PLNJmedium
After the 90-day new policy window, which of the following is an enumerated permissible ground for mid-term cancellation of a New Jersey private passenger auto policy under N.J.S.A. 17:29C-7?
AThe insured's submission of several claims within a brief period, resulting in a frequency of losses that the insurer considers excessive under the policy
BA change in the insurer's competitive market strategy in the territory
Suspension or revocation of the driver's license of the named insured or a regular operator of the covered auto
DThe insured's request to add UM/UIM coverage
Why this is the answer
N.J.S.A. 17:29C-7 narrows mid-term cancellation grounds after the 90-day new policy window to specific enumerated causes, including nonpayment of premium, material misrepresentation in the application, and suspension or revocation of the driver's license of the named insured or any regular operator of the covered auto.
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