Missouri § 375.002 Grounds for cancellation.

Missouri Statutes

§ 375.002 — Grounds for cancellation.

Missouri § 375.002

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 375Provisions Applicable to All Insurance Companies

This text of Missouri § 375.002 (Grounds for cancellation.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 375.002 (2026).

Text

1. 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; or

(2)Fraud or material misrepresentation affecting the policy or in the presentation of a claim thereunder, or violation of any of the terms or conditions of the policy; or

(3)The named insured or any occupant of the property has been convicted of a crime arising out of acts increasing the hazard insured against; or

(4)Physical changes in the property insured which increase the hazards originally insured. 2. This section shall not apply to any policy or coverage which has been in effect less than sixty days at the time notice of cancellation is mailed or delivered by the insurer unless it is a renewal policy. 3. This section sha

Free access — add to your briefcase to read the full text and ask questions with AI

1. 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; or

(2) Fraud or material misrepresentation affecting the policy or in the presentation of a claim thereunder, or violation of any of the terms or conditions of the policy; or

(3) The named insured or any occupant of the property has been convicted of a crime arising out of acts increasing the hazard insured against; or

(4) Physical changes in the property insured which increase the hazards originally insured.

2. This section shall not apply to any policy or coverage which has been in effect less than sixty days at the time notice of cancellation is mailed or delivered by the insurer unless it is a renewal policy.

3. This section shall not apply to nonrenewal.