Section 417-B:4 Cancellation; Refusal to Renew; Notice.
No cancellation or refusal to renew by an insurer of a policy of insurance insuring against any of the contingencies set forth in RSA 417-B:1 shall be effective unless the insurer physically (not electronically) delivers or mails, to the named insured at the address shown in the policy a written notice of the cancellation or refusal to renew. Such notice shall:
I. State the date, not less than 45 days after the date of such mailing or delivery on which such cancellation or refusal to renew shall become effective, except that such effective date may be 10 days from the date of mailing or delivery:
(a) When the policy is being cancelled or not renewed for nonpayment of premium; or
(b) When the policy is being cancelled within 90 days of its effective date provided such policy is not a renewal.
II. State the specific reason or reasons of the insurer for cancellation or refusal to renew or be accompanied by a statement that upon written request of the named insured, mailed or delivered to the insurer not less than 10 days prior to the effective date of cancellation or refusal to renew, the insurer will specify the reason or reasons for such cancellation, or refusal to renew. The insurer shall supply such information within 5 days of receipt by it of such request.
III. Any policy written for a term of less than one year shall be considered as if written for a term of one year. Any policy written for a term longer than one year, or any policy with no fixed expiration date, shall be considered as if written for successive policy periods or terms of one year.
Source. 1971, 453:1. 1983, 396:3, eff. Aug. 21, 1983. 2009, 215:10, eff. Sept. 13, 2009.