687B.420 - Notice of proposed cancellation, nonrenewal or alteration of terms of certain policies or contracts of insurance. - Nevada Statutes

687B.420  Notice of proposed cancellation, nonrenewal or alteration of terms of certain policies or contracts of insurance.  An insurer shall not cancel, fail to renew or renew with altered terms a policy or contract issued pursuant to chapter 688B, 689A, 689B, 689C, 695A, 695B, 695C, 695D or 695F of NRS unless notice in writing of the proposal is given to the insured at least 60 days before the date the proposed action becomes effective. The notice must include, without limitation, any changes in specific rates by line of coverage.

      (Added to NRS by 1989, 1248; A 1993, 1982, 2400, 2405)