Property Laws

Question 1

How many days notice that the policy will be cancelled for nonpayment

Answer 1

10 days notice

Question 2

How many days notice of cancellation for reasons other than non payment Only during the first 60 days

Answer 2

30 days notice

Question 3

After 60 days the cancellations can be only for nonpayment of premium or other reasons allowed by law. How many days notice

Answer 3

60 days notice

Question 4

Copy of notice of cancellation must be mailed to

Answer 4

Producer of record and the insured

Question 5

How many days notice for change in premium, deductible, payment plan, or limits of liability
How many days to not renew policy and what must it say

Answer 5

60
60 must say why

Question 6

After the first 5 years a property policy is in effect it can be nonrenewed with how many days notice
And only for the following reasons

Answer 6

60 days
Policy obtained by fraud
An act which has measurably increased the risk as originally accepted