Colorado § 5-4-106 Unconscionability

Colorado Statutes

§ 5-4-106 — Unconscionability

Colorado § 5-4-106

Title 05Consumer

Art.Insurance

This text of Colorado § 5-4-106 (Unconscionability) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 5-4-106 (2026).

Text

(1)In applying the provisions of this code on unconscionability contained in sections 5-5-109 and 5-6-112 to a separate charge for insurance, consideration shall be given, among other factors, to:

(a)Potential benefits to the consumer including the satisfaction of the consumer's obligations;

(b)The creditor's need for the protection provided by the insurance; and

(c)The relation between the amount and terms of credit granted and the insurance benefits provided.

(2)If consumer credit insurance otherwise complies with this article and other applicable law, neither the amount nor the term of the insurance nor the amount of a charge therefor is in itself unconscionable.

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(1) In applying the provisions of this code on
unconscionability contained in sections 5-5-109 and 5-6-112 to a separate charge
for insurance, consideration shall be given, among other factors, to:

(a) Potential benefits to the consumer including the satisfaction of the
consumer's obligations;

(b) The creditor's need for the protection provided by the insurance; and

(c) The relation between the amount and terms of credit granted and the
insurance benefits provided.

(2) If consumer credit insurance otherwise complies with this article and
other applicable law, neither the amount nor the term of the insurance nor the
amount of a charge therefor is in itself unconscionable.