Watch for key insurance deadlines before the two-year anniversary arrives
As the two-year anniversary of the Black Forest Fire approaches, United Policyholders has emailed a reminder that there are important deadlines in insurance policies and Colorado law that may come up at the two-year mark that will affect your claims and your rights. Some of these deadlines may include:
- The expiration of your additional living expense/loss of use benefits
- A firm deadline for suing your agent, broker or insurance company
- A deadline for collecting full replacement value on contents or dwelling
- A deadline for submitting proofs of loss, inventories, receipts and estimates
If you have not reached an acceptable insurance settlement, United Policyholders recommends that you communicate with your insurer as soon as possible. Click here to read the entire email from United Policyholders, which includes many details, and links to helpful resources such as sample letters.
New help is available for fire-affected businesses
New grant funding is available to help businesses and non-profits that were impacted by the Black Forest Fire, or by the floods of September 2013.
The Recover Colorado Business Grant and Loan program has received a second round of funding to meet needs that have not been addressed through other sources of public and private assistance (such as the Federal Emergency Management Agency and Small Business Administration).
Applications for this program are now available. The application deadline is July 31, 2015.
If business owners were not able to qualify for earlier help from this program, they may qualify now. Two important changes and process improvements have been made for the second round of Recover Colorado Grants and Loans:
- The minimum annual revenue eligibility requirement has been lowered to $15,000 per year for all businesses. This lower requirement will be retroactively applied to all applicants, including existing applicants from the first round.
- The requirement that businesses have applied for other forms of assistance before applying for CDBG-DR funds has been eliminated. The elimination of this requirement will be retroactively applied to all applicants, including existing applicants still being processed from the first round.
The Colorado Springs Small Business Development Center (SBDC) is providing free services to help business owners take advantage of this opportunity. SBDC staff will work one-on-one with business owners to confirm if they are eligible, and assist with the application process and follow-up documentation.
There are two ways for interested business owners to get more information about this program:
- Visit http://dola.colorado.gov/cdbg-dr/content/recover-colorado-business-grant-and-loan-program
- Contact Liz Hershberger, SBDC Disaster Relief Program Coordinator, at 719-667-3803, 719-667-3812 or email@example.com
Black Forest Discount Cards Still Available
The BFT Discount Card is a win-win way to help Black Forest families and local businesses recover together. Our families get a price break on the things they need to rebuild their homes and restore their land. And businesses – especially our local Black Forest businesses – get a valuable opportunity to showcase their products or services. Click here to see the current list of participating businesses.