Colorado Insurance Policies

In the state of Colorado, an organization has the responsibility of protecting consumers when it comes to matters of insurance.  The Colorado Division of Insurance is responsible for regulating Colorado insurance while also providing consumers with assistance and guidance.  However, this organization also works with insurance providers, both agents and companies to keep them current on Colorado insurance issues.

It is estimated that this organization handles more than 25,000 calls every year, as well as letters, emails, and consumers walking in to get information.  To handle all this, the Colorado Division of insurance has an amazing staff of professionals that understand laws and regulations.  Because of this, they can keep the public and insurance professionals informed so no one is taken advantage of and only the best insurance coverage is provided.

Just a few of the things that this organization does for the Colorado insurance industry is conduct financial and market examinations on insurance companies in this state.  With this, the organization can determine if these companies offering Colorado insurance are licensed so they can conduct business.  This type of work also checks that no violations are happening, as well as the company solvency.


In addition, for Colorado insurance this organization offers a huge library of brochures, reports, insurance guides, surveys, and more on all types of insurance issues, along with links to outside resources.  With this, anyone whether a consumer, agent, or insurance company, would have access to a wealth of insight specifically for the Colorado insurance industry.

The Colorado Division of insurance works hard to keep people informed although the organization’s number one priority is protecting consumers.  Unfortunately, people are ripped off by insurance fraud all the time but with proper education and resources, this could be avoided.  To help, people can go through the list of questions and answers on Colorado insurance also provided on this site so they gain confidence when choosing and purchasing any type insurance policy.

Some of the information provided on the FAQ website for this Colorado insurance organization includes annual filing requirements, American Recovery and Reinvestment or ARRA, how to protect an automobile insurance claim, an informative guide to bail bonds, auto theft protection in the state of Colorado, and even credit scoring.  Additionally, the organization covers self-funding health benefits plans, information about the new federal healthcare reform bill, and motorist coverage for both insured and uninsured, and even look at Colorado insurance rates for different providers.

Some of the areas of responsibility for the Division of Colorado Insurance includes providing consumers with prompt and effective resolution for claims processing, educating the public about regulations for the state, giving people access to information so informed decisions can be made, and developing, as well as promoting a more efficient and effective process for learning about Colorado insurance issues.  Without doubt, this organization has made a huge impact on the state and the insurance industry, all for the better!  In addition to consumers knowing their rights, agents and other insurers also have the ability to provide better policies and services.