(a) An insurer that makes a material change to an insured's personal automobile or homeowner's policy shall provide a written notice to the insured that:(1) explains the principal factors for the material change; or(2) states that the insured has a right to request and obtain an explanation of the principal factors for the material change.(b) An insured who receives a notice of a material change described in subsection (a)(2) may submit to the insurer a written request for an explanation of the principal factors for the material change.(c) Upon receiving a request for an explanation under subsection (b), the insurer shall provide written notice to the insured explaining the principal factors for the material change.(d) An insurer shall provide a copy of a written notice provided under subsection (a)(1) or (c):(1) to the insurance producer, if any, who:(A) represented:(i) the insured in obtaining coverage from the insurer; or(ii) the insurer in regard to the providing of coverage to the insured; and(B) is not an employee, an exclusive agent, or a captive agent of the insurer; and(2) to the insurer's reporting portal for agent communications.(e) A written notice provided erage to the insured; and(B) is not an employee, an exclusive agent, or a captive agent of the insurer; and(2) to the insurer's reporting portal for agent communications.(e) A written notice provided under subsection (a) or (c), or a written request submitted under subsection (b), must be provided by:(1) first class mail; or(2) electronic delivery as set forth in IC 27-1-43.As added by P.L.226-2023, SEC.20.
Indiana Legal Code