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GA HB878

Bill

Official Source

Status

Passed

5/7/2018

Primary Sponsor

Heath Clark

Click for details

Origin

House of Representatives

2017-2018 Regular Session

AI Summary

  • Expands the methods by which an insured may request cancellation of an insurance policy from written requests only to oral, electronic, or written requests to the insurer or its authorized agent
  • Requires insurers to provide cancellation confirmation electronically or in writing within 10 days when an insured makes an oral cancellation request
  • Allows insurers or their authorized agents to require written, electronic, or other recorded verification of the cancellation request before it takes effect
  • Requires insurers to document the cancellation request and its date in the policy file when waiving the future date requirement
  • Amends O.C.G.A. § 33-24-44.1; passed both the Georgia House and Senate in 2018

Legislative Description

Insurance; cancellation of an insurance policy by an insured; change certain provisions

Last Action

Effective Date

7/1/2018

Full Bill Text

No bill text available