Colorado Insurance Division Launches Online Insurance Guide

Colorado Gov. Ritter announced that the Department of Regulatory Agencies’ Division of Insurance has launched a new online insurance guide.

The Web site guides consumers through the many choices to consider when selecting insurance including: the types of insurance available — automobile and home insurance to health and life insurance, coverage limits, a comparison of benefits offered by
different carriers, premium costs and the number of complaints a company has received. Consumers also can find information about how to file written complaints if they are dissatisfied and feel an insurance company hasn’t fulfilled their expectations.

“During these tough economic times, people are losing their jobs and their benefits. Many Coloradans are finding themselves shopping for insurance on their own for the first time in their lives. The Web site launch is a timely tool for those trying to navigate the maze of insurance policies,” said Rep. Dianne Primavera.

“The creation of this Web site will make shopping for insurance policies less of a headache for consumers. This website increases transparency and creates a centralized location online where
policies can be compared, questions answered and complaints filed and read. We are taking the anxiety out of insurance shopping and making the process easier for everyone,” said Sen. Gail
Schwartz, who was the Senate sponsor of the bill.

“Rep. Primavera’s 2008 House Bill 1385 called for this Web guide, which is a part of our ‘Building Blocks for Healthcare Reform’ plan,” said Gov. Ritter. “As we face this global economic crisis, we know that every penny counts and this Web site provides easy-to-use
information to consumers so they can make the best choices for their budget.”

To view the guide, visit the Department of Regulatory Affairs Web site or visit:
http://www.dora.state.co.us/insurance/consumer%20guide/Guide%20to%20Insurance.htm.

Source: DOI

Topics Colorado