3 Colo. Code Regs. § 702-5-1-17-5

Current through Register Vol. 47, No. 24, December 25, 2024

Section 3 CCR 702-5-1-17-5 - Rules

A. Insurers shall not refuse to issue a fire insurance policy for a property based on the property's zip code, county location, or distance from any wildfire, unless the property is located in an immediately threatened area.

B. Insurers shall not refuse to renew a fire insurance policy for a property located within an area that has been declared a federally designated disaster area for any reason related to wildfire so long as there remains an unresolved claim related to such fire insurance policy

C. Insurers, as a condition of renewal, may require a property owner to take reasonable actions to reduce the risk of fire to such property. Such reasonable actions to reduce the risk of fire shall be specified in the insurer's written underwriting guidelines.

3 CCR 702-5-1-17-5

38 CR 17, September 10, 2015, effective 10/1/2015

38 CR 18, September 25, 2015, effective 10/15/2015

39 CR 01, January 10, 2016, effective 2/1/2016

39 CR 05, March 10, 2016, effective 4/1/2016

41 CR 01, January 10, 2018, effective 2/14/2018

40 CR 21, November 10, 2017, effective 4/1/2018

41 CR 19, October 10, 2018, effective 11/1/2018

42 CR 18, September 25, 2019, effective 1/1/2020

42 CR 23, December 10, 2019, effective 1/1/2020

44 CR 13, July 10, 2021, effective 6/3/2021

44 CR 08, April 25, 2021, effective 8/1/2021

45 CR 03, February 10, 2022, effective 3/2/2022

45 CR 22, November 25, 2022, effective 12/15/2022

46 CR 11, June 10, 2023, effective 4/27/2023

46 CR 16, August 25, 2023, effective 9/14/2023