The Colorado Division of Insurance coverage (DOI) has adopted a brand new regulation that modifications how householders request licensed copies of their insurance coverage insurance policies. Regulation 5-1-27 outlines particular procedures for these requests. You may learn the total discover of adoption right here.
Beforehand, policyholders may request licensed copies instantly from their insurance coverage agent or claims adjuster. This usually allowed for faster, extra simple communication with acquainted insurance coverage firm contacts.
Now, underneath Regulation 5-1-27, requests should undergo a proper course of:
- Policyholders or their representatives should submit a written request to the insurance coverage provider’s registered agent.
- The registered agent is usually a company tackle designated for official service of course of.
- As soon as the request reaches the registered agent, the insurer should ship the licensed copy to the policyholder inside 30 days.
The underlying statute, § 10-4-110.8(10), C.R.S., requires insurers to offer non-certified copies inside three enterprise days of any request, and inside 30 days of any licensed copy request. Nonetheless, the brand new Regulation 5-1-27’s procedural guidelines focus solely on the method for acquiring licensed copies and don’t tackle non-certified copy requests. Beneath the statute, the insurance coverage firm should adjust to requests for digital or paper supply.
Tips on how to Discover and Contact an Insurer’s Registered Agent
To find an insurer’s registered agent, go to the DOI’s service of course of web page right here. You’ll need to obtain the listing and find the contact particulars for the insurer’s registered agent.
Beneficial Steps for Requesting a Licensed Copy
- Establish the insurer’s registered agent utilizing the DOI listing.
- Draft a transparent written request, together with your coverage quantity, full title, and digital or paper supply preferences.
- Ship it through licensed mail to make sure proof of receipt.
- Observe the 30-day timeline and observe up if wanted.
These modifications goal to standardize the method however might decelerate and complicate entry for householders working by means of claims or protection disputes.
