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Colorado crime insurance guide

Colorado rules address separate risks in two regulated settings: insurers must carry fidelity coverage for certain people handling company funds, while title entities must safeguard money held for others in separate fiduciary accounts. A business arranging crime insurance should identify whether it handles customer or closing funds and ask how its own policy treats employee theft, agents, and entrusted property. 1,2

What Is Crime?

Crime insurance can help reimburse specified business losses from theft and fraud, including employee theft and forgery. Compare those protections separately and ask whether a payment sent after an impersonation scam is covered. Read the national Crime guide.

Colorado Requirements

RequirementDetails
Insurer fidelity coverageColorado requires insurers to obtain fidelity coverage for officers, directors, and employees who handle or can access company funds. The amount follows the bracketed schedule in 3 CCR 702-3-1-1, § 3. This insurer requirement is not a general crime-insurance mandate for every Colorado business. 1
Title entity fiduciary fundsColorado title entities and their authorized agents holding funds that belong to others must keep them in separate, identified fiduciary accounts, avoid commingling, deposit them within three business days with an eligible state or federal bank or federally insured savings-and-loan association, and use them only as allowed by the written agreement. The rule permits another deposit direction when all parties to the transaction that established the need for the funds direct it in writing. 2

What to Watch for in Colorado

  • Check which rule applies to your business

    The insurer fidelity rule applies to insurers, and the separate-account rule applies to title entities and their authorized agents holding other people’s funds. Neither provision creates a general Colorado requirement for every business to buy crime insurance. 1,2

  • Describe entrusted funds clearly

    If your title or settlement operation handles earnest money, loan proceeds, seller proceeds, premiums, or closing costs, ask your broker to review the policy’s treatment of employee and agent dishonesty involving those specific funds. The fiduciary-account rule sets handling duties; it does not establish what a commercial crime policy will cover. 2

  • Do not confuse an insurer’s protection with yours

    The insurer fidelity requirement concerns handlers of the insurer’s own funds. It does not say that the insurer’s fidelity coverage protects a policyholder’s funds or that a buyer’s crime policy satisfies a title entity’s account duties. 1,2

Who Regulates Insurance in Colorado

Colorado Division of Insurance

The Division administers Colorado insurance laws and regulates insurers and insurance producers. You can search producer licenses through Colorado’s official DORA lookup and send insurance complaints to the Division. 3,4,5

Surplus-lines tax and stamping office

Reported tax rate: 3% of net premium When Colorado is the insured’s home state, its surplus-lines tax is 3% of taxable premium. The Colorado Surplus Lines Association says insurer or broker fees charged in connection with the placement are included in the tax base; federal or other-state taxes and examination fees are excluded. For multistate risks, a tax-sharing agreement may allocate premium tax to other states. 6,8,7

Providers With Documented State Licenses

These providers publish a national listing for Crime; the state records document licenses for the entities and roles shown below. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in Colorado. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

  • CoalitionCoalition Insurance Solutions, Inc.Insurance producer, Surplus-lines broker · checked 2026-09-28Coalition’s license page lists producer and surplus-lines licenses for Coalition Insurance Solutions, Inc. in all 50 states and the District of Columbia. The page separately lists insurers; this record covers the brokerage entity only. 10
  • CorgiCorgi Insurance Services, Inc.Insurance producer · checked 2026-09-28Corgi’s company producer-license table lists 50 jurisdictions: 49 states and the District of Columbia, including DC license 3003091619. New Mexico does not appear in the table and is not included here; the omission does not establish that Corgi is unlicensed there. The company-reported table has no stated as-of date and does not establish product availability. 11
  • VouchVouch Specialty Insurance Services, LLCInsurance producer, Surplus-lines broker · checked 2026-09-28Vouch’s licenses page, effective January 16, 2025, lists producer licenses in all 50 states and DC. Its separate surplus-lines table includes Idaho number 870820, while a footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses. Because those statements conflict for Idaho, this record keeps Idaho producer-only and does not treat the table number as established agency surplus-lines authority. The page is company-reported and does not establish product availability. 16

Questions to Ask Before You Buy in Colorado

  1. Does our work make us a title entity or authorized agent holding funds that belong to someone else, and what written instructions govern each account?
  2. Does the proposed crime wording address employee dishonesty involving client, escrow, or settlement funds, and what exclusions or conditions apply?
  3. How does the policy treat theft by authorized agents, closing agents, or other nonemployees who can access funds?
  4. What accounting controls, account separation, and reconciliation records should we maintain alongside any insurance?

Crime in Colorado: FAQ

Does Colorado require every business to buy crime insurance? 1

The cited rule requires fidelity coverage for insurers’ officers, directors, and employees with access to company funds. It does not state a general crime-insurance mandate for other businesses. 1

What must a Colorado title entity do with funds held for others? 2

The title rule requires separate fiduciary accounts and records, prohibits commingling, and requires deposit within three business days with an eligible bank or insured savings-and-loan association. The exception is when all parties to the transaction that established the need for the funds direct another deposit location in writing. Use is limited to the written agreement’s purposes. These handling duties do not determine insurance response to a theft. 2

Crime in Other States

Other Coverage in Colorado

Sources

  1. 3 CCR 702-3-1-1, Fidelity Bond Requirements. Colorado Secretary of State, Code of Colorado Regulations; 3 CCR 702-3-1-1, §§ 2–3, 5–6: insurer-only fidelity-coverage scope and § 3 minimum-coverage bracket table/calculation worksheet. The guide describes the bracketed schedule without stating an exposure-index formula. Rule effective April 1, 2000. Accessed 2026-09-28.
  2. 3 CCR 702-3-5-1, Title Insurance. Colorado Secretary of State, Code of Colorado Regulations; 3 CCR 702-3-5-1, § 8(A)–(D): fiduciary funds, separate accounts, no commingling, three-business-day deposit and eligible institutions, written direction exception by all parties to the transaction that established the need, and permitted use. Current amended rule text; effective August 31, 2005. Accessed 2026-09-28.
  3. Colorado Division of Insurance. Colorado Department of Regulatory Agencies; Official insurance regulator homepage; DOI oversight and consumer resources. Accessed 2026-09-28.
  4. DORA Online Services. Colorado Department of Regulatory Agencies; Official DORA online services portal; select Online License Verification and insurance profession. Accessed 2026-09-28.
  5. File a Complaint. Colorado Division of Insurance; Official form and instructions for insurance complaints. Accessed 2026-09-28.
  6. HB23-1111: Unauthorized Insurance Premium Tax Rate. Colorado General Assembly; Enacted bill harmonizes unauthorized insurance tax rate at 3%, effective January 1, 2024; parity with surplus-lines rate. Accessed 2026-09-28.
  7. Frequently Asked Questions. Surplus Lines Association of Colorado; FAQ: Colorado home-state tax; fee charged by insurer or broker in connection with placement included in premium base; qualifying federal/other-state taxes and examination fees excluded; commercial exempt policyholder due-diligence exception. Accessed 2026-09-28.
  8. Colorado Revised Statutes, Title 10 (2024). Colorado General Assembly, Office of Legislative Legal Services; C.R.S. § 10-5-111.5, surplus-lines premium tax and home-state application. Accessed 2026-09-28.
  9. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  10. Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
  11. Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
  12. About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
  13. Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
  14. About Risklytics. Risklytics; What we do; Who we insure; Licensing; Agency licenses table dated 2026-09-10. Accessed 2026-09-16.
  15. Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
  16. Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Updated .

This guide is informational and does not determine whether a policy is available or meets your needs. Editorial policy. To suggest a correction, contact Spot with a supporting source.

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