Notice of Adoption - New Regulation 5-1-26 Concerning Homeowner Reconstruction Costs and Replacement Cost Estimates

The Division would like to provide notice that the Commissioner has adopted the following  regulation:

• Regulation 5-1-26 Concerning Homeowner Reconstruction Costs and Replacement Cost Estimates

HB23-1174, enacted in the aftermath of the December 30, 2021, Marshall Fire, requires insurers to consider certain costs related to the reconstruction of a dwelling, and disclose to the applicant or policyholder the factors and costs considered when establishing the replacement cost estimate of the dwelling. See §§10-4-110.8 (8), (9.5) and (15), C.R.S.

This regulation will become effective on August 30, 2024.

Regulations that have been adopted, but are not yet effective can be found on the Division's website via the following link:

DOI Regulations Adopted but not yet Effective 

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