Colorado § 9-5.5-115 Insurance

Colorado Statutes

§ 9-5.5-115 — Insurance

Colorado § 9-5.5-115

Title 09Safety -

Art.Elevator and Escalator

This text of Colorado § 9-5.5-115 (Insurance) 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. § 9-5.5-115 (2026).

Text

(1)Each conveyance contractor shall submit to the administrator an insurance policy, certificate of insurance, or certified copy of either issued by an insurance company authorized to do business in Colorado. Such policy shall provide general liability coverage of at least one million dollars for injury or death in each occurrence and coverage for at least five hundred thousand dollars for property damage in each occurrence. In addition, a conveyance contractor shall submit evidence of the insurance coverage mandated by the Workers' Compensation Act of Colorado, articles 40 to 47 of title 8, C.R.S.

(2)Certified conveyance inspectors shall submit to the administrator an insurance policy, certificate of insurance, or certified copy of either issued by an insurance company authori

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(1) Each conveyance contractor shall submit to the
administrator an insurance policy, certificate of insurance, or certified copy of
either issued by an insurance company authorized to do business in Colorado. Such
policy shall provide general liability coverage of at least one million dollars for
injury or death in each occurrence and coverage for at least five hundred thousand
dollars for property damage in each occurrence. In addition, a conveyance
contractor shall submit evidence of the insurance coverage mandated by the
Workers' Compensation Act of Colorado, articles 40 to 47 of title 8, C.R.S.

(2) Certified conveyance inspectors shall submit to the administrator an
insurance policy, certificate of insurance, or certified copy of either issued by an
insurance company authorized to do business in Colorado. Such policy shall provide
general liability coverage of at least one million dollars for injury or death in each
occurrence and coverage for at least five hundred thousand dollars for property
damage in each occurrence.

(3) The administrator shall not certify a conveyance contractor or
conveyance inspector unless the applicant has delivered the policy, certified copy,
or certificate of insurance required by this section in a form approved by the
administrator. A certified conveyance contractor or conveyance inspector shall
notify the administrator at least ten days before a material alteration, amendment,
or cancellation of a policy is made.

(4) This section shall not apply to a local jurisdiction or the employee of a
local jurisdiction in the performance of the employee's official duties.

Legislative History

Source: L. 2007: Entire article added, p. 1420, � 1, effective January 1, 2008. L. 2008: (1) and (2) amended and (4) added, p. 1997, � 3, effective July 1.