Is it true or false that an insurer may nonrenew a homeowners policy with oral notice to the insured?

The statement is false because insurance regulations typically require that an insurer provide written notice when nonrenewing a homeowners policy. This is to ensure that the insured has a clear and documented communication regarding the status of their insurance coverage. Written notice serves to protect the rights of the policyholder, giving them a definitive understanding of their insurance situation and the ability to seek alternative coverage if necessary.

In many states, there are specific guidelines governing how and when nonrenewal notices must be delivered, and oral communication does not fulfill these legal requirements. Therefore, an insurer cannot rely on an oral communication for a nonrenewal; written notice is essential to comply with regulatory standards and ensure fairness in the notification process.