If an insured’s policy is cancelled for non-payment of premium, it can only be reinstated with underwriting approval.

Some points to remember:

·         Approval required – This applies to any requests received on or after the effective date of the cancellation.

·         If payment is received via the U.S.P.S. – on the cancellation effective date, it will be accepted. After that date any check will be returned to the insured, and the policy will remain cancelled.

·         Number of days past cancellation – The sooner the better; there is a greater likelihood of underwriting agreement to reinstate within a day of two of the cancellation.

·         Talk with an underwriter – Do not use e-mail or voice mail for requests to reinstate coverage.

Underwriting will review the account for:

·         Loss experience

·         Payment history

·         Cooperation with past audits

·         Class of business

·         Outstanding Loss Control recommendations

If Underwriting agrees to reinstate, the insured will need to be prepared to:

·         Forward a signed letter of no known losses

·         Call the company with credit or debit card payment