§ 4222. Definitions The following definitions, unless otherwise specified or qualified, shall be applicable to this subchapter: (1) “Policy” means an automobile liability policy providing bodily injury liability, property damage liability, medical payments, and uninsured motorist coverage, or any combination thereof, delivered or issued for delivery in this State, insuring a single individual or husband […]
§ 4223. Cancellation of automobile insurance (a) A notice of cancellation of a policy shall be effective only if it is based on one or more of the following reasons: (1) nonpayment of premium; (2) fraud or material misrepresentation affecting the policy or in the presentation of a claim under the policy, or violation of […]
§ 4224. Notice of cancellation (a) No notice of cancellation of a policy of insurance to which section 4223 of this title applies or of a policy issued under the Vermont Automobile Insurance Plan shall be effective unless mailed or delivered by the insurer to the named insured at least 45 days prior to the […]
§ 4225. Notice of nonrenewal No insurer shall refuse to renew a policy of insurance unless such insurer or its agent shall mail or deliver to the named insured, at the address shown in the policy, at least 45 days’ advance notice of its intention not to renew. This section shall not apply if the […]
§ 4225a. Renewal policies (a) If the insurer has the necessary information to issue the renewal policy, the insurer shall confirm in writing at least 45 days prior to expiration its intention to renew the policy and the premium at which the policy is to be renewed. The insured shall have the right to renew […]
§ 4226. Notice requirements When notice required under section 4224 or 4225 of this title is provided by mail, such notice shall be by certified mail, except that in the case of cancellation for nonpayment of premium notice shall be by certified mail or certificate of mailing. (Added 1971, No. 195 (Adj. Sess.), § 5; […]
§ 4227. Notice of eligibility When automobile bodily injury and property damage liability coverage is cancelled, other than for nonpayment of premium, or in the event of failure to renew automobile bodily injury and property damage liability coverage to which section 4225 of this title applies, the insurer shall notify the named insured of his […]
§ 4228. Required renewals; continuation of agents’ contracts and brokers’ accounts (a) In the event of an insurer’s cancellation of an agent’s contract or a broker’s account placement authority with such insurer, each policyholder of such an agent or broker shall be entitled to renew his or her policy, upon timely payment of premium, for […]
§ 4229. Penalties A person who violates a provision of this subchapter may be subject to an administrative penalty of $2,000.00 for each violation. (Added 1995, No. 167 (Adj. Sess.), § 14a.)