North Dakota § 26.1-40-05 Nonrenewal - Notice - Statement of reasons - Nonrenewal not to be based on certain facts

North Dakota Statutes

§ 26.1-40-05 — Nonrenewal - Notice - Statement of reasons - Nonrenewal not to be based on certain facts

North Dakota § 26.1-40-05

Title 26.1Insurance

Ch. 26.1-40Automobile Insurance and Warranties

This text of North Dakota § 26.1-40-05 (Nonrenewal - Notice - Statement of reasons - Nonrenewal not to be based on certain facts) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 26.1-40-05 (2026).

Text

fixed expiration date must be considered as if written for successive policy periods or terms of one year and any termination by an insurer effective on an anniversary date of the policy is deemed a failure to renew.

5."Termination" means cancellation or nonrenewal of automobile insurance coverage in whole or in part. Cancellation occurs during the policy term. Nonrenewal occurs at the end of the policy term. An insurer's substitution of insurance upon renewal which results in substantially equivalent coverage is not a termination. The transfer of a policy between companies within the same insurance holding company system is not a termination. A renewal with altered terms as provided in subsection 4 is not a termination.

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fixed expiration date must be considered as if written for successive policy periods or
terms of one year and any termination by an insurer effective on an anniversary date
of the policy is deemed a failure to renew.

5. "Termination" means cancellation or nonrenewal of automobile insurance coverage in
whole or in part. Cancellation occurs during the policy term. Nonrenewal occurs at the
end of the policy term. An insurer's substitution of insurance upon renewal which
results in substantially equivalent coverage is not a termination. The transfer of a
policy between companies within the same insurance holding company system is not a
termination. A renewal with altered terms as provided in subsection 4 is not a
termination.