01.Core Concepts

All states restrict the insurer’s right to cancel or nonrenew coverage Cancellation provision: The named insured can cancel at any time by returning the policy to the insurer or providing written notice. If a policy has been in force for more than 60 days, the insurer can cancel only if: The premium has not been paid The driver’s license of any insured has been suspended, or The policy was obtained through material misrepresentation