ZestyAI has partnered with the Colorado FAIR Plan to help homeowners struggling to secure insurance due to wildfire and climate risks. This collaboration leverages AI-driven risk models—Z-FIRE™, Z-HAIL™, and Z-WIND™—to provide precise, property-specific assessments for wildfire, hail, and wind exposure.
Enhancing Risk-Based Pricing & Mitigation Strategies
By integrating ZestyAI’s advanced models, the Colorado FAIR Plan aims to refine risk-based pricing and guide homeowners on effective mitigation measures. Unlike traditional risk classifications, this AI-driven approach evaluates property-specific factors, such as:
- Proximity of vegetation
- Roof condition & materials
- Structural attributes & historical permits
These insights enable fairer pricing and empower homeowners with actionable steps to reduce their risk exposure.
AI-Powered Risk Assessments for Better Coverage
ZestyAI specializes in cutting-edge risk analytics, utilizing aerial imagery, geospatial data, and historical building records to assess real-time property risks. This data-driven approach allows insurers to offer more accurate and transparent coverage options.
Expanding Insurance Access to 30,000+ Families
The Colorado FAIR Plan provides insurance solutions for residents unable to obtain coverage through traditional means. With ZestyAI’s models, the organization expects to extend risk-aligned policies to over 30,000 families in the coming year, ensuring that coverage reflects actual property conditions rather than outdated assumptions.
Regulatory Support & Market Stability
Regulatory backing has been crucial in advancing this initiative. Colorado Insurance Commissioner Michael Conway has prioritized risk-based pricing and transparency to stabilize the state’s insurance market. The adoption of AI-driven risk assessments supports this vision by integrating mitigation efforts into underwriting decisions.
A Future of Fair & Resilient Insurance
This partnership not only ensures fairer pricing but also helps homeowners implement mitigation strategies that could allow them to transition back to the standard insurance market over time.
“This collaboration ensures risk assessments reflect actual property conditions—not just broad classifications—so homeowners can access fair coverage and practical mitigation guidance.”
— Bryan Rehor, Director of Regulatory Affairs, ZestyAI
“Our mission is to provide every Coloradan with insurance that accurately reflects their property’s real risk. ZestyAI’s models will help us create a fairer, more resilient insurance market.”
— Kelly Campbell, Executive Director, Colorado FAIR Plan
Building on its success with the California FAIR Plan, ZestyAI continues to drive innovation in climate risk assessment, helping insurers expand access to affordable, risk-aligned coverage for homeowners nationwide.
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