PLNJmedium
Under N.J.A.C. 11:1-20, what is the minimum advance written notice a NJ insurer must provide before midterm cancellation of a NJ homeowners policy for reasons other than non-payment or moral hazard?
A10 days
B20 days
30 days
D60 days
Why this is the answer
N.J.A.C. 11:1-20.2(d) requires written notice at least 30 (and no more than 120) days in advance for midterm cancellation of a NJ homeowners policy for permitted underwriting reasons such as material misrepresentation or substantial increase in hazard after policy issuance.
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