For those who are restoring their home, the Smoke-and-Ash Program requires an initial Claim Statement and an updated Summary of Loss issued within the last six months or final statement of total insurance proceeds. CFBC’s Rebuild Grant requires an initial Claim Statement and a Summary of Loss that shows it is final or, if still open, that has been issued within the last 90 days.

Impact Development Fund will request an updated Summary of Loss. The Summary of Loss document’s name may also vary agency to agency (other examples include: Settlement Summary, Statement of Loss, or Coverage Payment Summary).  This document will indicate an open insurance claim, how much has been paid out to date for all insurance coverages, and what remains to be paid. This will be a document issued by your insurance agency and should not be an editable form (i.e. Word Document), an excel document, or anything else that can be doctored.. 

We will not accept self-appraisals in lieu of direct documentation from your insurance carrier.  The purpose is to help confirm a more accurate, up-to-date picture of your insurance payout, and thus helps confirm the “rebuilding gap” number — the difference between costs to rebuild and insurance received.

If you have not received a recent Summary of Loss, you can request one from your insurer. Insurance agencies are required to send a Summary of Loss upon request. If you are having issues receiving insurance documentation, you can reach out to the Division of Insurance in Colorado’s Department of Regulatory Affairs for assistance