518A.29 Cancellation or nonrenewal by association — notice. 1. Cancellation by insured. A policy shall be canceled at any time at the request of the insured. 2. Cancellation by association.a. Except as provided in paragraph 'b', notice of cancellation is not effective unless mailed or delivered by the association to the named insured at least thirty days before the effectivedate of cancellation. b. Notice of cancellation resulting from nonpayment of a premium or installment provided for in the policy, or provided for in a note or contract for the payment of such premium orinstallment, is not effective unless mailed or delivered by the association to the named insuredat least ten days prior to the date of cancellation. c. If a notice of cancellation under paragraph 'a' or 'b' fails to include the reason for such cancellation, the association, upon receipt of a timely request by the named insured,shall provide the reason for the cancellation in writing. 3. Nonrenewal by association. A notice of intention not to renew is not effective unless mailed or delivered by the insurer to the named insured at least thirty days prior to theexpiration date of the policy. ewal by association. A notice of intention not to renew is not effective unless mailed or delivered by the insurer to the named insured at least thirty days prior to theexpiration date of the policy. If the reason does not accompany the notice of nonrenewal, theassociation, upon receipt of a timely request by the named insured, shall provide in writingthe reason for the nonrenewal. 4. Notice. Service of notice under subsection 2 or 3 may be delivered in person or mailed to the insured at the insured’s post office address as given in or upon the policy, or to suchother address as the insured shall have given to the association in writing. A post officedepartment certificate of mailing shall be deemed proof of receipt of such mailing. If in eithercase the cash payments exceed the amount properly chargeable, the excess shall be refundedto the insured. [S13, §1759-m; C24, 27, 31, 35, 39, §9054; C46, 50, 54, 58, 62, §518.29; C66, 71, 73, 75, 77, 79, 81, §518A.29] 2000 Acts, ch 1023, §47; 2001 Acts, ch 69, §36; 2003 Acts, ch 91, §48; 2009 Acts, ch 145, §45Referred to in §515F.39 Sat Dec 23 00:51:13 2023 Iowa Code 2024, Section 518A.29 (18, 0)
Iowa Legal Code