Colorado § 10-4-602 - Basis for cancellation.
Full text of Colorado Colorado Revised Statutes § 10-4-602 — Basis for cancellation., with citation guidance and answers to common questions.
§ 10-4-602. Basis for cancellation.
(1) A notice of cancellation of a policy shall be valid only if it is based on one or more of the following reasons:
(a) Nonpayment of premium; or
(b) The driver's license or motor vehicle registration of either the named insured or any operator either residing in the insured's household or who customarily operates an automobile insured under the policy has been under suspension or revocation during the policy period or, if the policy is a renewal, during its policy period or the one hundred eighty days immediately preceding its effective date; or
(c) An applicant knowingly made a false statement on the application for insurance; or
(d) An insured knowingly and willfully made a false material statement on a claim submitted under the policy.
(2) This section shall not apply to any policy or coverage which has been in effect less than sixty days at the time notice of cancellation is mailed or delivered by the insurer, unless it is a renewal policy.
(3) This section shall not apply to nonrenewal of a policy.
Source: L. 69: p. 550, § 2. C.R.S. 1963: § 72-30-2. L. 94: (1)(c) amended and (1)(d) added, p. 328, § 1, effective July 1.
ANNOTATION
When an insurer provides the reason for cancellation of an automobile policy, the reason given for the cancellation must be accurate in order for the cancellation to be effective. Brown v. Am. Standard Ins. Co. of WI, 2019 COA 11, 436 P.3d 597.
Applied in Wright v. Newman, 598 F. Supp. 1178 (D. Colo. 1984), aff'd, 767 F.2d 460 (10th Cir. 1985).
Frequently Asked Questions About Colorado § 10-4-602
What does Colorado Revised Statutes § 10-4-602 cover?
Section 10-4-602 ("Basis for cancellation.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 10-4-602?
A common citation format is "Colorado Revised Statutes § 10-4-602" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 10-4-602 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.