Home Table of Contents

§ 27-607. Notice of renewal of policies; personal or property insurance

West's Annotated Code of MarylandInsuranceEffective: January 1, 2007

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 27. Unfair Trade Practices and Other Prohibited Practices (Refs & Annos)
Subtitle 6. Cancellations, Nonrenewals, Premium Increases, and Reductions in Coverage (Refs & Annos)
Effective: January 1, 2007
MD Code, Insurance, § 27-607
§ 27-607. Notice of renewal of policies; personal or property insurance
Currentness
Application of section
(a) This section applies only to policies of personal insurance and insurance issued under the Maryland Property Insurance Availability Act1 or any similar act instituted to ensure the availability of property insurance.
Notice stating amount of renewal policy premium
(b) At least 45 days prior to the renewal date of a policy subject to this section, the insurer shall send a notice to the named insured and the insurance producer, if any, by first-class mail stating both the amount of the renewal policy premium and the amount of the expiring policy premium.

Credits

Added by Acts 2006, c. 393, § 2, eff. Jan. 1, 2007; Acts 2006, c. 580, § 2, eff. Jan. 1, 2007.

Footnotes

1
Insurance, § 25-401 et seq.
MD Code, Insurance, § 27-607, MD INSURANCE § 27-607
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document