Ind. Code § 27-7-12-3
Notice of cancellation
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 3. (a) Notice of cancellation of property insurance coverage by an insurer must:
Sec. 3. (a) Notice of cancellation of property insurance coverage by an insurer must:
(1) be in writing;
(1) be in writing;
(2) be delivered or mailed to the named insured at the last known address of the named insured;
(2) be mailed to the named insured at the last known address of the named insured;
(3) state the effective date of the cancellation; and
(3) state the effective date of the cancellation; and
(4) upon request of the named insured, be accompanied by a written explanation of the specific reasons for the cancellation.
(4) upon request of the named insured, be accompanied by a written explanation of the specific reasons for the cancellation.
(b) An insurer shall provide written notice of cancellation to the named insured at least:
(b) An insurer shall mail written notice of cancellation to the named insured at least:
(1) ten (10) days before canceling a policy, if the cancellation is for nonpayment of a premium;
(1) ten (10) days before canceling a policy, if the cancellation is for nonpayment of a premium;
(2) twenty (20) days before canceling a policy, if: (A) the cancellation occurs more than sixty (60) days after the date of issuance of the policy; or (B) the insurer has received a copy of a complaint under IC 32-30-10.5-8(d)(2) concerning the property; and (3) ten (10) days before canceling a policy, if the cancellation occurs not more than sixty (60) days after the date of issuance of the policy. (c) If the policy was procured by an independent insurance producer licensed in Indiana, the insurer shall deliver or mail notice of cancellation to the insurance producer not less than ten (10) days before the insurer delivers or mails the notice to the named insured, unless the obligation to notify the insurance producer is waived in writing by the insurance producer.
(2) twenty (20) days before canceling a policy, if: (A) the cancellation occurs more than sixty (60) days after the date of issuance of the policy; or (B) the insurer has received a copy of a complaint under IC 32-30-10.5-8(d)(2) concerning the property; and (3) ten (10) days before canceling a policy, if the cancellation occurs not more than sixty (60) days after the date of issuance of the policy. (c) If the policy was procured by an independent insurance producer licensed in Indiana, the insurer shall mail notice of cancellation to the insurance producer not less than ten (10) days before the insurer mails the notice to the named insured, unless the obligation to notify the insurance producer is waived in writing by the insurance producer.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.