Losing Your Insurance

Terminated Insurance Coverage

Insurance companies have the right to terminate your coverage; however, they must follow the guidelines listed in your policy to do so.

Three Ways Your Policy Can Be Terminated

Cancellation

Cancellation

Cancellation is when your policy is terminated during the policy period. You may cancel your policy by returning the policy to the company or agent or giving the company advance written notice of the date you wish to cancel the policy.

Your company may cancel your Liability, Medical Payments and Uninsured Motorists or Combined Uninsured/Underinsured Motorists coverages by mailing to your last known address:

• Notification at least 15 days in advance, if cancellation is for non-payment of premium; or

• Notification at least 60 days in advance, for all other cases.

Your insurance company may cancel any coverage other than your Liability, Medical Payments and Uninsured Motorists or Combined Uninsured/Underinsured Motorists by mailing to your last known address:

Notification at least 10 days in advance.

The reasons for cancellation, of different types of coverages, will vary. Contact your agent if you have questions about why your policy canceled.

Nonrenewal

Nonrenewal

Nonrenewal denotes your company’s refusal to renew your policy. An insurance company can nonrenew your Liability, Medical Payments and Uninsured Motorist or Combined Uninsured/Underinsured Motorist coverages by mailing notification to your last known address at least 60 days before the end of the policy period. Any other coverage may be nonrenewed by mailing notification to you at least 10 days before the end of the policy period.

Automatic Termination

Automatic Termination

If the insurance company offers to renew or continue your coverage and you do not accept, the policy will automatically terminate at the end of the current policy period. Failure to pay the required premium to renew or continue your policy will mean you do not accept the offer. If you purchase other insurance on your covered automobile, any similar insurance provided by the initial policy will terminate. The termination will occur on the effective date of the other insurance.