The Colorado Division of Insurance coverage (DOI) has adopted a brand new regulation that adjustments how householders request licensed copies of their insurance coverage insurance policies. Regulation 5-1-27 outlines particular procedures for these requests. You’ll be able to learn the complete discover of adoption right here.
Beforehand, policyholders may request licensed copies immediately from their insurance coverage agent or claims adjuster. This usually allowed for faster, extra easy 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 service’s registered agent.
- The registered agent is often a company deal with 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 supply non-certified copies inside three enterprise days of any request, and inside 30 days of any licensed copy request. Nevertheless, the brand new Regulation 5-1-27’s procedural guidelines focus solely on the method for acquiring licensed copies and don’t deal with non-certified copy requests. Underneath the statute, the insurance coverage firm should adjust to requests for digital or paper supply.
How you can 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 checklist 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 checklist.
- 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.
- Monitor the 30-day timeline and comply with up if wanted.
These adjustments purpose to standardize the method however could decelerate and complicate entry for householders working by way of claims or protection disputes.
