New Jersey S2894 mandates that insurers must send written notices of cancellation or nonrenewal of automobile and homeowners insurance policies by.
New Jersey S2894 amends existing laws to require that written notices of cancellation or nonrenewal for both automobile and homeowners insurance policies must be sent by certified mail with return receipt requested. Additionally, the notice must also be sent by regular mail, accompanied by a proof of mailing from the United States Postal Service. This ensures that the policyholder receives confirmation of the notice's delivery. The bill aims to provide stronger evidence of communication between the insurer and the policyholder in the event of policy cancellation or nonrenewal.
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