Which statement best describes how insurers handle cancellation and nonrenewal notices?

Which statement best describes how insurers handle cancellation and nonrenewal notices?

• A. Notices must be given orally within five business days of cancellation.
• B. Notices are not required for nonrenewal.
• C. Insurers must provide written notice within statutory timeframes prior to cancellation or nonrenewal.
• D. Notices may be sent after cancellation becomes effective.

Answer: (C)