Missouri § 379.845 Cancellation or nonrenewal.

Missouri Statutes

§ 379.845 — Cancellation or nonrenewal.

Missouri § 379.845

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 379Insurance Other Than Life

This text of Missouri § 379.845 (Cancellation or nonrenewal.) 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. § 379.845 (2026).

Text

1. The facility shall not cancel a policy or binder issued under the program without approval of the governing committee except in case of:

(1)Evidence of incendiarism (meaning arson by or at the direction of the insured); or

(2)For nonpayment of premium; or

(3)Fraud or material misrepresentation; or

(4)A finding by the facility on the basis of satisfactory evidence that changes in the physical condition of the property or other changed conditions make the risk uninsurable. 2. Any notice of cancellation or notice of nonrenewal of a policy or binder issued under the program, together with a statement of the reason therefor, shall be sent to the insured and a copy retained by the facility. Any such notice shall be sent not less than thirty days prior to the cancellation or no

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1. The facility shall not cancel a policy or binder issued under the program without approval of the governing committee except in case of:

(1) Evidence of incendiarism (meaning arson by or at the direction of the insured); or

(2) For nonpayment of premium; or

(3) Fraud or material misrepresentation; or

(4) A finding by the facility on the basis of satisfactory evidence that changes in the physical condition of the property or other changed conditions make the risk uninsurable.

2. Any notice of cancellation or notice of nonrenewal of a policy or binder issued under the program, together with a statement of the reason therefor, shall be sent to the insured and a copy retained by the facility. Any such notice shall be sent not less than thirty days prior to the cancellation or nonrenewal of any risk under the program to allow ample time for an application for new coverage to be made and a new policy to be written under the program.

3. Any cancellation or nonrenewal notice to the insured relating to a policy or binder issued under the program shall contain the procedures for obtaining an inspection under the program and shall be accompanied by a statement that the insured has a right of appeal as hereinafter provided.