An insurer wants to cancel a Commercial General Liability policy that has been in effect for more than 60 days due to a reason other than nonpayment of premium. How many days before the effective date of cancellation must the insurer send notice of cancellation to the insured?

In the context of a Commercial General Liability policy in Colorado, if the insurer seeks to cancel the policy for reasons other than nonpayment of premium and the policy has been in effect for more than 60 days, the law requires the insurer to provide notice at least 30 days before the cancellation becomes effective. This 30-day notice period is designed to give the insured sufficient time to address the issues leading to the cancellation or to seek alternative coverage.

Understanding this timeline is crucial because it protects the rights of policyholders by ensuring they are fairly informed and have time to respond. It also maintains a level of trust between the insurer and the insured, which is essential in the insurance industry. Therefore, the requirement for a 30-day notice aligns with regulations aimed at promoting transparency and fairness in insurance practices.