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Denver 7: Rising homeowners insurance costs add new pressure to Colorado housing market

Rising homeowners insurance costs are becoming a new challenge for Colorado homeowners and buyers, adding pressure to an already-expensive housing market.

People shopping for a home usually focus on location, price and interest rates. Now, experts say insurance premiums are playing a much bigger role in the homeowning process. Colorado Chamber of Commerce President and CEO Loren Furman said the state is facing growing affordability challenges on multiple fronts.

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