Colorado § 10-4-1704 Disclosures to occupant

Colorado Statutes

§ 10-4-1704 — Disclosures to occupant

Colorado § 10-4-1704

Title 10Insurance

Art.Property and Casualty Insurance

This text of Colorado § 10-4-1704 (Disclosures to occupant) 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. § 10-4-1704 (2026).

Text

(1)Before issuing a policy under this part 17, a self-storage retailer shall provide an occupant with a written self-storage insurance policy or self-storage insurance certificate that:

(a)Summarizes clearly and correctly the material terms of coverage offered to the occupant, including the identity and contact information of both the insurer and the supervising entity;

(b)States the benefits of coverage;

(c)States that the self-storage insurance being offered may provide a duplication of insurance coverage already provided by a homeowner's insurance policy or other source of coverage in effect for the occupant. The statement must include a space that allows the occupant to write the occupant's initials to signify the occupant's acknowledgment and understanding of the potent

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(1) Before issuing a policy under this
part 17, a self-storage retailer shall provide an occupant with a written self-storage
insurance policy or self-storage insurance certificate that:

(a) Summarizes clearly and correctly the material terms of coverage offered
to the occupant, including the identity and contact information of both the insurer
and the supervising entity;

(b) States the benefits of coverage;

(c) States that the self-storage insurance being offered may provide a
duplication of insurance coverage already provided by a homeowner's insurance
policy or other source of coverage in effect for the occupant. The statement must
include a space that allows the occupant to write the occupant's initials to signify
the occupant's acknowledgment and understanding of the potential duplication
referenced in this subsection (1)(c). The retailer shall specifically bring the potential
duplication referenced in this subsection (1)(c) and the opportunity to write the
occupant's initials to the occupant's attention by orally offering the occupant an
opportunity to read the statement and write the occupant's initials in the space
provided.

(d) States the deductible of the self-storage insurance coverage and
describes the process for filing a claim;

(e) States whether the policy covers flood damage to stored property; and

(f) States that the self-storage retailer can answer general information
about the self-storage insurance offered, including a description of the coverage
and premium, but is neither qualified nor authorized to answer technical questions
about the terms and conditions of the self-storage insurance offered and
disseminated by the supervising entity or to evaluate the adequacy of the
occupant's existing insurance coverage, if any.

(2) If the self-storage rental agreement requires the occupant to provide
proof of insurance, this insurance coverage requirement may be satisfied if the
occupant:

(a) Purchases this coverage from a self-storage retailer; or

(b) Provides evidence of this coverage from another source.