Bill > HB878

This bill amends the Georgia Code to change certain provisions regarding the cancellation of an insurance policy by an insured. The key provisions are: (1) it allows an insured to request policy cancellation orally, electronically, or in writing, and the insurer must provide confirmation of the requested cancellation within 10 days if the request was made orally; (2) it allows the insurer to require the insured to provide written, electronic, or other recorded verification of the cancellation request before the cancellation takes effect; and (3) it specifies that if the policy cannot be cancelled without notice to a third party, the insurer must provide at least 10 days' notice before the cancellation becomes effective.