Morey v. Educator & Executive Insurers, Inc.

Clearly, the insurance policy in question was not renewed by the insured, and lapsed, by reason of nonpayment of the premium, on March 1, 1973, at 12:01 a. m. Payment of the delinquent premium on March 20th was ineffective to reinstate coverage retroactive to March 1, 1973, so as to provide coverage for the accident of March 17th.

R. C. 3937.30 through 3937.39, upon which appellee relies, were written to prevent the arbitrary and unwarranted cancellation of autmobile insurance policies. R. C. 3937.-31 requires such policies to be issued for policy periods of two years or to be guaranteed…