Revised Code of Washington
Chapter 48.18 - The Insurance Contract.
48.18.300 - Cancellation by insured.

RCW 48.18.300
Cancellation by insured.

(1) Cancellation by the insured of any policy which by its terms is cancellable at the insured's option or of any binder based on such policy may be effected by written notice thereof to the insurer or surrender of the policy or binder for cancellation prior to or on the effective date of such cancellation. In [the] event the policy or binder has been lost or destroyed and cannot be so surrendered, the insurer may in lieu of such surrender accept and in good faith rely upon the insured's written statement setting forth the fact of such loss or destruction.
(2) As soon as possible, and no later than thirty days after the receipt of the notice of cancellation from the policyholder for homeowners', dwelling fire, and private passenger auto insurance, the insurer shall pay to the insured or to the person entitled thereto as shown by the insurer's records, any unearned portion of any premium paid on the policy as computed on the customary short rate or as otherwise specified in the policy: PROVIDED, That the refund of any unearned portion of any premium paid on a contract of dwelling fire insurance, homeowners' insurance, or insurance predicated upon the use of a private passenger automobile (as defined in RCW 48.18.297 and excluding contracts of insurance and policies enumerated in RCW 48.18.296) shall be computed on a pro rata basis and the insurer shall refund not less than ninety percent of any unearned portion not exceeding one hundred dollars, plus ninety-five percent of any unearned portion over one hundred dollars but not exceeding five hundred dollars, and not less than ninety-seven percent of the amount of any unearned portion in excess of five hundred dollars. If the amount of any refund is less than two dollars, no refund need be made. If no premium has been paid on the policy, the insured shall be liable to the insurer for premium for the period during which the policy was in force.
(3) The surrender of a policy to the insurer for any cause by any person named therein as having an interest insured thereunder shall create a presumption that such surrender is concurred in by all persons so named.
(4) This section shall not apply to life insurance policies or to annuity contracts.

[ 1980 c 102 § 8; 1979 ex.s. c 199 § 8; 1955 c 303 § 16; 1947 c 79 § .18.30; Rem. Supp. 1947 § 45.18.30.]

Structure Revised Code of Washington

Revised Code of Washington

Title 48 - Insurance

Chapter 48.18 - The Insurance Contract.

48.18.010 - Scope of chapter.

48.18.020 - Power to contract.

48.18.030 - Insurable interest—Personal insurances—Nonprofit organizations—Rules.

48.18.040 - Insurable interest—Property insurances.

48.18.050 - Named insured—Interest insured.

48.18.060 - Application—Consent—When required.

48.18.070 - Alteration of application.

48.18.080 - Application as evidence.

48.18.090 - Warranties and misrepresentations, effect of.

48.18.100 - Forms of policies—Filing, certification, and approval—Exceptions.

48.18.103 - Forms of commercial property casualty policies—Legislative intent—Issuance prior to filing—Disapproval by commissioner—Definition.

48.18.110 - Grounds for disapproval.

48.18.120 - Standard forms.

48.18.125 - Loss payable and mortgagee clauses for property and automobile physical damage insurances—Requirement to use adopted forms.

48.18.130 - Standard provisions.

48.18.140 - Contents of policies in general.

48.18.150 - Additional contents.

48.18.160 - Charter or bylaw provisions.

48.18.170 - "Premium" defined.

48.18.180 - Stated premium must include all charges.

48.18.190 - Policy must contain entire contract.

48.18.200 - Limiting actions, jurisdiction.

48.18.210 - Execution of policies.

48.18.220 - Receipt of premium to bind coverage—Contents of receipt.

48.18.230 - Binders—Duration—Premium.

48.18.240 - Binders—Insurance producer's or title insurance agent's liability.

48.18.250 - Underwriters' and combination policies.

48.18.260 - Delivery of policy.

48.18.278 - Terms for cancellation, nonrenewal, or modification of portable electronics policy—Application of RCW 48.18.290 and 48.18.2901 to portable electronics insurance.

48.18.280 - Renewal of policy.

48.18.289 - Cancellation, nonrenewal, renewal offer—Notice to insurance producer or title insurance agent.

48.18.290 - Cancellation by insurer.

48.18.2901 - Renewal required—Exceptions.

48.18.291 - Cancellation of private automobile insurance by insurer—Notice—Requirements.

48.18.292 - Refusal to renew private automobile insurance by insurer—Change in amount of premium or deductibles.

48.18.293 - Nonliability of commissioner, agents, insurer for information giving reasons for cancellation or refusal to renew—Proof of mailing of notice.

48.18.295 - RCW 48.18.290 through 48.18.297 not to prevent cancellation or nonrenewal, when.

48.18.296 - Contracts to which RCW 48.18.291 through 48.18.297 inapplicable.

48.18.297 - Private passenger automobile defined.

48.18.298 - Disability insurance—Refusal to renew by insurer.

48.18.299 - Disability insurance—Cancellation by insurer.

48.18.300 - Cancellation by insured.

48.18.310 - Cancellation by commissioner.

48.18.320 - Annulment of liability policies.

48.18.340 - Dividends payable to real party in interest.

48.18.350 - Breach of warranty prior to loss—Effect.

48.18.360 - Assignment of policies—Life and disability.

48.18.370 - Payment discharges insurer—Life and disability.

48.18.375 - Assignment of interests under group insurance policy.

48.18.390 - Simultaneous deaths—Payment of proceeds—Life insurance.

48.18.400 - Exemption of proceeds—Disability.

48.18.410 - Exemption of proceeds—Life.

48.18.420 - Exemption of proceeds—Group life.

48.18.430 - Exemption of proceeds, commutation—Annuities.

48.18.440 - Spouse's rights in life insurance policy.

48.18.450 - Life insurance payable to trustee named as beneficiary in the policy.

48.18.452 - Life insurance designating as beneficiary a trustee named by will.

48.18.460 - Proof of loss—Furnishing forms—May require oath.

48.18.470 - Claims administration—Not waiver.

48.18.480 - Discrimination prohibited.

48.18.510 - Validity of noncomplying forms.

48.18.520 - Construction of policies.

48.18.540 - Cancellations, denials, refusals to renew—Written notification.

48.18.543 - Single premium credit insurance—Residential mortgage loan—Restrictions—Definitions.

48.18.545 - Underwriting restrictions that apply to personal insurance—Credit history or insurance score—Rules.

48.18.547 - Underwriting restrictions that apply to medical malpractice insurance—Rules.

48.18.550 - Victims of domestic abuse—Prohibition on certain cancellations, denials, refusals to renew, and different rates—Domestic abuse defined.

48.18.553 - Victims of hate crime offenses—Restrictions of underwriting actions—Definitions.

48.18.555 - Property insurance—Actions resulting from arson or malicious mischief—Definitions.

48.18.558 - Property insurers—Assistance to prevent or reduce severity of claims or losses—Prior approval of commissioner—Pilot program permitted.

48.18.559 - Property insurers—Rules addressing assistance to prevent or reduce severity of claims or losses.

48.18.565 - Homeowner's insurance—Foster parent.

48.18.570 - Life insurance—Lawful travel destinations.

48.18.580 - Employer-owned life insurance—Requirements.

48.18.583 - Employer-owned life insurance—Application to policies.

48.18.586 - Employer-owned life insurance—Rules.

48.18.600 - Usage-based insurance—Restrictions on information collected.

48.18.610 - Customer satisfaction benefits.

48.18.900 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.