Cancellation or Nonrenewal of Your Insurance Policy

Alaska laws forbid cancellation of your insurance policy except under certain circumstances. An insurance company may not cancel or fail to renew a health insurance policy after it has been issued unless you do not pay the premium.

Your insurer may cancel a personal automobile policy after it has been in effect for more than 60 days if:

• you do not pay the premium, or
• you, or any other operator who resides in the same house as the named insured and customarily drives the insured vehicle, drivers license or motor vehicle registration has been suspended or revoked.

Your insurer may cancel a homeowners insurance policy if:

• you do not pay the premium;
• you are convicted of a crime which increases the risk insured against;
• fraud or material misrepresentation made by either you or your representative is discovered when obtaining the policy or when pursuing a claim under the policy; or
• significant changes in your property have occurred which result in your property becoming uninsurable.