Government Employees Insurance v. Lopez

OPINION OF THE COURT

COVELLO, J.

The question presented for our consideration is whether a “premium finance agency” that sought to cancel an “assigned risk” automobile insurance policy because of the insured’s failure to make required payments under the “premium finance agreement” had to advise the insured of a particular “right of review” in order for the cancellation to be effective. For the reasons that follow, we answer that question in the negative.

Pursuant to an assigned risk automobile insurance policy that was effective April 12, 2002 (hereinafter the insurance policy), and issued…