative changes to help the situation, like FAIR (fair access to insurance requirements) which will provide coverage for those who cannot find affordable private insurance. It might get worse before it gets better, but I don't think the insurance issue will be catastrophic for our market.