Section 417-C:2 Notice of Cancellation.
I. No notice of cancellation shall be effective unless mailed or physically (not electronically) delivered by the insurer to the named insureds at least 60 days prior to the effective date of cancellation; provided, however, that where cancellation is for nonpayment of premium or substantial increase in hazard, at least 10 days' notice of cancellation shall be given. In all instances, the reason or reasons for cancellation shall accompany or be included in the notice of cancellation. An insurer shall not be held liable in any claim or suit for damages arising solely from the insurer's compliance with the requirement that the reason for cancellation be specified.
II. Notice of cancellation under this section shall be by certified mail, except that in the case of cancellation for nonpayment of premium, notice shall be by certified mail or certificate of mailing.
III. The commissioner shall have the authority to waive any provision of paragraph I upon the written request of an insurer specifying the reasons therefor.
IV. This section shall not apply to nonrenewal.
Source. 1986, 227:1. 2000, 166:7. 2002, 207:20, eff. May 16, 2002. 2009, 215:12, eff. Sept. 13, 2009.