2014 Kansas Statutes
Chapter 40 INSURANCE
Article 9 GENERAL PROVISIONS RELATING TO FIRE INSURANCE COMPANIES
40-973 Same; effect on existing policy, limitation on
40-973. Same; effect on existing policy, limitation on. Within the limitation specified in K.S.A. 2014 Supp. 40-970, and amendments thereto, no rate increase may be implemented with regard to an individual existing policy, unless such increase is applied at the time of a renewal or conditional renewal of an existing policy and the insurer mails or delivers to the named insured, at the address shown in the policy, a written notice that clearly and conspicuously discloses its intention to change the rate, at least 30 days in advance of the end of the insured's policy period. A notice of renewal or conditional renewal that clearly and conspicuously discloses the renewal premium applicable to the policy shall be deemed to comply with this section.
History: L. 2008, ch. 144, § 5; July 1.
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