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Colorado Wildfires 2012: Insurers Estimate Colo. Fire Damage At $449.7M (PHOTOS, VIDEO)

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This aerial photo shows the destructive path of the Waldo Canyon fire in the Mountain Shadows subdivision area of Colorado Springs, Colo., Thursday, June 28, 2012. Colorado Springs officials said Thursday that hundreds of homes have been destroyed by the raging wildfire. (AP Photo/Denver Post, RJ Sangosti)
This aerial photo shows the destructive path of the Waldo Canyon fire in the Mountain Shadows subdivision area of Colorado Springs, Colo., Thursday, June 28, 2012. Colorado Springs officials said Thursday that hundreds of homes have been destroyed by the raging wildfire. (AP Photo/Denver Post, RJ Sangosti)

DENVER -- Insurers estimate that recent wildfires in Colorado caused at least $449.7 million in damage.

The figure released Tuesday by the Rocky Mountain Insurance Information Association is based on claims filed so far for houses lost at the High Park Fire in Larimer County and the Waldo Canyon Fire in Colorado Springs.

Authorities had earlier estimated that over 600 homes were destroyed.

The damage figure also includes claims for personal belongings and cars lost and living expenses in the fires' aftermath but not commercial losses. It's expected to grow as claims are processed.

Waldo Canyon accounted for the bulk at $352.6 million while High Park homeowners have filed for $97.1 million in damages.

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