The 2025 Colorado General Assembly passed several bills that will impact how insurance carriers operate in our state. Among them, HB 25-1322 sets new requirements for sharing homeowner’s insurance policies upon request.
Bill Summary
HB 25-1322, Enforce Insurer Compliance Requests Insurance Policy, maintains the requirement under current law that a homeowner’s insurance carrier must share a certified copy of the homeowner’s insurance policy within 30 calendar days after the carrier receives a written request from the policyholder. HB 25-1322 adds the requirement that the request must be received by the carrier’s registered agent.
The bill also adds a fine for noncompliance. Failing to provide the requested copy amounts to a penalty of $50 per day after the 30-day window. A carrier that violates the requirement to share the policy within 30 days is responsible for reasonable attorney fees and costs that a policyholder incurs enforcing the $50 per day penalty.
To reiterate, the key compliance elements are:
- Carrier’s registered agent receives a written request for a homeowner’s insurance policy from a policyholder.
- The carrier must provide a certified copy of the policy within 30 calendar days. Given the context of the statute, it is presumed that either an electronic or paper copy of the policy will suffice.
- If the carrier does not share a certified copy of the policy within 30 calendar days, a $50 per day fine will accrue.
The Backstory
Hall & Evans saw a bill draft from the trial lawyers long before this bill was introduced. Early bill drafts did not require that the request for a copy of the homeowner’s insurance policy be delivered to the carrier’s registered agents. The P&C insurance industry advocated that the request for a copy of the insurance policy be sent to the carrier’s registered agent to minimize the chances that such a request would fall through the cracks and prevent unnecessary fees from accruing. Hall & Evans worked with the trial lawyers in order to ensure that this was added to the bill.
The requirement to send the written request to the carrier’s registered agent was modeled on a 2019 law, HB 19-1283, Disclosure of Insurance Liability Coverage for auto policies. That law imposes a $100 per day fee for noncompliance after 30 days, twice the amount that HB 25-1322 imposes.
Effective Date
The bill passed late in session and was signed by the Governor in early June. It will go into effect on August 6, 2025.