§ 1.16 Termination
| Library | Guide to South Carolina Liability and Property Insurance Law (SCBar) (2019 Ed.) |
§ 1.16 Termination
The South Carolina Court of Appeals has explained that '"[n]onrenewal' means termination of a policy at its expiration date."147 The court further explained that where an insurer takes steps to renew the policy such would be considered a "renewal," which "'means the issuance of or the offer to issue by an insurer a policy succeeding a policy previously issued and delivered.'"148 Where, the insured did not timely remit the premium to the insurer, the court determined that it was the insured who nonrenewed the...
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