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

Insurance

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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

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