When an insurer intends to non-renew a homeowners policy in New York, how many days advance notice must be sent to the insured?

• A. 30 days
• B. 45 days
• C. 60 days
• D. 90 days

Answer: (B)

In New York, insurance companies are required to provide a minimum of 45 days advance notice to the insured before non-renewing a homeowners policy. This regulation is in place to ensure that policyholders have adequate time to seek alternative insurance coverage or make necessary arrangements. The 45-day notice period allows consumers to be informed of any changes to their policy and helps maintain fairness and transparency within the insurance process. This specific timeframe reflects the state's efforts to protect homeowners by providing them with sufficient notice to avoid gaps in coverage. The other durations do not align with the legal requirement for non-renewal notices in New York for homeowners policies.