Colorado · Colorado Revised Statutes — Title 42, Vehicles and Traffic

C.R.S. Title 42 § 42-21-105: Vehicle value protection agreements - contractual liability insurance policies

What this law says, in plain English

Vehicle value protection agreement providers must obtain insurance that covers their obligations under the agreement and allows contract holders to claim directly from the insurer if the provider fails to pay within 60 days of proof of loss.

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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.