INSURANCE REGULATION 97 - Notice of Material Changes Upon Renewal of Personal Motor Vehicle, Homeowner and Residential Fire Insurance
|Title||230||Department of Business Regulation (includes the Office of the Health Insurance Commissioner)|
|Subchapter||05||Personal Lines - Automobile and Homeowners Insurance|
|Part||14||INSURANCE REGULATION 97 - Notice of Material Changes Upon Renewal of Personal Motor Vehicle, Homeowner and Residential Fire Insurance|
|Type of Filing||Amendment|
|Regulation Status||Inactive View Active Rule|
|Effective||08/06/2008 to 07/01/2015|
Regulation Authority :
R.I. Gen. Laws §§ 27-5-3.7, 27-8-11 and 42-35-3.
Purpose and Reason :
This Regulation shall apply to the renewal of (1) personal lines auto insurance, (2) homeowners insurance, and (3) residential fire insurance, or any components thereof. This Regulation requires notification to insureds upon policy renewal of any material changes in policy deductibles, limits, coverages, conditions or definitions, unless the change was requested by the insured or R.I. Gen. Laws § 27-5-3.7 is applicable.