NE Insurance Company Bulletin CB-111

Automobile Cancellation And Billing

RescindedLast amended: 2006Year: 2006Length: 172 wordsOfficial source
STATE OF NEBRASKA DEPARTMENT OF INSURANCE Tim Wagner Director August 23, 2006 CB-111 (Amended) [LOGO] Dave Heineman Governor ## BULLETIN ## SUBJECT: AUTOMOBILE CANCELLATION AND BILLING Neb.Rev.Stat. §44-516 applies to private passenger automobile liability insurance provisions. New policies can be cancelled in the first 60 days with 10 days' mailed notice. Except for reasons of nonpayment, which is still 10 days, 30 days' notice of cancellation is required for private passenger auto liability policies. Mailing may be either registered or certified. A company with cancellation provisions that are more restrictive is required to add appropriate endorsements to comply. All excluded drivers must be shown on a billing statement or policy declarations once a year in lieu of signing driver exclusion forms annually. Any questions regarding this bulletin may be directed to the Property and Casualty Division at the Department of Insurance. L. Tim Wagner L. Tim Wagner Director 941 "O" Street • Suite 400 • Lincoln, Nebraska 68508-3639 • Phone (402) 471-2201 • Facsimile (402) 471-4610 http://www.doi.ne.gov An Equal Opportunity/Affirmative Action Employer
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