(a) An insurer may not cancel a policy of insurance that the insurer has written that has been in effect more than ninety (90) days unless:(1) the insured under the policy has failed to pay the premium;(2) there is a substantial change in the scale of risk covered by the policy;(3) the insured has perpetrated a fraud or material misrepresentation upon the insurer;(4) the insured has failed to comply with reasonable safety recommendations; or(5) reinsurance of the risk associated with the policy has been cancelled.(b) An insurer shall mail a written notice of cancellation to a person insured under a policy issued by the insurer at least:(1) forty-five (45) days before cancelling the policy for any reason set forth in subsection (a)(2), (a)(4), or (a)(5);(2) twenty (20) days before cancelling the policy for the reason set forth in subsection (a)(3); or(3) ten (10) days before cancelling the policy for the reason set forth in subsection (a)(1).As added by P.L.271-1987, SEC.4. Amended by P.L.162-1988, SEC.3; P.L.196-2021, SEC.26.
Indiana Legal Code