One of the main requirements of buying any real estate property is affordable property insurance. No lender will mortgage a property unless property insurance is issued and I have never heard of an owner purchasing a property for cash and not obtaining insurance.
Breckenridge and Summit County are in a rather unique location which is why it is a world resort destination, the mountains! With owning a property in the mountains comes insurance requirements that are different to other areas. Homes here are typically near or next to National Forest or forested areas.
Insurance companies are currently scrutinizing insurance procedures and requirements to encourage homeowners to take preventative measures for fire protection. Breckenridge and the other…
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