Georgia Clause Addressing Compliance with Legal Requirements and Insurance Recommendations

State:
Multi-State
Control #:
US-OL13064
Format:
Word; 
PDF
Instant download

Description

This office clause is a form dealing with compliance with legal requirements and insurance recommendations covering most all of the issues covered.

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FAQ

In Georgia, all drivers are required to have liability insurance in the form of $25,000 property damage liability (PDL) per incident. Additionally, all drivers must have car insurance in the form of comprehensive or collision coverage.

§ 33-24-46, the term "residential real property" shall mean any property on which the policy is issued to a natural person or persons insuring a specifically described owner occupied one (1) or two (2) family dwelling, including condominium, manufactured housing, standard fire, homeowners, farmowners, and contents ...

Once you've cancelled your registration, you can cancel your insurance coverage. Do not cancel your insurance coverage before cancelling your registration, or else you may receive fines or penalties for having a registered but uninsured vehicle.

§ 33-24-44 applies only to the cancellation of an insurance policy. It does not apply when an insurer declines to accept coverage, nor does the statute apply to the expiration of a binder. Marchel v. Georgia Mut.

Georgia requires all drivers to have Liability Insurance to drive.

(a)(1) Every insurer providing liability or casualty insurance coverage in this state and which is or may be liable to pay all or a part of any claim shall provide, within 60 days of receiving a written request from the claimant, a statement, under oath, of a corporate officer or the insurer's claims manager stating ...

If the policy does not provide coverage of legal liability for injury to persons or damage to the property of third parties, a statement of such fact shall be printed, written, or stamped conspicuously on the face of the duplicate policy or memorandum.

Code Section 33-24-45 of the Official Code of Georgia Annotated provides that if you will locate another agent of this insurer and apply for this policy before the time at which the nonrenewal becomes effective, this insurer will treat the application as a renewal and not as an application for a new policy.?

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Georgia Clause Addressing Compliance with Legal Requirements and Insurance Recommendations