D.C. Mun. Regs. tit. 20, r. 20-6714
Except as otherwise provided in this chapter, a provider of financial assurance may cancel or fail to renew an assurance mechanism by sending a notice of termination by certified mail, return receipt requested, to the owner.
Termination of a guarantee, surety bond, or letter of credit may not occur until one hundred twenty (120) days after the date on which the owner receives the notice of termination, as evidenced by the return receipt.
Termination of insurance or risk retention group coverage, except for nonpayment of premium(s) or misrepresentation by the insured, may not occur until sixty (60) days after the date on which the owner receives the notice of termination, as evidenced by the return receipt. Termination due to non-payment of premium(s) or misrepresentation by the insured may not occur until a minimum of ten (10) days after the date on which the owner or operator receives the notice of termination, as evidenced by the return receipt.
The provider of financial assurance shall send a copy of each notice of cancellation or termination to the Department, in accordance with § 5500.4, at the same time the notice is sent to the owner.
If a provider of financial responsibility cancels or fails to renew for reasons other than the incapacity of the provider as specified in § 6701.6, the owner shall obtain alternate coverage as specified in this section not later than sixty (60) days after receipt of the notice of termination.
If an owner fails to obtain alternate coverage within sixty (60) days after receiving a notice of termination, the owner shall notify the Department of the failure in accordance with § 5500.4 and submit the following to the Department:
D.C. Mun. Regs. tit. 20, r. 20-6714