General Liability Insurance
Professional Liability Insurance
Errors and Omissions Insurance
Cyber Liability / Data Breach Insurance
Workers' Compensation Insurance
Business Owner’s Policy
Data Breach Insurance
Certificate of Liability Insurance
Additional Insurance Offerings
4.9 out of 5 Customer Rating
Get in-depth information on essential insurance coverages.
Certificate of Liability insurance
In the state of Colorado, any commercial entity (whether for-profit or non-profit) that experiences a data breach is required to investigate the likelihood that personal information has been or will be misused. The business is legally required to notify
affected Colorado residents as soon as possible by mail, telephone, or electronic means. If the security breach affects more than 250,000 residents or the cost of notification exceeds $250,000, other means of notification
can be used. Read more about CO’s data breach laws below.
Name of Law / Statute
Colorado Consumer Protection Act
Definition of Protected Information
Combination of (1) name or other identifying info, PLUS (2) one or more of these "data" elements: SSN; driver's license number; or account number, credit card number, debit card number if accompanied by PIN, password, or
Who Is Subject to Law?
Any person or business conducting business in the state who licenses or maintains PI in course of business
Notification of Consumers?
Yes, unless determination of no harm by business
By what means?
Written, electronic, or phone; if >1000 residents, must notify credit reporting agencies; if cost of notice >$250,000 or for >250k residents, alternate methods OK
Substitute Notice Threshold?
If cost of notice >$250,000 or involves >250k residents
Notification of authorities / regulators required?
Credit monitoring requirement?
Private lawsuits allowed?
Private damages cap?
Regulatory actions allowed?
HIPAA Compliance exemption?
Other (e.g., timeframe)
Law does not apply if PI was encrypted or redacted or otherwise secured
Link to complete law:
Read the full text of Colorado’s data breach law.