Maine Revised Statutes

Me. Rev. Stat. tit. 24-A, § 2421 (2026)

Renewal of policy

✓ current as of May 2026
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Any policy terminating by its terms at a specified expiration date and not otherwise renewable, may be renewed or extended at the option of the insurer and upon a currently authorized policy form and at the premium rate then required therefor for a specified additional period or periods by a certificate or other endorsement of the policy, and without requiring issuance of a new policy.   [PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).
Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2021–2021 · leading case: Corinth Pellets, LLC v. Arch Specialty Ins. Co., 2021 ME 10 (Me. 2021).
Corinth Pellets, LLC v. Arch Specialty Ins. Co., 2021 ME 10 (Me. 2021). · cites it 2× “24-A M.R.S. § 2421 (2020) (clarifying that renewal occurs when a policy has expired by its own terms).”
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