An insurer that intends to nonrenew a Homeowners policy MUST take which of the following actions?

Are you having trouble answering the question “An insurer that intends to nonrenew a Homeowners policy MUST take which of the following actions?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

An insurer that intends to nonrenew a Homeowners policy MUST take which of the following actions?

A.

Obtain coverage for the policyholder from another insurer

B.

Obtain coverage for the policyholder under the FAIR Plan

C.

Send a nonrenewal notice to the Commissioner of Insurance thirty days prior to the policy expiration date

D.

Send a notice stating the reason for nonrenewal to the insured

Answer: D

You should now have gotten the answer to your question “An insurer that intends to nonrenew a Homeowners policy MUST take which of the following actions?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.

Leave a Reply 0

Your email address will not be published. Required fields are marked *