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52Nov 3 election

Property Insurance Appraisal Clause Claim Disputes

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CO HB 1247 · House Bill · 2026A

Stage
Session ended
Started in
House
Sponsor
Rebecca Keltie
Latest action
Apr 1

Where it stands

  1. Introduced (Current step)

    Introduced · Apr 1

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  4. Law (Not started)

What it does

The bill requires each policy or contract of homeowner's insurance (policy) issued or renewed in the state on or after January 1, 2027, to include a mandatory and binding appraisal process, if requested by either the insured or the insurer, for determination of disputed claims for damage to property, including a determination of the amount of loss, causation, and necessary scope of repair or replacement of the property. The appraisal process does not determine coverage under the terms of the policy.The bill specifies the appraisal process requirements, including who can serve as a fair and competent appraiser and umpire, the selection of an appraiser by each party, and the joint selection…

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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