2005 Idaho Code - 41-2506 — CANCELLATION OF POLICIES -- DEFINITIONS

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 25
                         CASUALTY INSURANCE CONTRACTS
    41-2506.  CANCELLATION OF POLICIES -- DEFINITIONS. (1) As used in sections
41-2506 through 41-2512 of this act:
    (a)  "Policy" means any one or more of the following portions of an
automobile insurance policy, delivered or issued for delivery in this state,
insuring a natural person as named insured, or one or more related individuals
resident of the same household, and under which the insured vehicles therein
designated are motor vehicles of the private passenger or station wagon type
(not used for public or livery conveyance of passengers, or rented to others)
or any other four-wheel motor vehicles with a load capacity of 15,000 pounds
or less not used in the occupation, profession, or business of the insured
and,
    (i)  Insuring against bodily injury and property damage liability;
    (ii)  Insuring against physical damage;
    (iii)  Insuring against risks commonly included under "comprehensive
coverage";
    (iv)  Relating to medical payments;
    (v)  Providing uninsured motorist coverage.
    (b)  Policy does not mean automobile liability insurance:
    (i)  Issued under an assigned risk plan; or
    (ii)  Insuring more than four (4) motor vehicles; or
    (iii)  Covering garage, automobile sales agency, repair shop, service
station, or public parking place operation hazards.
    (c)  "Renewal" or "to renew" means the issuance and delivery by an insurer
of a policy superseding at the end of the policy period a policy previously
issued and delivered by the same insurer, or the issuance and delivery of a
certificate or notice extending the term of a policy beyond its policy period
or term. Any policy with a policy period or term of less than six (6) months
or any policy with no fixed expiration date shall for the purpose of this
section be considered as if written for successive policy periods or terms of
six (6) months.
    (d)  "Nonpayment of premium" means failure of the named insured to
discharge when due any of his obligations in connection with the payment of
premiums on a policy or any instalment of such premium, whether the premium is
payable directly to the insurer or its agent or indirectly under any premium
finance plan or extension of credit.
    (2)  Sections 41-2506 through 41-2512 of this act shall not apply to any
policy which has been in effect less than sixty (60) days at the time notice
of cancellation is mailed or delivered by the insurer, unless it is a renewal
policy.