Minn. R. agency 120, ch. 2880, pt. 2880.0200
Current through Register Vol. 49, No. 24, December 9, 2024
Part 2880.0200 - GROUNDS FOR NONRENEWAL No insurer shall refuse to renew a policy of homeowners insurance unless based on one or more reasons which shall be limited to the following:
A. The reasons stated for cancellation in Minnesota Statutes, section 65A.01, subdivision 3a.B. Use of the premises for an illegal activity.C. The termination of an agency contract, except as provided under Minnesota Statutes, section 60A.171, unless the insurer assigns the terminated agent's book of business to another agent. The insurer must transfer the policy to another agent if the insured makes a written request prior to the nonrenewal date. Notification of this right must be included in the nonrenewal notice.D. Violations of local laws or ordinances which increase the possibility of a loss.E. Refusal of the insured to eliminate known conditions which increase the potential for loss after notification by the insurer that the condition must be removed. Before a nonrenewal notice can be issued under this item, two written requests stating the condition to remove and the reason why the condition increases the potential for loss must be sent to the insured. The first notice must inform the insured as to any time limits for compliance. The second notice must inform the insured of the intent to nonrenew the policy if the condition is not removed.F. A substantial change in the quality or availability of fire protection services.G. If the insured has two or more losses during the experience period, but not to include: (1) losses caused by natural causes including but not limited to lightning, wind, or hail; or(2) losses for which no payment was made by the insurer; or(3) losses for which the insurer recovers 80 percent or more of the payment through subrogation.H. The insurer ceases to write homeowners insurance in Minnesota.I. Failure of the named insured to provide necessary underwriting information upon written request from the insurer, provided that before a nonrenewal notice can be issued under this item, two written requests asking for the information must be sent to the insured stating the reasons why the information is necessary. The second request must inform the insured of the intent to nonrenew the policy if the information is not received.J. If real property taxes owing on the insured property have been delinquent for two or more years and continue delinquent at the time notice of nonrenewal is issued.K. The named insured no longer owns the property or resides at the insured location, unless the spouse resides at the insured location and retains ownership, in which event the spouse will be endorsed onto the policy as the named insured. If an insurer has grounds to nonrenew a homeowners policy on a primary residence of a named insured, homeowners policies on secondary residences of the insured may also be nonrenewed. Grounds for nonrenewing homeowners policies on secondary residences cannot be used to nonrenew a homeowners policy on the primary residence. If an insured fails to renew the primary residence with an insurer, the insurer may nonrenew the secondary residence.
L. The reasons stated in Minnesota Statutes, section 72A.20, subdivision 13.Minn. R. agency 120, ch. 2880, pt. 2880.0200
Statutory Authority: MS s 65A.29