Vermont Statutes
Chapter 105 - Fire and Casualty Insurance
§ 3880. Notice of cancellation

§ 3880. Notice of cancellation
(a) No notice of cancellation of a fire, casualty, marine, or multi-peril policy of insurance, unless otherwise provided and controlled by chapter 113, subchapter 2 of this title, shall be effective unless mailed or delivered by the insurer to the named insured at least 45 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 15 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. This section shall not apply to workers’ compensation policies.
(b) The Commissioner shall have the authority to waive any provision of subsection (a) of this section upon the written request of an insurer specifying the reasons therefor.
(c) This section shall not apply to nonrenewal. (Added 1977, No. 223 (Adj. Sess.), § 5; amended 1981, No. 165 (Adj. Sess.), § 1; 1989, No. 171 (Adj. Sess.), § 1, eff. Sept. 1, 1990.)

Structure Vermont Statutes

Vermont Statutes

Title 8 - Banking and Insurance

Chapter 105 - Fire and Casualty Insurance

§ 3861. Discrimination and rebates prohibited

§ 3862. Minimum capital stock

§ 3864. Penalty for violation of sections 3463 and 3862

§ 3865. Mill mutual; fees

§ 3866. Returns, rate of tax, exemption

§ 3867. Proof of loss

§ 3868. When loss due and payable

§ 3869. Contracts considered made in Vermont

§ 3879. Cancellation of fire and casualty insurance

§ 3880. Notice of cancellation

§ 3881. Notice of nonrenewal

§ 3882. Renewal policies

§ 3883. Notice requirements

§ 3884. Required renewals; continuation of agents’ contracts and brokers’ accounts

§ 3885. Penalties

§ 3911. Incorporators

§ 3912. Contents of declaration

§ 3913. Bylaws to be filed

§ 3914. Statement as to applications

§ 3915. Issuance of certificate of authority

§ 3916. Name, status and powers

§ 3920. Doing business as an assessment cooperative corporation or a nonassessment cooperative corporation

§ 3925. Bylaws; compulsory provisions

§ 3926. Policy provisions

§ 3927. Assessment cooperative insurance corporations

§ 3929. Loss payment

§ 3930. Nonassessment cooperative insurance corporations to commence business

§ 3931. Application of provisions

§ 3932. Definitions

§ 3961. Valuation of property

§ 3962. Application to Commissioner

§ 3963. Time and place for making valuation

§ 3964. Appointment of appraisers to determine valuation

§ 3965. Appraisers’ award and expenses

§ 3966. Duration of valuation fixed

§ 3967. Effect on rate

§ 3968. Penalty for violations

§ 4001. Assessments; accumulations; limitation

§ 4002. Use of fund