Colorado Democrats are reviving a scaled‑back roofing‑resilience bill, aiming to ease the state’s soaring homeowners’ insurance premiums by shifting costs onto insurers.

Sen. Kyle Mullica, D-Thornton, introduced Senate Bill 155, which has been assigned to the Senate Finance Committee.

During a press conference on Tuesday, Mullica said the bill, which he’s sponsoring with Rep. Kyle Brown, D-Louisville, and House Speaker Julie McCluskie, D-Dillon, would create an enterprise, or government-owned business, to provide financial assistance to homeowners to install hail-resistant roofing. The enterprise would be funded through a 0.5% fee charged to insurance companies.

Colorado has some of the highest homeowners’ insurance rates in the country, according to the National Association of Realtors.

“This bill is about saving the people of Colorado money,” Mullica said. “I’ve heard at town halls and at all the doors that homeowners’ insurance is unaffordable. This bill will start turning that tide.”

Brown said the bill aims to ensure homes are more resilient to damage. Brown’s entire district was hit by the largest wildfire in state history, the Marshall Fire, in 2021.

“It has to be about prevention,” Brown said. “It has to be about hardening of homes, because when we harden our homes, that is how we prevent massive claims and losses that affect the insurance industry and affect homeowners.”

A recent report from the Colorado Division of Insurance found that hail is the largest cost driver of homeowners’ insurance spikes in the state, accounting for up to 54% of a premium’s cost in some areas.

Mullica himself opposed a similar measure last year, which failed to pass through the Senate.

That bill proposed creating two enterprises: one for roofing grants and one to provide reinsurance to insurers to partially mitigate wildfire impacts.

Both enterprises would have been funded through homeowner fees, which Mullica opposed.

This year’s bill imposes the fee on the insurance companies and prohibits them from passing the cost on to policyholders as a surcharge.

Senate Bill 155 also establishes a code of conduct for roofers to prohibit them from defrauding grant recipients.