Colorado · Colorado Revised Statutes — Title 42, Vehicles and Traffic
C.R.S. Title 42 § 42-21-103: Requirements for a provider to cancel a vehicle value protection agreement
What this law says, in plain English
Providers must mail written notice at least five days before canceling vehicle value protection agreements, except immediate cancellation applies for nonpayment, material misrepresentation, or breach of duties. Notices must state the effective date and reason. Cancellations require pro rata refunds of unearned fees, minus up to $75 administrative costs.
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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.