Key Takeaways
- Colorado P&C insurance licenses are valid for 2 years and must be renewed before expiration
- Renewal requires 24 hours of continuing education every 2 years
- CE must include 3 hours of ethics training
- Address and name changes must be reported to DOI within 30 days
- DOI can discipline licensees including suspension, revocation, or fines
Last updated: January 2026
License Maintenance and Continuing Education
Colorado P&C insurance licenses require ongoing maintenance through continuing education and timely renewal.
License Terms and Renewal
| Item | Requirement |
|---|---|
| License Term | 2 years |
| Renewal Period | Before expiration date |
| Late Renewal | Penalty fees apply |
| Expired Over 1 Year | May need to re-examine |
Continuing Education Requirements
Colorado requires 24 hours of continuing education (CE) every 2 years:
CE Requirements
| Requirement | Hours |
|---|---|
| Total CE Hours | 24 |
| Ethics (required) | 3 |
| Electives | 21 |
| CE Period | 2 years (matches license term) |
CE Course Requirements
- Must be completed at DOI-approved providers
- Online and classroom options available
- Cannot repeat same course within renewal period
- CE must be completed BEFORE license expiration
- Courses must be relevant to lines of authority held
Special CE Topics
Colorado may require or recommend CE on specific topics:
- Ethics (mandatory 3 hours)
- Flood insurance awareness
- Colorado-specific laws and regulations
Reporting Requirements
Colorado producers must notify DOI of changes within 30 days:
- Change of business address
- Change of residence address
- Change of name
- Administrative actions by other states
- Criminal charges or convictions
- Changes in business entity
Disciplinary Actions
DOI can take disciplinary action against licensees for violations:
Types of Discipline
| Action | Description |
|---|---|
| Warning Letter | Minor first offense |
| Probation | License continues with conditions |
| Suspension | Temporary loss of license |
| Revocation | Permanent loss of license |
| Fine | Monetary penalty |
| Restitution | Payment to harmed parties |
Common P&C Violations
- Misrepresentation of policy terms or coverage
- Failure to disclose material information
- Unfair claims practices
- Commingling of funds
- Failure to maintain CE requirements
- Fraudulent activities
- Acting without proper license
License Status Types
| Status | Meaning |
|---|---|
| Active | License current and in good standing |
| Inactive | Not actively practicing |
| Expired | License term ended, not renewed |
| Suspended | Temporary disciplinary action |
| Revoked | License permanently cancelled |
| Surrendered | Voluntarily gave up license |
Appointing Companies
P&C agents must be appointed by insurers to sell their products:
- Appointment Required: Before selling an insurer's products
- Appointment Fee: Paid by insurer
- Termination Reporting: Insurers must report terminations to DOI
- For Cause Terminations: May trigger DOI investigation
License Lapse and Reinstatement
| Lapsed Period | Requirement |
|---|---|
| Within grace period | Pay renewal fee + penalty |
| Within 1 year | Complete CE + pay fees |
| Over 1 year | May require re-examination |
Test Your Knowledge
How many hours of continuing education does Colorado require for P&C license renewal?
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Test Your Knowledge
How many hours of ethics CE does Colorado require per 2-year renewal period?
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