§ 518.23 — Cancellation or nonrenewal of policies — notice

Iowa § 518.23

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 518: COUNTY MUTUAL INSURANCE ASSOCIATIONS

Text

1. Cancellation by insured. A policy shall be canceled at any time at the request of the
insured.
2. Cancellation by association.
a. Exceptasprovidedinparagraph“b”,noticeofcancellationisnoteffectiveunlessmailed
or delivered by the association to the named insured at least thirty days before the effective
date of cancellation.
b. Noticeofcancellationresultingfromnonpaymentofapremiumorinstallmentprovided
for in the policy, or provided for in a note or contract for the payment of such premium or

installment,isnoteffectiveunlessmailedordeliveredbytheassociationtothenamedinsured
at least ten days prior to the date of cancellation.
c. If a notice of cancellation under paragraph “a” or “b” fails to include the reason for
such cancellation, the association, upon receipt of a timely request by the named insured,
shall provide in writing the reason for the cancellation.
3. Nonrenewal by association. A notice of intention not to renew is not effective unless
mailed or delivered by the insurer to the named insured at least sixty days prior to the
expiration date of the policy. If the reason does not accompany the notice of nonrenewal,
the association, upon receipt of a timely request by the named insured, shall provide the
reason for the nonrenewal in writing.
4. Notice. Service of notice under subsection 2 or 3 may be delivered in person or mailed
to the insured at the insured’s post office address as given in or upon the policy, or to such
other address as the insured shall have given to the association in writing. A post office
department certificate of mailing shall be deemed proof of receipt of such mailing. If in either
case the cash payments exceed the amount properly chargeable, the excess shall be refunded
to the insured.

Legislative History

[C66, 71, 73, 75, 77, 79, 81, §518.23]