Minnesota Administrative Rules
Agency 120 - Commerce Department
Chapter 2880 - NONRENEWAL OF HOMEOWNERS INSURANCE
Part 2880.0700 - NONRENEWAL OF MULTILINE CONTRACTS

Universal Citation: MN Rules 2880.0700
Current through Register Vol. 49, No. 13, September 23, 2024

Nothing in parts 2880.0050 to 2880.0800 prohibits an insurance company from nonrenewing a multiline insurance contract. However, if parts 2880.0050 to 2880.0800 prevent nonrenewal of the homeowners insurance portion of the contract, then the insurance company shall issue to the named insured a policy of homeowners insurance providing coverage as included in the multiline contract.

Statutory Authority: MS s 65A.29

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