Your Insurance

Insurance companies have the right to terminate your coverage; however, they must follow the guidelines listed in your policy to do so. The three ways your policy can be terminated are cancellation, nonrenewal and

automatic termination.

Cancellation :

Cancellation is when your policy is terminated during the policy period. You may cancel your policy by returning the policy to the company or agent or giving the company advanced written notice of the date you wish to cancel the policy.

Liability, Medical Payments and Uninsured Motorists or Combined Uninsured/ Underinsured Motorists Coverages :

Your company may cancel your Liability, Medical Payments and Uninsured Motorists or Combined Uninsured/Underinsured Motoristscoverages by mailing to your last known address:

1. Notification at least 15 days in advance, if cancellation is for non-payment of premium; or

2. Notification at least 60 days in advance, for all other cases.

There are certain reasons your company may cancel your Liability, Medical Payments, and Uninsured Motorist or Combined Uninsured/ Underinsured Motorist coverages:

• Non-payment of premium;
• You are no longer a resident of North Carolina and are not eligible for a policy through the reinsurance facility.
• The insurance company terminates its contract with your insurance agent;
• Your premium finance company cancels the policy according to the finance contract;
• If you knowingly make a material

misrepresentation of:

• The years of driving experience; or
• The driving record of you or any other driver who lives with you and customarily uses your covered automobile.