Sec. 38a-340. (Formerly Sec. 38-175e). Binders, renewal endorsements and evidences of renewal.
Sec. 38a-340. (Formerly Sec. 38-175e). Binders, renewal endorsements and
evidences of renewal. Any insurer authorized to issue an automobile liability insurance
policy may, pending the issue of such a policy, make an agreement, for a period which
shall not exceed sixty days, to be known as a binder, or may, in lieu of such a policy,
issue a renewal endorsement or evidence of renewal of an existing policy. The provisions
of sections 38a-334 to 38a-336a, inclusive, 38a-338, and 38a-340 to 38a-345, inclusive,
shall apply to such binders, renewal endorsements or evidences of renewal.
(1967, P.A. 510, S. 6; P.A. 87-209; P.A. 89-48, S. 2; P.A. 93-297, S. 19, 29.)
History: P.A. 87-209 provided that the provisions of Secs. 38-175f to 38-175h, inclusive, and 38-175j and 38-175k are
applicable to binders, renewal endorsements and other evidences of renewal; P.A. 89-48 increased to 60 the number of
days a binder may be effective; Sec. 38-175e transferred to Sec. 38a-340 in 1991; P.A. 93-297 added reference to Sec.
38a-336a, effective January 1, 1994, and applicable to acts or omissions occurring on or after said date.
Annotations to former section 38-175e:
Cited. 160 C. 280. Regulations under this statute make "other insurance" clauses in conflict with the regulations. 161
C. 169. Cited. 169 C. 502; overruled with respect to holding an uninsured motorist coverage, see 219 C. 371. Cited. 171
C. 252; Id., 463. Cited. 203 C. 45. Cited as Sec. 38-175a et seq. Id., 258.
Cited. 31 CS 229. Cited. 36 CS 256, 260.
Annotations to present section:
Cited. 234 C. 182.
Cited. 25 CA 492; judgment reversed, see 222 C. 744. Section did not require insurer to issue cancellation notice in
accordance with Sec. 38a-343 before terminating plaintiff's policy. 52 CA 497.