Nonrenewal

Colo. Rev. Stat. § 10-4-604, under Insurance.

Colo. Rev. Stat. § 10-4-604

(1) No insurer shall refuse to renew a policy unless such insurer or its agent mails or delivers to the named insured, at the address shown in the policy, at least thirty days' advance notice of its intention not to renew. This section shall not apply:

(a) If the insurer has manifested its willingness to renew;

(b) In case of nonpayment of premium;

(c) If the insured fails to pay any advance premium required by the insurer for renewal.

(2) Notwithstanding the failure of an insurer to comply with this section, the policy shall terminate on the effective date of any other insurance policy with respect to any automobile designated in both policies.

(3) Renewal of a policy shall not constitute a waiver or estoppel with respect to grounds for cancellation which existed before the effective date of such renewal.

(4) In the event an insurer refuses to renew, the insured may, by written request, demand a written notification of the reason for nonrenewal. Such notification shall be given the insured within twenty days after receipt of such request.

Source: L. 69: p. 550, � 4. C.R.S. 1963: � 72-30-4. L. 96: (1) amended, p. 363, � 2, effective April 17.

10-4-604.5. Issuance or renewal of insurance policies - proof of insurance provided by certificate, card, or other media. (1) In addition to any other requirement, if an insurer issues or renews a policy of insurance, the insurer shall provide the insured a proof of insurance certificate or insurance identification card to accompany the insured's registration application or renewal card or provide proof of insurance in such other media as is authorized by the department under section 42-3-105 (1)(d), C.R.S. The insurance identification card may be provided in either paper or electronic format. Acceptable electronic formats include display of electronic images on a cellular phone or any other type of portable electronic device.

(2) (Deleted by amendment, L. 2003, p. 1560, � 2, effective July 1, 2003.)

Source: L. 98: Entire section added, p. 787, � 6, effective July 1, 1999. L. 2000: (1) amended, p. 511, � 3, effective May 12. L. 2001: (2) amended, p. 524, � 9, effective May 22. L. 2003: Entire section amended, p. 1560, � 2, effective July 1. L. 2006: (1) amended, p. 1491, � 13, effective June 1. L. 2013: (1) amended, (HB 13-1159), ch. 101, p. 322, � 2, effective August 7.