Which of the following is considered a deceptive practice under Colorado insurance law?

Misrepresentation of policy terms is considered a deceptive practice under Colorado insurance law because it involves providing false or misleading information about the details, coverage, or benefits of an insurance policy. This can lead consumers to make poorly informed decisions, believing they are purchasing something different than what is actually being offered. Ensuring that policy terms are accurately represented is crucial for maintaining trust and integrity in the insurance industry.

On the other hand, providing accurate policy terms, full disclosure of fees, and offering discounts do not fall under deceptive practices. These actions contribute positively to transparency and honesty in insurance transactions, allowing consumers to make informed choices regarding their coverage. Misrepresentation undermines these principles and is therefore subject to regulatory scrutiny and potential penalties in Colorado.