Rhode Island Code of Regulations
Title 230 - Department of Business Regulation
Chapter 20 - Insurance
Subchapter 05 - Personal Lines - Automobile and Homeowners Insurance
Part 14 - Notice of Material Changes upon Renewal of Personal Motor Vehicle, Homeowner and Residential Fire Insurance (230-RICR-20-05-14)
Section 230-RICR-20-05-14.4 - Notice of Material Changes upon Renewal

Universal Citation: 230 RI Code of Rules 20 05 14.4

Current through September 18, 2024

A. Upon an offer to renew, an insurer shall provide, at least thirty (30) days prior to the expiration of the policy, written notice of any Material Change in policy to the named insured. The notice must be prominent, in clear and unambiguous language and must fully disclose all details of the change.

B. The notice must be included in or sent at the same time as the policy issuance or renewal package.

C. The notice shall itemize and describe the Material Change.

D. The policyholder shall be notified that the policy renewal contains the "NOTICE OF REDUCTION IN COVERAGE" by one of the following manners:

1. By mailing the "NOTICE OF REDUCTION IN COVERAGE" separate from the renewal policy package mailing;

2. By printing "NOTICE OF REDUCTION IN COVERAGE ENCLOSED on the policy renewal package envelope and including said reductions in the first few pages of the renewal policy package;

3. By printing "NOTICE OF REDUCTION IN COVERAGE ENCLOSED" in the first few pages of the renewal policy package;

4. If the renewal policy package is made available by email, the email notifying the policyholder of the renewal shall contain a statement that the policy contains a "NOTICE OF REDUCTION IN COVERAGE" and such reductions shall be in the first few pages of the renewal policy package.

E. § 14.4 of this Part shall not apply to a material change requested by the insured, including changes requested by the insured at the time of application that would typically occur at the renewal date for as long as the policy is in force, such as inflation coverage adjustment features and other similar policy elements.

1. There is no exception to notice of hurricane deductibles under R.I. Gen. Laws §27-76. Therefore, even if the introduction of or the change to a hurricane deductible is requested by the insured, notice as described above must still be given.

Disclaimer: These regulations may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.