™Your Policy Risk Impact Agent
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Colo. Rev. Stat. § 42-9.5-101 Short title
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This article shall be known and may be cited as the "Vehicle Protection Products Act". Source: L. 2004: Entire article added, p. 745, § 1, effective July 1.
Colo. Rev. Stat. § 42-9.5-102 Definitions
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As used in this article, unless the context otherwise requires: (1) "Incidental costs" means expenses incurred by the warranty holder that concern the failure of the vehicle protection product and that are specified in the vehicle protection product warranty. Incidental costs may…
Colo. Rev. Stat. § 42-9.5-103 Vehicle protection products
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(1) A warranty contract accompanying a vehicle protection product that is sold or offered for sale shall: (a) Identify in the contract the warrantor, the seller, the warranty holder, and the terms of the sale; (b) Conspicuously state that the obligations of the warrantor are guar…
Colo. Rev. Stat. § 42-9.5-104 Warranty reimbursement insurance policies
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(1) A warranty reimbursement insurance policy shall state that the warranty reimbursement insurance company will reimburse or pay on behalf of the vehicle protection product warrantor all covered sums that the warrantor is legally obligated to pay, or will provide the service tha…